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Robinhood Acquires Bitstamp for $200 Million, Adds Over 50 Licences to Network
Robinhood has officially acquired Luxembourg-headquartered crypto exchange Bitstamp. In an announcement posted on June 2, Robinhood revealed that it paid $200 million (roughly Rs. 1,709 crore) in cash to complete this acquisition.
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World's Largest AI Data Center To Be Build In This City
Chat GPT's parent company Open AI on Thursday announced a partnership with the United Arab Emirates for first ever international deployment of Stargate OpenAI's AI infrastructure platform in Abu Dhabi, UAE. This will be world's largest AI data Centre
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FalconX Partners With Standard Chartered to Serve Institutional Crypto Investors
FalconX has announced a partnered with the Standard Chartered bank on Wednesday. Under the partnership, FalconX said it will integrate the bank's traditional finance infrastructure into its own offerings and cater to institutional investors.
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OpenAI for Countries Initiative to Build AI Infrastructure for More Countries Announced
OpenAI announced a new initiative on Wednesday aimed at helping countries outside of the US build artificial intelligence (AI) infrastructure. Dubbed OpenAI for Countries, the initiative is part of the Stargate Project it announced in January. While Stargate Project is primarily focused on developing AI infrastructure in the US, the new initiative ...
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"We Might Have Something...": OpenAI's Sam Altman Announces Hiring
OpenAI CEO Sam Altman has issued a hiring call, urging experts in infrastructure and large-scale computing to join the AI company as it scales rapidly.
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Bengaluru To Get Flyovers, Tunnel Roads In Move To Ease Traffic: DK Shivakumar
Karnataka Deputy Chief Minister DK Shivakumar on Thursday announced that double-decker flyovers, tunnel roads, buffer roads, elevated corridors, and other infrastructure projects are planned to ease Bengaluru's traffic congestion.
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WazirX Partners With BitGo for Asset Custody Services Amid Ongoing Financial Restructuring
On Wednesday, March 12, WazirX announced BitGo as its official asset custodian. Through this partnership, WazirX will leverage BitGo’s institutional-grade infrastructure, multi-signature wallets, and insurance coverage of up to $250 million (approximately Rs. 2,180 crore) to restore community trust.Â
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Adani Group To Invest Rs 50,000 Crore In Assam Across Multiple Sectors
The Adani Group has announced a significant investment of Rs 50,000 crore in Assam, spanning key infrastructure sectors such as airports, aero cities, city gas distribution, transmission, cement, and road projects.
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UAE Government Partners Shiba Inu to Bring Web3 Technology to Public Sector Services
Shiba Inu announced the development on February 4, saying that its decentralised ShibOS operating system can help the UAE government with solutions around sustainable energy, green infrastructure solutions, decentralised finance, smart governance, and AI automation.
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Budget 2025: Tech in Focus With Framework for GCCs, New 'Fund of Funds' for startups, CoE for AI
Finance Minister Nirmala Sitharaman announced a national framework for Global Capability Centres (GCCs), a Rs 500-crore Centre of Excellence in AI for education, and a deep tech 'Fund of Funds' in the Union Budget. The framework will guide states in promoting GCCs in Tier-2 cities, enhancing talent and infrastructure, building byelaw reforms, and f...
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Finance Minister Announces Rs 1 Lakh Crore Fund To Ramp Up Urban Infrastructure
To boost urban infrastructure, Union Finance Minister Nirmala Sitharaman on Saturday announced that the government will set up an Urban Challenge Fund of Rs 1 lakh crore to implement the proposals for 'cities as growth hubs'.
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India to Develop Native Generative AI Models in Six to Eight Months, Says Ashwini Vaishnaw
India will build native generative artificial intelligence (AI) models within six to eight months, the Union Minister of Electronics and Information Technology (IT) Ashwini Vaishnaw announced on Thursday. The initiative was announced at the Utkarsh Odisha Conclave, where the minister also revealed that the DeepSeek-R1 AI model has been implemented ...
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Mark Zuckerberg Says Meta to Spend Up to $65 Billion on AI in 2025
Mark Zuckerberg plans to invest as much as $65 billion (roughly Rs. 5,61,908 crore) on projects related to artificial intelligence in 2025. Zuckerberg’s announcement comes days after OpenAI, SoftBank Group Corp. and Oracle Corp. announced a $100 billion (roughly Rs. 8,64,404 crore) joint venture called Stargate to build out data centers and A...
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Elon Musk Lashes Out As Trump Backs Sam Altman For World's Largest AI Project
The Stargate project, led by OpenAI's Sam Altman - to build the "world's largest AI infrastructure" - was announced by Donald Trump at a special press conference at the White House. Elon Musk, however, has cast his doubt over the mega project.
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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.
