Business

AI Cloud Infrastructure Startup CoreWeave Raises a Record-Breaking $19B in New Funding

The AI cloud infrastructure startup CoreWeave said on Wednesday that Coatue-led investment round had brought in an incredible $1.1 billion
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A $650 Million Investment Is Made In An Asheville Solar Startup

To expand its solar operations, Asheville-based Pine Gate Renewables has obtained a $650 million investment from two pension funds and
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Microsoft Plans To Invest $1.7 Billion In Indonesian Cloud Computing and Artificial Intelligence

The greatest investment made by Microsoft in its 29-year history in Indonesia will be $1.7 billion over the course of
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Financing For AI Chip Firm Blaize Totals $106 Million

The startup Blaize Inc. revealed today that it has raised $106 million in new funding. Blaize Inc. provides artificial intelligence
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Matrak, A Startup In The Construction Supply Chain, Raises $2.9 Million As China Calls

Streamlining supply chains for the construction industry, Melbourne-based startup Matrak has secured $2.9 million in a Series A round that
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Nigeria Receives A $600 Million Investment From Maersk For Ports Infrastructure

The Danish shipping corporation A.P. Moller-Maersk has agreed to spend $600 million in seaport infrastructure in Nigeria, the presidency announced
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Tech Tycoon’s Family Office Is Putting $10 Billion Into AI

According to a top official at the company, PremjiInvest, the biggest family office in India and manager of over $10
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A Startup In Chennai Plans To Create A Flying Electric Taxi Prototype by March 2025

A certified flying electric taxi prototype is anticipated to be developed by a startup company based in Chennai by March
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Google Releases an AI Education Course and Announces Grants Totaling $75 Million

Google said on Friday that it is awarding $75 million in grants to workforce development and educational institutions to train
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Estee Lauder and Microsoft Introduce The AI Innovation Lab

An AI Innovation Lab has been established by Microsoft and Estee Lauder to introduce GenAI to the cosmetics sector. The
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