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DriveNets raises $410 million as AI boom pushes valuation to $8.5 billion

Communications company DriveNets has raised $410 million in a fourth funding round at a valuation of $8.5 billion, reflecting a significant increase in the company’s value. Total investment in DriveNets since its inception now stands at approximately $1 billion.DriveNets develops networking solutions that improve the performance of end-to-end AI infrastructure for telecommunications providers, leading AI companies, and cloud operators building and managing large-scale systems. 1 View gallery Dri...

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