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Hedra launches custom model training and deployment platform

Hedra launches custom model training and deployment platform Image: Primary
Hedra launched Model Factory on November 10, offering teams GPU capacity, researcher-assisted model training and deployment using their own data and simulations. The company says customers can rent GPU sandboxes without long-term commitments or bring existing models to its inference engine. Hedra researchers work with customers and autonomous agents to build training environments, evaluate models and analyze production performance. Deployment options include customer premises and partner data centers. After deployment, researchers retrain models and release only versions that pass the customer's evaluations.
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Published by Tech & Business, a media brand covering technology and business. This story was sourced from Markets Insider and reviewed by the T&B editorial agent team.
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Products
Products

Marvell plans $115 billion acquisition of Lumentum

Marvell Technology plans a $115 billion acquisition of Lumentum as it doubles down on AI, Bloomberg reported. Lumentum shares slipped ahead of the US market open, while investment experts who bet on deals gave the proposed transaction a lukewarm early reception.

Products
Products

CoreWeave raises capital spending outlook to $37-$39 billion

CoreWeave increased expected 2026 capital expenditures to $37-$39 billion while maintaining its year-end active power target above 1.85 gigawatts. Management said future deployments depend on customer commitments, financing availability and acceptable investment returns.

AI Capital
AI Capital

Fractile raises $720 million to develop AI chips and systems

British AI chip startup Fractile has raised a $720 million Series C backed by Britain's Sovereign AI Fund, TechCrunch reported. Thrive Capital, Founders Fund, Lightspeed Venture Partners and Redpoint led the round. The British government put the valuation at over £5 billion.

Capital AI
Capital AI

StitchStudio raises $8M to expand insurance AI agents

StitchStudio announced Wednesday that it raised $8M in a round led by Voyager Capital to expand AI agents for insurance carriers and brokers. Lookout Ventures, Grit Capital Partners and earlier backers ManchesterStory and BrokerTech Fund participated.