BusinessStartupsTechnology

Refurbed Secures £44 Million Investment Following Workforce Restructuring

Austrian startup Refurbed has reportedly secured £44 million in new funding just eight months after reducing its workforce by 20%. The company, which operates a marketplace for refurbished electronics, plans to use the capital to expand into the UK market following recent profitability achievements.

Funding Round Details

Austrian startup Refurbed has reportedly raised £44 million in a recent funding round, according to sources familiar with the matter. The investment comes approximately eight months after the company implemented significant workforce reductions, cutting 20% of its staff earlier this year.

ComputingHardware

Nvidia’s DGX Spark AI Supercomputer Sells Out Instantly Amid Limited Launch

Nvidia’s highly anticipated DGX Spark desktop supercomputer sold out within hours of its October 15 launch. The personal AI system arrived five months later than originally promised, with extremely limited availability through Nvidia’s online store and select retailers.

Limited Launch for Delayed AI Supercomputer

Nvidia’s DGX Spark desktop supercomputer has launched with extremely limited availability, according to reports, with the company’s online store showing sold-out status within hours of the October 15 release. Sources indicate that the personal AI system, originally promised for May delivery, finally reached market after a five-month delay.