Tag: AI investment

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Google Pledges $2.25 Million to Boost AI‑Ready Public Data in Africa

Google Pledges $2.25 Million to Boost AI‑Ready Public Data in Africa

Google has announced a commitment of $2.25 million to modernize public data systems across Africa, aiming to make them more accessible,...

Venture Platform Secures $64 Million to Fund Start Up Boom in Africa

Venture Platform Secures $64 Million to Fund Start Up Boom in Africa

Ventures Platform, one of the most dynamic early-stage venture funds in Africa based in Lagos, has raised a homonymous amount...

Truist Securities Maintains Its Buy Rating on Salesforce (CRM) Shares

Truist Securities Maintains Its Buy Rating on Salesforce (CRM) Shares

Salesforce Inc. NYSE: CRM, one of the leading cloud-based software companies worldwide, continues to attract investor attention while it passes...

Salesforce announces $15 billion investment in San Francisco amid intensifying AI competition

Salesforce announces $15 billion investment in San Francisco amid intensifying AI competition

Salesforce, the biggest cloud software company in the world with a valuation of up to $15 billion dollars, has declared...

Saudi AI Leader Humain Intends To Create a $10 billion Centure Capital Fund For Funding Global Startup Companies

Saudi AI Leader Humain Intends To Create a $10 billion Centure Capital Fund For Funding Global Startup Companies

An enormous international fund will support artificial intelligence startups as well as technology startups. Saudi Arabia established Humain as its...

Mega Merger Unites Two Dominant U.S. Cable Industry Titans

Mega Merger Unites Two Dominant U.S. Cable Industry Titans

A significant consolidation milestone has been reached with the agreement to merge two of the largest cable providers in the...

Google’s AI Futures Fund: Where Ambitious Startups Meet Next-Gen Innovation

Google’s AI Futures Fund: Where Ambitious Startups Meet Next-Gen Innovation

Google has officially launched the AI Futures Fund, a groundbreaking initiative aimed at supporting startups that are building with the...

xAI Holdings Eyes $20 Billion in New Funding

xAI Holdings Eyes $20 Billion in New Funding

Elon Musk's xAI Holdings is due to negotiate a new funding round for $20 billion, which could push the combined...

Alphabet and Nvidia Jointly Investing in Sutskever’s SSI 

Alphabet and Nvidia Jointly Investing in Sutskever’s SSI 

According to the latest news from the tech investment world, Alphabet and Nvidia are reported to be investing in Safe...

IBM Expands AI Investment by Acquiring Consultancy Hakkoda

IBM Expands AI Investment by Acquiring Consultancy Hakkoda

IBM has once again made headlines, this time with its latest move to strengthen its position in AI and data...

US DOJ Drops Bid To Make Google Sell AI Investment in Antitrust Case

US DOJ Drops Bid To Make Google Sell AI Investment in Antitrust Case

Google has a little respite in the antitrust case. The U. S. Department of Justice (DOJ) dropped the clause to...

Perplexity Launches $50M AI Venture Fund to Back Future Tech Innovators

Perplexity Launches $50M AI Venture Fund to Back Future Tech Innovators

Creating the best chatbot is no longer a race nowadays; it's got to do with who is throwing the biggest...

Anthropic Nears $3.5 Billion Fundraising as AI Investment Surges

Anthropic Nears $3.5 Billion Fundraising as AI Investment Surges

Anthropic, the AI startup behind the Claude chatbot, is reportedly securing a massive $3.5 billion funding round, pushing its valuation...

The AI Revolution in Europe; AI Startups Secured $8 Billion in 2024

The AI Revolution in Europe; AI Startups Secured $8 Billion in 2024

Europe’s AI startups secured a big bag of 8 billion dollars with a mic drop scene in Europe. I suppose...