The subsidiary will promote the adoption of artificial intelligence in the U.S. defense sector and other industries requiring high-assurance systems.
Most recently, Nazara increased its ownership of Nextwave Multimedia and acquired companies such as NODWIN Gaming and Datawrkz.
SiFive was established in 2015 and is headquartered in Santa Clara, The Golden State.
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The investment will be in the form of convertible preferred shares.
Regardless of current securities market volatility, India’s IPO market continues to be durable.
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