Snowflake teams up with Mistral AI to integrate language models via Snowflake Cortex
Snowflake, a player in the data cloud space, and Mistral AI, a provider of AI solutions in Europe, have announced…
Funding
Tracking investments in the companies in the edge services ecosystem, along with trends and related developments. Includes funding from angel and seed rounds to debt instruments, stock offerings, and related financial news.
Synadia secures $25 million funding for AI-powered multi-cloud and edge computing demands
Open source cloud and edge-native messaging system Synadia Communications has closed a $25 million Series B financing round to accelerate…
Skylo Technologies secures $37 million in funding round led by tech industry heavyweights
Skylo Technologies, a satellite connectivity service provider, secures $37 million in funding co-led by Intel Capital and Innovation Endeavors. Among…
Couchbase secures a $25 million loan with MUFG Bank
Couchbase recently announced its entry into a material definitive agreement. Specifically, Couchbase, Inc. has secured a senior secured revolving loan…
Semron’s mobile AI chips attract $7.9 million in seed funding
Dresden-based company Semron has successfully raised $7.9 million in seed funding for its AI chips featuring 3D packaging designed for…
Zededa closes $72M Series C round to expand edge market reach
Edge management and orchestration provider Zededa has raised $72 million in growth capital. The Series C round was led by…
AI car safety research project gets a $100K boost from the Department of Transportation
A project led by Professor Guohui Zhang from the Department of Civil, Environmental and Construction Engineering at the University of…
OctaiPipe to boost edge AI delivery with £3.5 million funding
End-to-end edge AI platform OctaiPipe has raised £3 million (roughly $3.8 million) in pre-Series A funding and a £500,000 (around…
Helin secures €3 million in seed funding to evolve maritime and energy sectors at the edge
Edge intelligence platform Helin has announced the closure of a €3 million (roughly $3.3 million) seed funding round led by…
EU invests in edge and cloud computing with a 1.2 billion euro infusion
The European Commission has approved up to €1.2 billion (roughly $1.3 billion) in aid for a cloud and edge computing…
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