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Axelera raises $68M to rival Nvidia with edge AI chips
![A visual representation of a hardware tech stack, created using Adobe Firefly.](https://venturebeat.com/wp-content/uploads/2024/04/adobe-firefly-hardware-tech-stack.jpg?w=578)
Axelera says its flagship edge AI platform, Metis, can deliver up to a five-fold increase in efficiency and performance for enterprises.Read More
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Financial Times - Business
Nvidia partner Lambda Labs seeks $800mn as AI computing demand soars
Silicon Valley start-up that rents out servers powered by chip giant seeks to capitalise on investor interest -
VentureBeat - Tech
Orby AI raises $30M to use generative AI to automate your most tedious work tasks
Orby AI raises $30M Series A to automate complex enterprise workflows using generative AI and large action models, revolutionizing productivity.Artificial Intelligence -
Inc. - Business
How This Second-Time Founder Raised $50 Million for Her AI Startup in 2 Months
As a serial entrepreneur, Julie Bornstein found fundraising much easier for her new AI-powered shopping platform, Daydream. -
VentureBeat - Tech
AI personal assistant startup Ario raises $16 million, aims to democratize digital helpers
Ario raises $16M to build an AI personal assistant that leverages users' personal data, aiming to provide affordable, high-value digital assistance to everyone.Artificial Intelligence -
The Wall Street Journal - World
No Nvidia in Your Portfolio? 'You're Just Toast'
In this year’s bull market, there are artificial-intelligence plays like Nvidia—and then there’s everything else. -
VentureBeat - Tech
Multibeam launches chip industry’s 1st multicolumn E-Beam lithography
Multibeam Corp. today introduced the MB platform, a first-of-a-kind Multicolumn E-Beam Lithography (MEBL) to make chip factories better. -
The Wall Street Journal - World
Startup Silicon Box to Build $3.4 Billion Chip Plant in Italy
Singaporean startup Silicon Box is planning a new chip-making facility in Italy, the latest big-ticket investment in Europe as Brussels seeks to become more self-sufficient in chip production. -
CNBC - Business
Democrats ask Raimondo to step up enforcement on CHIPS funding
BAE Systems, Intel are under scrutiny by lawmakers over timing of CHIPS funds and stock buybacks -
Yahoo Sports - Sports
Rivals Five-Star: Breaking down the quarterbacks
Five-star quarterback Julian Lewis is the top-ranked prospect in the 2025 Rivals250.
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VentureBeat - Tech
Fandom Party returns July 25 with Dragon Age: The Veilguard preview
Fandom announced its bringing back its Party event on July 25, which will feature a preview of upcoming game Dragon Age: The Veilguard. -
VentureBeat - Tech
Is Groq the David to Nvidia’s Goliath? Groq CEO is bringing the noise to VB Transform 2024
Groq has become a major challenger to the GPU-dominated, incredibly bottlenecked, resource-starved compute landscape. -
VentureBeat - Tech
Walmart shows off its progress with augmented reality showrooms
Walmart showed off its use of augmented reality and artificial intelligence in its retail operations. -
VentureBeat - Tech
Seeing the strength of the LGBTQ+ gayming market | Robin Gray interview
The past two years of layoffs have been tough for the game industry, and the Gayming Awards and Gayming Magazine have felt the “knock-on effect of that,” said Robin Gray, founder of Gayming Magazine and the Gayming Awards. The recent announcement ... -
VentureBeat - Tech
Users can now purchase e.l.f. Cosmetics products through Roblox
Aspiring beauty gurus can now purchase a selection of physical e.l.f. Cosmetics products through its Roblox experience, powered by Walmart.