On theCUBE Pod: Midterms send shockwaves through AI market – SiliconANGLE

On theCUBE Pod: Midterms send shockwaves through AI market – SiliconANGLE

The very blue results of last week’s midterms have sent technology investors into a tailspin. With many successful candidates running on platforms opposing data centers and calling for greater restrictions on artificial intelligence, investors anticipate a slowdown in AI spending. Tech stocks fell, with a collective loss of $2.5 trillion in market cap, and the Nasdaq dropped more than 5.5%. …

Hardware-testing and engineering startup Nominal raises 0M at B valuation – SiliconANGLE

Hardware-testing and engineering startup Nominal raises $240M at $3B valuation – SiliconANGLE

Artificial intelligence-powered hardware-testing and engineering software startup Nominal Inc. today announced it raised $240 million in new funding led by Lightspeed Venture Partners and Insight Partners. The investment triples the company’s valuation to $3 billion, up from $1 billion cemented in March after it raised $80 million in a Series B-2 funding round. Additional major investors in the Series C round included …