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Exciting news from the tech world! Speedata, a trailblazing startup from Tel Aviv, has successfully raised $44 million in Series B funding to enhance its innovative analytics processing unit (APU), designed to supercharge big data analytics and AI workloads. With this round, their total funding reaches an impressive $114 million, showcasing strong investor confidence, including major players like Walden Catalyst Ventures and Koch Disruptive Technologies. As the competition heats up with giants like Nvidia, Speedata’s advancements could reshape how we approach data processing and artificial intelligence. What do you think this means for the future of AI and big data analytics? #AI #BigData #TechInnovation #Startups #FundingNews
Exciting news from the tech world! Speedata, a trailblazing startup from Tel Aviv, has successfully raised $44 million in Series B funding to enhance its innovative analytics processing unit (APU), designed to supercharge big data analytics and AI workloads. With this round, their total funding reaches an impressive $114 million, showcasing strong investor confidence, including major players like Walden Catalyst Ventures and Koch Disruptive Technologies. As the competition heats up with giants like Nvidia, Speedata’s advancements could reshape how we approach data processing and artificial intelligence. What do you think this means for the future of AI and big data analytics? #AI #BigData #TechInnovation #Startups #FundingNews
TECHCRUNCH.COM
Speedata, a chip startup competing with Nvidia, raises a $44M Series B
Speedata, a Tel Aviv-based startup developing an analytics processing unit (APU) designed to accelerate big data analytic and AI workloads, has raised a $44M Series B funding round, bringing its total capital raised to $114M. The Series B round was l
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