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Kazan Networks closes $4.5M Series A funding round

Auburn, California-based storage networking company Kazan Networks has closed a $4.5 million Series A funding round led by Samsung Ventures, with participation from Intel Capital and Western Digital.

“Kazan Networks is developing products that are enabling the overall NVMe over Fabrics ecosystem, and we are happy to participate in their Series A round,” said Jay Chong, vice president at Samsung Ventures.

[Image courtesy: Kazan Networks]

 

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Raspberry Pi is now a public company — TC

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AlphaSense raises $650M

AlphaSense, a market intelligence and search platform, has raised $650 million in funding, co-led by Viking Global Investors and BDT & MSD Partners.

Elon Musk’s xAI raises $6B to take on OpenAI — VentureBeat

Confirming reports from April, the series B investment comes from the participation of multiple known venture capital firms and investors, including Valor Equity Partners, Vy Capital, Andreessen Horowitz (A16z), Sequoia Capital, Fidelity Management & Research Company, Prince Alwaleed Bin Talal and Kingdom Holding, writes Shubham Sharma. 

Capgemini partners with DARPA to explore quantum computing for carbon capture

Capgemini Government Solutions has launched a new initiative with the Defense Advanced Research Projects Agency (DARPA) to investigate quantum computing's potential in carbon capture.