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Flextronics and Huawei Expand Strategic Supply Chain Partnership Into Hungary

Flextronics and Huawei has announced that they have expanded their existing supply chain partnership to include services such as reverse logistics and configure-to-order (CTO) products in Hungary. Flextronics currently provides product manufacturing and services to Huawei in China, India, Brazil. The announcement marks the fifth major region where the companies partner globally.

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Amazon to invest up to $4B in Anthropic

Amazon will invest up to $4 billion in Anthropic, and will acquire a minority ownership stake in the company. The two companies also announced a strategic agreement aimed at the development of generative artificial intelligence (AI) models.  

Mesh raises $22M

San Francisco, CA-based Mesh, a company working on simplifying digital asset transfers, crypto payments, and account aggregation, has raised $22 million in a Series A funding round.

Cisco to acquire Splunk for $28B

Cisco and Splunk have announced an agreement where Cisco will acquire Splunk for $157 per share in cash, summing up to approximately $28 billion in equity value.

DynamoFL raises $15.1M

San Francisco, CA-based DynamoFL, has raised $15.1 million in a Series A funding round.