Page 27 - Smart Global News Today : Breaking News, Live Updates & Top Stories | Vimarsana

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 Moderate Buy analyst consensus rating for Silicon Laboratories with a $166.78 average price target, ...

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 Investments, and BDC Capital through its Bridge Financing Program. Deeplite is collaborating with Yoshua B...

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 help from Innospark Ventures, Differential Ventures and Smart Global Holdings. Somel Investments, BDC ...

Li Auto – The electric vehicle manufacturer's 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 the company rose less than 1% after Smart Global logged better-than-expected fiscal second-quarter r...