business-contracts7.52 min read POET Cancels Celestial AI Purchase Orders After Marvell’s Cancellation Notice
POET Technologies announced the cancellation of all Celestial AI purchase orders after Marvell provided a cancellation notice citing confidentiality obligations. The company will focus on its AI and optical networking product development and fulfill other orders, including a separate roughly $5 million purchase order from another technology customer.
3 hours ago•Source: GlobeNewswire