GoPro to expand into AI data centers after $285 million merger with optical-photonics company — move to solve camera maker’s financial woes, move manufacturing back into the US

GoPro is merging with optical-photonics company Starman Optical in a deal worth at least $285 million. This move will wipe out the company's $92 million outstanding debt, let it start manufacturing its cameras in the U.S., and expand its portfolio to include optical transceivers for AI data centers.

Exit the Cave

Article URL: https://turtlespace.blog/p/exit-the-cave Comments URL: https://news.ycombinator.com/item?id=49536606 Points: 198 # Comments: 67

← PreviousPage 342 of 777Next →