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CScale exits stealth with $145m to stop laser failures stalling AI

Artificial Intelligence, Deep tech, Digital Marketing, Investors and funding, SEO Tips, Startups and technology, Technology, United States /

CScale, a Palo Alto startup building optical interconnect for AI data centres, has come out of stealth with $145m in Series C funding. The round takes its total funding to $188m, the company said in a statement on Wednesday. Atreides Management led the round, with Valor Equity Partners and Premji Invest as co-leads. Sutter Hill […]

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AI needs $6tn a year by 2031 to pay for its data centres, Bain says

Artificial Intelligence, Business, Deep tech, Digital Marketing, Investors and funding, SEO Tips, Sustainability, Technology /

The AI industry will need about $6tn in annual revenue by 2031 to pay for the data centres being built today. Bain & Company makes the estimate in its Global Technology Report, published on Tuesday. Existing AI products could bring in only $1.2tn to $1.8tn of that. “The debate today is fixated on employee productivity. […]

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ByteDance rents a fifth of China’s data centre capacity, SemiAnalysis says

Artificial Intelligence, Asia, Business, China, Deep tech, Digital Marketing, SEO Tips, Technology /

ByteDance occupies roughly a fifth of China’s delivered data centre capacity, and it rents nearly all of it, according to research firm SemiAnalysis. That makes the TikTok owner the key customer for every wholesale data centre operator in China, the firm said. It published the estimate in a report on Friday. The estimate comes from […]

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AMD agrees to buy Fei-Fei Li’s World Labs for $8.2bn in stock

Artificial Intelligence, Deep tech, Digital Marketing, Merge and Acquisition, robots, SEO Tips, Startups and technology, Technology /

AMD has agreed to buy World Labs, the AI model startup led by Fei-Fei Li, in an all-stock deal valued at about $8.2bn. AMD announced the deal on Monday. Li will join AMD as executive vice president and chief scientist, reporting to CEO Lisa Su. AMD expects the deal to close by the end of […]

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SiMa.ai raises $150m at a $1.45bn valuation for physical AI chips

Artificial Intelligence, Deep tech, Digital Marketing, Investors and funding, robots, SEO Tips, Startups and technology, Technology /

SiMa.ai has raised $150m in a Series C round that values the company at $1.45bn, it announced on Monday. The San Jose startup makes chips and software that let robots, drones and cars run AI on the device itself. Fidelity Management & Research Company and Amplify co-led the round. Alter Venture Partners, Dell Technologies Capital, […]

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Red Queen Bio is using AI to design antibodies for future viruses, WSJ says

Artificial Intelligence, Data and security, Deep tech, Digital Marketing, Investors and funding, SEO Tips, Startups and technology, Technology /

Red Queen Bio, a biosecurity startup backed by OpenAI, has raised $36 million in total to design antibody drugs against viruses, including ones that AI systems could one day help create, The Wall Street Journal reported. The company is starting with antibodies against bird flu and other influenza viruses and plans its first clinical trials […]

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Z.ai and Concordia AI propose six stages for managing open-weight AI risk

Artificial Intelligence, Asia, China, Data and security, Deep tech, Digital Marketing, SEO Tips, Technology /

Chinese AI company Z.ai and Beijing safety consultancy Concordia AI have published a framework for managing the risks of open-weight AI models. Anyone can download, modify and run the trained parameters of such models. The two released the report on Monday, Chong Ming Lee reported for the South China Morning Post. The report “provides the […]

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SpaceX’s Starship reaches orbit for the first time, then returns early

Business, Deep tech, Digital Marketing, SEO Tips, Space, SpaceX, Technology, United States /

SpaceX’s Starship reached orbit for the first time on Monday, on its 14th test flight. The rocket lifted off from Starbase, Texas, at 7:48am local time and entered orbit about 25 minutes later. It then released 26 Starlink V3 satellites. The flight nearly stopped short. One of the six engines on the upper stage shut […]

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Raspberry Pi’s revenue jumps 90% as its memory stockpile pays off

Business, Deep tech, Digital Marketing, Europe, Finance, SEO Tips, Technology, UK /

Raspberry Pi nearly doubled its revenue in the first half of 2026, helped by memory chips it stockpiled before prices soared. Revenue rose 90% to $256.9 million in the six months to 30 June, the company said in its interim results on Thursday. A year earlier it was $135.5 million. Pre-tax profit rose 216% to […]

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China reportedly may let Alibaba and ByteDance buy new Nvidia chips

China, Deep tech, Digital Marketing, Government and policy, nvidia, SEO Tips, Technology /

China’s government has signalled it may let firms such as Alibaba and ByteDance buy Nvidia’s new RTX Pro 5500 chip. The Information reported the news on Sunday, citing two people familiar with the matter. China’s tech ministry recently asked some firms how many of the chips they plan to buy, and what for, according to […]

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