AI semiconductor startup Axelera AI has successfully closed a seed investment round of $12 million. 
Marvell Technology (NASDAQ: MRVL), a provider of semiconductor solutions, has acquired Innovium - a provider of networking solutions for cloud and edge data centers. Marvell will acquire Innovium in an all-stock transaction worth $1.1 billion. The company’s expanded portfolio would increasingly position it as the semiconductor solutions partner of choice for the cloud. Disclosure: We are a professional review site that receives compensation from the companies whose products we review. We are independently owned and we have spent time and effort doing our best to offer you the most relevant and accurate information. All the "customer reviews" are posted by real webmasters (hosting customers) and we're not responsable for their opinions. Purchasing any service from the hosting companies listed on our site is your solely decision.
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