Tag: investment

Here you will find all the articles with the tag: investment.

China strengthens domestic chip industry with 37 billion euros

China strengthens domestic chip industry with 37 billion euros

China plans to raise money for its national chip industry through state investment. The intended investment amount should be around 37 billion euros, Reuters writes based on sources. The so-called tech Big Fund, under the control of state investment vehicle China Integrated Circuit Industry Inve... Read more

date7 months ago
‘Databricks aiming at 38B euro valuation’

‘Databricks aiming at 38B euro valuation’

Databricks is continuously seeking new investment capital to upgrade its enterprise value. For this purpose, talks are now being held with an investment company, reports Bloomberg. Databricks wants to proceed with a valuation of 38 billion euros ($43 billion) with a new round of investment, Bloo... Read more

date8 months ago
Samsung invests in AI startup Irreverent Labs

Samsung invests in AI startup Irreverent Labs

Samsung is investing an undisclosed amount in Seattle-based American AI startup Irreverent Labs. The South Korean tech giant is said to be particularly interested in a yet-to-be-developed API for an AI platform for video. Samsung made the investment through its own startup funding fund Samsung N... Read more

date8 months ago
Lenovo invests heavily in AI to offset slump in PC sales

Lenovo invests heavily in AI to offset slump in PC sales

Lenovo is the biggest player in the PC market but, like its competitors, it's facing disappointing sales figures. The Chinese company has just strengthened itself with John Thornton as non-executive director, who brings experience from Ford and Goldman Sachs with him. In addition, a $1 billion inve... Read more

date8 months ago
Databricks seeks investment capital to integrate more AI features

Databricks seeks investment capital to integrate more AI features

Databricks is seeking new investment capital to further expand the AI capabilities for its data platform. This is what The Information writes based on insiders. An IPO is ruled out for now, the data specialist itself indicates. Databricks wants to invest even more in expanding the AI functionali... Read more

date8 months ago
‘Nvidia to invest heavily in Arm despite failed acquisition’

‘Nvidia to invest heavily in Arm despite failed acquisition’

Nvidia is said to be negotiating with Arm to acquire a large stake in the company following an IPO. This reports Financial Times based on sources. According to the British business newspaper, Arm wants Nvidia to become the main shareholder in the chip technology company after a possible IPO. Thi... Read more

date9 months ago
What the jump in chip stocks may mean for overall IT spend

What the jump in chip stocks may mean for overall IT spend

Latest stock trends show AI-driven uptick in demand for semiconductors is probably an outlier. A rebound in semiconductor stocks may not signal "good news for the broader enterprise tech sector", according to a report in SiliconANGLE. This week SiliconANGLE's Co-CEO Dave Vellante published a ... Read more

date1 year ago
CrowdStrike invests in security startup Abnormal Security

CrowdStrike invests in security startup Abnormal Security

CrowdStrike recently invested an undisclosed amount in security startup Abnormal Security through its investment fund CrowdStrike Falcon Fund. In addition, the two security providers will integrate each other's technology. With the recent investment, the provider of cloud-based security solution... Read more

date1 year ago
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