Lumotive Secures $45M to Scale Programmable Optical Semiconductors
📅 - Lumotive, a developer of programmable optical semiconductor solutions, has secured $45 million in Series B funding to accelerate the commercialization of its Light Control Meta surface (LCM) technology. The investment would help drive advancements in optical semiconductor technology, positioning Lumotive to expand its footprint in several high-growth industries.
LCM technology, which enables precise light control at the chip level, has already demonstrated success in automotive and industrial applications. With this latest funding, the company is set to scale its technology for broader use cases, particularly in AI-driven data centers, aerospace, and defense sectors.
The oversubscribed [...][... Check source for end of article ...]
📅 - Alibaba Cloud Launches in Mexico, Driving Latin America's Digital Growth - Alibaba Cloud has expanded its global infrastructure footprint with the launch of its first cloud region in Mexico, a move aimed at accelerating digital transformation and fostering innovation across Latin America. The newly established cloud region is designed to provide secured, high-performance, and scalable cloud services to enterprises, startups, developers, and organizations throughout the region.
By establishing this cloud region in Mexico, Alibaba Cloud would help drive economic growth and support local businesses while enhancing the countrys role as a key technology hub in Latin America.
With this expansion, Alibaba Cloud strengthens its global presence, now operating 87 [...]
📅 - Nokia to Finalize $2.3 Billion Infinera Acquisition - Nokia is set to finalize its $2.3 billion acquisition of Infinera by the end of February, marking a significant step in its expansion within the optical networking sector. The deal, which aligns with Nokias broader strategy, aims to enhance its technological capabilities and strengthen its position in the fast-evolving telecommunications industry.
By integrating Infinera, a company known for its advanced optical solutions, Nokia expects to gain a competitive edge in the high-speed networking space. The acquisition would enable the combined entity to accelerate the development of next-generation optical products, offering improved performance and scalability to customers worldwide.
The [...]
📅 - Halcyon, Anti-Ransomware Platform, Helps Pax8 Partners Fight Ransomware - "Halcyon is designed to seamlessly integrate with other Pax8 Marketplace vendors, addressing the critical security gap posed by ransomware," said Chris Catanzaro, Halcyon's VP of Global MSSP and Channels. "Our strategic partnership with Pax8 will provide operational resilience to partners and their customers, ensuring swift recovery in the face of a ransomware attack."
The Halcyon Anti-Ransomware Platform provides exceptional protection, shielding enterprises against ransomware assaults that often bypass conventional security solutions. It is the only platform dedicated to combating ransomware from attack start to extortion.
The key characteristics include: Key Material Capture: [...]
📅 - Aligned Expands with New High Density Data Center in Mansfield, TX - Aligned Data Centers is expanding into the Dallas-Fort Worth metro area with a new data center campus in Mansfield, Texas. The facility, known as DFW-03, will be developed on a 27-acre site with an on-site substation, strategically positioned to meet the increasing demand for AI, cloud, and enterprise applications.
Initial capacity is expected to be available by Q4 2025, providing businesses with rapid access to critical digital infrastructure.
The expansion would align with the companys broader strategy to scale operations in key markets, offering high-performance infrastructure tailored for AI and cloud workloads. With a decade of innovation in cooling technologies and a projected [...]
📅 - Lambda Secures $480M to Expand AI Cloud and Developer Platform - AI infrastructure provider Lambda has secured a substantial $480 million in Series D funding, bringing its total equity capital raised to $863 million. The investment would help speed up the development of the Lambda Cloud platform, the Lambda Model Inference API, and the Lambda Chat AI assistant.
Lambda is spending billions of dollars to create the software platform and infrastructure that will fuel AI, said Lamda CEO and co-founder Stephen Balaban.The funding round was co-led by Andra Capital and SGW, with participation from notable new investors such as former OpenAI researcher Andrej Karpathy, ARK Invest, Fincadia Advisors, G Squared, In-Q-Tel (IQT), and KHK & Partners. Industry giant [...]
📅 - Hyperlume Raises $12.5M to Advance AI Data Center Interconnects - We continue to push the boundaries of optical communication and deliver transformative solutions for the AI and semiconductor industries," said Mohsen Asad, the co-founder and CEO of Hyperlume.Hyperlume, a Canadian firm, has raised a US $12,500,000 seed round to market its high bandwidth, low latency, and low power interconnects forAI data centersand high-performance computing systems. Hyperlume's innovative technology for AI data centers employs specialized, ultra-fast microLEDs and ultra-low power circuitry to provide considerable performance, cost, and energy-efficiency benefits over typical copper interconnects.
The oversubscribed round was headed by BDC's Deep Tech Venture Fund and [...]