Latest news with #Harmonic
Yahoo
5 days ago
- Business
- Yahoo
Harmonic Announces Reporting Date for Second Quarter 2025 Results
SAN JOSE, Calif., July 14, 2025 /PRNewswire/ -- Harmonic (NASDAQ: HLIT) today announced it will release its second quarter 2025 financial results after the market close on Monday, July 28, 2025. Harmonic will host a live webcast to discuss the Company's results at 2:00 p.m. PT on the same day. To participate via telephone, please register in advance using this link, Upon registration, telephone participants will receive a confirmation email detailing how to join the audio version of the webcast, including the dial-in number and a unique registrant ID. The live webcast will be available via Harmonic's Investor Relations website at The company suggests participants for both the conference call and those listening via the web dial in or sign on at least 15 minutes in advance of the call. For those unable to participate in the live event, a replay will be available on the same website after 5:00 p.m. PT. Further information about Harmonic and the company's solutions is available at About HarmonicHarmonic (NASDAQ: HLIT), the worldwide leader in virtualized broadband and video delivery solutions, enables media companies and service providers to deliver ultra-high-quality video streaming and broadcast services to consumers globally. The company revolutionized broadband networking via the industry's first virtualized broadband solution, enabling operators to more flexibly deploy gigabit internet service to consumers' homes and mobile devices. Whether simplifying OTT video delivery via innovative cloud and software platforms, or powering the delivery of gigabit internet services, Harmonic is changing the way media companies and service providers monetize live and on-demand content on every screen. More information is available at Harmonic, the Harmonic logo and other Harmonic marks are owned by Harmonic Inc. or its affiliates. All other trademarks referenced herein are the property of their respective owners. View original content to download multimedia: SOURCE Harmonic Inc.
Business Insider
12-07-2025
- Business
- Business Insider
Robinhood (HOOD) CEO Vlad Tenev's AI Math Start-Up Is Valued at $875 Million
Harmonic AI, an artificial intelligence start-up co-founded by Robinhood Markets (HOOD) CEO Vlad Tenev, has raised $100 million in new funding based on an $875 million valuation. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. The start-up company is focused on improving a subject that often confounds AI models and applications: mathematics. The latest Series B funding round values Harmonic AI at $875 million, said Tenev, who serves as the company's executive chairman. Founded in 2023 by Tenev and company CEO Tudor Achim, Silicon Valley-based Harmonic AI is focused on building AI systems that can solve complex math problems, creating what the company refers to as 'mathematical superintelligence.' Harmonic plans to make its AI model called 'Aristotle' available to researchers and the general public by year's end. Solving Math Problems 'The near-term goal is to build an AI that solves math problems at a level that is superior to any human,' said Tenev in a recent media interview. 'The ultimate goal would be to solve major unsolved mathematical problems and expand that to problems in physics and computer science.' Tenev said privately held Harmonic's mathematics approach should give it an advantage over large language models, which underpin AI chatbots and are generally not as adept at solving complicated math equations. Harmonic also seeks to eliminate the issue of AI hallucinations, which is when a chatbot makes up information. Harmonic AI previously raised $75 million in a funding round. HOOD stock has gained 164% this year. Is HOOD Stock a Buy? The stock of Robinhood Markets has a consensus Moderate Buy rating among 21 Wall Street analysts. That rating is based on 15 Buy, five Hold, and one Sell recommendations issued in the last three months. The average HOOD price target of $79.85 implies 15.54% downside from current levels.
Los Angeles Times
11-07-2025
- Business
- Los Angeles Times
Robinhood CEO's AI math startup valued at nearly $900 million
Harmonic AI, an artificial intelligence startup co-founded by Robinhood Markets Inc. Chief Executive Officer Vlad Tenev, has raised $100 million in funding to tackle a problem that has sometimes confounded AI models: math. The Series B funding round was led by Kleiner Perkins, with participation from Sequoia Capital, Index Ventures and Paradigm. The deal values the AI startup at $875 million, said Tenev, who serves as the company's executive chairman, a non-operating role. Harmonic's CEO is Tudor Achim, who previously led autonomous driving startup Founded in 2023 by Tenev and Achim, the Palo Alto, California-based startup aims to build AI systems that can solve complex math problems, creating what the company refers to as mathematical superintelligence. Harmonic plans to make its flagship AI model, Aristotle, available to researchers and the general public later this year. 'The near-term goal is to build an AI that solves math problems at a level that is superior to any human,' Tenev told Bloomberg News. 'The ultimate goal would be to solve major unsolved mathematical problems and expand that to problems in physics and computer science.' Tenev said Harmonic's math-first approach should give it an advantage over large language models, which underpin AI chatbots and are generally not as adept at solving complicated math problems. Harmonic also seeks to eliminate the issue of hallucinations, or when a chatbot makes up information, by relying on formal verification, a mathematical method used to guarantee an AI system functions correctly. 'We can ensure that every piece of output and every step in our model's reasoning is verifiably correct,' Tenev said. 'That is just a very different approach to building AI models that I think is going to be the approach that dominates in the future.' Harmonic previously raised $75 million from Sequoia and Index. Its new funding round gives the company a valuation just under the $1 billion threshold that would make it a 'unicorn.' Tenev said that was an intentional choice. 'You never want to take the highest offer,' said Tenev, who raised billions in funding for Robinhood before the stock-trading service's 2021 initial public offering. 'Optimizing for valuation is never the right choice.' Clark writes for Bloomberg.
