Celestial AI, a start-up developing an optical interconnect for disaggregated, exascale compute and memory clusters, raised $100 million in Series B funding. Celestial AI is working on Optical Compute Interconnect...
Prosimo, a start-up based in San Jose, California offering distributed enterprise connectivity services, introduced a free Multi-Cloud Networking solution powered by its Cloud-Native Full Stack Platform. Prosimo's Multi-Cloud Networking (MCN)...
Alkira introduced an Extranet as-a-Service (EaaS) offering that leverages its global hyperscale cloud networking infrastructure to allow customers to instantly connect a variety of enterprise-class B2B applications and resources. Alkira's...
Pliops, a start-up offering a high-performance data processor for cloud and enterprise data centers, appointed semiconductor industry veteran Ido Bukspan as its new CEO, replacing Pliops co-founder Uri Beitler, who...
Aviatrix appointed Doug Merritt as CEO and President, replacing Steve Mullaney. Merritt was previously CEO and President of Splunk. Under Merritt’s leadership, Splunk grew revenues from the equivalent of $100...
The European Commission will provide up to €8.1 billion to advance research in the field of Microelectronics, including communication technologies (IPCEI ME/CT). The initiative involves 68 projects from 56 companies,...
Toshiba Digital Solutions and Classiq Technologies, a start-up based in Israel, signed a technology collaboration agreement focused on gate-based quantum computing. Quantum computers can be broadly classified into two types...
NTT Group announced the establishment of the "NTT Investment Partners Fund Ⅳ) with the objective is to accelerate innovation and collaboration in services and technologies. The fund size is 20...
CoreWeave, a specialized cloud provider built for large-scale GPU-accelerated workloads, announced an additional $200 million in funding to expand its cloud GPU services. The new funding , which was provided...
Lightmatter, a start-up based in Boston, raised a $154 million Series C investment round for its photonic interconnects and processors. Lightmatter’s photonics-enabled products encompass a full stack of hardware and...
Axelera AI, a start-up based in Eindhoven, Netherlands, raised over $50 million in Series A funding for its development of a hardware + software solution for AI interference at the...
Stathera, a start-up based in Montreal, announced US$15 million in a Series A funding round for its MEMS timing solutions. Stathera also announced a commercial collaboration agreement with South Korean...
ServiceNow will deploy $1 billion in investment capital by 2026 to ServiceNow Ventures, its global strategic investment arm. The company aims to grow and scale the next generation of enterprise technology...
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