Close-up of a computer chip labeled 'AI', surrounded by intricate circuit pathways and glowing elements.

Empower Semiconductor Raises $140M for AI Power Delivery

Empower Semiconductor announced it has closed more than $140 million in Series D financing. The round was led by Fidelity Management & Research Company with participation from Maverick Silicon, CapitalG, Atreides Management, Socratic Partners, Walden Catalyst Ventures, Knollwood, and a wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA). Barclays Capital served as exclusive […]

Continue Reading
Microchip Technology Acquires Neuronix AI Labs

Microchip Technology Acquires Neuronix AI Labs

Microchip Technology (Nasdaq: MCHP) has recently announced its acquisition of Neuronix AI Labs to enhance its power-efficient, AI-enabled edge solutions deployed on field-programmable gate arrays (FPGAs). Neuronix AI Labs specializes in neural networ k sparsity optimization, a technology that reduces power consumption, size, and computational requirements for tasks like image classification, object detection, and semantic […]

Continue Reading