US chip startup Groq, which designs processors for artificial intelligence (AI) inferencing, is expanding its infrastructure in Australia with a new deployment in Equinix’s data centre in Sydney. The new location will provide low-latency services for customers in Australia and across the Asia-Pacific region. Read more...
Read MoreThis startup has developed an AI copilot for mechanical engineers. At the heart of the innovation is a Large Mechanical Model (LMM), a patented AI system that understands real CAD data. It’s designed to transform “the entire product design process into an AI-centric one, where Leo serves as a natural extension of the engineer’s mind,” noted Leo AI Co-Found and CEO Maor Farid. Watch...
Read MoreIn early 2022, the meal delivery company I founded, Tovala, went out to raise $100mm from venture capitalists. Our business could not have been hotter. We’d crossed $110mm of revenue, growing over 100% YoY. We had retention that was 3–4 times better than other meal delivery services. We had low awareness, lots of room for product innovation, and a seemingly clear path to an IPO. Read...
Read MoreLIBERTY LAKE, Wash., Nov. 17, 2025 (GLOBE NEWSWIRE) — Itron, Inc. (NASDAQ: ITRI), which is innovating new ways for utilities and cities to manage energy and water, announced today the signing of a definitive agreement to acquire Locusview, Ltd. and subsidiaries (“Locusview”), a privately held utility-focused software and services company that is based in the United States and Israel. The purchase price for the acquisition is $525 million and will be funded through cash on hand. The transaction is expected to close during January of 2026. Read more...
Read MoreHSINCHU, Taiwan & SAN JOSE, Calif.–(BUSINESS WIRE)–Global Unichip Corp. (GUC), the Advanced ASIC leader, and Ayar Labs, a leader in co-packaged optics (CPO) for large-scale AI workloads, have announced a strategic partnership to integrate CPO into GUC’s advanced ASIC design services. Read...
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