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AI
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Anthropic hits $380 billion valuation after $30 billion funding round
The race to fund the future of AI is accelerating and the numbers keep getting bigger. The San…
Nvidia to invest $1 billion in Nokia to accelerate AI-RAN and propel 6G networks
World's leading AI chipmaker Nvidia is making $1 billion equity investment in Finnish telecom giant Nokia to accelerate the development of AI-native 6G networks.
OpenAI completes for-profit restructuring, gives Microsoft 27% stake at $500B valuation
OpenAI, the firm behind the wildly popular ChatGPT, has finalized a massive corporate overhaul, completing its conversion to…
Cohere valued at $6.8 billion after $500 million raise, hires Meta exec as its chief AI officer
Toronto-based AI startup Cohere has raised $500 million in fresh funding, pushing the startup’s valuation to $6.8 billion.
ClearGrid raises $10 million to transform MENA debt collection with AI
Dubai-based startup ClearGrid raises $10 million in funding to help modernize debt collection and recovery with AI
EU launches €200 billion AI investment initiative at Paris AI Summit
EU announces €200 billion AI investment initiative to establish Europe as a global AI leader
French startups raised over €7.1 billion in 2024, with AI leading the way
France is leading AI innovation in Europe, with 751 AI startups active by the end of 2024.
DeepSeek’s AI breakthrough sparks $1 trillion tech stock selloff, Nvidia loses $600 billion in market cap
Chinese AI startup DeepSeek has shaken the foundations of AI industry, igniting a massive selloff that wiped $1 trillion from global stock markets.
Zuckerberg says Meta to spend up to $65 billion on AI in 2025
Meta plans to invest as much as $65 billion on artificial intelligence (AI) projects in 2025, including building a giant new data center
OpenAI partners with SoftBank and Oracle on $500 billion AI Infrastructure ‘Stargate Project’
OpenAI announced Stargate Project —a partnership with Japanese conglomerate SoftBank, Oracle, and MGX— with plans to invest up…