All articles by Shivam Mishra
Shivam Mishra
Decart raises $32m to develop real-time generative AI
Founded in 2023, Decart gained prominence less than two months ago, following a $21m seed round.
SoftwareOne announces acquisition of Crayon to expand solutions
The merger will create a company with a combined revenue of approximately SFr1.6bn ($1.78bn), operating in more than 70 countries with around 13,000 employees.
Vultr secures financing from AMD and LuminArx
While the privately held company did not disclose the exact amount of funding, CNBC reported that it secured $333m.
SandboxAQ raises $300m to advance quantum AI technology
The Alphabet spin-off aims to utilise the funds to accelerate the development of its LQMs and other AI applications.
US finalises $406m chips subsidy for Taiwan’s GlobalWafers
The funds will facilitate the construction of wafer manufacturing facilities in Texas and Missouri.
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Databricks announces $10bn Series J funding round
Thrive Capital is leading the round, which is co-led by Andreessen Horowitz, DST Global, GIC, Insight Partners, and WCM Investment Management.
RED Lattice acquires Israeli spyware company Paragon for $500m
Founded by former Israel Prime Minister Ehud Barak, Paragon’s clients include law enforcement and intelligence agencies in Israel, Europe, and the US.
Wipro to acquire IT services provider Applied Value Technologies
AVT has subsidiaries in Massachusetts, Singapore, and the Netherlands, offering enterprise applications development and support services globally.
Meta teams with James Cameron’s Lightstorm Vision
The collaboration focuses on developing 3D entertainment, including live sports, concerts, and TV series.
Air France-KLM forms AI partnership with Google Cloud
This partnership will see the airline leverage Google Cloud’s data, analytics, and generative AI technology to drive its data-centric and multi-cloud strategy.