-
Robinhood Acquires Bitstamp for $200 Million, Adds Over 50 Licences to Network
Robinhood has officially acquired Luxembourg-headquartered crypto exchange Bitstamp. In an announcement posted on June 2, Robinhood revealed that it paid $200 million (roughly Rs. 1,709 crore) in cash to complete this acquisition.
-
World's Largest AI Data Center To Be Build In This City
Chat GPT's parent company Open AI on Thursday announced a partnership with the United Arab Emirates for first ever international deployment of Stargate OpenAI's AI infrastructure platform in Abu Dhabi, UAE. This will be world's largest AI data Centre
-
FalconX Partners With Standard Chartered to Serve Institutional Crypto Investors
FalconX has announced a partnered with the Standard Chartered bank on Wednesday. Under the partnership, FalconX said it will integrate the bank's traditional finance infrastructure into its own offerings and cater to institutional investors.
-
OpenAI for Countries Initiative to Build AI Infrastructure for More Countries Announced
OpenAI announced a new initiative on Wednesday aimed at helping countries outside of the US build artificial intelligence (AI) infrastructure. Dubbed OpenAI for Countries, the initiative is part of the Stargate Project it announced in January. While Stargate Project is primarily focused on developing AI infrastructure in the US, the new initiative ...
-
"We Might Have Something...": OpenAI's Sam Altman Announces Hiring
OpenAI CEO Sam Altman has issued a hiring call, urging experts in infrastructure and large-scale computing to join the AI company as it scales rapidly.
-
Bengaluru To Get Flyovers, Tunnel Roads In Move To Ease Traffic: DK Shivakumar
Karnataka Deputy Chief Minister DK Shivakumar on Thursday announced that double-decker flyovers, tunnel roads, buffer roads, elevated corridors, and other infrastructure projects are planned to ease Bengaluru's traffic congestion.
-
WazirX Partners With BitGo for Asset Custody Services Amid Ongoing Financial Restructuring
On Wednesday, March 12, WazirX announced BitGo as its official asset custodian. Through this partnership, WazirX will leverage BitGo’s institutional-grade infrastructure, multi-signature wallets, and insurance coverage of up to $250 million (approximately Rs. 2,180 crore) to restore community trust.Â
-
Adani Group To Invest Rs 50,000 Crore In Assam Across Multiple Sectors
The Adani Group has announced a significant investment of Rs 50,000 crore in Assam, spanning key infrastructure sectors such as airports, aero cities, city gas distribution, transmission, cement, and road projects.
-
UAE Government Partners Shiba Inu to Bring Web3 Technology to Public Sector Services
Shiba Inu announced the development on February 4, saying that its decentralised ShibOS operating system can help the UAE government with solutions around sustainable energy, green infrastructure solutions, decentralised finance, smart governance, and AI automation.
-
Budget 2025: Tech in Focus With Framework for GCCs, New 'Fund of Funds' for startups, CoE for AI
Finance Minister Nirmala Sitharaman announced a national framework for Global Capability Centres (GCCs), a Rs 500-crore Centre of Excellence in AI for education, and a deep tech 'Fund of Funds' in the Union Budget. The framework will guide states in promoting GCCs in Tier-2 cities, enhancing talent and infrastructure, building byelaw reforms, and f...
-
Finance Minister Announces Rs 1 Lakh Crore Fund To Ramp Up Urban Infrastructure
To boost urban infrastructure, Union Finance Minister Nirmala Sitharaman on Saturday announced that the government will set up an Urban Challenge Fund of Rs 1 lakh crore to implement the proposals for 'cities as growth hubs'.
-
India to Develop Native Generative AI Models in Six to Eight Months, Says Ashwini Vaishnaw
India will build native generative artificial intelligence (AI) models within six to eight months, the Union Minister of Electronics and Information Technology (IT) Ashwini Vaishnaw announced on Thursday. The initiative was announced at the Utkarsh Odisha Conclave, where the minister also revealed that the DeepSeek-R1 AI model has been implemented ...
-
Mark Zuckerberg Says Meta to Spend Up to $65 Billion on AI in 2025
Mark Zuckerberg plans to invest as much as $65 billion (roughly Rs. 5,61,908 crore) on projects related to artificial intelligence in 2025. Zuckerberg’s announcement comes days after OpenAI, SoftBank Group Corp. and Oracle Corp. announced a $100 billion (roughly Rs. 8,64,404 crore) joint venture called Stargate to build out data centers and A...
-
Elon Musk Lashes Out As Trump Backs Sam Altman For World's Largest AI Project
The Stargate project, led by OpenAI's Sam Altman - to build the "world's largest AI infrastructure" - was announced by Donald Trump at a special press conference at the White House. Elon Musk, however, has cast his doubt over the mega project.
-
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.
