tech:

taffy

Iveda secures $1.7M contract for video system in Taiwan

Iveda has obtained a contract worth around $1.7 million with a Taiwanese government agency. Under the agreement, Iveda will supply networking equipment and interprocess communication (IPC) computers to 45 locations throughout Taiwan.

The project involves assisting the agency in establishing a video command, communication, and control system, says Iveda. The company will manage and oversee the completion of all sites as well, which is expected by the end of the year.

[Image courtesy: Iveda]

Just in

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.