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News
XPENG Robotics Raises More Than $900 Million At $6.3+ Billion Valuation As IRON Targets Mass Production In 2026
1+ hour, 47+ min ago (517+ words) XPENG’s robotics business has raised more than $900 million at a post-money valuation exceeding $6.3 billion, marking what the company says is the largest single-round private financing ever completed in China’s embodied AI industry. The financing was led by IDG Capital, with…...
Quintessent Raises $40 Million Series A As Quantum Dot Laser Targets 40% Lower AI Data Movement Power
1+ hour, 43+ min ago (336+ words) Quintessent has raised $40 million in an oversubscribed Series A round while beginning customer sampling of its single-chip quantum dot-based DWDM comb laser for AI data center optical interconnects. Cycle Capital led the financing, joined by Goldman Sachs XIG-Industry Ventures, Hina…...
Standard Metrics Raises $20 Million Series B As Platform Supports 10,000+ Companies And $400 Billion In Assets
1+ hour, 45+ min ago (265+ words) Standard Metrics has raised $20 million in Series B funding led by 8VC as the AI-driven portfolio management platform expands its technology for venture capital and private equity firms. Salesforce Ventures, Spark Capital, January Capital, First Trust Capital Partners, Socii Capital, Kindergarten…...
ePlus Acquires Daymark Solutions Assets To Expand Microsoft, Cloud And Cybersecurity Services
1+ hour, 44+ min ago (169+ words) ePlus has acquired the assets of Daymark Solutions, expanding its cloud, cybersecurity and modern data center capabilities while increasing its presence across New England. Daymark is also a Microsoft Tier 1 Cloud Solution Provider, complementing ePlus’ existing Azure and Microsoft 365 professional…...
Alibaba Launches Record $10.2 Billion Share Sale For AI As Orders Reach $28 Billion
2+ hour, 41+ min ago (640+ words) Alibaba has launched a HK$80 billion ($10.2 billion) primary share placement to fund chips, AI infrastructure and models, marking the largest-ever follow-on offering of new shares by a Hong Kong-listed company, according to Reuters. The Chinese e-commerce and cloud computing company…...
RUM Group Signs $13.7 Billion GPU Services Deal With Warrant For Up To 50.8 Million Shares
2+ hour, 35+ min ago (760+ words) RUM Group has entered into a six-year commercial agreement with an unaffiliated U.S.-based cloud customer covering approximately $13.7 billion of GPU services at the company’s Maysville, Georgia data center site, which is currently under development. The agreement represents a significant expansion…...
NexTech Solutions Acquires BOOMSLANG Aerospace As Fifth Deal Since Clairvest Investment
2+ hour, 31+ min ago (215+ words) NexTech Solutions has acquired BOOMSLANG Aerospace, adding unmanned aerial systems and counter-UAS technology to its defense technology platform and marking its fifth acquisition since receiving a strategic investment from Clairvest in 2023. The transaction closed August 7, 2026, and expands NTS’ capabilities across…...
Redfaire Secures €13 Million Minority Investment From BGF To Support Technology Services Growth
3+ hour, 6+ min ago (219+ words) Redfaire has secured a €13 million minority investment from BGF to support the continued development of its business, workforce and technology services across the regions it serves. The investment marks a new growth phase for Redfaire while allowing the company to…...
NVIDIA: Vera Rubin NVL72 Delivers Up To 30x More Agentic AI Throughput Per Megawatt And 35x Lower Token Cost
3+ hour, 12+ min ago (594+ words) NVIDIA says its Vera Rubin NVL72 platform can deliver up to 30x more agentic AI inference throughput per megawatt than the GB300 NVL72 while reducing the cost per million tokens by up to 35x. The performance gains target a rapidly emerging infrastructure challenge created by…...
Aware: Interview With President And CEO Ajay K. Amlani About Biometric Identity Technology
8+ hour, 13+ min ago (1116+ words) Aware develops biometric identity technology through the Awareness Platform, a modular orchestration engine designed to support authentication and identification across deployment environments while defending against spoofing, deepfakes, and injection attacks. Pulse 2.0 interviewed Aware President and CEO Ajay K. Amlani to learn…...