Lucend raises $3.3m to fund US roll-out of AI platform for data center efficiency
Says customers can make big savings with little changes
Says customers can make big savings with little changes
But sources stressed that no decision had been made
Parties pull the plug, rather than flick the switch, on big money deal
Aims to help speed up AI buildout
As part of its acquisition of OGDC
The funds build on an earlier agreement for a $3 billion investment
Fourth IonQ acquisition in less than a year
It means VIF now owns Towerlink France
Would be significant uptick compared to last reported valuation
Funding received from southeast Asian holding company Society Pass Inc.
Funding will be used to expand AI infrastructure in Australia and APAC
Funding round saw investment from Microsoft’s Venture Fund and Aramco Ventures
ByteDance retains 19.9 percent stake
Intel CFO said that although chipmaker expected core counts to increase, “unit volumes were not”
Following similar cuts last October
Plant set to be constructed at existing Ormat Technologies site
Intel was reportedly mulling a $1.6bn acquisition of the AI solution provider as recently as last month
The sale will net Telenor $3.9 billion
Non-binding agreement to fund digital infrastructure projects
Negotiations are ongoing, but nothing has been agreed yet
Funding will be used to commercialize technology and support US expansion
Could power the tech firms AI ambitions
Funds secured from ESA member states
JICT claims a 30 percent stake and invests $340 million in the JV