Startup Rivos Raises $250M To Develop Risc-v Ai Chips, Telecom News, Et Telecom
"RISC-V doesn't have a (large) software ecosystem, so I decided to form a company and then build software-defined hardware - just like what CUDA did with Nvidia," said Lip-Bu Tan, founding managing partner at Walden Catalyst, one of Rivos' investors.
Collaborative Robotics Raises $100M Amid Robots Funding Boom, Et Telecom
Single-purpose robots previously attracted venture capital funding, but have recently fallen out of favor due its intensive capital needs and relatively narrow use cases.
Ai Startup Neysa Raises $20M In Funding From Matrix Partners, Others, Et Telecom
Neysa, a Mumbai-based artificial intelligence (AI) cloud and platform-as-a-service startup, will utilise the fresh capital for expanding infrastructure required for strengthening its research and development team, and for sales and marketing.
Sima Raises Funds: Chip Startup Sima Raises $70M To Quicken Ai On Cars And Robots, Et Telecom
SiMa.ai is one of a growing number of startups trying to perfect hardware for a future where AI is mainstream. Founded in 2018, it counts Taiwan Semiconductor Manufacturing Co. director Moshe Gavrielov and Intel Corp. board member Lip‑Bu Tan among its own board members.
Genai Startup Vodex Raises $2 Mn In Seed Funding From Unicorn India Ventures, Pentathlon Ventures, Et Telecom
Vodex said it leverages its GenAI solution to craft voice conversations that closely mimic human interaction, which in turn, enhances outbound sales calls with a more personal and engaging experience. The technology, it added, eliminates the need for traditional call centres while allowing businesses to streamline operations and improve efficiency.
Data Privacy Startup Skyflow Raises $30M In Funding Led By Khosla Ventures, Et Telecom
Skyflow added that it is powered by a proprietary technology called polymorphic encryption, which protects data without sacrificing its usability for critical business operations such as analytics, marketing and customer support.
Wearables Firm Ultrahuman Raises $35M In Mix Of Equity And Debt Funding From Existing Investors, Et Telecom
The round was co-led by existing backers Blume Ventures, Steadview Capital and Nexus Venture Partners, Ultrahuman’s founder and chief executive, Mohit Kumar, told ET in an interaction. Other existing investors like Alpha Wave Global and Zomato founder and chief executive Deepinder Goyal also participated in the round.
Pocket Fm Raises $103 Mn In Series D Round From Lightspeed, Stepstone Group, Et Telecom
Pocket FM, a prominent audio entertainment platform, has secured $103 million in Series D funding led by Lightspeed, along with Stepstone Group's participation, bringing its total funding to $196.5 million. This funding will facilitate Pocket FM's expansion into the U.S., Europe, and LATAM markets in 2024, while strengthening its exclusive content library and creator community.
The Evolution Of Ntt: From Telecom Giant To Tech Innovator (otcmkts:nttyy)
Investors can be forgiven if they hear about Nippon Telegraph And Telephone Corporation (OTCPK:NTTYY) and think it is an obsolete company not worth their time researching. While it's true that it is perhaps time to drop the word "Telegraph" from its name, and perhaps "Telephone" too while they are it, this is a company that is far from obsolete. It owns one of the leading mobile operators in the world, with excellent 5G coverage, and it is one of the most important data center operators globally.
Kkr To Invest Us$400 Million In Philippine Telecoms Tower Business, Asean Business - The Business Times
PRIVATE equity firm KKR & Co will invest US$400 million in telecoms tower operations and expansion in the Philippines, the United States Department of Commerce said on Wednesday (Mar 13), among a slew of deals in a US$1 billion investment announced in a landmark trade mission.