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  • September 12, 2023
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Enfabrica, which builds networking hardware to drive AI workloads, raises $125M

Enfabrica, a company building networking chips designed to handle AI and machine learning workloads, today announced that it raised $125 million in a Series B funding round that values the company at “five times” its Series A post-money valuation, according to co-founder and CEO Rochan Sankar. Led by Atreides Management

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  • September 12, 2023
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Institutional crypto adoption in Asia is growing as the US market remains a question mark

After multiple industry-changing events crippled the industry’s advancement last year, the positive shift is welcome, according to several industry players in the region.

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  • September 12, 2023
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HiddenLayer raises $50M for its AI-defending cybersecurity tools

HiddenLayer, a security startup focused on protecting AI systems from adversarial attacks, today announced that it raised $50 million in a funding round co-led by M12 and Moore Strategic Ventures with participation from Booz Allen Hamilton, IBM, Capital One and TenEleven. Bringing the company’s total raised to $56 million, the

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  • September 12, 2023
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Philippines startup Parallax removes the friction from cross-border payments

Sending money across borders is filled with friction, like long wait times, high transaction costs and markups on currency exchange. A Philippines-based startup called Parallax wants to make the process faster and cheaper with a cross-border payments system that can be used for stablecoin, crypto or traditional currencies. Parallax has

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  • September 12, 2023
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Dell Technologies appoints Alexandre Brousse as the EMEA Channel Lead

Dell Technologies has appointed Alexandre Brousse as the EMEA Channel Lead, effective from October 1. In his new role, Brousse will collaborate with the EMEA Channel team to establish a customer-centric and partner-empowered ecosystem aimed at fostering growth and innovation within the region. He takes over this position from Anwar

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  • September 12, 2023
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Intelsat and Aalyria Join Forces to Drive Multi-Orbit Connectivity

Intelsat, officially entered into a Memorandum of Understanding (MoU) with Aalyria, based in Livermore, California. Aalyria holds recognition as a pioneer in advanced software-defined and optical networking communications. The partnership involves major funding to advance cutting-edge optical tech for unprecedented data transfer between terrestrial and space infrastructure. Bruno Fromont, Intelsat’s

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  • September 12, 2023
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Eco-Friendly Computing: 11 Ways to Make Your Laptop More Environmentally Friendly

The climate crisis affects all of us, and we recognize that in order to limit global temperature rise to less than 1.5°C, we must significantly reduce greenhouse gas emissions. Addressing the climate crisis necessitates breaking it down into small actions that collectively yield a substantial impact. We can all take

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  • September 12, 2023
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English learning platform ELSA lands $22.5M Series C

ELSA, the English language learning platform, announced today it has raised $22.5 million in Series C funding. It also launched ELSA AI Tutor, which draws on years of speech recognition data collected by the app and reproduces conversations through generative AI to help learners correct their pronunciation, grammar and tone.

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  • September 12, 2023
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TikTok Shop officially launches in the U.S.

After months of testing, TikTok has finally launched its e-commerce product, TikTok Shop, in the U.S — where it has more than 150 million users. As part of the rollout, the company is bringing features such as a dedicated shop tab on the home screen, live video shopping, shoppable ads,

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  • September 12, 2023
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Varo Bank Expands Cloud Partnership with Temenos

Temenos made an announcement today regarding its extended partnership with Varo Bank, N.A., the pioneering all-digital, nationally chartered consumer tech bank in the United States. Through the utilization of Temenos Banking Cloud, Varo gains the capacity to adapt to customer demands, swiftly roll out new products, and significantly reduce operational

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