AI & RoboticsNews

AI chip maker SambaNova raises $1B at $11B valuation, 5 months after last mega round

AI chip company SambaNova Systems has raised $1 billion at an $11 billion valuation led by General Atlantic, in a first close of its Series F round, with more investors expected to join soon. “In the next few weeks, a few more investors will be coming in, and the second close is likely to finish up,” Rodrigo Liang, CEO and co-founder of SambaNova, told TechCrunch. The latest round…
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Cleantech & EV'sNews

Rivian (RIVN) launches 75M-share sale to raise ~$1.5B for R2 push

Rivian has commenced an underwritten public offering of 75 million shares of common stock, a raise worth roughly $1.5 billion based on the stock’s recent price. The capital raise lands just days after Rivian’s stock rallied on stronger-than-expected Q2 delivery results and a raised full-year outlook. A ~$1.5 billion raise, timed to the rally Rivian (Nasdaq: RIVN) announced the offering on…
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DefenseNews

China shows snazzy clip of DF-17 missile on state TV in show of force

NEW TAIPEI CITY, Taiwan — China’s Dong Feng-17 ballistic missile has probably existed for more than a decade, quietly adding to the People’s Liberation Army arsenal of ever more modern weaponry. Suddenly in June it was showcased for the first time in official Chinese media, as analysts tell it, and described as one of China’s top military assets as English-language subtitles extolled its…
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GamingNews

Orbitals Is Like an Anime-Styled It Takes Two, and So Far We Love It | IGN Preview

I’ve loved anime since the Toonami and early Adult Swim days, so certain aesthetics will always elicit a melancholy nostalgia that reminds me of late nights and VCRs. This feeling overcame me when I played the ‘80s and ‘90s anime-inspired Orbitals for the first time, which perfectly emulated old animation styles reminiscent of Dragon Ball and Ranma ½. I may have been at a disadvantage…
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