Megaspeed executive faces reported China espionage investigation
Image: DCD
Image: DCD Marvell Technology has reached a deal to buy data center optics maker Lumentum Holdings at an enterprise value of $115 billion, Bloomberg reported.
Saudi Aramco acquired a 49% stake in HUMAIN in exchange for AI assets and $2.6 billion, Yahoo Finance reported. The Public Investment Fund owns the remainder of the Saudi government's AI company.
Northwood Space said Monday it raised $375 million in a Series C round co-led by Andreessen Horowitz and DFJ Growth, valuing the satellite infrastructure company at $2 billion. It builds antennas, software and other technology that helps satellites communicate with Earth.
Israeli startup 42AI emerged from stealth with $62.5 million in seed funding accumulated over three years from its founders and Infinity Group, TechCrunch reported.
Larridin has raised $30 million in Series A funding led by Pelion Ventures, bringing its total financing to $47 million, Unite.AI reported. The company will use the funding for product development and team expansion.
10x Genomics launched Sentira Single Cell, a cloud application that uses Anthropic's Claude models to analyze data from its Chromium platform.