Page 14 - Smart Global News Today

Silicon Laboratories (SLAB) Needham analyst Rajvindra Gill assigned a Buy rating to Silicon Laboratories today and set a price target of $195.00. The company’s shares closed last Thursday at $144.65. According to TipRanks.com, Gill is a 5-star analyst with an average return of 16.1% and a 66.3% success rate. Gill covers the Technology sector, focusing on stocks such as Sequans Communications S A, Everspin Technologies, and Smart Global Holdings. The word on The Street in general, suggests a ...

Deeplite raises $7.5 million CAD seed round to optimize deep neural networks Montréal-based Deeplite has raised $7.5 million CAD ($6 million USD) in seed funding as the startup looks to accelerate its software that optimizes deep neural networks. Nick Romano, CEO and co-founder of Deeplite, told BetaKit the round consisted of two components: the first was a $2 million USD convertible note completed in July 2020, which included participation from Desjardins Capital, Somel Invest...

Deeplite raises $6M seed to deploy ML on edge with fewer compute resources One of the issues with deploying a machine learning application is that it tends to be expensive and highly compute intensive.  Deeplite, a startup based in Montreal, wants to change that by providing a way to reduce the overall size of the model, allowing it to run on hardware with far fewer resources. Today, the company announced a $6 million seed investment. Boston-based venture capital firm PJC led the round with he...

Li Auto – The electric vehicle manufacturers shares fell 4% after the company announced a $750 million convertible senior note offering. The debt will be due in 2028. PG&E – Shares of the gas and electric company slipped slightly after the bell. In regular trading, PG&E shares slipped 1.9% after The San Francisco Chronicle reported the Sonoma County district attorney charged the company with five felonies and 28 misdemeanors over the 2019 Kincade fire. Smart Global Holdings – Shares of t...