Israel’s Speedata, right? They’ve just pulled in $44m in Series B funding—massive influx—aiming to pump up their data-crunching chip tech. This makes their total raised cash a neat $114m. Pretty wild, huh?
Anyway, a bunch of big players chipped in, like Walden Catalyst Ventures and 83North. Even Koch Disruptive Technologies and that crew got involved. Oh, and guess who’s in on it? Lip-Bu Tan from Intel and Eyal Waldman, the Mellanox dude. That’s got to mean something. Or maybe I’m just reading too much into it.
So, Speedata’s big thing is their Analytics Processing Unit (APU). It’s supposed to kick data tasks into overdrive across loads of industries. Just launched a spiffy new chip too, aiming to ramp up that big data stuff. The Callisto chip they’ve got breaks down those tricky data flow hold-ups. Almost poetic, right? Or maybe just really nerdy.
Industries like finance and healthcare have already test-driven it. Not to mention insurance and AdTech—whatever that really entails. Feels like everywhere’s got a stake in this tech game.
They’ve rolled out the C200 PCIe card with some serious connectivity stuff. Total tech jargon, but sounds impressive. Supposedly, you can just plug in and play without messing with what you’ve already got. Kind of like slipping on a new jacket over your old sweatshirt.
Adi Gelvan, the new guy at the helm, says AI can’t do squat without solid data analytics. He dropped this gem—diamonds in, diamonds out. Makes a weird sort of sense if you’re into that whole metaphor thing. His point? The APU is what AI’s been missing for years.
Oh, by the way, “Speedata raises $44m in Series B funding round” was titled by Verdict. Thought I’d throw that in.
And mind you, don’t take this as gospel—grab some professional advice before doing anything rash. It’s all just meandering thoughts, really.
