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Articles

  • Marvell Issues Google 2.2B Stock Warrant in Custom AI Silicon Deal

    Marvell Technology has granted Alphabet's Google a warrant to purchase up to 58.9 million shares of common stock at an exercise price of $206.58 per share, establishing an equity arrangement valued at up to $12.18 billion. The agreement expands the companies' partnership to co-develop custom artificial intelligence silicon, specialized networking, and next-generation datacenter infrastructure. Following the announcement, Marvell shares rose more than 11% in premarket trading, while primary cust

    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