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Greater China Digest: Sequoia leads Phanes deal; Turn Capital invests in Taiwan's Dapp - Vimarsana News

Greater China Digest: Sequoia leads Phanes deal; Turn Capital invests in Taiwan's Dapp

Laboratory equipment. Photo: Pixabay May 7, 2021 Sequoia Capital China has led a $40-million Series B round for US-based biotech startup Phanes Therapeutics, while Turn Capital has acquired Taiwanese blockchain startup Dapp Pocket. Sequoia China leads $40m Series B round for biotech firm Phanes Phanes Therapeutics, a biotech startup with operations in the US and China, has secured $40 million in a Series B round of financing led by Sequoia Capital China, according to a statement on Thursday. Chinese private equity firm DYEE Capital; Volcanics Venture, an early-stage venture capital firm that ...

CES 2021 Avalanche Computing Develops Hyper-scale Computing Technique for Speed and High-Scalability AI Projects - Vimarsana News

CES 2021 Avalanche Computing Develops Hyper-scale Computing Technique for Speed and High-Scalability AI Projects

Share this article Share this article TAIPEI, Taiwan, Jan. 17, 2021 /PRNewswire/ -- Avalanche Computing, a hyper-scale computing technique provider based in Taipei and the Bay Area, has developed a one-click-through AI framework that allows for production speed and is highly scalable. Avalanche Computing's AI framework effectively trains your AI model in parallel or distributed mode on multiple GPUs without changing the algorithm for reducing AI project costs, and then does AI model deployment from one to many edge devices in one command. Avalanche Computing focuses on optimizing the deep lea...