All articles by Vishnu Priya N
Vishnu Priya N
Lightning AI secures $50m to enhance AI development tools
The funding round was led by Cisco Investments, J.P. Morgan, K5 Global, and NVIDIA.
xAI startup reportedly raises $5bn in funding round
The latest financing round brings xAI’s total fundraising to $11bn this year.
Australia bill to ban social media for children under 16 years
The proposed legislation includes fines of up to $32m on social media platforms that commit systemic breaches.
Apple proposes $100m investment to build plant in Indonesia
This move follows the South-East Asian country’s recent ban on iPhone 16 sales due to non-compliance with local component regulations.
GlobalFoundries awarded $1.5bn subsidy
The investment includes a new New York facility, expansion and modernisation of an existing one, and Vermont operations upgrades.
Subscribe to our Newsletter
Get industry leading news, data and analysis delivered to your inbox
Quantum-Si and NVIDIA collaborate on proteomics acceleration
The partnership will focus enhancing data processing speeds using NVIDIA’s AI and accelerated computing.
CMA clears investigation into Alphabet’s deal with Anthropic
Anthropic’s turnover in the UK did not exceed the £70m ($88.6m) threshold, ruling out a merger based on turnover criteria.
Meta hires Salesforce AI CEO Clara Shih to lead new AI division
In the new role, Clara Shih will focus on making “AI accessible to every business”.
OpenAI launches ChatGPT Advanced Voice Mode for web users
The feature, which is currently limited to paid subscribers, is planned to be made available for free users in “the coming weeks”.
Salesforce plans layoffs at Own amid acquisition strategy shift
Some roles will be eliminated by 31 January 2024 at Own, while others will be “transitional”, lasting three to 12 months.