Reimagining AI data centers, Xscape Photonics announced Tuesday that it closed a $44 million Series A funding round. The investment was led by IAG Capital Partners with participation from Altair, Cisco Investments, Fathom Fund, Kyra… Article Source https://www.americanbazaaronline.com/2024/10/16/silicone-photonics-xscape-startup-44m-investment-23439/
16 Oct 2024 Santa Clara firm co-founded by Columbia engineers targets AI data centers with multi-color photonics platform. Xscape Photonics, a Silicon Valley startup aiming to reduce the enormous power consumption of AI-focused data centers… Article Source https://optics.org/news/15/10/27
Why OpenAI and Oracle’s AI Data Center Plan Hinges on a Little-Known Startup The Information Article Source https://www.theinformation.com/articles/why-openai-and-oracles-ai-data-center-plan-hinges-on-a-little-known-startup
If data is the new oil, a London-based startup is vying to become the equivalent of the New York Mercantile Exchange—a marketplace where AI companies looking for data to train their AI models can strike deals with publishers and other… Article Source https://fortune.com/2024/10/15/human-native-ai-startup-building-marketplace-for-data-hires-veteran-google-execs-top-ip-lawyer/
IBM has announced that it has acquired Prescinto, a leading provider of asset performance management (APM) software-as-a-service (SaaS) for renewables. Founded in 2016, Prescinto is a Bengaluru-based software-as-a-service (SaaS) startup… Article Source https://www.indianweb2.com/2024/10/ibm-acquires-saas-startup-specialized.html
US-based technology company IBM has acquired Prescinto, a Bengaluru-based provider of asset performance management (APM) software-as-a-service (SaaS) for renewables. Prescinto offers… Article Source https://indianstartupnews.com/news/ibm-acquires-bengaluru-based-saas-startup-prescinto-heres-why-7317091
SUMMARY IBM has been actively working on boosting AI adoption in India for some time now The company counts a host of marquee investors and venture capital funds including startup incubator and accelerator Venture Catalysts, Inflection Point… Article Source https://startupnews.fyi/2024/10/15/ibm-buys-prescinto-to-expand-its-renewable-energy-efforts/
It’s rare to have a founding team get an exit, but there’s a founding team in India that’s taken a company public, raised $142 million for a different startup, and now has seen a third startup be acquired by a global tech giant. IBM has… Article Source https://officechai.com/startups/ibm-acquires-saas-software-startup-founded-by-blusmart-co-founder-puneet-jaggi/
Industrial research organization IBM has acquired Prescinto, an asset performance management (APM) software-as-a-service (SaaS) provider for renewables. Prescinto raised $3.5 million in a seed round led by Venture Catalysts in March 2021.
Global technology company IBM has acquired Bengaluru-headquartered software-as-a-service (SaaS) startup Prescinto for an undisclosed amount. Founded in 2016 by Anmol Singh Jaggi, Puneet Jaggi, and Sanjay Bhasin, Prescinto provides asset… Article Source https://yourstory.com/2024/10/ibm-acquires-bengaluru-saas-startup-prescinto-renewable-energy