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AI chip startup Axelera lands $27M in capital to commercialize its hardware

TechCrunch

Several years ago, Fabrizio Del Maffeo and a core team from Imec, a Belgium-based nanotechnology lab, teamed up with Evangelos Eleftheriou and a group of researchers at IBM Zurich Lab to develop a computer chip. “One of the main challenges we’re facing is the availability and accessibility of AI to different groups and industries.

Hardware 240
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Humane, a stealthy hardware and software startup co-founded by an ex-Apple designer and engineer, raises $100M

TechCrunch

Tiger Global Management is leading the round, with SoftBank Group, BOND, Forerunner Ventures and Qualcomm Ventures also participating. 5 consumer hardware VCs share their 2021 investment strategies. This is a Series B, and it’s coming from some very high-profile backers. One sign of where all that funding will be going.)

Hardware 262
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Prelaunch assembles a pre-seed round to help hardware founders pre-build the right pre-products

TechCrunch

Hardware startups are hard, the saying goes, but it isn’t always obvious why they are hard. ” How the FirstBuild product co-creation studio is changing how new things are made Prelaunch is founded on the core belief that the current practices in hardware product development basically haven’t changed in the last 100 years.

Hardware 248
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Spinning out from the cryptocurrency hardware developer Bitfury, LiquidStack pitches a data center cooling tech

TechCrunch

Enter LiquidStack , a company that’s spinning out from the cryptocurrency hardware technology developer Bitfury Group with a $10 million investment. It’s one of the major criticisms of cryptocurrency operations and something that many in the industry are trying to address.

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China banks on open source in AI cold war with US

CIO

Chinas largest tech giants such as Baidu and Tencent have been working on their own large language models (LLMs) for some time now, andthe unexpected debutof DeepSeek , despite numerous hardware sanctions, surprised even the most powerful AI companies from the West. [ China may be the country that proves that it doesnt always pay to be first.

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How Apoidea Group enhances visual information extraction from banking documents with multimodal models using LLaMA-Factory on Amazon SageMaker HyperPod

AWS Machine Learning - AI

This post is co-written with Ken Tsui, Edward Tsoi and Mickey Yip from Apoidea Group. This is where Apoidea Group , a leading AI-focused FinTech independent software vendor (ISV) based in Hong Kong, has made a significant impact. Edward Tsoi Po Wa is a Senior Data Scientist at Apoidea Group.

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Mastering technology modernization: 6 steps for building your road map

CIO

For example, a legacy, expensive, and difficult-to-support system runs on proprietary hardware that runs a proprietary operating system, database, and application. However, it is possible to run the database and application on an open source operating system and commodity hardware.