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Startups and Funding
Startups and Funding in Cloud Computing: the news, the names and what changed.
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Latest in Startups and Funding
Lightstorm bets $500 mn on fibre networks to tap India’s AI data centre boom
9+ hour, 5+ min ago (363+ words) Lightstorm Telecom was incorporated in India in March 2019. In fiscal year 2025 (FY25), the latest fiscal year for which reports are available from the ministry of corporate affairs, the company reported operating revenue of ₹476.4 crore and a net loss of ₹103.4 crore. Its…...
Cast AI becomes Lithuania’s 5th unicorn with $1B valuation and launch of OMNI Compute
2+ hour, 5+ min ago (496+ words) Cast AI, a leading Kubernetes automation platform, announced a strategic investment from Pacific Alliance Ventures (PAV), the US-based corporate venture arm of Shinsegae Group. With this round of funding, Cast AI’s valuation exceeds $1 billion, marking the company as Lithuania’s 5th unicorn....
Top takeaways from Ragan’s Future of Communications Conference 2025
1+ hour, 43+ min ago (161+ words) What you missed from the Bigest Week in Communications. It’s been a tough year for communicators. The regulatory landscape radically shifted overnight. A volatile economic environment put everyone on their toes and cost some their jobs. And of course, AI…...
DayOne secures US$3.7 billion loan for Malaysia data centre expansion
6+ hour, 26+ min ago (141+ words) Your Privacy is Important to us Opt out of the sale or sharing of personal information DayOne secures US$3.7 billion loan for Malaysia data centre expansion Singapore-based data centre developer DayOne has secured a RM15 billion (US$3.67 billion) loan from a…...
Flex plans Axiom spinoff to chase AI data center power demand in 2027
16+ hour, 43+ min ago (517+ words) The contract manufacturer is carving out its cloud and power infrastructure unit as a standalone company, and early investors have already priced it at $37.5 billion Flex wants to split itself in two, and one of the halves is the part…...
Anapaya's inks major client deal to launch SCION across three continents
21+ hour, 17+ min ago (151+ words) SCION is an enterprise networking technology solution for enhanced Internet security and connectivity. Developed by Anapaya, this solution is now available across Europe, North America and Asia through Colt Technology Services, the first network provider to bring it to enterprises....
51% Cost Savings Reported From a Live Production Deployment
12+ hour, 59+ min ago (363+ words) You can expect roughly 40% cost reductions from day one with the Auto Router, and more as the tier maps are tuned. One of our production users shared their statistics to show what that looks like at scale. They rolled out…...
Ramp’s $1.5 Million Week of Spending Leads to Glass AI Tool
20+ hour, 4+ min ago (401+ words) Ramp will begin offering its in-house artificial intelligence tool, Glass, to other companies, according to a Tuesday (Oct. 13) company blog post written by Co-Founder and Co-CEO Eric Glyman. Ramp built Glass following a week in May in which the spend…...
NPS Warns Against Indiscriminate AI Data Center Buildout
1+ day, 4+ hour ago (199+ words) [Seoul Economic Daily Invest Forum 2026] ■ Cha Seung-hwan, Head of Asia Infrastructure Investment Team, National Pension Service Selective investment needed, weighing power supply and cash flow Global managers expanding into power generation, transmission and fiber, investing at the platform level As…...
ElevenLabs Valued at $22 Billion, Double Its February Valuation
1+ day, 16+ hour ago (158+ words) Company Completes $300 Million Employee Tender Offer Enterprise Clients Account for 55% of Revenue Voice AI Agent Business Keeps Growing ElevenLabs, an artificial intelligence voice technology company, has been valued at $22 billion (about 31 trillion won), double the valuation it received in its…...