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Glean Technologies enters Indian market plans $50m investment
The company’s new office in Bengaluru will serve as a hub for sales, finance, R&D, and other business operations.
Low-code platform Creatio secures unicorn status with $200m funding
The company intends to channel new funds into accelerating product development and fuelling global expansion.
Hive Technologies secures €28.2m funding to expand in Europe
The company plans to utilise the recently secured funds to enhance its growth and product development initiatives.
OpenAI acquires video-first collaboration platform Multi
The platform, aimed at enterprise users, allows up to ten users to communicate via screen sharing and featured customisable shortcuts.
TCS to modernise Xerox’s IT infrastructure
The Indian IT major will oversee the migration of Xerox’s complex legacy data centres to the Azure public cloud.
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OpenAI acquires real-time analytics company Rockset
Founded by former Facebook employees, Rockset excels in data indexing and querying capabilities.
Germany’s Black Semiconductor secures €254m for graphene chip tech
Alongside securing public funds, the company also raised €25.7m in equity funding.
Apollo to acquire 49% stake in Intel’s Fab 34 JV in Ireland
The private equity company-managed funds will invest $11bn for acquiring the stake in Intel’s HVM facility, which opened in 2023..
Databricks to acquire data management startup Tabular
Tabular, founded by Netflix alumni Ryan Blue, Dan Weeks, and Jason Reid, is known for developing the independent data platform based on Apache Iceberg.
Cisco unveils $1bn fund to invest in AI startups
The company has made initial strategic investments in several companies, including Cohere, Mistral AI, and Scale AI.