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News
Ayar Labs bags $150M in additional late-stage funding to help make bigger AI chip clusters
2+ day, 11+ hour ago (291+ words) UPDATED 22:36 EDT / SEPTEMBER 10 2026 Networking technology startup Ayar Labs Inc. said today it has extended its recent late-stage funding round to $650 million after raising an additional $150 million from an unnamed investor. The company originally disclosed it had raised $500 million in its…...
Chipmaker Positron nabs $875M to speed up inference with consumer-grade memory
2+ day, 17+ hour ago (670+ words) UPDATED 16:34 EDT / SEPTEMBER 10 2026 Positron AI Inc., a developer of inference appliances that don’t include HBM memory, today announced that it has raised $875 million in funding. NEA, Atreides Management, Valor Equity Partners, Andra Capital, SemiAnalysis Capital and Netscape Inc. co-founder Jim…...
Antioch raises $32M to move robot testing into simulation
4+ day, 15+ hour ago (255+ words) UPDATED 18:44 EDT / SEPTEMBER 08 2026 Simulation software startup Antioch Inc. today announced $32 million in new funding for product development, engineering hires and deeper simulation capabilities. Robotics, autonomy and perception teams are its customers. Amazon.com Inc.’s Ring is among the companies…...
Nvidia's Hugging Face deal is a bet on open models??? and proof it's no longer just a chip company
1+ week, 2+ day ago (757+ words) UPDATED 21:29 EDT / SEPTEMBER 03 2026 ANALYSIS by Zeus Kerravala As Nvidia Corp. announced this morning that it has agreed to acquire Hugging Face Inc. for $12.93 billion — one of the largest acquisitions in the company’s history — Chief Executive Jensen Huang promised that the…...
Broadcom beats expectations as AI labs double down on custom chips
1+ week, 3+ day ago (413+ words) UPDATED 19:41 EDT / SEPTEMBER 02 2026 Custom chipmaker Broadcom Inc. beat expectations on earnings and revenue in its third-quarter financial report and hinted at the prospect of doing more business with leading artificial intelligence labs. However, its stock came under pressure in late…...
Lyte raises $165M at $1.6B valuation to bring accurate perception to robots
1+ week, 3+ day ago (467+ words) UPDATED 12:10 EDT / SEPTEMBER 02 2026 Robotics perception startup Lyte AI Inc. today announced it raised $165 million in a Series C round led by Maverick Silicon, bringing the company’s post-money valuation to $1.6 billion. Since its stealth launch in January 2026, Lyte now ships custom…...
Lasso Security launches CPU-only AI guardrail, raises $30M
1+ week, 4+ day ago (469+ words) UPDATED 04:00 EDT / SEPTEMBER 02 2026 Artificial intelligence security startup Lasso Security Ltd. today launched a guardrail for AI applications that runs on ordinary server processors, with no graphics chip required. The product is called LEAP. Lasso also announced $30 million in new funding....
MongoDB delivers stellar earnings and revenue beat, but its stock tanks anyway
1+ week, 4+ day ago (325+ words) UPDATED 21:39 EDT / SEPTEMBER 01 2026 Database company MongoDB Inc. crushed Wall Street’s forecasts as it delivered its second-quarter financial results today and followed up with strong guidance for the current quarter. It also raised its full year outlook, but if anyone was…...
SoftBank???s SB Energy AI infrastructure unit files to go public
1+ week, 4+ day ago (411+ words) UPDATED 20:24 EDT / SEPTEMBER 01 2026 SB Energy Inc., a developer of data centers and electrical infrastructure, today filed for an initial public offering. The SoftBank Group Corp. unit didn’t specify how much it’s hoping to raise. Over the weekend, the Wall Street…...
Dell's AI servers sell like hot cakes again, driving a stunning earnings beat
1+ week, 4+ day ago (274+ words) UPDATED 19:55 EDT / SEPTEMBER 01 2026 Shares of the personal computer and data center server maker Dell Technologies Inc. were up more than 6% in late trading today after it reported earnings and revenue that easily beat expectations. Dell’s founder Michael Dell, who serves…...