US Top News and Analysis | Nvidia-backed $5 billion AI company tells CNBC it's launching major expansion in London

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American AI company Runway, backed by Nvidia and recently valued at $5.3 billion after a $315 million Series E round, announced it will make London its new European headquarters and invest more than $200 million in the U.K.’s AI ecosystem by 2028. The move follows other U.S. AI firms such as Anthropic, OpenAI and Google expanding into the city to tap its commercial opportunities and talent pool. Runway, which builds “world models” that can learn from multimodal inputs like audio, images and video, will bring its pioneering research and video‑generation tools to the UK, aiming to support breakthroughs across film, gaming, science and robotics while serving major European customers such as the BBC, Fremantle and WPP.

Read more: https://www.cnbc.com/2026/06/01/nvidia-backed-runway-london-expansion.html

#Nvidia #Runway #GeneralAtlantic #AMDVentures #CristbalValenzuela #AlejandroMatamalaOrtiz #AnastasisGermanidis #KanishkaNarayan

Ethernovia continues networking quest with world-first auto 7-nm transceivers
The physical layer transceiver devices meet rising bandwidth demands of software-defined vehicles and follow the Ethernet connectivity and networking innovator's partnership with Continental to Develop a 7-nm automotive switch enabling higher-performance compute.
#AMDVentures #automotivePHY #automotivephysic

https://futurride.com/2024/03/05/ethernovia-continues-networking-quest-with-world-first-auto-7-nm-transceivers/