All articles by Shivam Mishra
Shivam Mishra
Chinese AI startup 01.AI valued at more than $1bn
The company has also launched open-source AI model Yi-34B for the Chinese market.
Xage Security secures $20m funding from SAIC and other investors
The latest round takes the total funding raised by the company to date to $80m.
Accenture buys Spanish cybersecurity company Innotec Security
Accenture expects the deal to bolster its position as the managed security services provider in Spain.
Cybersecurity startup FusionAuth raises $65m from Updata
FusionAuth said it will use the funding to scale its go-to-market efforts and accelerate development of new products.
Splunk announces layoffs citing market uncertainty
The company’s CEO noted that the layoffs, which will impact around 560 people, are not related to Splunk’s merger with Cisco.
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Accenture brokers deal to acquire OnProcess Technology
OnProcess offers supply chain managed services using automation, AI, and data-driven decision-making.
Blackstone and Vista to buy software company Energy Exemplar
The deal is reportedly valued at more than $1bn.
NVIDIA tests AI chatbots for designing semiconductors
NVIDIA used 30 years of data from its archives of chip development to train an LLM.
Lumentum to acquire Cloud Light Technology for $750m
The boards of directors of both companies and the shareholders of Cloud Light have unanimously approved the deal.
Tata to start manufacturing iPhones in India
Tata Electronics is buying Wistron’s iPhone manufacturing facility in India.