Sunday, October 14, 2018

Huawei to invest $145 million in cloud business over 3 years

China's Huawei Technologies Co Ltd, the world's largest telecom-equipment maker, plans to invest 1 billion yuan ($145 million) over the next three year to develop artificial intelligence (AI) capabilities for its cloud business, it said on Friday. https://ift.tt/2yAIA4w

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Docs: Israeli AI chip startup Hailo is pursuing an urgent IPO via a SPAC merger at a valuation of less than $500M; it was last valued at $1.2B in 2024 (Meir Orbach/CTech)

Meir Orbach / CTech : Docs: Israeli AI chip startup Hailo is pursuing an urgent IPO via a SPAC merger at a valuation of less than $500M; ...