Meta, Blue Owl Close $30 Billion Private Capital Deal for AI
In a landmark deal, Meta Platforms Inc is set to secure nearly $30 billion to finance its Hyperion data centre in rural Louisiana. This makes...
Tag : artificial intelligence
Alibaba, Baidu Start Using In-House Chips to Train AI Models: Report
China’s Alibaba and Baidu have started using their own AI chips to train models, partly replacing Nvidia processors, according to The Information. Alibaba has used...
Microsoft Unveils New AI Speech and Foundation Models
Microsoft AI (MAI) has introduced two new models as part of its goal to build “AI for everyone” — models that are responsible, reliable, and...
Google to Acquire Cloud Security Firm Wiz for $32 Billion in Record Deal
Google is set to acquire cloud security startup Wiz for $32 billion in an all-cash deal, marking its largest acquisition ever and strengthening its cloud...
Tech Giants Google and Nvidia to Enhance AI Focused Investments in India
Google and Nvidia, two technology giants, are planning to increase their involvement in India, with a specific focus on utilising artificial intelligence technology in the...
OpenAI Announced about “o1″ Model with Human-like Reasoning
In a blog post on Thursday, the company OpenAI announced the introduction of a new model called “o1”, which is designed to process queries more...
India and Singapore Signed MoUs in Digital Technology, Semiconductor Domain
India and Singapore have entered into four Memorandums of Understanding (MoU) in digital technologies, semiconductors, health cooperation, and skill development, further strengthening their collaboration. Prime...
Gartner Survey Shows AI-Related Risks see Greatest Audit Coverage Increases in 2024
Gartner surveyed 102 chief audit executives (CAEs) to evaluate the importance of assuring 35 different risks. The survey found that the rapid growth of generative...
Tata Elxsi Q2 PAT Rises to Rs 174 Crore
Tata Elxis is the design-led technology service provider that reported a 39.1 per cent rise in net profit to Rs 174.28 crore on a 28.2...
WhatsApp Banned Over 1.8 million Bad Accounts in India in March
Meta-owned WhatsApp said on Monday it banned more than 1.8 million bad accounts in India in March under new IT rules for 2021. The platform...