Business Wire
10-07-2025
- Business
- Business Wire
Harmonic Raises $100 Million Series B to Accelerate Development of Mathematical Superintelligence
PALO ALTO, Calif.--(BUSINESS WIRE)-- Harmonic, the artificial intelligence lab leading the development of Mathematical Superintelligence (MSI), announces a $100 million Series B funding round at a nearly $900 million post-money valuation. The round was led by Kleiner Perkins with significant participation from Paradigm. Additional investors included Ribbit Capital and existing backers including Sequoia Capital, Index Ventures, and Charlie Cheever. The funding will accelerate Harmonic's momentum at the frontier of mathematical reasoning and its rapid progress towards commercializing its flagship model, Aristotle. Unlike language-based AI prone to hallucinations, Aristotle's use of MSI verifies accuracy, ensures coherent logical reasoning, and transparently flags errors and inconsistencies. As a result, Aristotle replaces probabilistic guesses with provable solutions in high-stakes, real-world applications. 'Aristotle's MSI is uniquely suited for mission-critical applications where there is no margin for error, such as generating verified software and by formally verifying existing code – a breakthrough for industries including blockchain, financial services, aerospace and other safety-sensitive systems,' said Tudor Achim, CEO of Harmonic. Aristotle's MSI model is designed to solve mathematical problems at a level far exceeding human capabilities. By accelerating mathematics, the doors open to driving breakthroughs across multiple dependent fields, including theoretical physics and engineering. 'We're getting closer to AI that can truly reason – quickly, reliably, and at scale,' said Vlad Tenev, Co-Founder and Executive Chairman of Harmonic. 'Mathematical Superintelligence is moving from research to real-world applications, and we're excited for Aristotle to start putting this AI capability into the hands of users.' 'Harmonic has created a new foundation for verified, scalable reasoning that can be trusted in high-stakes environments. I'm deeply excited about the applications of Aristotle not just for software, but for accelerating progress across science, engineering and general intelligence,' said Ilya Fushman, partner at Kleiner Perkins and a former physicist who will join Harmonic's board as an observer. He joins existing board member Andrew Reed from Sequoia and existing board observer Jan Hammer from Index. Harmonic previously raised $75 million in its September 2024 Series A funding round, which was led by Sequoia Capital, included significant participation from Index Ventures, and received additional backing from DST Global partners and Nikesh Arora. About Harmonic Harmonic, an artificial intelligence company founded in 2023, is backed by Robinhood CEO Vlad Tenev and led by CEO Tudor Achim. It is developing Mathematical Superintelligence (MSI), the next generation of artificial intelligence which is rooted in mathematics and which guarantees accuracy and eliminates hallucinations. The company is based in Palo Alto, California.
Yahoo
24-06-2025
- Business
- Yahoo
Harmonic Partners with Vectra for World's First PTP-less DAA Deployment
Harmonic Inc. (NASDAQ:HLIT) is one of the best small cap tech stocks with biggest upside potential. Earlier on June 2, Harmonic announced that Vectra has chosen Harmonic's cOS virtualized broadband platform. The collaboration aims to accelerate Vectra's expansion of multigigabit broadband services, facilitate selective migration to deep fiber infrastructure, and support new wholesale fiber and DOCSIS offerings. The deployment marks the world's first implementation of Harmonic's PTP-less capability for distributed access architecture/DAA for enhanced reliability, simplified operations, and reduced costs. Vectra will integrate Harmonic's cOS platform with Reef Remote PHY (R-PHY) Shelves, Oyster DAA nodes, and various remote OLT devices. A video-processing suite with technicians at work, highlighting the company's production capabilities. Vectra will also utilize Harmonic's newly launched SeaStar Optical Node to deliver fiber connectivity to lower-density brownfield multi-dwelling units (MDUs) by using existing in-building coax wiring. The adoption of a PTP-less Virtualized Core will streamline overall network operations. The cOS platform will also enable Vectra to selectively migrate from DOCSIS to PON and deliver high-speed fiber connectivity to targeted areas using existing infrastructure, thereby reducing capital expenses. Harmonic Inc. (NASDAQ:HLIT) provides broadband access solutions worldwide and operates through its Broadband and Video segments. Vectra is a major internet provider in Poland. While we acknowledge the potential of HLIT as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the . READ NEXT: and . Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
