3M (NYSE: MMM) has made a strategic investment in Ohmium International, a company specializing in electrolyzer systems for green hydrogen production. This investment underscores 3M's commitment to fostering emerging climate technologies and supporting the transition to a low-carbon economy. The collaboration aims to explore further decarbonization of 3M's operations and enhance … [Read more...] about 3M Invests in Ohmium International to Advance Green Hydrogen Production
Exa Raises $22MM to Build the Search Engine for AI
Funding led by Lightspeed Venture Partners will allow Exa to scale their first search product and become the data layer for AI applications. SAN FRANCISCO, July 16, 2024 - Exa, an AI research lab redesigning search for the AI age, announced $22M in seed and Series A funding led by Lightspeed Venture Partners, with participation from NVentures, NVIDIA's venture capital arm, … [Read more...] about Exa Raises $22MM to Build the Search Engine for AI
Infinitum Secures $35 Million Series E Extension Amid Rapid Growth
Funding to accelerate company growth and drive decarbonization with sustainable, high-efficiency motor systems AUSTIN, Texas, July 16, 2024 - Infinitum, creator of the sustainable air-core motor, today announced it has extended its Series E with $35 million in funding from Marunouchi Innovation Partners and Rice Investment Group. The additional funding brings the company’s … [Read more...] about Infinitum Secures $35 Million Series E Extension Amid Rapid Growth
Announcing AWS App Studio, the Fastest and Easiest Way to Build Applications
New generative AI-powered service empowers a new set of builders to create applications in minutes NEW YORK, July 10, 2024 - At AWS Summit New York, Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. company (NASDAQ: AMZN), announced AWS App Studio, a generative artificial intelligence (AI)-powered service that uses natural language to create enterprise-grade applications. … [Read more...] about Announcing AWS App Studio, the Fastest and Easiest Way to Build Applications
JEDEC Approaches Finalization of HBM4 Standard, Eyes Future Innovations
ARLINGTON, Va., July 10, 2024 - JEDEC Solid State Technology Association, the global leader in the development of standards for the microelectronics industry, today announced it is nearing completion of the next version of its highly anticipated High Bandwidth Memory (HBM) DRAM standard: HBM4. Designed as an evolutionary step beyond the currently published HBM3 standard, HBM4 … [Read more...] about JEDEC Approaches Finalization of HBM4 Standard, Eyes Future Innovations
Captions Raises $60 Million in Series C Funding, Aims to Revolutionize Video Creation
Captions, the leading generative video creation and editing platform, has announced a successful Series C funding round, raising $60 million led by Index Ventures. This latest round brings the company's total capital raised to $100 million, boosting its valuation to $500 million. The funding saw participation from returning investors Kleiner Perkins, Andreessen Horowitz, and … [Read more...] about Captions Raises $60 Million in Series C Funding, Aims to Revolutionize Video Creation
Skild AI Secures $300M Series A Funding to Revolutionize Robotics
Skild AI, a pioneering AI robotics company, announced today that it has closed a significant $300 million Series A funding round. Leading the round were Lightspeed Venture Partners, Coatue, SoftBank Group, and Jeff Bezos through Bezos Expeditions. The round also saw participation from prominent investors including Felicis Ventures, Sequoia, Menlo Ventures, General Catalyst, … [Read more...] about Skild AI Secures $300M Series A Funding to Revolutionize Robotics
Advancements and Challenges in Developing a Vaccine Against Naegleria fowleri
Naegleria fowleri, often referred to as the "brain-eating amoeba," is a single-celled organism found in warm freshwater environments such as lakes, rivers, and hot springs. While infections are rare, they are almost always fatal, causing a disease called primary amebic meningoencephalitis (PAM). The infection typically occurs when contaminated water enters the body through the … [Read more...] about Advancements and Challenges in Developing a Vaccine Against Naegleria fowleri
J2 Ventures Secures $150 Million for Argonne Fund to Boost Deep Tech Investments
J2 Ventures, a deep tech venture capital fund that focuses on technologies crucial for both the private sector and the national security interests of the U.S. and its allies, has successfully raised $150 million for its new Argonne Fund. This fund, which was oversubscribed and is majority veteran-owned and led, has garnered support from some of the largest financial … [Read more...] about J2 Ventures Secures $150 Million for Argonne Fund to Boost Deep Tech Investments
Samsung continues to push the boundaries of mobile photographywith new ISOCELL image sensors for mobile photography
Samsung Electronics Co., Ltd., a world leader in advanced semiconductor technology, today announced three new mobile image sensors designed for both main and sub cameras in smartphones: the ISOCELL HP9, the ISOCELL GNJ, and the ISOCELL JN5. These innovations come as user expectations for smartphone camera quality and performance continue to rise, delivering stunning results … [Read more...] about Samsung continues to push the boundaries of mobile photographywith new ISOCELL image sensors for mobile photography