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Business 03 Mar 2021 | 7:00 AM

Wave Computing emerges from Chapter 11

OAKLAND: Artificial intelligence (AI) chip designer Wave Computing Inc said it has emerged from Chapter 11 bankruptcy protection following an auction of the company and will rebrand the firm as MIPS.

Business 26 Feb 2021 | 7:00 AM

Berkshire Grey to go public via SPAC deal

BENGALURU: SoftBank-backed robotics firm Berkshire Grey said it has agreed to go public through a merger with a blank-check firm in a deal that values the combined company at US$2.7bil.