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Modular secures $100M to build tools to optimize and create AI models

TechCrunch

Bringing Modular’s total raised to $130 million, the proceeds will be put toward product expansion, hardware support and the expansion of Modular’s programming language, Mojo, CEO Chris Lattner says. ” Ambitious much? But none of what roughly-70-employee Modular is proposing is out of the realm of possibility.

Tools 197
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Tandem sketches out a remote-friendly hybrid work future

TechCrunch

In short, the service works with video-ready hardware inside of office spaces like conference rooms and general-use areas, allowing remote staff to connect to different parts of the office, listen in or actively participate. My first journalism job was for a company on a different continent.

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Perplexity Poised To Become Latest AI Startup To Hit Unicorn Status — Report

Crunchbase News

The Wall Street Journal reported that the deal is being finalized and the new valuation. The company offers cloud computing services and hardware for training artificial intelligence software. million Series A led by New Enterprise Associates ( and made our 5 interesting rounds list ). No new funding amount was disclosed.

Report 122
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Weka Becomes A Unicorn With Big $140M Series E

Crunchbase News

The company offers cloud computing services and hardware for training artificial intelligence software. billion round led by Coatue that values the company at $19 billion, per The Wall Street Journal. ” Founded in 2013, Weka has now raised $375 million, according to Crunchbase.

Lambda 107
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Digital addiction detox: Streamline tech to maximize impact, minimize risks

CIO

] Forty-one percent of organizations adopted and used digital platforms for all or most functions in 2024, compared with just 26% in 2023, according to IDC’s May 2024 Future Enterprise Resiliency and Spending Survey, Wave 5.

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Boeing Black Smartphone: Security, modularity and productivity

CTOvision

Despite the continuous innovation in commercial mobile technology, current devices are not designed from inception with the security and flexibility needed to match their evolving mission and enterprise environment. Hardware Root of Trust : Ensures software authenticity. Hardware Crypto Engine : Protects stored and transmitted data.

Journal 107
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The Week’s 10 Biggest Funding Rounds: Uniquity Bio And Vercel Lead Another Huge Week

Crunchbase News

Restaurant365 offers enterprise management software for restaurants, helping them take care of accounting, payroll, supply chain and more. In February, Lambda which offers cloud computing services and hardware for training artificial intelligence software, hit unicorn status after a $320 million Series C at a $1.5 billion valuation.

Biotech 93