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Nscale Global Holdings Ltd. reportedly plans to raise $3 billion in an initial public offering that could take place as soon as next month. Bloomberg today cited sources as saying that the London-based company intends to list its shares on a U.S. stock exchange. According to the report, it has hired Goldman Sachs Group Inc. […] The post AI data center builder Nscale reportedly seeking $3B IPO…
Artificial intelligence hardware startup Starcloud Inc. today announced that it has raised $250 million in funding at a $2.3 billion valuation. Investment firm Manhattan West led the deal. It was joined by more than a dozen other backers, including Nvidia Corp. and Cisco Investments. The cash infusion extends a Series A round that Starcloud announced in […] The post Starcloud raises $250M to build…
DeepSeek today debuted a new addition to its flagship V4 series of large language models. On launch, V4 Flash Vision Exp is only available via the Chinese startup’s paid developer platform. The company may release a free version later on given that it has open-sourced many of its earlier models. Those models include V4 Flash, […] The post DeepSeek debuts multimodal language model competitive with…
Data centers, of all things, now look like they’re going to be a prime political issue in the midterm elections and beyond. Really? Really. Even the GOP is worried that opposition to AI data centers could give Democrats a potent campaign issue. It seems a little odd given that data centers are decades old, power […] The post Politics hits data centers, OpenAI falls behind Anthropic and now AI is…
Google LLC’s artificial intelligence researchers had been salivating at the prospect of getting their hands on a trove of business data acquired from the defunct airline Spirit Airlines Inc. in an auction, but the proposed deal is being challenged by two separate parties. On Wednesday, the bankruptcy court that initially approved Google’s $10 million purchase […] The post Google’s attempt to buy…
An artificial intelligence startup called Astromech that’s developing models that can predict biological change has raised $20 million in funding, lifting its valuation to $3.8 billion. The round was led by biotechnology investor Bob Nelsen and saw the participation of Peak 6, NeoGenesis Capital, Builders VC and CAZ Investments, bringing the company’s total amount raised […] The post Astromech…
Broadcom Inc. is reportedly seeking to borrow up to $100 billion as part of a new artificial intelligence chip financing deal. Bloomberg today cited sources as saying that the debt is intended to support the growth efforts of Anthropic PBC and unnamed “other companies.” Those companies may include OpenAI Group PBC. Earlier this year, the […] The post Broadcom reportedly seeking up to $100B in debt…
Anthropic PBC is privately hoping its upcoming initial public offering will match or even surpass the size of SpaceX Corp.’s record-breaking IPO as it doubles down on its bid to go public ahead of rival OpenAI Group PBC. Anonymous sources who are familiar with the artificial intelligence model maker’s plans told Bloomberg that it’s hoping […] The post Report: Anthropic hopes to surpass SpaceX’s…
Palo Alto Networks Inc. and NTT DATA Group Corp. today signed a multiyear global alliance that targets $1 billion in joint business by the end of 2029. Palo Alto Networks said it’s the first alliance of its kind it has struck with a global systems integrator. The deal puts the security vendor’s platforms in front […] The post Palo Alto Networks and NTT DATA target $1B in AI security sales by 2029…
Waymo LLC today shared new details about the computing module that powers its autonomous taxis. The Alphabet Inc. unit operates about 4,000 vehicles in 11 U.S. cities. Most are based on the Jaguar I-Pace crossover, while the rest are Zeeker minivans and Hyundai Ioniq 5 SUVs. Consumers order rides via a standalone app and Uber. […] The post Waymo details the custom chip in its autonomous driving…
Satellite builder Muon Space Inc. today revealed that it has raised $250 million in new funding to scale satellite production. According to Reuters, the Series C round was raised at a valuation of $1.5 billion. Founded in 2021, Muon sells what it calls a Mission Foundry. Rather than supplying spacecraft or components to a prime […] The post Muon Space raises $250M at $1.5B valuation to scale up…
Twin1 AI Inc. launched today with $20 million in seed funding to build artificial intelligence-powered digital twins that carry an individual professional’s expertise across their organization. The San Mateo, California-based startup pairs each worker with a persistent model of their own knowledge, judgment and working context, one that can answer questions and act on that […] The post Twin1 AI…
