All articles by Anwesha Pattanaik

Anwesha Pattanaik

Micron to launch US memory research lab with $10bn investment

The new research hub aims to advance memory technology and AI with a decade-long funding plan.

Tech Mahindra, ServiceNow expand partnership to advance enterprise AI

The companies aim to fast-track enterprise AI deployment with dedicated validation and industry-focused solutions.

AI chipmaker Fractile in talks to raise $600m at $6.5bn valuation

The company reached an initial agreement to supply around $250m of its chips to Anthropic.

Marvell gives Google right to buy up to $12.2bn of shares in chip deal

The rights are tied to Google’s purchases of custom chips from Marvell, with vesting structured in tranches linked to spending.

Cerebras debuts CS-4 AI accelerator with new wafer-scale architecture

The CS-4 combines three new wafer-scale processors and modular design to boost speed and efficiency in AI data centres.

Etched raises $700m at $21bn valuation, ships first rack to Jane Street

Jane Street is an Etched investor and its first customer with the firm rolling out the technology in its own operations.

AI dictation firm Wispr valued at $2bn after $280m raise

The new funding will back expansion beyond dictation, including a proprietary speech model and meeting transcription tool.

US AI infrastructure company Groq raises $350m Series A at $3.5bn valuation

The company expects to grow from 54MW of capacity to more than 200MW in 2027.

Datavault AI to acquire CyberCatch in $94.5m all-cash deal

The deal will see CyberCatch become a Datavault AI subsidiary, pending regulatory and shareholder approval.

Stripe to acquire AI gateway startup OpenRouter for over $7bn

The move highlights growing demand among businesses for flexible and cost-effective AI solutions.