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OpenAI Partners Nvidia, Microsoft, SoftBank and Others for New 'Stargate Project' to Build AI Infrastructure
OpenAI announced the formation of a new company dubbed The Stargate Project on Tuesday. The new venture of the firm will focus on building artificial intelligence (AI) infrastructure in the US. The company announced that it will spend a total of $500 billion (roughly Rs. 43 lakh crore) to build the capacity.
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Microsoft Partners With OpenAI's French Rival Mistral to Make Its AI Models Available on Azure
Microsoft will make French startup Mistral AI's artificial intelligence models available through its Azure cloud computing platform under a new partnership, the companies said on Monday.
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Don’t Fret About Students Using ChatGPT to Cheat – AI Is a Bigger Threat to Educational Equality
Schools and universities are panicking about artificial intelligence (AI) and cheating. But AI presents far more significant threats to equity in education.
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World Is "300 Years Away" From Gender Equity, UN Chief Warns
Inequities in other areas of the workforce, such as artificial intelligence, where just one out of every five employees is a woman, were also criticised by Guterres.
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Blackstone Chief Donates $188 Million To Oxford University
The head of private equity firm Blackstone has pledged $188.37 million to Oxford University, the biggest single donation in its history, to fund a centre for humanities that would also house an institute to study the ethics of artificial intelligence
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"In Hindsight It Looks A Mistake": Fund Manager Admits Misjudgement After Investor Wealth Falls 44%
"I write to my investors whenever I feel like communicating something in the natural course of service," portfolio manager Porinju Veliyath said he had written in a note.
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SIS IPO Opens On July 31; To Raise Upto Rs 780 Crore
The IPO comprises a fresh issue of equity shares valuing up to Rs 362.25 crore and an offer for sale of up to 5,120,619 equity shares to be diluted by investors and promoters, the company said at a press conference here today.
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Cimmco Shares Extend Gains, Hit 52-Week High After Porinju Veliyath Buys Stake
Mr Veliyath Equity Intelligence India Private Limited had on March 23, 2017 bought 2.12 lakh shares of Cimmco at weighted average price of Rs 69.95 per share.
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At $15.2 Billion, 2016 Second-Biggest Year For Private Equity Investments
According to Venture Intelligence, private equity investors bet $15.2 billion across 620 deals in 2016 while in 2015, it was $17.3 billion across 775 transactions.
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Porinju Veliyath's Top Picks: Arvind Infra, NIIT, Tata Global
Porinju Veliyath, managing director and portfolio manager, Equity Intelligence spoke to NDTV and said people give unnecessary importance to global developments.
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Equity Intelligence Hikes Stake in Jubilant Industries by 2.1%
Based on the closing price of the stock on September 4, at Rs 265.80 apiece, the transaction is estimated to have been valued at Rs 6.61 crore.
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PE Investments Reaches $7.47 Billion in H1 2015: Study
According to the PwC MoneyTree India report, a quarterly study of PE investment activity based on data provided by Venture Intelligence, such investments in the quarter totaled to $4.29 billion across 135 deals, up 35 per cent over the previous quarter when 172 deals worth $3.18 billion were announced.
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PE Firms Invest $4 Billion in June Quarter: Report
Private Equity firms have invested about $4 billion through 128 deals during the quarter ended June, up 80 per cent year-on-year in value terms, according to a report.
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Private Equity Firms Invest $2.8 Billion in Q4 of FY15: PWC
According to the PwC MoneyTree India report, a quarterly study of private equity investment activity based on data provided by Venture Intelligence, PE deal value in the first quarter of this year surged by 15 per cent over last year when 144 deals worth $2.42 billion were announced.
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PE firms invest $2.27 billion via 89 deals in Q1 2014: Report
According to Venture Intelligence, a research service focused on private company financials, transactions and valuations in India, the investments were almost twice of what was invested in the same period last year.
