More than 10 million developers are now building on Cloudflare, the company said on Tuesday. That is up from 7.4 million a quarter earlier, a rise of about 35% in three months. Cloudflare announced the figure in a press release and tied the growth to A…
French enterprise software startup Pigment has raised $250m at a $2.3bn valuation, it said today, in a funding round led by the EU’s new €5bn ($5.6bn) investment fund aimed at scaling up future Europe…
Italian AI startup Rulen (formerly LexSA) has raised€1.8 million in its first funding round to further develop its AI-poweredplatform for the tax and accounting sector and support its commercialexpans…
YGO, a company developing anAI-powered platform connecting travel companies with airlines, hotels and touroperators, has raised €8 million in a Series A funding round led by Ventech,with participation…
Norwegian AI startup Jenz has raised€540,000 in pre-seed funding from Antler and Ada Ventures. The company has alsoreceived a NOK 1 million (€92,000) startup grant from Innovation Norway.Founded by Re…
Supermicro expects to report revenue of $18.5bn to $19.5bn for the three months to September, against the $14.5bn to $15.5bn it had guided. The AI server maker put the gap down to “increased demand for AI platforms”. The company published the prelimina…
Shares in Elice, a South Korean AI data centre company, fell 32% on their first day of trading in Seoul on Tuesday. It was the worst debut on record for a Korean IPO of $100m or more, according to data compiled by Bloomberg, as Yoolim Lee and Youkyung …
Thore Graepel, who helped build Google DeepMind’s AlphaGo, has launched Metis Reasoning in London. The company’s founding claim is that large language models cannot be trusted to reason. Its founders want to apply the lessons of AlphaGo to general reas…
Meta’s Prometheus supercluster in New Albany, Ohio, already runs hundreds of thousands of Nvidia GPUs across several buildings, and Meta plans to grow it to about 1 million. The company set out the details in an engineering blog post on Monday. The fir…
Arda Industries, founded by OpenAI’s former research chief Bob McGrew, has come out of stealth with $232 million in funding, the company announced on Tuesday. Its AI software turns new product designs into working assembly lines. The total includes a $…