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Byju's Founder Accused Of Trying To Regain Firm With Hidden Cash
The founder of bankrupt Indian tech firm Byju's tried to use loan proceeds that he allegedly hid from US lenders to secretly buy back a software company that was taken over by an American trustee, according to a new court filing.
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Meta Opens Its AI Models To US Defence Agencies And Contractors
The Facebook-parent company is making its large language models, called Llama, available to more than a dozen US agencies and contractors.
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OpenAI In Regulator Talks To Become For-Profit Company
The attorney general in Delaware also has been in communication about the nonprofit to for-profit shift, as detailed in a letter to OpenAI.
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Meta To Fight US Wars? Zuckerberg Allows Military To Use Its AI Models
The Mark Zuckerberg-owned social media company said it was playing its part in ensuring the safety and security of the United States.
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"He's A Hero": Nvidia CEO Gets Rock Star Welcome At AI Summit In India
Nvidia's leather-jacket-clad CEO Jensen Huang got a rock star welcome at the company's AI summit in India on Thursday, with passes sold out and tech enthusiasts spending thousands of rupees to travel to the event.
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Google to Buy Power for AI Needs from Small Modular Nuclear Reactor Company Kairos
Google's agreement with Kairos Power aims to bring Kairos' first small modular reactor online by 2030, followed by additional deployments through 2035. Kairos late last year got a construction permit from the NRC to build a demonstration reactor in Tennessee.
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US Charges Three Firms, 15 People With Cryptocurrency Fraud
Three cryptocurrency companies and 15 people have been charged with engaging in widespread fraud and market manipulation in the US. Federal prosecutors in Boston charged the firms Gotbit, ZM Quant, CLS Global and the leaders and employees of those and other companies in a takedown.
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Google’s AI Overviews Feature Reportedly Begins Showing Ads to Some Users
Google has reportedly begun showing ads on AI Overviews, the company’s artificial intelligence (AI) Search experience powered by Gemini. Previously known as Search Generated Experience (SGE), the feature was launched in the US earlier this year. Then, in August, it was expanded to six more countries including India. And recently, the tech giant h...
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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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OpenAI To Remove Non-Profit Control And Give Sam Altman Equity, Sources Say
The OpenAI non-profit will continue to exist and own a minority stake in the for-profit company, the sources said.
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Altman-Backed Startup Bets On Heat And The Sun To Tackle AI's Massive Carbon Footprint
Miami-based Exowatt launched a modular system to generate, store and dispatch clean energy on Tuesday. The company pairs a solar energy collector with a thermal battery that can deliver either heat or electricity.
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Amazon To Invest Over $10 Billion In UK In Boost For New Labour Government
US tech giant Amazon is to invest $10.5 billion in Britain over the next five years, creating thousands of jobs via its web services arm, the company and UK government announced Wednesday.
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Google's Antitrust Trial Over Online Advertising Set to Begin
Google will face US antitrust prosecutors on Monday where the Justice Department will seek to show the company stifled competition in online advertising technology. Prosecutors say Google engaged in a complex scheme to dominate website advertising tools.
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Nvidia Gets DOJ Subpoena In Escalating Antitrust Probe
The DOJ, which had previously delivered questionnaires to companies, is now sending legally binding requests that oblige recipients to provide information
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US To Award HP $50 Million For Semiconductor Technologies Project
The US Commerce Department said Tuesday it plans to award $50 million to HP to support the expansion and modernization of an existing company facility in Oregon that will boost key semiconductor technologies.
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Byju's Founder Accused Of Trying To Regain Firm With Hidden Cash
The founder of bankrupt Indian tech firm Byju's tried to use loan proceeds that he allegedly hid from US lenders to secretly buy back a software company that was taken over by an American trustee, according to a new court filing.
-
Meta Opens Its AI Models To US Defence Agencies And Contractors
The Facebook-parent company is making its large language models, called Llama, available to more than a dozen US agencies and contractors.
-
OpenAI In Regulator Talks To Become For-Profit Company
The attorney general in Delaware also has been in communication about the nonprofit to for-profit shift, as detailed in a letter to OpenAI.
-
Meta To Fight US Wars? Zuckerberg Allows Military To Use Its AI Models
The Mark Zuckerberg-owned social media company said it was playing its part in ensuring the safety and security of the United States.
-
"He's A Hero": Nvidia CEO Gets Rock Star Welcome At AI Summit In India
Nvidia's leather-jacket-clad CEO Jensen Huang got a rock star welcome at the company's AI summit in India on Thursday, with passes sold out and tech enthusiasts spending thousands of rupees to travel to the event.
-
Google to Buy Power for AI Needs from Small Modular Nuclear Reactor Company Kairos
Google's agreement with Kairos Power aims to bring Kairos' first small modular reactor online by 2030, followed by additional deployments through 2035. Kairos late last year got a construction permit from the NRC to build a demonstration reactor in Tennessee.
-
US Charges Three Firms, 15 People With Cryptocurrency Fraud
Three cryptocurrency companies and 15 people have been charged with engaging in widespread fraud and market manipulation in the US. Federal prosecutors in Boston charged the firms Gotbit, ZM Quant, CLS Global and the leaders and employees of those and other companies in a takedown.
-
Google’s AI Overviews Feature Reportedly Begins Showing Ads to Some Users
Google has reportedly begun showing ads on AI Overviews, the company’s artificial intelligence (AI) Search experience powered by Gemini. Previously known as Search Generated Experience (SGE), the feature was launched in the US earlier this year. Then, in August, it was expanded to six more countries including India. And recently, the tech giant h...
-
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.
-
OpenAI To Remove Non-Profit Control And Give Sam Altman Equity, Sources Say
The OpenAI non-profit will continue to exist and own a minority stake in the for-profit company, the sources said.
-
Altman-Backed Startup Bets On Heat And The Sun To Tackle AI's Massive Carbon Footprint
Miami-based Exowatt launched a modular system to generate, store and dispatch clean energy on Tuesday. The company pairs a solar energy collector with a thermal battery that can deliver either heat or electricity.
-
Amazon To Invest Over $10 Billion In UK In Boost For New Labour Government
US tech giant Amazon is to invest $10.5 billion in Britain over the next five years, creating thousands of jobs via its web services arm, the company and UK government announced Wednesday.
-
Google's Antitrust Trial Over Online Advertising Set to Begin
Google will face US antitrust prosecutors on Monday where the Justice Department will seek to show the company stifled competition in online advertising technology. Prosecutors say Google engaged in a complex scheme to dominate website advertising tools.
-
Nvidia Gets DOJ Subpoena In Escalating Antitrust Probe
The DOJ, which had previously delivered questionnaires to companies, is now sending legally binding requests that oblige recipients to provide information
-
US To Award HP $50 Million For Semiconductor Technologies Project
The US Commerce Department said Tuesday it plans to award $50 million to HP to support the expansion and modernization of an existing company facility in Oregon that will boost key semiconductor technologies.
