Advanced Computing in the Age of AI|Sunday, February 28, 2021
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VC

Peak AI Gets $21M Series B Funding Round, Expands Access to AI ‘Decision Intelligence’

AI deployments are steadily migrating to retail applications as commercial brands seek to get a better handle on supply chains along with marketing and sales. Increased demand for embedded ...Full Article

Edge AI Startup Kneron Attracts New Investors

Kneron Inc., the AI startup specializing in “on-device” edge inferencing applications, has raised additional funding in the form of investments by Taiwanese manufacturing powerhouses Foxconn and Winbond. San Diego-based ...Full Article

Chinese AI Chip Startup Enflame Brings in $278.5M in New Funding

Enflame Technology, a Chinese AI startup developing deep learning chips for AI training, has secured another $278.5 million in funding from government and industry investors. The latest investor group ...Full Article

Scale AI Targets App Development Bottlenecks

Scale AI Inc, a fast-growing provider of training and validation data for AI applications, disclosed a successful mid-stage funding round this week along with its acquisition of another AI ...Full Article

Fintech Is a VC Magnet

Billions of dollars in venture capital are flying around in search of the Next Big Thing, while most investments in technology startups likely won’t pan out. Still, investors are ...Full Article

DevSecOps Emerges as a Cash Magnet

The shift toward front-end application security continues to gain momentum with DevSecOps vendors attracting investors as new security tools are integrated with enterprise application development workflows. The latest illustration ...Full Article

Syntiant, AI Chip Specialist, Raises Funds, Ramps Production

Syntiant Corp., the “neural decision processor” startup, announced completion of another funding round this week along with the shipment of more than 1 million low-power edge AI chips. The ...Full Article

AI for Cloud Security Attracts Venture Funding

Vectra, the cloud security platform vendor, has raised an additional $100 million in its latest funding round led by TCV, an early investor in technology companies ranging Facebook to ...Full Article

Investors Continue to Bank on Cloud Manager Rubrik

Tech company valuations and private equity funding rounds continue to soar as data become the keys to the realm and greater volumes are managed in the cloud. The latest ...Full Article

NodeSource Raises Cash as Node.js Expands

Capping what could be called The Year of Open Source, Node.js JavaScript runtime vendor NodeSource announced the results of its latest funding round on Christmas Day 2017, raising its ...Full Article
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