21 stories
Scimplify, a startup that helps companies source the chemicals they use to make their products, has raised $25 million in funding. TechCrunch reported today that the Series C round was led by Hitachi Ventures.
Shares of Oracle Corp., DigitalOcean Inc.. and several other tech firms dropped today after a chart about CoreWeave Holdings Inc.’s finances went viral on X. CoreWeave operates a cloud platform optimized for artificial intelligence workloads.
Modal Labs Inc., a provider of artificial intelligence infrastructure, today announced that it has raised $750 million in late-stage funding. Accel led the Series D round. It was joined by Kleiner Perkins and a half-dozen existing Modal investors.
For three years, artificial intelligence infrastructure has been dominated by one idea: Bigger is better. Bigger models, bigger clusters, and bigger checks written to a small group of suppliers. At this week’s Open Compute Project Global Summit, Intel Corp.
Ubitium GmbH, a German semiconductor startup developing a universal processor for machines that perceive, think and act in the real world, today announced it has raised $14 million in additional seed funding led by Ibex Investors.
For most of its history, Cisco Systems Inc. won by building vertically integrated network products and asking customers to buy all of it. The company did very well with that model.
Microsoft Corp. today pulled back the curtains on Maia 300, its newest internally developed artificial intelligence accelerator. The chip is optimized for inference, the process of generating responses to AI queries.
Nvidia Corp. today announced new partnerships and contributions to the open-source community at the Open Compute Project Global Summit in San Jose, aimed at laying the foundation for the future of agentic artificial intelligence infrastructure.
Data center hardware startup Oxide Computer Inc. today announced that it has raised $445 million in funding. Returning backer Eclipse Capital led the Series D round.
For as long as Cisco Systems Inc. has held its WebexOne event, the show has aimed to drive thought leadership in the collaboration industry. This year, with artificial intelligence on tap, it had its fair share of unified communications and contact center.
Multiply Labs Inc., a startup that develops automation equipment for drugmakers, has raised $75 million in funding. Prominent medical researcher Patrick Soon-Shiong led the deal.
Schneider Electric Inc., one of the world’s largest industrial companies, today announced plans to acquire PTC Inc. for $23.7 billion. The all-cash deal values the software maker at $205 per share. That represents a 42% premium to its last closing price.
Amazon.com Inc. reportedly plans to offload some of its artificial intelligence chips and then lease them back. The Financial Times today cited sources as saying that the transaction would involve a special purpose vehicle, or SPV.
Volantis Inc. today announced that it has raised a $88 million funding round led by prominent angel investor Lachy Groom and Abstract Ventures. The Series A deal also drew more than a half-dozen other participants.
CScale Inc., a startup that develops optical interconnects for data centers, launched today with $188 million in funding. The company raised about three-quarters of the capital through a recently closed Series C round. It was co-led by Atreides Management, Valor Equity Partners and Premji Invest.
A little over a year after closing the Juniper Networks acquisition, Hewlett Packard Enterprise Co. today used its Networking Investor Day to argue that networking is no longer a supporting act at HPE. It’s the growth engine. The numbers shown to investors support that.
Client backoff with jitter, proxy fallback, and dead-letter queue: the three Node.js layers that stop cascading LLM failures in production.
An in-process LLM request queue for Node.js: concurrency cap, per-user fairness, and backpressure under 60 lines. No Redis or BullMQ needed in 2026.
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