Tencent Cloud and Nokia partner to boost APAC cloud & network transformation

From left: Ken Siow, Regional Director and General Manager for Malaysia and Singapore, Tencent Cloud International; Bluefin Zhao, Vice President, Tencent Cloud International; Sang Xulei, Vice President, Head of APAC Regional Business Centre, Network Infrastructure, Business Group, Nokia; and John Harrington, Senior Vice President, Head of APAC Sales, Network Infrastructure, Nokia

Tencent Cloud, the cloud business arm of global technology company, Tencent, today sealed a partnership with Nokia, a leading provider of network infrastructure solutions to support enterprises in Singapore and Asia Pacific as they level up their cloud and network infrastructure for the next phase of digital transformation. The partnership was announced at the recently […]

Rivian & Volkswagen plan to partner on next-gen EV software and architecture

Oliver Blume, CEO of Volkswagen Group and RJ Scaringe, Founder and CEO of Rivian announce joint venture plans.

Rivian Automotive and Volkswagen Group have recently announced their intention to form an equally controlled and owned joint venture (JV) to create next-generation electrical architecture and best-in-class software technology. The partnership is anticipated to accelerate the development of software for Rivian and Volkswagen Group. It is expected to allow both companies to combine their complementary […]

Rainforest secures USD 20Mln in series A funding

From left to right Jeremy Jonker (Infinity Ventures), Joshua Silver (Rainforest), Matt Brown (Matrix Partners), Dana Stalder (Matrix Partners)

Rainforest, a payment provider purpose-built for software platforms, yesterday announced it has raised an oversubscribed $20 million Series A funding round led by Matrix Partners. Additional participating investors include Accel, Infinity Ventures, BoxGroup, The Fintech Fund, Tech Square Ventures, Ardent Venture Partners – all of whom participated in the company’s seed round announced in 2023. The fresh capital brings Rainforest’s total funding to $31.75 […]

Aramco and Sempra sign Heads of Agreement for Port Arthur LNG Phase 2

At the signing ceremony, from left: Aramco Executive Vice President of Gas Abdulkarim A. Al-Ghamdi, Sempra Chairman and CEO Jeffrey W. Martin, Aramco President & CEO Amin H. Nasser, Aramco Upstream President Nasir K. Al-Naimi, and Sempra Infrastructure President of LNG Martin Hupka.

Aramco, one of the world’s leading integrated energy and chemicals companies, and Sempra one of North America’s leading energy infrastructure companies, yesterday announce that their respective subsidiaries have executed a non-binding Heads of Agreement (HoA) for a 20-year sale and purchase agreement (SPA) for liquefied natural gas (LNG) offtake of 5.0 million tonnes per annum (Mtpa) from the Port […]

Innoviz and major OEM partner on short-range LiDAR for L4 AVs

New Short-Range LiDAR for L4 Autonomous Vehicles

Innoviz Technologies Ltd., a leading Tier-1 direct supplier of high-performance automotive-grade LiDAR sensors and perception software, yesterday announced a collaboration with an automotive OEM to advance its L4 autonomous vehicle capabilities. This agreement adds Innoviz’s new short-range LiDARs into the OEM’s Level 4 autonomous driving platform. The Company expects the collaboration will result in a series production […]

Star Mountain Capital welcomes Charles Millard as Senior Advisor

Charles Millard, Star Mountain Capital Senior Advisor

Star Mountain Capital, LLC, a specialized investment manager with over $4.0 billion in assets under management (committed capital including debt facilities as of 5/31/2024) focused on generating defensive and premium yield and total returns from the less efficient and resources-intensive market of U.S. private small and medium-sized businesses (the “lower middle-market”), announced that Charles Millard has joined […]