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IBM and Qedma Demonstrate Quantum Advantage, Modeling Physics Beyond Classical Capabilities Through Trusted Quantum Computation

New-Tech Magazines Group Ltd. July 30, 2026 Comments Off on IBM and Qedma Demonstrate Quantum Advantage, Modeling Physics Beyond Classical Capabilities Through Trusted Quantum Computation

Qedma’s quantum error reduction software, running on IBM quantum computers and tested against RIKEN and BlueQubit’s supercomputing resources, has accurately resolved the dynamics of quantum materials unseen in classical simulation.... Read More

Modus Raises $10 Million to Launch Context Warehouse for Enterprise AI

New-Tech Magazines Group Ltd. July 30, 2026 Comments Off on Modus Raises $10 Million to Launch Context Warehouse for Enterprise AI

Israeli startup Modus has emerged from stealth with a $10 million seed round led by Insight Partners, with participation from Soma Capital and technology entrepreneurs including executives from Cyera, Wix,... Read More

groundcover Raises $100 Million to Expand AI-Era Observability Platform

New-Tech Magazines Group Ltd. July 30, 2026 Comments Off on groundcover Raises $100 Million to Expand AI-Era Observability Platform

Series C funding led by One Peak brings total investment in the company to $160 million groundcover, the bring-your-own-cloud (BYOC), eBPF and OpenTelemetry (OTel)-native observability platform, has raised $100 million... Read More

Cato Networks Surpasses $415 Million ARR with 42% Annual Growth

New-Tech Magazines Group Ltd. July 27, 2026 Comments Off on Cato Networks Surpasses $415 Million ARR with 42% Annual Growth

Enterprise demand and AI security adoption drive continued global expansion Cato Networks has announced that its annual recurring revenue (ARR) has exceeded $415 million, representing 42% year-over-year growth, as enterprise... Read More

Cadence Launches AuraStack, Bringing Agentic AI to PCB and Advanced Packaging Design

New-Tech Magazines Group Ltd. July 27, 2026 Comments Off on Cadence Launches AuraStack, Bringing Agentic AI to PCB and Advanced Packaging Design

Cadence has introduced AuraStack, a new Agentic AI platform designed to automate and orchestrate the complete development process for printed circuit boards (PCBs) and advanced semiconductor packaging. The platform brings... Read More

Microchip Technology Signs Definitive Agreement to Acquire Hailo

New-Tech Magazines Group Ltd. July 26, 2026 Comments Off on Microchip Technology Signs Definitive Agreement to Acquire Hailo

Microchip Technology Incorporated, a leading provider of smart, connected, and secure embedded control solutions, today announced that it has signed a definitive agreement to acquire Hailo, a provider of accelerated... Read More

Mobileye Enters a New Chapter as Founder Amnon Shashua Steps Down as CEO, Raises Outlook and Expands Stellantis Partnership

New-Tech Magazines Group Ltd. July 26, 2026 Comments Off on Mobileye Enters a New Chapter as Founder Amnon Shashua Steps Down as CEO, Raises Outlook and Expands Stellantis Partnership

Mobileye is entering one of the most significant periods in its history. Alongside stronger-than-expected second-quarter financial results and an improved outlook for 2026, the company announced that founder Professor Amnon... Read More