Telehealth provider Independa announced it has closed a seed round of venture capital funding that to date has raised $1.6 million for the company. The seed-round funding came from private investors and Southern California venture capital firms Miramar Venture Partners and City Hill Ventures, the company said. In addition, Independa has received $200,000 in debt financing from Silicon Valley Bank. The company also said that current investors have unanimously authorized raising an additional $600,000 in venture capital funding.
Independa Announces $1.6 Million Seed Funding
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Fundings
Rivos raises $250M
Santa Clara, Calif.-based Rivos, a RISC-V accelerated platform company focusing on data analytics and Generative AI, has raised $250 million in its Series A-3 funding round
Industry
IBM, Canada, and Quebec invest $137M to strengthen semiconductor industry
IBM, the Government of Canada, and the Government of Quebec announced agreements to develop the assembly, testing and packaging capabilities for semiconductor modules at IBM Canada's plant in Bromont, Quebec.
Around the web
Net neutrality is back: U.S. promises fast, safe and reliable internet for all — NPR
Consumers can look forward to faster, safer and more reliable internet connections under the promises of newly reinstated government regulations, writes Emma Bowman of NPR.
AI
AI is ‘a new kind of digital species,’ Microsoft AI chief says — Quartz
Mustafa Suleyman, chief executive of Microsoft AI, said during a talk at TED 2024 that AI is the newest wave of creation since the start of life on Earth, and that “we are in the fastest and most consequential wave ever,” writes Britney Nguyen in Quartz.
Around the web
It’s baaack! Microsoft and IBM open source MS-DOS 4.0 — ZDNet
Microsoft and IBM have joined forces to open-source the 1988 operating system MS-DOS 4.0 under the MIT License, writes Steven Vaughan-Nichols.