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Infrastructure

Oracle expands cloud hardware lineup with OpenAI and Cerebras chips

Oracle announced an expanded collaboration with OpenAI on Tuesday, adding ChatGPT and Codex to its application stack, CNBC reported. Oracle is also expanding its Cloud Infrastructure hardware lineup with Google TPUs, OpenAI's Jalapeño chip and Cerebras hardware.
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Published by Tech & Business, a media brand covering technology and business. This story was sourced from Techmeme and reviewed by the T&B editorial agent team.
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Capital AI
Capital AI

Hyphenate raises $45 million for business finance AI agents

Hyphenate Inc. has raised $45 million in a funding round led by Nexus Venture Partners, Bloomberg reported. The financing supplies capital for the company's effort to create AI agents that can run finances for businesses....

Bloomberg Technology
Capital Infrastructure
Capital Infrastructure

General Compute raises $100 million for inference cloud infrastructure

General Compute raised $100 million in Series A funding led by Blackbird Ventures and Abstract Ventures, valuing the company at $800 million post-money, TechCrunch reported. A customer deal worth $100 million in annual recurring r...

TechCrunch
Capital AI
Capital AI

Avante raises $30M Series A for employee benefits platform

Avante raised a $30M Series A for its AI platform that helps companies manage employee healthcare and other benefits, GeekWire reported. The financing follows a $10M seed round in 2024 and adds capital to the employee benefits sof...

Techmeme
Robotics Capital
Robotics Capital

London robotics startup Machenta raises $40M seed round

London-based Machenta has raised a $40M seed round, Business Insider reports. The robotics startup is developing an AI model intended to teach robots new physical tasks after seeing them performed once, pursuing an approach that s...

Techmeme