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Axelera AI raises $50M (The Netherlands)

Eindhoven-based Axelera AI, a company providing computer vision and Edge AI solutions, has announced the addition of new investors in its Series A round, thereby raising the total amount to $50 million.

New investors include CDP Venture Capital, Verve Ventures, and Fractionelera, the latter being specifically formed to finance Axelera AI. Innovation Industries also amplified its investment, thereby becoming the firm’s largest investor.

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Microsoft joins OpenAI’s board with Sam Altman officially back as CEO — The Verge

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Gulf Air exposed to data breach, ‘vital operations not affected’ — U.S. News

Gulf Air said its data was breached on Friday but its operations and vital systems were not affected, Bahrain's news agency BNA reported on Saturday, according to the report. 

Sam Altman to return as CEO of OpenAI — The Verge

Sam Altman will return as CEO of OpenAI, overcoming...