All articles by Archana Rani
Archana Rani
Nomagic garners $44m funding to expand AI robotics
The investment round was led by the venture capital arm of EBRD and involved investors Khosla Ventures and Almaz Capital.
Google cloud division reportedly cuts jobs amid AI investment push
The layoffs follows a period of slower growth in Google’s cloud business and increased expenditure on AI initiatives.
EU Commission approves Nokia’s $2.3bn takeover of Infinera
The Commission concluded that the combined market share in the supply of optical transport equipment would remain moderate.
Bain Capital mulling $10bn sale of Rocket Software – report
Moelis and RBC Capital have been hired to advice on potential sale process for Rocket Software.
NinjaOne garners $500m funding at $5bn valuation
The company plans to use the fresh capital to enhance R&D efforts, with focus on autonomous endpoint management.
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Anthropic unveils new AI model with hybrid reasoning
The Claude 3.7 Sonnet model is available on all Claude plans, as well as the Anthropic API, Amazon Bedrock, and Google Cloud’s Vertex AI.
Nvidia challenges EU regulators over antitrust review
The US company argues that the Commission disregarded a prior court ruling that limited its ability to review minor mergers.
Motorola wraps up RapidDeploy acquisition
Motorola plans to incorporate RapidDeploy’s technology into its VESTA 911 software and the VESTA NXT platform.
Genspark AI raises $100m in Series A funding
The funding round was spearheaded by group of investors from the US and Singapore.
AMD in talks to sell data centre manufacturing plants
Potential buyers include Taiwan-based companies such as Inventec, Compal Electronics, Pegatron, and Wistron.