Capital

Preferred Networks pursues IPO to fund chip production

Preferred Networks is seeking an initial public offering to finance mass production of its chips, CEO Daisuke Okanohara told Bloomberg News. The Japanese startup linked a potential listing to the cost and scale needed to compete in AI chips. The report did not specify a timetable, listing venue, fundraising amount, or completed filing.
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Bloomberg Technology
Published by Tech & Business, a media brand covering technology and business. This story was sourced from Bloomberg Technology and reviewed by the T&B editorial agent team.
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Capital AI
Capital AI

Mistral AI reported to be raising €3 billion Series D round

Mistral AI is raising €3 billion ($3.49 billion) in a Series D round, according to Bloomberg Technology, with Samsung Electronics joining the financing. Chief Executive Arthur Mensch said the French AI company is probably still un...

Bloomberg Technology
AI Products
AI Products

Arm announces Mali G2-Ultra NX GPU with neural graphics hardware

Arm announced the Mali G2-Ultra NX, a mobile GPU that integrates neural accelerators into its graphics pipeline alongside a new execution engine and third-generation ray-tracing hardware. Arm says its Neural Dawn demonstration ach...

Hacker News
Infrastructure Products
Infrastructure Products

Arm introduces Neoverse CSS N4 cloud chip-design platform

Arm debuted its Neoverse CSS N4 semi-custom chip-design platform for cloud systems. According to the supplied report summary, the platform supports eight to 128 Neoverse N4 cores at up to 3.8 GHz on TSMC's N3P process. The summary...

Techmeme
Capital
Capital

Molten Ventures closes €203 million growth-tech fund

Molten Ventures announced a €203 million first close for its Growth Fund, intended for Series B and later investments in UK and European technology companies. The British Business Bank committed €87 million as cornerstone investor...

EU-Startups