Technology Fund

The time to act is now, and the $10 billion fund of funds for deep technologies like AI and robotics is pivotal in unlocking Viksit India's vast potential. Delaying action risks this goal becoming an unattainable mirage within the next five years.

Noting that criminals have been using the latest technology for funding and operating across regions, Prime Minister Narendra Modi on Saturday pitched for expanding cooperation between countries for investigation and justice delivery.

OpenAI is in early talks to raise new funding at a valuation at or above $100 billion, making the firm one of the most valuable startups in the world, and second to Elon Musk's Space Exploration Technologies in valuation in the US, according to CBInsights data.

The UNESCO-Carlos J Finlay Prize for Microbiology is funded by the government of Cuba and the applications for the same should be sent to the UN organisation by October 20.

For a decade until 2018, China sought to recruit elite foreign-trained scientists under a lavishly funded program that Washington viewed as a threat to U.S. interests and technological supremacy.

Exponent Energy, an Indian rapid charging startup, is in talks with new and existing investors to raise money to expand its energy services business to three-wheeled passenger vehicles and buses, its chief executive told Reuters in an interview. The electric vehicle batteries can be fully charged in 15 minutes using its rapid charger.

South Korea has filed a suit against an order to pay hedge fund Elliott more than $50 million in damages over the controversial 2015 merger of two Samsung affiliates, Seoul's justice ministry said Tuesday.

AI-focussed Web3 startup Olympix has raised $4.3 million (roughly Rs. 35 crore) in a seed funding round. With the craze around AI picking pace around the world, industry members from the Web3 sector are pacing to integrate the technology with blockchain. Venture capitalists are also rooting for this combination given the millions they are pouring o...

The Indian government is poised to deny crucial funding for Anil Agarwal's chip venture, Bloomberg News reported on Tuesday, a setback to the billionaire's ambition to build India's 'own Silicon Valley.' The authorities are likely to inform the venture between Vedanta and Taiwan's Foxconn that it won't get incentives to make 28-nanometer chips, the...

OpenAI, the startup behind the popular ChatGPT artificial intelligence chatbot, said Thursday it will award 10 equal grants from a fund of $1 million (roughly Rs. 8.2 crore) for experiments in democratic processes to determine how AI software should be governed to address bias and other factors.

Hackers and scammers are now using artificial intelligence (AI) deepfake technology in order to breach the security of crypto exchanges and Web3 related firms. If scammers succeed in creating deepfakes of crypto investors, their chances of bypassing facial recognition or voice recognition security layers of crypto platforms and stealing user funds ...

India’s CoinDCX crypto exchange has upgraded its crypto wallet service Okto with artificial intelligence (AI) and machine learning (ML) technologies to increase the safety of its users’ funds against phishing scams and hacks. It is, however, noteworthy, that AI and ML on Okto will analyse how users interact with their devices, applications, and...

A fraud in northern China that used sophisticated "deepfake" technology to convince a man to transfer money to a supposed friend has sparked concern about the potential of artificial intelligence (AI) techniques to aid financial crimes.

Bhutan’s investment arm and Nasdaq-listed company Bitdeer Technologies Group plan to seek investors for a fund worth up to $500 million that will be used to develop green crypto mining in the Himalayan kingdom.

Meta Platforms emerged as the first mega-cap technology company to tap the US investment-grade bond market as turmoil in the financial sector has toppled five banks since March. The social-media behemoth, which reported earnings last week, is looking to raise $7 billion (nearly Rs. 57,250 crore) in a five-part deal, according to a person familiar ...

The time to act is now, and the $10 billion fund of funds for deep technologies like AI and robotics is pivotal in unlocking Viksit India's vast potential. Delaying action risks this goal becoming an unattainable mirage within the next five years.

Noting that criminals have been using the latest technology for funding and operating across regions, Prime Minister Narendra Modi on Saturday pitched for expanding cooperation between countries for investigation and justice delivery.

OpenAI is in early talks to raise new funding at a valuation at or above $100 billion, making the firm one of the most valuable startups in the world, and second to Elon Musk's Space Exploration Technologies in valuation in the US, according to CBInsights data.

The UNESCO-Carlos J Finlay Prize for Microbiology is funded by the government of Cuba and the applications for the same should be sent to the UN organisation by October 20.

For a decade until 2018, China sought to recruit elite foreign-trained scientists under a lavishly funded program that Washington viewed as a threat to U.S. interests and technological supremacy.

Exponent Energy, an Indian rapid charging startup, is in talks with new and existing investors to raise money to expand its energy services business to three-wheeled passenger vehicles and buses, its chief executive told Reuters in an interview. The electric vehicle batteries can be fully charged in 15 minutes using its rapid charger.

South Korea has filed a suit against an order to pay hedge fund Elliott more than $50 million in damages over the controversial 2015 merger of two Samsung affiliates, Seoul's justice ministry said Tuesday.

AI-focussed Web3 startup Olympix has raised $4.3 million (roughly Rs. 35 crore) in a seed funding round. With the craze around AI picking pace around the world, industry members from the Web3 sector are pacing to integrate the technology with blockchain. Venture capitalists are also rooting for this combination given the millions they are pouring o...

The Indian government is poised to deny crucial funding for Anil Agarwal's chip venture, Bloomberg News reported on Tuesday, a setback to the billionaire's ambition to build India's 'own Silicon Valley.' The authorities are likely to inform the venture between Vedanta and Taiwan's Foxconn that it won't get incentives to make 28-nanometer chips, the...

OpenAI, the startup behind the popular ChatGPT artificial intelligence chatbot, said Thursday it will award 10 equal grants from a fund of $1 million (roughly Rs. 8.2 crore) for experiments in democratic processes to determine how AI software should be governed to address bias and other factors.

Hackers and scammers are now using artificial intelligence (AI) deepfake technology in order to breach the security of crypto exchanges and Web3 related firms. If scammers succeed in creating deepfakes of crypto investors, their chances of bypassing facial recognition or voice recognition security layers of crypto platforms and stealing user funds ...

India’s CoinDCX crypto exchange has upgraded its crypto wallet service Okto with artificial intelligence (AI) and machine learning (ML) technologies to increase the safety of its users’ funds against phishing scams and hacks. It is, however, noteworthy, that AI and ML on Okto will analyse how users interact with their devices, applications, and...

A fraud in northern China that used sophisticated "deepfake" technology to convince a man to transfer money to a supposed friend has sparked concern about the potential of artificial intelligence (AI) techniques to aid financial crimes.

Bhutan’s investment arm and Nasdaq-listed company Bitdeer Technologies Group plan to seek investors for a fund worth up to $500 million that will be used to develop green crypto mining in the Himalayan kingdom.

Meta Platforms emerged as the first mega-cap technology company to tap the US investment-grade bond market as turmoil in the financial sector has toppled five banks since March. The social-media behemoth, which reported earnings last week, is looking to raise $7 billion (nearly Rs. 57,250 crore) in a five-part deal, according to a person familiar ...