Million

Narrowband-Internet of Things (NB-IoT) Market to grow by USD 1,841.04 million from 2022 to 2027|Market driven by the increasing adoption of smart city initiatives and connected devices – Technavio

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Narrowband-Internet of Things (NB-IoT) Market to grow by USD 1,841.04 million from 2022 to 2027|Market driven by the increasing adoption of smart city initiatives and connected devices - Technavio

  NEW YORK, July 31, 2023 /PRNewswire/ — The narrowband-internet of things (NB-IoT) market is set to grow by USD 1,841.04 million from 2022 to 2027. However, the growth momentum will progress at a CAGR of 31.01% during the forecast period, according to Technavio. The narrowband-internet of things (NB-IoT) market is fragmented, and the vendors are seeking … Read more

MD hopes to make broadband Internet more accessible with partnership, $267 million in funding

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You could install all the infrastructure you want. But if people can't afford to get themselves and their families online, what's the point? Gov. Wes Moore said during a news conference on July 18, 2023. (The Daily Record/Jack Hogan)

Maryland is trying to help more people afford broadband Internet with the help of a national nonprofit focused on connecting people to the Internet and with hundreds of millions of dollars in federal funding, state and federal officials said Tuesday. By working with EducationSuperHighway, which has connected schools across the country to broadband and is … Read more

Optalysys secures 21 million for the quantum encryption chip

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Banner of Tyto Pathfinder

Cybersecurity Investment Optalysys, the developer of a breakthrough photonics processing technology, has raised £21m in Series A funding. The round was led by Lingotto, an investment management firm owned by Exor NV, imec.xpand and Northern Gritstone, with other investors to follow. The investment will enable the company to advance its Enable photonic computing technology to … Read more

Lee Fixels Addition leads $6 million seed round in Egyptian fintech Flash

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Lee Fixels Addition leads $6 million seed round in Egyptian fintech Flash

Image credits: Fast Promoting financial inclusion through digital payment methods is among the top priorities for governments in Africa’s largest tech ecosystems where cash is still king. Several initiatives launched by these governments have increased the number of banking citizens in their respective countries. In Egypt, for example, platforms such as Fawry and InstaPay have … Read more

Embrace raises $20 million to help developers build better games and mobile apps

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Embrace raises $20 million to help developers build better games and mobile apps

Did you miss the excitement of the GamesBeat Summit? Don’t worry! Tune in now to follow all live and virtual sessions here. Embrace, which has a suite of tools to help mobile developers build better games and apps, has raised $20 million in funding. Headquartered in Culver City, California, the company was founded by CEO … Read more

Causaly, an AI platform for drug discovery and biomedical research, raises $60 million

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Causaly, an AI platform for drug discovery and biomedical research, raises $60 million

Image credits: Akio Kon/Bloomberg/Getty Images Artificial intelligence has been a major theme in the world of health and medical research, and particularly in the area of ​​drug discovery. Today, another hopeful in space announces a funding round to expand its contribution to the field. Causaly, a London startup that has built an AI platform to … Read more

The Deep Dive: Savage Communications Receives $1.2 Million Broadband Grant

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Map showing the area covered by a Minnesota state broadband grant

THE THEME: Savage Communications, Inc., was recently awarded a $1,271,835 grant from the Minnesota Department of Employment and Economic Development to expand broadband in Carlton County. BACKGROUND: The funds were awarded by DEED through the Border-to-Border Broadband Development Grant Program, which began in 2014, according to the DEED website. The 2023 grant dollars will help … Read more

Gardonville gets $1.5 million to bring fast internet to the Carlos area

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gardonville buckskin (1).jpg

CARLOS Gardonville Cooperative Telephone Association will provide Internet to hundreds of homes and businesses in Carlos and the Buckskin neighborhood after beating out competitors for a state grant. The Brandon-based telecommunications provider will receive just over $1.5 million from the Minnesota Border-to-Border Broadband Development Grant Program. It was among 15 companies awarded a total of … Read more

DigitalOcean acquires cloud computing startup Paperspace for $111 million in cash

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DigitalOcean banner on the New York Stock Exchange

Image credits: New York Stock Exchange / Stock Photo / Getty Images DigitalOcean, the cloud hosting company, announced today that it has agreed to acquire Paperspace, a New York-based cloud computing and AI development startup, for $111 million in cash. Yancey Spruill, CEO of DigitalOcean, says Paperspaces infrastructure and tools, when integrated with DigitalOceans products, … Read more

AMD Announces $135 Million Investment Plan to Expand Adaptive Computing Research, Development and Engineering Operations in Ireland

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AMD Announces $135 Million Investment Plan to Expand Adaptive Computing Research, Development and Engineering Operations in Ireland

The investment aims to add up to 290 new jobs and fund research and development projects for next-generation AI, data centers, networks and 6G communication infrastructure DUBLIN, Ireland, June 21, 2023 (GLOBE NEWSWIRE) — AMD (NASDAQ: AMD) today announced plans for continued growth in Ireland through an investment … Read more