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Industry
Nvidia AI conference GTC 2026 opens on March 17
Nvidia said on Wednesday it will hold GTC 2026, its AI and accelerated computing conference, in San Jose, California from March 16 local time, or March 17 in South Korea. More than 30,000 developers, researchers, business leaders and AI companies from about 190 countries are expected to attend. CEO Jensen Huang will deliver a keynote at SAP Center and introduce the company’s latest technologies across the AI stack.
AI & Enterprise
Ricursive raises $300 million in Series A, says AI cuts chip design time
AI-based chip design startup Ricursive Intelligence has raised $300 million in Series A funding, SiliconANGLE reported on Jan. 26 local time. The round was led by Lightspeed, with Nvidia’s NVentures, DST Global and Felicis Ventures also taking part. Ricursive was valued at $4 billion in the deal. The company develops AI tools aimed at sharply reducing chip design times and plans to use the funds for hiring and infrastructure upgrades.
AI & Enterprise
Synthesia valuation tops $4 billion, allows employee share sales
British AI startup Synthesia has surpassed a $4 billion valuation and will allow employees to sell shares, TechCrunch reported on Jan. 26. The company has completed a $200 million Series E funding round with participation from GV, Kleiner Perkins, Accel, NEA and Nvidia NVentures. Synthesia provides corporate training solutions using AI avatars and counts Bosch, Merck and SAP as customers. Its annual recurring revenue has exceeded $100 million.
