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  • UK Heterogeneous Compute Startup Callosum Raises 00M Seed Backed by Atomico and Sovereign AI Fund

    London-based AI infrastructure startup Callosum has raised $100 million in seed financing to develop systems software that orchestrates machine learning workloads across heterogeneous processor environments. The funding round was led by European venture capital firm Atomico, with participation from Plural and DCVC, alongside a major investment from the UK government's £500 million ($677 million) Sovereign AI Fund. Callosum did not disclose its post-money valuation. Breaking Homogeneous Comput

    1 min

  • DDR5 Memory Prices Climb 500% in 12 Months as AI Hyperscalers Corner Global DRAM Capacity

    Spot and contract prices for standard DDR5 dynamic random-access memory (DRAM) have climbed by up to 500 percent over the past 12 months, driven by hyper-scaler procurement teams reserving global semiconductor fabrication lines for enterprise AI accelerator memory. Historical retail and channel tracking data compiled by PCPartPicker and reported by Tom's Hardware highlights severe price spikes across high-density modules. A 128GB DDR5-6400 kit that carried an all-time low of $329 now retails fo

    1 min

  • Velaura AI Raises 10M Series A at B Valuation for Low-Power AI Silicon

    Velaura AI Raises $110M Series A at $1B Valuation for Low-Power AI Silicon Velaura AI has closed a $110 million Series A funding round at a valuation exceeding $1 billion. The financing was led by Seligman Ventures, with participation from Capricorn Investment Group alongside existing backers including Samsung Catalyst Fund, StepStone Group, Maverick Silicon, Celesta Capital, and Mayfield. The capital will fund the commercialization and deployment of Velaura's silicon IP and physical design te

    1 min