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India Deep Tech Investment Alliance Announced by US and Indian Equity Firms: 5 Things to Know
A consortium of Indian and US-based investors on Tuesday announced a new alliance to support and mentor deep tech startups in India. The coalition, called the India Deep Tech Investment Alliance (IDTA), brings together eight prominent equity firms from both countries with the aim of bolstering India-US deep tech collaboration.
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Humans In Demand To Clean Up AI's Mess Amid Job Loss Fears
Companies and startups are now turning to human experts to fix the mess created by the use of artificial intelligence.
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A Warning On Start-Up Valuations By Narayana Murthy-Owned Firm
The family office of tech billionaire Narayana Murthy is growing cautious on startups in India, pointing to steep discounts driven by funds that need to exit their investments.
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Perplexity Reportedly Offers to Buy Google Chrome for More Than Its Own Valuation
Artificial intelligence (AI) startup Perplexity on Tuesday launched an audacious bid to buy the Google Chrome browser in its entirety, according to a report. The Aravind Srinivas-led company is said to have offered Google $34.5 billion (roughly Rs. 3.02 lakh crore) for the rights to the world’s most popular web browser, a sum which is even higher...
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Superintelligence Will Create A New Era For Humanity And Empowerment, Mark Zuckerberg Says
Meta is investing billions in AI development, with CEO Mark Zuckerberg claiming that achieving "superintelligence" is now within reach.
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Bryan Johnson Says AI Will Help Him Live Forever by Moving from a Biological to Computational System: Report
Bryan Johnson, the CEO of anti-ageing company Blueprint, reportedly said that his vision of living forever goes through artificial intelligence (AI). In an interview, the tech entrepreneur who has invested millions of dollars and multiple years to reverse his ageing in efforts to increase longevity of life, highlighted that he was now shifting his ...
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Tesla Shareholders To Have An Option To Invest In xAI: Elon Musk
Tesla will give its shareholders the option to invest in artificial intelligence startup xAI, billionaire owner of both companies Elon Musk said on his social media platform X.
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SpaceX To Invest $2 Billion In Musk's xAI Startup: Report
SpaceX has committed $2 billion to xAI as part of a $5 billion equity round, deepening the ties between tech billionaire Elon Musk's ventures as his artificial intelligence startup races to compete with rival OpenAI, a report said.
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Meta Discussed Buying Perplexity Before Investing in Scale
Meta held discussions with AI search startup Perplexity AI about a possible takeover. The talks with Meta, which have not previously been reported, highlight Meta CEO Mark Zuckerberg’s willingness to use deals and big hires to catch up in the AI race.
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Sam Altman Says Meta Offered $100 Million Bonuses to Recruit OpenAI Employees
Sam Altman said that Meta has offered his employees bonuses of $100 million (roughly Rs. 863 crore) to recruit them. The alleged attempts by Meta to hire OpenAI staffers are the latest signs of a frenzy to hire top engineers to develop AI models.
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Musk's xAI Burns Through $1 Billion A Month As Costs Pile Up
Elon Musk's artificial intelligence startup xAI is burning through $1 billion a month as the cost of building its advanced AI models races ahead of the limited revenues.
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Meta Invests Over $10 Million In Scale AI, Takes In CEO Alexandr Wang
Scale AI announced a major new investment by Meta late Thursday that values the startup at more than $29 billion and puts its founder to work for the tech titan.
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Meta Set to Throw Billions at Startup That Leads AI Data Market
Meta is in talks to make a multibillion-dollar investment in Scale AI. The financing may exceed $10 billion (roughly Rs. 85,533 crore) in value, making it one of the largest private company funding events of all time.
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Microsoft Is Key Holdout for OpenAI Restructuring Plan
OpenAI has walked back part of its effort to create a more conventional for-profit company. Microsoft, which has invested $13.75 billion (roughly Rs. 1,15,878 crore) in the startup, remains the biggest holdout among investors as the ChatGPT maker tries to restructure, according to several people familiar with the matter.
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Elon Musk-Led Group Makes $97.4 Billion Bid for Control of OpenAI, Sam Altman Says 'No Thank You'
Elon Musk-led group of investors offered to purchase OpenAI's non-profit parent firm for $97.4 billion (roughly Rs. 8,46,576 crore). In response, OpenAI Chief Executive Officer Sam Altman posted on Musk’s X social-media platform: “No thank you but we will buy twitter for $9.74 billion (roughly Rs. 8,46,576 crore) if you want.
