All articles by Shivam Mishra
Shivam Mishra
France’s Mistral AI raises nearly $415m in funding
The investment in Mistral AI, which is less than a year old, underscores the investors’ confidence in the technology.
Malaysia’s YTL and NVIDIA team up to build AI infrastructure
Through the collaboration with NVIDIA, Malaysia will have access to the fastest supercomputers by mid-2024, YTL said.
Digital Realty and Blackstone form a $7bn hyperscale data centre partnership
The companies will form a joint venture (JV), which will get $700m in initial capital investments from Blackstone.
SaaS company ProHance raises majority investment from ChrysCapital
The deal will see ChrysCapital acquire a 75% stake in ProHance.
Software company MaintainX raises $50m in Series C funding
The latest round takes the total funds raised by MaintainX to $104m and values it at $1bn.
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VAST Data raises $118m at over $9bn valuation
The company could consider launching an initial public offering (IPO) in 2024.
SoftBank Corp to acquire majority stake in Cubic Telecom for $510m
Through the acquisition, SoftBank Corp aims to capture the rapidly growing connected vehicle market.
Musk’s xAI to raise $1bn in equity funding
The AI company has already raised $134.67m from undisclosed investors.
Intel and Siemens team up on sustainable semiconductor manufacturing
The companies have identified many areas of partnership including optimising energy management and tackling carbon footprints cross the value chain.
Mistral AI in talks to raise $487m at $2bn valuation
Former scientists from DeepMind and Meta co-founded Mistral AI earlier this year.