Business

OpenAI Startup Fund Secures Extra $5 Million

An additional $5 million has closed for the OpenAI Startup Fund, a venture fund that backs early-stage AI businesses and
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London-based Tine Obtains €8.3 Million in Series A Funding To Stop The Number Of Childminders

The creator of Teach First founded the tech-enabled childcare firm tiney.co, which has raised a €8.3 million Series A round
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Deepx, An AI Chip Firm, Raises $80 Million And Is Valued $529 Million

Deepx, a South Korean startup developing AI chips, has raised $80 million in a Series C fundraising round, valuing the
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Microsoft Intends To Invest $3 billion in a Wisconsin AI Cluster

The entire budget has increased to US$3.3 billion (from the $1 billion stated in 2023) in order to build the
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Health Tech Companies Use Foreign Capital To Overcome Local Lending Obstacles

As local sources of investment for healthcare entrepreneurs are limited, they are turning to foreign markets for capital. HealthCap Africa,
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With a valuation of 300 million dollars, the U.S. technology company ARCELL dive into the

As the next generation of “platform” electronic consumer products after smartphones, AR glasses are becoming popular from 2022 to the
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Tokyo Installs Floating Solar Startup SolarDuck After Completing

A floating solar demonstration project in the Tokyo Bay area has been installed and put into operation by renewable energy
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German Company Personio Raises $200 Million At A Valuation Of $8.5 Billion

On Wednesday, the German startup Personio, which develops software for human resources, said that it has boosted the amount of
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GPT-4 and Google Gemini May Be Challenged By A New Microsoft AI Model

According to a report by The Information, Microsoft is developing a new large-scale AI language model named MAI-1 that may
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Hyundai Contributes $1 Billion to Motional, an AV Startup

Hyundai plans to spend nearly $1 billion in Motional, gaining control of the self-driving firm and providing much-needed funding for
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