Fungible shareholder sues company: Wants to inspect the books prior to $190m Microsoft deal
Fungible stockholder and ex-employee Naveen Gupta has filed a lawsuit against the company, seeking to "investigate potential wrongdoing and breaches of fiduciary duties."
The allegations are around convertible promissory notes...
Unifabrix CXL memory node boosts core use
Israeli startup Unifabrix demonstrated its Smart Memory Node at SC22 and we wrote an initial account of its technology here. The intent was to demonstrate remote memory pooling across a...
Storage news ticker – December 15
Apache Cassandra v4.1 is a milestone release that's mainly a feature update geared toward preparing for the major changes for developers in 5.0. Significant core services changes have been...
Fungible sold to Microsoft for $190 million, say multiple sources
DPU startup Fungible has been sold to Microsoft for $190 million despite raising more than $300 million in funding since its incorporation in 2015, according to multiple sources.
The company...
Astera Labs spears CXL chip funding
Silicon valley startup and new unicorn Astera Labs has raked in $150 million in funding on top of delivering its Leo CXL Memory pooling and sharing controllers.
CXL, the Compute...
Competition gets heated on Fungible’s DPU patch
Data processing unit startup Fungible is facing increasing competition as its avenues for growth become restricted and ever more fiercely contested.
The company was founded in 2015 to develop and...
Data processor Kalray steps onto world stage
France-based Kalray has signed a major contract with an unnamed NASDAQ-listed tech organization to develop and supply acceleration cards and support the customer’s development teams for their next-generation product.
This...
Startup UnifabriX exits stealth mode with CXL 3.0 Smart Memory device demo
Israeli startup UnifabriX is demonstrating a CXL 3.0-connected Smart Memory device for data center and HPC memory pooling
The demo is taking place at SC22 and UnifabriX said it will...
Dell has Liqid route to CXL memory pooling
Dell has shown how its MX7000 composable server chassis can be used with Liqid technology to add PCIe gen 4-connected GPUs and other accelerators to the composable systems mix,...
IntelliProp has chips to build CXL fabric
Startup IntelliProp has announced its Omega Memory Fabric chips so servers can share internal and external memory with CXL, going beyond CPU socket limits and speeding memory-bound datacenter apps....
Liqid staff leave the business amid restructure
Composable systems startup Liqid has confirmed some executive movements near the top of the org chart amid unrelated restructuring on the shop floor.
Liqid has appointed a Chief Revenue...
DPU startup Fungible lays off staff – sources
DPU developer Fungible has, according to industry sources, laid off a number of employees as it focuses on the mature storage market for its data processing unit technology.
Update: Fungible...