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Announced

SIP Global Partners to invest in Lightmatter.

Synopsis

SIP Global Partners, a venture capital firm, agreed to invest in Lightmatter, a hardware and software solutions provider. Financial terms were not disclosed. "By increasing speed, lowering cost, and reducing environmental impact, our technologies can continue to push the limits of what's possible, fueling greater AI adoption and innovation. We are thankful for the support of our investors, each of whom share our vision of Lightmatter playing an integral role in the future of computing," Nick Harris, Lightmatter Co-Founder and CEO.

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