London-based artificial intelligence startup Callosum Ltd. today announced that it has raised $100 million in funding. Atomico led the seed investment with participation from Plural, DCVC, and the U.K. Sovereign AI Fund. The deal follows a $10.25 million raise in February. Callosum offers a cloud service called Tailored Inference that helps developers increase the efficiency […] The post AI…
The conversation around storage modernization used to revolve around capacity. Today, the dialogue centers on the role of storage as a strategic requirement for AI readiness. This doesn’t mean that storage’s transformation is simple. Many organizations are seeking to build AI on top of storage architectures that were designed before the AI era. These legacy environments […] The post Supermicro…
Salesforce Inc. today introduced Slack Code, a new way to interact with coding agents in chat, with the whole team in the loop so everyone can see what’s happening at the conversational level. Coding agents are slowly changing how developers code; they’re also changing how enterprises build software. Salesforce has been pushing the idea that […] The post Salesforce introduces Slack Code to bring…
Cloud financial management startup North Cloud Holdings Inc. today released North 3.0, a platform-wide update that adds Microsoft Azure and pulls cloud, artificial intelligence and data spending into a single system. The release gives North coverage across all three major hyperscale cloud providers. Azure reaches general availability following a beta program, joining Amazon Web Services […] The…
Adobe Inc. today announced the general availability of audio capabilities in Firefly, the company’s all-in-one creative AI tool suite, allowing users to produce music, speech, and sound effects for their projects. In June, the company unveiled big changes for Firefly, including a large number of skills for Firefly AI Assistant that built in agentic capabilities […] The post Adobe expands…
Zero-trust security startup Zero Networks Ltd. today expanded its integration with Palo Alto Networks Inc., adding automated threat containment and a set of controls aimed at artificial intelligence agents. The two companies first integrated their products in February 2025. Zero Networks discovers and tags assets without agents. Palo Alto Networks firewalls take that context in […] The post Zero…
The AI Workforce Consortium today reported that the share of cybersecurity job postings across the Group of Seven economies that ask for artificial intelligence skills doubled over the year, and junior hiring has not moved with them. This was the first in a new series of spotlight reports, this one on the impact of AI […] The post AI skills in cybersecurity job postings doubled as junior hiring…
Quantum navigation startup Dirac Labs Inc. has the money it needs to start building prototypes of its ultra-accurate quantum positioning sensor devices and test them in the field after closing on $1.8 million in pre-seed funding. Today’s round was led by TitletownTech, a venture capital firm run by Microsoft Corp. and the Green Bay Packers […] The post Dirac Labs to scale quantum positioning tech…
As artificial intelligence data centers continue to proliferate across Ohio and public opposition grows, Axios reported today that the GOP’s Senate campaign arm has privately warned AI companies that they need to do something about the increasingly toxic image of the facilities. The centers have become the battleground for the upcoming election in which Republican […] The post GOP urges top AI…
Marvell Technology Inc. today disclosed that it has won a contract to design artificial intelligence chips for Google LLC. The deal also extends to other areas. Notably, Marvell has issued a warrant that will enable Google to purchase about 59 million units of common stock. The shares are worth $12.2 billion. Santa Clara, California-based Marvell […] The post Marvell shares jump 9.8% on Google…
Veeda AI, a startup led by a team of former Nvidia Corp. researcher and renowned computer scientist Sanja Fidler, has taken its bow on the main stage after raising $90 million in a seed funding round today. The round, which was first reported by The Logic, was co-led by Khosla Ventures and Radical Ventures, is […] The post Sanja Fidler’s world model startup Veeda AI raises $90M in seed funding…
Temporal Technologies Inc., a fast-growing developer tooling provider, is reportedly in talks to raise about $500 million from investors. Bloomberg on Tuesday cited sources as saying that the round could value the company at more than $12 billion. That’s more than double what it was worth after its previous raise in February. Many of the […] The post Application reliability startup Temporal…
