Lambda Raises $480M to Scale AI Cloud Infrastructure
Lambda raised $480 million in a Series D funding round, bringing its total equity capital raised to $863 million. The round was co-led by…
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Lambda raised $480 million in a Series D funding round, bringing its total equity capital raised to $863 million. The round was co-led by…
Lumotive, astart-up based in Redmond, Washington, has secured $45 million in a Series B funding round to accelerate the growth and sales of its…
Hyperlume, a start-up based in Ottawa, has secured a US$12.5 million seed funding round to advance its high-bandwidth, low-latency, and energy-efficient interconnect solutions for…
Relativity Networks, a start-up based in Orlando, Florida, has secured $4.6 million in pre-seed funding to accelerate the deployment of hollow-core fiber (HCF) technology,…
NXP Semiconductors agreed to acquire Kinara, a start-up developing energy-efficient discrete neural processing units (NPUs). The $307 million all-cash transaction is expected to close…
Salience Labs, a start-up based in Oxford, UK, has secured $30 million in Series A financing to accelerate the development of its optical switches…
iPronics, a deep-tech startup specializing in software-defined photonic engines, has raised €20 million in Series A funding to advance its Optical Networking Engine (ONE) for next-generation AI data centers.…
Celestial AI, a start-up based in Santa Clara, California, developing its Photonic Fabric optical interconnect, announced the appointment of Lip-Bu Tan 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…
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.…
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…
Intel Corporation has announced plans to spin off its venture capital arm, Intel Capital, into an independent fund to enhance autonomy and attract external…
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…
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