tech:

taffy

Nextbit Raises $18 Million

Nextbit Systems, a stealth startup based in San Francisco, has raised $18 Million in series A funding, led by Accel Partners and Google Ventures. As part of the fundraising, Nextbit will add Rich Miner and Rich Wong to its board of directors.

The founders of Nextbit, Tom Moss and Mike Chan, are both entrepreneurs-in-residence at Accel Partners. The company has not released any information regarding its product plans, but says its team includes engineers from Google’s Android team, Apple’s iOS team, Dropbox, and Amazon’s AWS team.

Just in

Blaize raises $106M

El Dorado Hills, CA-based AI computing company Blaize has raised $106 million.

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

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.

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.