The company aims to expand to meet the growing needs of global tech conglomerates and AI startups.
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The funding round was supported by prominent Chinese technology firms, including Alibaba, Tencent, and Xiaomi.
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Sequoia Capital led this investment round, joined by new and existing investors like Goldman Sachs Growth Equity and JP Morgan.
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The US cybersecurity company, which caused a shutdown across healthcare, banking, aviation and retail, has provided its partners with $10 towards a takeaway.
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US senator Tom Cotton has asked Biden’s administration to prevent Shein from selling so-called “potentially fraudulent supply-chain technology to US companies,” but Shein tells Just Style it is not selling software to third parties – instead it is using its expertise to increase efficiency and limit waste.
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The city’s pledge to host the greenest Olympics in history includes the target of halving the average total carbon emissions produced by the most recent editions of the Games.
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The energy transition is changing the shape of the electric grid, leaving more attack surfaces vulnerable to cybercriminals.
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