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Marvell Plans Acquisition of Celestial AI in Deal Worth Up to $5.5 Billion

The semiconductor company aims to acquire AI-focused firm Celestial AI in a transaction that could reach $5.5 billion.

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Terms & Concepts
  • Semiconductor company: A business engaged in designing and manufacturing semiconductor devices used in electronics.
  • Artificial Intelligence (AI): Technology enabling machines to simulate human-like reasoning, learning, and adaptation.