Baya Systems Adds Semiconductor Vets to its Board
Baya Systems, astart-up based in Santa Clara, California, has added industry veterans Manish Muthal and Siva Yerramilli to its Board of Directors. Following its Series B funding, the company is...
Baya Systems, astart-up based in Santa Clara, California, has added industry veterans Manish Muthal and Siva Yerramilli to its Board of Directors. Following its Series B funding, the company is...
Baya Systems, a start-up based in Santa Clara, California, has raised over $36 million in a Series B funding round led by Maverick Silicon. Existing investors, including Matrix Partners and...
Toronto-based Xanadu Quantum Technologies introduced Aurora, a scalable, networked, and modular quantum computer. The system, composed of four interconnected and networked server racks, features 12 qubits powered by 35 photonic...
Intel Corporation has announced plans to spin off its venture capital arm, Intel Capital, into an independent fund to enhance autonomy and attract external capital. Intel will remain an anchor...
Red Hat has acquired Neural Magic, a specialist in generative AI inference performance engineering and model optimization. Financial terms are not disclosed. This strategic move aims to enhance Red Hat AI, the company’s...
Swave Photonics, a company specializing in true holographic display technology, has closed a €27 million ($28.27 million) Series A funding round. This investment aims to accelerate the development of Swave’s...
ARIA Sensing has announced the launch of an Ultra-Wideband (UWB) Radar System-On-Chip (SoC) that offers 3D beamforming capabilities and programmable bandwidth up to 1.8 GHz. The chip integrates advanced waveforms...
Databricks, a start-up based in San Francisco, announced a landmark $10 billion Series J funding round, raising $8.6 billion so far and achieving a valuation of $62 billion. Led by...
NXP Semiconductors (NASDAQ: NXPI) announced an all-cash deal to acquire Aviva Links, a provider of Automotive SerDes Alliance (ASA)-compliant connectivity solutions, for $242.5 million. The acquisition enhances NXP’s automotive networking...
Ayar Labs secured $155 million in Series D funding to advance its optical I/O technology for AI infrastructure. The round, led by Advent Global Opportunities and Light Street Capital, included...
Tenstorrent Secures $693M Series D Funding Led by Samsung Securities and AFW PartnersTenstorrent has raised $693 million in a Series D funding round, valuing the company at $2 billion pre-money....
Nebius Group N.V. announced a $700 million strategic equity financing round led by Accel, NVIDIA, and Orbis Investments. This funding will accelerate the company’s AI infrastructure expansion across key markets,...
Aviz Networks, a start-up based in San Jose, California, announced $17 million in a Series A funding round led by Alter Venture Partners, with support from strategic investors like Celestica...
© 2026 Converge Digest - A private dossier for networking and telecoms.
© 2026 Converge Digest - A private dossier for networking and telecoms.