Browsing Tag
AI
73 posts
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…
Apple hits $4 trillion valuation as iPhone 17 drives market surge
Apple becomes third company in history to crack $4 trillion market value
Amazon to invest $5 billion by 2031 in South Korea AI data centers
Cloud computing giant Amazon Web Services plans to invest an additional $5 billion in South Korea over the next six years to build new AI data centers in the country.
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.
Pakistan’s MedIQ secures $6 million Series A to expand digital healthcare platform across GCC
Pakistan-based health tech startup MedIQ has raised $6 million in Series A to scale its AI-powered, digitally integrated healthcare platform across the Gulf region.
South Africa to host Africa’s first AI factory in partnership with Nvidia
African tech enterprise Cassava Technologies partners with Nvidia to establish Africa’s first AI factory in South Africa
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
China launches $138 billion fund to supercharge AI, quantum tech, and emerging industries
Chinese government has announced 1 trillion yuan ($138 billion) fund to accelerate China’s innovation