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US Space Startup Firefly Aerospace Valued At Over $2 Billion In Latest Funding Round
Firefly Aerospace has raised $175 million in a late-stage funding round led by RPM Ventures, valuing the space startup at more than $2 billion, it said on Tuesday.
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Nothing Exploring Development of Own Mobile OS as Android Alternative, Carl Pei Says
Nothing is exploring the development of its own mobile operating system, according to a statement from Nothing CEO and founder Carl Pei at TechCrunch Disrupt. The company's devices currently run on Google's Android system, like smartphones from most companies except Huawei and Apple.
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Elon Musk's xAI Aims For $40 Billion Valuation As Grok Challenges ChatGPT
Elon Musk's AI startup xAI is in talks with investors for a funding round that would value the company at around $40 billion, the Wall Street Journal reported on Tuesday, citing people familiar with the matter.
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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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AI Search Startup Perplexity In Talks For $9 Billion Valuation
The new valuation, which includes the amount the company would raise, could triple its previous value of $3 billion from a funding round earlier this year.
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Former OpenAI CTO Mira Murati Said to Be Raising Capital for New AI Startup
Mira Murati is said to be raising funds from venture capitalists for a new AI startup. The former OpenAI CTO, who spent over six years spearheading transformative projects like ChatGPT and DALL-E, is looking to build AI products based on proprietary models. It is not clear if Murati will assume the CEO role at the new venture.
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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 Raises $6.6 Billion In Funds At $157 Billion Value
In a statement, the company said it would use the cash influx to drive forward AI research and increase its computing capacity.
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Bengaluru Startup CEO Reveals Co-Founder's Intense Work Routine: "Coding Until 2 am"
The CEO acknowledged that this level of commitment isn't typical, but emphasized that startup life, especially without external funding, demands pushing boundaries.
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Google Will Fund Global AI Education At The Cost Of 120M Dollars: Sundar Pichai
Pichai announced "Global AI Opportunity Fund" at the event and said that the AI education will be done in local languages, in partnerships with nonprofits and NGOs.
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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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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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OpenAI Co-Founder Raises $1 Billion for Safety-Focussed AI Startup SSI
The SSI, which currently has 10 employees, plans to use the 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, Israel.
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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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Bengaluru Intern Quits Company After Securing Funding For Own Startup, Internet Amused
When Mr Sridharan enquired about the intern's absence on Friday, the latter casually mentioned meeting a venture capitalist.
![Gadgets 360 With Technical Guruji: Did You Know? [June 1, 2024]](https://c.ndtvimg.com/2024-06/laj0n57g_did-you-know_640x480_01_June_24.jpg?downsize=245:163 "Gadgets 360 With Technical Guruji: Did You Know? [June 1, 2024]")
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US Space Startup Firefly Aerospace Valued At Over $2 Billion In Latest Funding Round
Firefly Aerospace has raised $175 million in a late-stage funding round led by RPM Ventures, valuing the space startup at more than $2 billion, it said on Tuesday.
-
Nothing Exploring Development of Own Mobile OS as Android Alternative, Carl Pei Says
Nothing is exploring the development of its own mobile operating system, according to a statement from Nothing CEO and founder Carl Pei at TechCrunch Disrupt. The company's devices currently run on Google's Android system, like smartphones from most companies except Huawei and Apple.
-
Elon Musk's xAI Aims For $40 Billion Valuation As Grok Challenges ChatGPT
Elon Musk's AI startup xAI is in talks with investors for a funding round that would value the company at around $40 billion, the Wall Street Journal reported on Tuesday, citing people familiar with the matter.
-
"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.
-
AI Search Startup Perplexity In Talks For $9 Billion Valuation
The new valuation, which includes the amount the company would raise, could triple its previous value of $3 billion from a funding round earlier this year.
-
Former OpenAI CTO Mira Murati Said to Be Raising Capital for New AI Startup
Mira Murati is said to be raising funds from venture capitalists for a new AI startup. The former OpenAI CTO, who spent over six years spearheading transformative projects like ChatGPT and DALL-E, is looking to build AI products based on proprietary models. It is not clear if Murati will assume the CEO role at the new venture.
-
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 Raises $6.6 Billion In Funds At $157 Billion Value
In a statement, the company said it would use the cash influx to drive forward AI research and increase its computing capacity.
-
Bengaluru Startup CEO Reveals Co-Founder's Intense Work Routine: "Coding Until 2 am"
The CEO acknowledged that this level of commitment isn't typical, but emphasized that startup life, especially without external funding, demands pushing boundaries.
-
Google Will Fund Global AI Education At The Cost Of 120M Dollars: Sundar Pichai
Pichai announced "Global AI Opportunity Fund" at the event and said that the AI education will be done in local languages, in partnerships with nonprofits and NGOs.
-
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.
-
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.
-
OpenAI Co-Founder Raises $1 Billion for Safety-Focussed AI Startup SSI
The SSI, which currently has 10 employees, plans to use the 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, Israel.
-
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
-
Bengaluru Intern Quits Company After Securing Funding For Own Startup, Internet Amused
When Mr Sridharan enquired about the intern's absence on Friday, the latter casually mentioned meeting a venture capitalist.
