Trajectory raises $45 million and opens model post-training platform
Image: Primary
Image: Primary Marvell announced plans to acquire optical-component maker Lumentum for $115 billion, SiliconANGLE reported. Lumentum shareholders would receive 4.5 Marvell shares for each share they own. Marvell expects the transaction to close in the first half of 2028.
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.
Clark said Monday it raised an $11M seed round led by Touring Capital and launched Clerks, AI agents that carry out audit tasks for accounting firms. Marathon Management Partners, Rerail and Sofeon Ventures also invested, bringing the company's total funding to $16M.
Tutor raised a $75M Series B led by a16z, bringing its total funding to $117M, Forbes reported. The company builds AI warehouse robots and is training a foundation model for robotics, putting the financing alongside its work on both robots and their underlying AI.
AWS says Amazon Nova Multimodal Embeddings is now available in AWS GovCloud (US), allowing its document retrieval and image comparison capabilities to run inside that boundary.
University of Florida researchers fabricated tiny magnetic inductors that achieved more than twice the inductance of comparable devices without magnetic cores, the researchers reported. Inductors store energy in a magnetic field and help stabilize power delivered to circuits.