All articles by Shivam Mishra
Shivam Mishra
Cyclone Robotics raises $40m to offer automation solutions
The Series C extension comes roughly two years after the company’s initial $150m Series C round.
CoreWeave secures $2.3bn debt financing to expand cloud services for AI
The funds will be used to expand CoreWeave’s workforce, build new data centres, and bolster its high-performance computing capabilities.
Chip company Arm eyes up to $70bn valuation in September IPO
The semiconductor company is looking to raise $10bn through the offering.
AI chip company Tenstorrent raises $100m from Hyundai and Samsung
Of the $100m, $50m will come from Hyundai Motor Company and Kia.
Enterprise networks services startup Nile raises $175m in Series C
The round saw participation from solutions by stc, Prosperity7, Liberty Global Ventures, and stc Corporate Investment Fund.
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Atos in talks to sell Tech Foundations business in €2bn deal
Upon completion, Atos will be renamed to Eviden and Tech Foundations will continue using the Atos brand.
Francisco Partners and TPG to buy New Relic for $6.5bn
New Relic’s board of directors have approved the deal.
Accenture announces 890 job cuts in Ireland
The 1,290 job cuts planned this year represent nearly 20% of the company’s Irish workforce.
China’s Cambricon Technologies axes jobs at self-driving chip unit
Established in 2016, Cambricon was regarded as a potential competitor to the top chip manufacturers in the world.
Chipmaker AMD to invest $400m in India by 2028
The chipmaker’s investment is expected to generate 3,000 new engineering jobs.