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Apple expected to focus on Pro and ‘Ultra’ versions of its device at usual September release event
The financing will support further development of the company’s products and features, as well as scale up its infrastructure footprint.
The AI neocloud provider, which specializes in hosting open source models, last raised at a $3.3 billion valuation in early 2025.
The round was led by Aramco Ventures, the venture arm of Saudi Arabia's state oil company Saudi Aramco
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