Backblaze, Inc., a leading provider of modern cloud storage solutions, has unveiled plans for a follow-on public offering, aiming to raise $30 million by issuing shares of its Class A common stock. The announcement comes with an additional option for underwriters to acquire up to $4.5 million in shares within 30 days. Despite the company’s […]
Quantum-Si Incorporated, known for its cutting-edge advancements in single-molecule protein sequencing, has announced a pivotal collaboration with NVIDIA. This partnership aims to leverage NVIDIA’s accelerated computing and artificial intelligence (AI) to propel the development of Quantum-Si’s next-generation proteomics platform, Proteus. The collaboration seeks to address the increasing data demands associated with proteomics while enabling breakthroughs […]
NVIDIA Corporation has delivered a remarkable performance in its third quarter of fiscal 2025, reporting a 94% year-over-year surge in revenue to $35.1 billion. The company’s earnings were bolstered by unprecedented demand for artificial intelligence (AI) computing platforms, cementing its position as the global leader in AI infrastructure and technology. For the quarter ending October […]
Quantum Computing Inc. has announced a significant milestone, securing its second purchase order for its thin film lithium niobate (TFLN) photonic chip foundry. The order, placed by the University of Texas at Austin, will support groundbreaking research by the university’s RF Acoustic Microsystem Group and is expected to be fulfilled by the first quarter of […]
Bharti Airtel Limited, one of India’s leading telecom giants, has entered a multi-billion, multi-year extension agreement with Nokia to expand its 4G and 5G network infrastructure across the country. This landmark deal underscores the ongoing partnership between the two companies, which spans over two decades, and marks a significant step toward delivering cutting-edge connectivity solutions […]
Tata Elxsi, a global leader in design and technology services, has joined forces with DENSO Robotics Europe and AAtek to inaugurate the ‘Robotics and Automation Innovation Lab’ in Frankfurt. This state-of-the-art facility marks a significant milestone in the advancement of robotics and automation, particularly in sectors like healthcare, pharmaceuticals, and life sciences. The lab is […]
Wipro Limited has announced a strategic collaboration with Lineaje, a US-based software supply chain security company, to bolster enterprise security around open-source components in software applications. The initiative is supported by an investment from Wipro Ventures, the corporate investment arm of Wipro, underscoring the company’s commitment to addressing critical vulnerabilities in modern software development. Wipro […]
KORE Group Holdings, Inc., a key player in the Internet of Things (IoT) sector, has seen its shares rise sharply following the announcement of its third-quarter earnings and the successful completion of a sweeping restructuring initiative. Investors have responded positively to the company’s strategic turnaround efforts, which have positioned it for improved profitability and operational […]
Keysight Technologies Inc., a leader in electronic design and testing solutions, reported its financial results for the fourth quarter and fiscal year ending October 31, 2024. The company demonstrated resilience and exceeded the high end of its guidance, despite persistent headwinds in the market. Keysight President and CEO, Satish Dhanasekaran, attributed the strong performance to […]
Nvidia Corporation is set to release its third-quarter fiscal year 2025 financial results on Wednesday, November 20, 2024. As anticipation builds, analysts and investors are closely monitoring what could be another record-breaking performance for the AI-driven semiconductor giant. With a stellar 2024 behind it, Nvidia’s upcoming results are expected to solidify its standing as a […]