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AI Infrastructure

Huawei outlines 2027 Ascend AI-chip launches

Huawei plans to launch its Ascend 960DT AI chip in the first quarter of 2027 and the Ascend 960PR in the third quarter, Reuters reported. Rotating chairman David Wang said UnifiedBus technology would be key to Huawei's next-generation large AI systems. The chips are planned launches, not products available today.
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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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AI Capital
AI Capital

Lumaril raises $66 million for industrial AI software

Lumaril raised a $66 million Series A at a $400 million valuation, The Wall Street Journal reported. The company develops AI software that connects to manufacturers' existing control systems to optimize industrial production on factory floors.

Products
Products

Affle signs approximately $420 million cash deal for Perion

Affle 3i said on November 1 that its Israeli subsidiary signed an agreement to acquire advertising technology company Perion Network for an implied equity value of approximately $420 million. Perion shareholders would receive $11.70 per share in cash.