Wa’ed Ventures invests $15M in South Korean chipmaker
Submitted by Priya Khosla on July 23, 2024 - 6:22am
Saudi Arabia’s Aramco’s venture arm, Wa’ed Ventures, has invested $15 million in South Korean chipmaker Rebellions Inc.
Ashley Trama
Associate Vice President, Research and Development Program Management
Locus Biosciences
Gcore Raises $60M in Series A Funding
Submitted by Priya Khosla on July 23, 2024 - 6:04am
Gcore raised $60M in its first external funding round led by Wargaming, and with participation from Constructor Capital and Han River Partners.
Cohere raises $500M to beat back generative AI rivals
Submitted by Priya Khosla on July 23, 2024 - 5:38am
Cohere, a generative AI startup co-founded by ex-Google researchers, has raised $500 million in new cash from investors including Cisco, AMD and Fujitsu.
Nscale Acquires Kontena
Submitted by Priya Khosla on July 22, 2024 - 6:24am
Nscale, a fully vertically integrated AI cloud platform, announced the acquisition of Kontena, a leader in high-density modular data centres and AI Data Centre solutions.
Amphenol Corporation to Acquire Mobile Networks Businesses From CommScope
Submitted by Priya Khosla on July 22, 2024 - 6:11am
Amphenol Corporation announced the acquisition of CommScope’s mobile networks businesses for $2.1 billion in cash, subject to customary post-closing adjustments.
UAE Blockchain and AI Startup Sentient Labs Secures $85 Million in Seed Funding
Submitted by Priya Khosla on July 19, 2024 - 10:26am
Sentient Labs, a UAE-headquartered startup, has successfully raised $85 million in seed funding.