Elon Musk’s ties to President Trump are raising concerns about the global rollout of Starlink, with Morgan Stanley projecting $16.3B in revenue by 2025, a 74% increase from the previous year. Despite the rapid expansion of satellite internet service, some politicians question whether SpaceX owner Musk can be a reliable partner.
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Nexthop AI launches with $110M in seed and Series A funding led by Lightspeed Ventures, offering hardware and software for cloud AI infrastructure (Kyt Dotson/SiliconANGLE)
Nexthop AI, backed by $110M in funding from Lightspeed Ventures, has been launched to provide cloud AI infrastructure solutions to major cloud companies. The funding includes both seed and Series A rounds, highlighting the company's focus on hardware and software for cloud-based artificial intelligence systems. Led by Lightspeed Ventures, Nexthop AI aims to support the development of cutting-edge AI technologies for the world's largest cloud networks. Full Article
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