All articles by Shivam Mishra
Shivam Mishra
SMC raising $950m to expand AI server capabilities
The company aims to expand to meet the growing needs of global tech conglomerates and AI startups.
Chinese startup Baichuan AI secures $700m funding to spur growth
The funding round was supported by prominent Chinese technology firms, including Alibaba, Tencent, and Xiaomi.
Vanta raises $150m to expand reach and enhance AI capabilities
Sequoia Capital led this investment round, joined by new and existing investors like Goldman Sachs Growth Equity and JP Morgan.
Microsoft partners with Lumen to enhance AI data centre capabilities
Lumen’s Private Connectivity Fabric will be used to strengthen the connectivity between Microsoft’s data centres.
Tekion raises $200m funding from Dragoneer
The automotive SaaS startup plans to use the funds to broaden its product range for dealer partners and original equipment manufacturers.
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Accenture to acquire retail technology services company Logic
Logic specialises in leveraging technology to increase customer loyalty, revenue, and agility for retailers.
Halo Industries raises $80m to scale laser manufacturing
The company intends to use the funds for the expansion of its commercial operations and the broader adoption of its technology.
Salesforce continues layoffs with another 300 employees cut
This move is part of a broader initiative to streamline operations amid a period of cost-cutting in the tech industry.
OpenAI developing project ‘Strawberry’ to enhance AI reasoning
The technology aims to overcome the limitations of current AI models, which struggle with tasks requiring advanced reasoning and common-sense problem-solving.
Alphabet in advanced talks to acquire Wiz for $23bn
If the deal goes through, it would be the largest acquisition in the technology conglomerate’s history.