Oxide Computer raises $445 million to increase data center rack production

Data center hardware startup Oxide Computer Inc. announced today that it has raised $445 million in funding. Returning backer Eclipse Capital led the Series D round. They were joined by AMD Ventures, Riot Ventures, Jane Street, Atreides Management and USIT, which led Oxide’s previous $200 million capital raise in February. Oxide sells a data center … Read more

The USA presents the PAC-3 Edge interceptor to defend against hypersonic missiles

Lockheed Martin has unveiled a new missile interceptor designed to bolster the US Army’s defenses against hypersonic weapons and other advanced airborne threats. Dubbed PAC-3 Edge, the system aims to attack targets from greater distances and altitudes than existing capabilities allow. The interceptor is based on technology from the combat-proven Patriot Advanced Capability-3 Missile Segment … Read more

Jev inventor TypeSafe closes $870 million round at $7.5 billion valuation

TypeSafe Inc., the inventor of the Jev artificial intelligence model, today announced that it has raised $870 million in funding at a valuation of $7.5 billion. Andreessen Horowitz led the round with contributions from Sequoia Capital, DCVC and unnamed angel investors. The cash injection comes less than a month after TypeSafe launched Jev. The company’s … Read more

Lockheed Martin brings Black Hawk digital twin training to the Philippines

Lockheed Martin has signed a contract to provide a full flight simulator and virtual maintenance training system for its S-70i Black Hawk helicopters to the Philippine Air Force (PAF), expanding the service’s ability to train pilots and technicians in the field. The direct commercial sales agreement with the Philippine Department of Defense, announced Oct. 8, … Read more

UBTECH and Volkswagen are collaborating to test humanoid robots in car factories

Chinese robotics company UBTECH and FAW-Volkswagen have agreed to develop and test humanoid robots for logistics applications in vehicle manufacturing plants. The focus of the partnership is on developing demonstration scenarios and testing robotic solutions for factory logistics and intelligent manufacturing. UBTECH previously collaborated with FAW-Volkswagen on vehicle quality testing trials using its Walker S … Read more