Good Capital Launches a $50 Million Fund to Back Startups Leveraging AI
A seed-stage venture capital (VC) firm focused on the Indian startup sector, Good Capital, on Friday announced its plans to deploy a new $50 million...
Tag : artificial intelligence (AI)
Open AI Introduces $1 Million Grants to Democratise AI
OpenAI, the ChatGPT developer backed by Microsoft, has introduced 10 grants for building prototypes of a democratic process for steering artificial intelligence (AI). Each grant...
Nvidia Stocks See Record Surge over Booming Quarterly Result Led by AI Chips
Nvidia Corp. is closing in on a $1 trillion market capitalisation after its shares surged double digits in a single day over bumper quarterly results....
Saudi Arabia to Organise Second Edition of Global AI Summit in September
Saudi Arabia is set to organise the second edition of the Global AI (Artificial Intelligence) Summit in September. As per media reports, it will be...
Detect Technologies Announces Global Agreement with Vedanta to Deploy T-Pulse
Detect Technologies has announced an agreement with Vedanta to deploy T-Pulse software. T-Pulse is the former’s internationally deployed AI-based workplace safety software. This Deep Learning...
5G Spectrum Auction to Start July End, Union Cabinet Approves DoT Proposal
An official press release on Wednesday said the Union Cabinet had approved a way to auction the 5G spectrum, with 72,097.85 MHz of airwaves to...
Cognizant Reports 11.5% Rise in Frist Quarter Net Profit
Cognizant Technology Solution Corporation has raised the net profit of 11.5 per cent YOY to $563 million; in the consecutive Q4 of revenue growth is...
MS Sets Up Its Fourth Data Centre in India
Microsoft announced that it is setting up its fourth data centre in Hyderabad. The company also said that this will be one of the largest...
Scaler Acquires AppliedRoots For $50 Million
Scaler has acquired the online learning platform AppliedRoots for $50 million in a cash and stock deal. The deal will allow it to strengthen its...
TEC to Address Social, Legal Issues in AI, ML
Telecommunication Engineering Centre (TEC) has started discussions to create a framework for a fair assessment of artificial intelligence (AI) and machine learning (ML) systems to...