Tag: funding
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Chip designer Velaura AI valued at more than $1 billion after funding round
Aug 18 : Velaura AI was valued at more than $1 billion on Tuesday after raising $110 million in a Series A funding round, with investors backing the startup’s chip design technology for lowering power consumption and operating costs at AI data centers.The funding round was led by Seligman Ventures, with parti
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Pentagon pressure to move AI faster drives Smack’s new funding round, CEO says
WASHINGTON, Aug 17 : Smack Technologies, a defense-technology startup building artificial intelligence decision-making tools for the military, is raising funding to speed production of its flagship product and make wearable AI hardware designed for the battlefield.The $61 million Series B funding round comes
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Under strain, Australia’s world-leading disability support faces major restructure
The NDIS was game-changing for its users – but as costs balloon, its success has led to its downfall.
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AI code review platform CodeRabbit valued at $1.5 billion in latest funding round
Aug 12 : AI code review startup CodeRabbit said on Wednesday it had raised $143 million in a funding round that valued it at $1.5 billion.The round was co-led by Atomico and Smash Capital, with participation from new investors including BMW I Ventures, Datadog, Hirtle Callaghan, among others.The latest
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‘Flawed’ funding system behind silence of smaller nations in FIFA’s civil war, says ex-PNG player
SYDNEY, Aug 11 : Former Papua New Guinea international Alex Davani says some of the smaller football federations have kept quiet during FIFA’s civil war because they fear losing the funding that is vital to their operations. Davani, a former deputy general secretary of Football Australia, believes global soc
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Record funding package announced for Britain’s winter athletes
LONDON, Aug 4 : Britain’s Olympic and Paralympic winter sports athletes will receive a record £33 million funding package in the cycle leading up to Alpes 2030 after enjoying unprecedented success at this year’s Games, funding body UK Sport said on Tuesday.The three gold medals at this year’s Milano-Cortina
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UK’s BBC warns its current funding model is not sustainable
LONDON, July 14 : The BBC warned its current funding model was not sustainable to fund its public broadcasting mission in its annual report on Tuesday, highlighting the gap between the number of users it has and those who pay for its services.The organisation, which was thrown into crisis last year over accus
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Experts fired by Trump resurrect mothballed climate website
Fired US federal workers have revived a defunct climate website — pushing back as the Trump administration escalates cuts to publicly funded science and research.
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Czechia: Thousands march in support of public media funding
Prime Minister Andrej Babis’ government has been accused of seeking to take control over Czech public media. The plan would leave broadcasters with a 15% funding cut and no guarantees of continued future funding.
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US to end Pepfar funding of South Africa’s HIV programmes
The US says South Africa is not doing enough to protect the white-minority Afrikaner community.
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