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OpenAI Partners Nvidia, Microsoft, SoftBank and Others for New 'Stargate Project' to Build AI Infrastructure
OpenAI announced the formation of a new company dubbed The Stargate Project on Tuesday. The new venture of the firm will focus on building artificial intelligence (AI) infrastructure in the US. The company announced that it will spend a total of $500 billion (roughly Rs. 43 lakh crore) to build the capacity.
-
Microsoft Partners With OpenAI's French Rival Mistral to Make Its AI Models Available on Azure
Microsoft will make French startup Mistral AI's artificial intelligence models available through its Azure cloud computing platform under a new partnership, the companies said on Monday.
-
Don’t Fret About Students Using ChatGPT to Cheat – AI Is a Bigger Threat to Educational Equality
Schools and universities are panicking about artificial intelligence (AI) and cheating. But AI presents far more significant threats to equity in education.
-
World Is "300 Years Away" From Gender Equity, UN Chief Warns
Inequities in other areas of the workforce, such as artificial intelligence, where just one out of every five employees is a woman, were also criticised by Guterres.
-
Blackstone Chief Donates $188 Million To Oxford University
The head of private equity firm Blackstone has pledged $188.37 million to Oxford University, the biggest single donation in its history, to fund a centre for humanities that would also house an institute to study the ethics of artificial intelligence
-
"In Hindsight It Looks A Mistake": Fund Manager Admits Misjudgement After Investor Wealth Falls 44%
"I write to my investors whenever I feel like communicating something in the natural course of service," portfolio manager Porinju Veliyath said he had written in a note.
-
SIS IPO Opens On July 31; To Raise Upto Rs 780 Crore
The IPO comprises a fresh issue of equity shares valuing up to Rs 362.25 crore and an offer for sale of up to 5,120,619 equity shares to be diluted by investors and promoters, the company said at a press conference here today.
-
Cimmco Shares Extend Gains, Hit 52-Week High After Porinju Veliyath Buys Stake
Mr Veliyath Equity Intelligence India Private Limited had on March 23, 2017 bought 2.12 lakh shares of Cimmco at weighted average price of Rs 69.95 per share.
-
At $15.2 Billion, 2016 Second-Biggest Year For Private Equity Investments
According to Venture Intelligence, private equity investors bet $15.2 billion across 620 deals in 2016 while in 2015, it was $17.3 billion across 775 transactions.
-
Porinju Veliyath's Top Picks: Arvind Infra, NIIT, Tata Global
Porinju Veliyath, managing director and portfolio manager, Equity Intelligence spoke to NDTV and said people give unnecessary importance to global developments.
-
Equity Intelligence Hikes Stake in Jubilant Industries by 2.1%
Based on the closing price of the stock on September 4, at Rs 265.80 apiece, the transaction is estimated to have been valued at Rs 6.61 crore.
-
PE Investments Reaches $7.47 Billion in H1 2015: Study
According to the PwC MoneyTree India report, a quarterly study of PE investment activity based on data provided by Venture Intelligence, such investments in the quarter totaled to $4.29 billion across 135 deals, up 35 per cent over the previous quarter when 172 deals worth $3.18 billion were announced.
-
PE Firms Invest $4 Billion in June Quarter: Report
Private Equity firms have invested about $4 billion through 128 deals during the quarter ended June, up 80 per cent year-on-year in value terms, according to a report.
-
Private Equity Firms Invest $2.8 Billion in Q4 of FY15: PWC
According to the PwC MoneyTree India report, a quarterly study of private equity investment activity based on data provided by Venture Intelligence, PE deal value in the first quarter of this year surged by 15 per cent over last year when 144 deals worth $2.42 billion were announced.
-
PE firms invest $2.27 billion via 89 deals in Q1 2014: Report
According to Venture Intelligence, a research service focused on private company financials, transactions and valuations in India, the investments were almost twice of what was invested in the same period last year.
