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Shareholders approve Bird-SPAC merger, stock promptly falls

TechCrunch

first spotted the vote news ; Bird is based in the Los Angeles metropolitan agglomeration. For example, Bird had gross margins that were negative in 2018, 2019 and 2020. Shares of the SPAC were off as far as 20% before recovering. News broke in May that Bird was looking at a SPAC-led debut on the public markets.

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EdgeQ raises $51 million to fuse AI compute and 5G within a single chip

TechCrunch

One way to get all these technologies into single devices is just to agglomerate a bunch of off-the-shelf silicon chips and jam them into a product. EdgeQ is founded by Vinay Ravuri, an ex-Qualcomm exec who worked on mobile and data center projects at the behemoth chipmaker during the attempted corporate takeover by Broadcom back in 2018.