Wednesday, July 17, 2024

Tekion Corp raises $200 million in funding at valuation of over $4 billion

Tekion Corp raised $200 million from Dragoneer at a $4 billion valuation. The firm has raised $640 million till date from the likes of General Motors, BMW I Ventures, Exor, Hyundai and Airbus Ventures, among others.

from Tech-Economic Times https://ift.tt/TIcRY1H

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Elon Musk's Tesla, SpaceX launch Terafab chips project; here's all you need to know

The project envisages setting up space-based AI computing, enabled by solar-powered satellites that could host data centres in orbit. From 1...