In a stunning turn of events, Nvidia Corporation has eclipsed Apple Inc. to become the world’s most valuable company by market capitalization. As of November 6, 2024, Nvidia’s market cap surged to approximately $3.431 trillion, surpassing Apple’s $3.377 trillion. This remarkable ascent underscores Nvidia’s dominance in the burgeoning artificial intelligence (AI) sector. Nvidia’s meteoric rise […]
GCT Semiconductor Holding Inc. (NYSE: GCTS), a leading designer and supplier of advanced 4G and 5G semiconductor solutions, has announced a groundbreaking Memorandum of Understanding (MOU) with Samsung Electronics Co., Ltd. This strategic alliance is poised to accelerate the development and adoption of 4G and 5G chipsets and modules, marking a significant milestone in the […]
Lightview Capital, a notable lower middle market private equity firm, has successfully executed the sale of Array, a prominent content engagement partner for life sciences events, to WCG, a global leader in clinical research solutions. This transaction not only signifies a pivotal development in the clinical research sector but also underscores a strategic alignment between […]
Aurzen, a leader in entertainment technology, is transforming the way we experience media with its latest offering, the EAZZE D1 smart projector. Priced at an unprecedented $100 for a limited time, this device is the first of its kind to come pre-loaded with Netflix, making high-quality streaming accessible to more consumers. The EAZZE D1 stands […]
Spectris plc (SXS: LSE), a leader in precision measurement, has announced a definitive agreement to acquire SciAps Incorporated, a specialist in handheld instruments, for a total consideration of up to $260 million (£205 million). This acquisition, comprised of an upfront payment of $200 million (£157 million) and a deferred payment of up to $60 million […]
KarmaCheck, a leader in technology-driven background checks, credentialing, and compliance solutions, has successfully raised $45 million in a Series B funding round. The round was led by Parameter Ventures and saw participation from PruVen Capital, Velvet Sea Ventures, GC1 Ventures, and NextView Ventures. This significant investment will enable KarmaCheck to accelerate the development of its […]
Microsoft and Proximus Group have entered into a five-year strategic partnership aimed at accelerating their innovative offerings for both business and residential customers, strengthening their digital leadership in Belgium and globally. This collaboration is poised to reinforce the positions of both companies through enhanced product offerings and technology applications. The partnership will focus on three […]
Wipro 3D and Nikon SLM Solutions have entered into a strategic partnership, poised to transform the Additive Manufacturing sector in India. The alliance integrates Wipro 3D’s robust infrastructure and profound technical expertise with Nikon SLM Solutions’ cutting-edge selective laser melting technology. Together, they aim to enhance the quality of Additive Manufacturing services and streamline manufacturing […]
In a strategic move to bolster its technological capabilities, Maruti Suzuki India Limited has announced a significant investment of over INR 1.99 crore in Amlgo Labs Private Limited, a dynamic startup specializing in data analytics, cloud engineering, machine learning (ML), and artificial intelligence (AI). This investment secures Maruti Suzuki a 6.44% equity stake in Amlgo […]
Coast, a company that has redefined the way businesses in the United States manage fuel and fleet expenditures, has announced a significant $92 million infusion in new funding. This round includes $25 million in equity capital spearheaded by existing investors such as BoxGroup, Avid Ventures, Accel, Insight Partners, and Better Tomorrow Ventures, alongside newcomer Vesey […]