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How AI And Cloud Computing May Delay The Transition To Clean Energy
Investment bank Morgan Stanley projects the global data-centre industry will produce around 2.5 billion metric tons of carbon dioxide equivalent through the end of the decade, the equivalent of Russia's annual emissions.
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Amazon Doubles Down on AI Startup Anthropic With Another $4 Billion
Amazon has invested another $4 billion into Anthropic, as the firm plans to captialise on a boom in generative AI technology. The e-commerce giant has doubled its investment in the OpenAI competitor, known for its GenAI chatbot Claude, but it will remain a minority investor in the firm.
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OpenAI, Google And Anthropic Are Struggling To Build More Advanced AI
The recent setbacks also raise doubts about the heavy investment in AI and the feasibility of reaching an overarching goal these companies are aggressively pursuing artificial general intelligence.
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"Excellent News": PM Modi Lauds Cabinet's Approval Of Rs 1,000-Crore Fund For Space Sector
The fund will be deployed over five years, with planned investments ranging from Rs 150 crore to Rs 250 crore annually based on startup needs.
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Investment Management Firm VanEck to Invest in Crypto and AI Startups: Details
VanEck has introduced an investment fund for early-stage startups under the VanEck Ventures brand. The firm plans to invest $30 million (roughly Rs. 258 crore) into startups focused on crypto, blockchain, and AI.
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OpenAI Fires Back At Musk Over Altruism Versus Greed Lawsuit
Musk filed a complaint in August claiming that co-founders Sam Altman and Greg Brockman manipulated him into investing in the startup, which at the start was a nonprofit organization.
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IIM Alumnus' Post On Indians Spending 60% Retirement Savings On Child's Foreign Studies Sparks Discussion
A startup founder has sparked a discussion online over the high cost of studying abroad. "Education is no more affordable," said, Aviral Bhatnagar, Founder and Managing Partner of AJVC, a pre-seed fund investing in Indian startups.
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Lenovo To Make AI Servers In India As Nation's Tech Push Deepens
Lenovo's plans mark another win for India as Prime Minister Narendra Modi tries to attract more technology investment into the country.
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OpenAI Fundraising Set to Boost Startup’s Valuation to $150 Billion
OpenAI is in talks to raise $6.5 billion (roughly Rs. 54,587 crore) from investors at a valuation of $150 billion (roughly Rs. 12,59,714 crore). The funding round is slated to be led by Thrive Capital, Bloomberg previously reported.
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Musks AI Side Gig Should Keep Its Distance From Tesla
If Tesla were to now actually invest billions in xAI, and/or share revenue with it, the potential conflict of interest could hardly be clearer.
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OpenAI Co-Founder Sutskever's New Safety-Focused AI Startup SSI Raises $1 billion
The Company currently has 10 employees and plans to use funds to acquire computing power and hire top talent. It will focus on building a small highly trusted team of researchers and engineers split between Palo Alto, California and Tel Aviv, Israe
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Nvidia Discusses Joining OpenAI's Latest Funding Round
Apple Inc. and Microsoft Corp. also have been in talks about participating in the financing that is led by Thrive Capital, which is investing about $1 billion
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OpenAI In Talks To Raise Funding At Over $100 Billion Valuation, WSJ Reports
he funding round is expected to be led by venture capital firm Thrive Capital, which is poised to invest approximately $1 billion
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Crypto Startups Bagged Over $2 Billion in Funding Across 503 Deals in Q2 2024: PitchBook
The latest report by PitchBook states that a total of $2.7 billion were invested into crypto startups between April and June this year. This amount is 2.5 percent higher than what was fetched by crypto startups between January and March.
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Reddit Acquires Generative AI Startup Memorable AI
Reddit is acquiring Memorable AI, a startup that uses generative artificial intelligence to help marketers create better ads, in its first acquisition since going public in March.
-
How AI And Cloud Computing May Delay The Transition To Clean Energy
Investment bank Morgan Stanley projects the global data-centre industry will produce around 2.5 billion metric tons of carbon dioxide equivalent through the end of the decade, the equivalent of Russia's annual emissions.
-
Amazon Doubles Down on AI Startup Anthropic With Another $4 Billion
Amazon has invested another $4 billion into Anthropic, as the firm plans to captialise on a boom in generative AI technology. The e-commerce giant has doubled its investment in the OpenAI competitor, known for its GenAI chatbot Claude, but it will remain a minority investor in the firm.
-
OpenAI, Google And Anthropic Are Struggling To Build More Advanced AI
The recent setbacks also raise doubts about the heavy investment in AI and the feasibility of reaching an overarching goal these companies are aggressively pursuing artificial general intelligence.
-
"Excellent News": PM Modi Lauds Cabinet's Approval Of Rs 1,000-Crore Fund For Space Sector
The fund will be deployed over five years, with planned investments ranging from Rs 150 crore to Rs 250 crore annually based on startup needs.
-
Investment Management Firm VanEck to Invest in Crypto and AI Startups: Details
VanEck has introduced an investment fund for early-stage startups under the VanEck Ventures brand. The firm plans to invest $30 million (roughly Rs. 258 crore) into startups focused on crypto, blockchain, and AI.
-
OpenAI Fires Back At Musk Over Altruism Versus Greed Lawsuit
Musk filed a complaint in August claiming that co-founders Sam Altman and Greg Brockman manipulated him into investing in the startup, which at the start was a nonprofit organization.
-
IIM Alumnus' Post On Indians Spending 60% Retirement Savings On Child's Foreign Studies Sparks Discussion
A startup founder has sparked a discussion online over the high cost of studying abroad. "Education is no more affordable," said, Aviral Bhatnagar, Founder and Managing Partner of AJVC, a pre-seed fund investing in Indian startups.
-
Lenovo To Make AI Servers In India As Nation's Tech Push Deepens
Lenovo's plans mark another win for India as Prime Minister Narendra Modi tries to attract more technology investment into the country.
-
OpenAI Fundraising Set to Boost Startup’s Valuation to $150 Billion
OpenAI is in talks to raise $6.5 billion (roughly Rs. 54,587 crore) from investors at a valuation of $150 billion (roughly Rs. 12,59,714 crore). The funding round is slated to be led by Thrive Capital, Bloomberg previously reported.
-
Musks AI Side Gig Should Keep Its Distance From Tesla
If Tesla were to now actually invest billions in xAI, and/or share revenue with it, the potential conflict of interest could hardly be clearer.
-
OpenAI Co-Founder Sutskever's New Safety-Focused AI Startup SSI Raises $1 billion
The Company currently has 10 employees and plans to use funds to acquire computing power and hire top talent. It will focus on building a small highly trusted team of researchers and engineers split between Palo Alto, California and Tel Aviv, Israe
-
Nvidia Discusses Joining OpenAI's Latest Funding Round
Apple Inc. and Microsoft Corp. also have been in talks about participating in the financing that is led by Thrive Capital, which is investing about $1 billion
-
OpenAI In Talks To Raise Funding At Over $100 Billion Valuation, WSJ Reports
he funding round is expected to be led by venture capital firm Thrive Capital, which is poised to invest approximately $1 billion
-
Crypto Startups Bagged Over $2 Billion in Funding Across 503 Deals in Q2 2024: PitchBook
The latest report by PitchBook states that a total of $2.7 billion were invested into crypto startups between April and June this year. This amount is 2.5 percent higher than what was fetched by crypto startups between January and March.
-
Reddit Acquires Generative AI Startup Memorable AI
Reddit is acquiring Memorable AI, a startup that uses generative artificial intelligence to help marketers create better ads, in its first acquisition since going public in March.
