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WHTop → 📋 News → NXP Acquires Kinara for $307M to Boost Edge AI Processing
Feb, 2025 : NXP Acquires Kinara for $307M to Boost Edge AI Processing
📅 - NXP Semiconductors (NASDAQ: NXPI) has announced the acquisition of Kinara, a leader in high-performance, energy-efficient, and programmable discrete neural processing units (NPUs). This $307 million all-cash deal, expected to close in the first half of 2025 pending regulatory approvals, would strengthen NXPs position in edge AI processing by integrating Kinaras advanced AI capabilities into its portfolio.
The increasing demand for secured, cost-effective, and energy-efficient AI solutions is driving rapid growth in the edge AI processing market. Advanced edge AI enables localized decision-making, reducing reliance on cloud computing, enhancing data privacy, and lowering operational [...][... Check source for end of article ...]
📅 - Nirmata Secures $9.6M for AI-Driven Cloud Policy Solutions - Nirmata, a provider of cloud-native security policy automation and governance solutions, has announced a $9.6 million funding round. With this funding, Nirmata aims to accelerate product development, expand its global market reach, and solidify its role as a leader in security automation, governance, and compliance from code to the cloud.
The funding round was led by Peak XV Surge, formerly known as Sequoia Capital India & SEA. The investment also includes participation from Dallas Venture Capital, Dreamit Ventures, Z5 Capital, and Uncorrelated Ventures.
The increasing adoption of Kubernetes and container technologies has fueled the need for robust security solutions. As cloud-native [...]
📅 - France and UAE Plan $50 Billion AI Data Center - France and the United Arab Emirates (UAE) have entered into a landmark agreement for a major artificial intelligence (AI) data center investment, marking a significant financial commitment between the two nations. The French presidency announced that the UAE will contribute to building a 1-gigawatt AI-focused data center in France, with investments estimated between $30 billion and $50 billion.
The deal was formalized as part of broader efforts to strengthen Frances AI infrastructure and attract foreign capital into its technology sector.
The agreement was signed during a high-profile meeting between French President Emmanuel Macron and UAE President Sheikh Mohamed bin Zayed Al Nahyan, [...]
📅 - Aligned Data Centers Expands Leadership Team - Aligned Data Centers has announced four key executive appointments, marking a significant leadership expansion at Aligned aimed at driving growth and innovation in the data center industry.
Michael Morris has been promoted to Chief Development Officer (CDO) from his previous role as Executive Vice President of Design and Construction. In his new capacity, Morris will oversee Aligned's strategic development initiatives with a focus on expanding the company's data center footprint to meet the growing demand for scalable and flexible infrastructure. With nearly 15 years of experience in high-impact data center development and construction projects, Morris has played a pivotal role in [...]
📅 - Iliad Group Invests 3B in AI Infrastructure, Cloud, and Research - The Iliad Group has committed 3 billion to advancing artificial intelligence across Europe, reinforcing its ambition to lead the sector. The investment spans AI research, application layers, and dedicated infrastructure, including data centers and processing capabilities.
A major portion of the funding, 2.5 billion, is directed towards OpCore, the entity managing the Iliad Group s 13 data centers. The goal is to establish a dominant position in hyperscale data centers that cater to AI computational needs. To achieve this, the Group has partnered with InfraVia, a European private equity firm, enabling OpCore to scale its capacity to several hundred megawatts, with long-term plans extending [...]
📅 - Eurofiber Acquires Arcadiz to Expand Its Connectivity in Europe - Netherlands-based connectivity provider Eurofiber has acquired of connectivity solutions provider Arcadiz from Belgium, further reinforcing its strategic growth objectives and expanding its open access digital infrastructure. This acquisition would strengthen Eurofibers ability to deliver scalable and reliable network solutions tailored to the increasingly sophisticated needs of its clients across multiple sectors.
Founded in 1999, Arcadiz has established itself as a key player in network design, construction, maintenance, and operation, serving major commercial and non-profit organizations, including utilities, government agencies, and large enterprises throughout the Benelux [...]
📅 - Salience Labs Secures $30M to Advance AI Photonic Connectivity - Salience Labs, a company specializing in photonic solutions for AI data center connectivity, has secured $30 million in Series A funding. This funding will support the continued development of optical switches designed to enhance large-scale AI connectivity by providing high bandwidth, low latency, and significant energy efficiency.
The investment round was led by Applied Ventures, the venture capital arm of Applied Materials and ICM HPQC Fund, with participation from Braavos, Oxford Sciences Enterprises, Cambridge Innovation Capital, and industry leaders such as Silicon Catalyst and Jalal Bagherli.
The demand for photonic switching technology is growing as AI data centers require [...]
