Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A team of Silicon Valley veterans who previously worked at Apple and Google has raised $250mn to challenge ...

Artificial intelligence startup Modular Inc. is said to be involved in discussions with investors including General Catalyst over a big funding round that would value it at about $600 million, ...

(Reuters) -AI startup Modular said on Wednesday it raised $250 million in a funding round valuing it at $1.6 billion, as it aims to challenge Nvidia's software stranglehold on the AI computing market.

Demand for AI chips is booming—and so is the need for software to run them. Chris Lattner’s startup Modular just raised $250 million to build the best developer tools for AI hardware. Lattner’s answer ...