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India Deep Tech Investment Alliance Announced by US and Indian Equity Firms: 5 Things to Know
A consortium of Indian and US-based investors on Tuesday announced a new alliance to support and mentor deep tech startups in India. The coalition, called the India Deep Tech Investment Alliance (IDTA), brings together eight prominent equity firms from both countries with the aim of bolstering India-US deep tech collaboration.
-
Humans In Demand To Clean Up AI's Mess Amid Job Loss Fears
Companies and startups are now turning to human experts to fix the mess created by the use of artificial intelligence.
-
A Warning On Start-Up Valuations By Narayana Murthy-Owned Firm
The family office of tech billionaire Narayana Murthy is growing cautious on startups in India, pointing to steep discounts driven by funds that need to exit their investments.
-
Perplexity Reportedly Offers to Buy Google Chrome for More Than Its Own Valuation
Artificial intelligence (AI) startup Perplexity on Tuesday launched an audacious bid to buy the Google Chrome browser in its entirety, according to a report. The Aravind Srinivas-led company is said to have offered Google $34.5 billion (roughly Rs. 3.02 lakh crore) for the rights to the world’s most popular web browser, a sum which is even higher...
-
Superintelligence Will Create A New Era For Humanity And Empowerment, Mark Zuckerberg Says
Meta is investing billions in AI development, with CEO Mark Zuckerberg claiming that achieving "superintelligence" is now within reach.
-
Bryan Johnson Says AI Will Help Him Live Forever by Moving from a Biological to Computational System: Report
Bryan Johnson, the CEO of anti-ageing company Blueprint, reportedly said that his vision of living forever goes through artificial intelligence (AI). In an interview, the tech entrepreneur who has invested millions of dollars and multiple years to reverse his ageing in efforts to increase longevity of life, highlighted that he was now shifting his ...
-
Tesla Shareholders To Have An Option To Invest In xAI: Elon Musk
Tesla will give its shareholders the option to invest in artificial intelligence startup xAI, billionaire owner of both companies Elon Musk said on his social media platform X.
-
SpaceX To Invest $2 Billion In Musk's xAI Startup: Report
SpaceX has committed $2 billion to xAI as part of a $5 billion equity round, deepening the ties between tech billionaire Elon Musk's ventures as his artificial intelligence startup races to compete with rival OpenAI, a report said.
-
Meta Discussed Buying Perplexity Before Investing in Scale
Meta held discussions with AI search startup Perplexity AI about a possible takeover. The talks with Meta, which have not previously been reported, highlight Meta CEO Mark Zuckerberg’s willingness to use deals and big hires to catch up in the AI race.
-
Sam Altman Says Meta Offered $100 Million Bonuses to Recruit OpenAI Employees
Sam Altman said that Meta has offered his employees bonuses of $100 million (roughly Rs. 863 crore) to recruit them. The alleged attempts by Meta to hire OpenAI staffers are the latest signs of a frenzy to hire top engineers to develop AI models.
-
Musk's xAI Burns Through $1 Billion A Month As Costs Pile Up
Elon Musk's artificial intelligence startup xAI is burning through $1 billion a month as the cost of building its advanced AI models races ahead of the limited revenues.
-
Meta Invests Over $10 Million In Scale AI, Takes In CEO Alexandr Wang
Scale AI announced a major new investment by Meta late Thursday that values the startup at more than $29 billion and puts its founder to work for the tech titan.
-
Meta Set to Throw Billions at Startup That Leads AI Data Market
Meta is in talks to make a multibillion-dollar investment in Scale AI. The financing may exceed $10 billion (roughly Rs. 85,533 crore) in value, making it one of the largest private company funding events of all time.
-
Microsoft Is Key Holdout for OpenAI Restructuring Plan
OpenAI has walked back part of its effort to create a more conventional for-profit company. Microsoft, which has invested $13.75 billion (roughly Rs. 1,15,878 crore) in the startup, remains the biggest holdout among investors as the ChatGPT maker tries to restructure, according to several people familiar with the matter.
-
Elon Musk-Led Group Makes $97.4 Billion Bid for Control of OpenAI, Sam Altman Says 'No Thank You'
Elon Musk-led group of investors offered to purchase OpenAI's non-profit parent firm for $97.4 billion (roughly Rs. 8,46,576 crore). In response, OpenAI Chief Executive Officer Sam Altman posted on Musk’s X social-media platform: “No thank you but we will buy twitter for $9.74 billion (roughly Rs. 8,46,576 crore) if you want.
