Browsing: funding

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Venture funding in 2024 edged above 2023’s totals, with artificial intelligence leading the charge. The fourth quarter saw a significant boost, fueled by billion-dollar rounds and major investments in AI companies.

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Ayar Labs, a leading provider of optical interconnect solutions, has raised $155 million in Series D funding, bringing its valuation to over $1 billion. The investment underscores the growing demand for innovative solutions to address the computational and power demands of artificial intelligence.