The Milpitas-based vertical-power-delivery firm puts more than 3,000 amps of current directly under the GPU. The deal could be announced as soon as Tuesday. Analog Devices is in advanced talks to acquire Empower Semiconductor, the closely held Californ…
The Paris-based open-weights lab is acquiring an Austrian startup whose models handle airflow, heat transfer, and material stress, targeting aerospace, automotive, and semiconductor customers. Terms were not disclosed. Mistral AI, Europe’s most promine…
Sigma Computing has raised $80 million in Series E funding at a $3 billion valuation, doubling its worth in a year and positioning the San Francisco-based company as one of the most aggressively valued players in the business intelligence market. The…
The Pátria-controlled data-centre developer is buying renewable power from Brazil’s largest independent generator to underwrite a 200 MW campus in Pecém, the first ByteDance facility in Latin America. Omnia, the Pátria Investimentos-backed data-centre …
The all-stock takeover, the largest power acquisition ever, gives NextEra the utility that runs Northern Virginia’s data-centre belt and consolidates the bidding power on the demand side of the AI-electricity trade. NextEra Energy has agreed to acquire…
Radical Ventures led the round, with Nvidia, Sequoia, Benchmark, Adobe, and Toyota alongside. Andrej Karpathy, Michael Eisner, and the Nintendo family are angels. Total raised is now over $450m. Decart, the AI research lab building real-time video and …
The Paris- and San Francisco-based platform’s Series B is co-led by Abstract and Sequoia, with Snowflake and Datadog participating. Total funding is now north of $60m. Dust, the Paris- and San Francisco-based enterprise AI platform, has raised a $40m S…
L Catterton has sold its majority stake at a steep discount to the DTC era’s peak valuation. Common stockholders get nothing. The Everlane board signed on Saturday. Shein, the Chinese-founded ultra-fast-fashion giant, is acquiring Everlane, the San Fra…
The Tampa-based, Sun Capital-owned software services firm is folding the SAP- and IWG-trusted UK digital agency into its Digital Experiences practice. Deal terms were not disclosed. Exadel, the Tampa-based software-development and consulting firm, has …
Europe’s largest bank is putting a dedicated facility behind Chinese solar, battery, EV and data-centre exporters expanding overseas, citing demand that has accelerated alongside the Iran war. HSBC has set up a dedicated $4bn credit facility to help Ch…