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Kalray

2 stories about Kalray

משה תואיתו אורי בייטלר ו אריה מרגי מייסדי פליופס Pliops

Pliops merger with Kalray falls through after stock price collapses

The Israeli startup, which develops acceleration solutions for AI and storage servers in data centers, was set to merge with Kalray, a French provider of advanced data processing solutions. However, the deal will not go ahead after Kalray lost more than half of its value over the past two months.

משה תואיתו אורי בייטלר ו אריה מרגי מייסדי פליופס Pliops

AI data acceleration startup Pliops loses over 80% of value in merger with Kalray

The Israeli startup, which develops acceleration solutions for AI and storage servers in data centers, raised $100 million at a valuation of over $650 million in August 2022. However, its shareholders will receive only around $100 million-worth of Kalray shares in the merger.