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30 Nov 2024

OpenAI's Rapid Growth and Impact in India: Insights from Pragya Misra

OpenAI's first employee in India, Pragya Misra, shares insights on the company's fast-paced environment, its impact on the Indian AI ecosystem, and future plans for expansion in the country.

2 Sources

29 Nov 2024

iDEGEN: The Controversial AI Experiment Shaking Up the Crypto World

iDEGEN, an AI agent learning exclusively from crypto traders, has sparked a frenzy in the cryptocurrency market with its unconventional approach and skyrocketing token value.

5 Sources

Akhetonics Secures €6M Funding to Develop Revolutionary All-Optical Processor

German startup Akhetonics has raised €6 million in seed funding to develop a general-purpose optical processor that promises to revolutionize computing with improved performance and energy efficiency.

2 Sources

28 Nov 2024

Elon Musk's AI Ambitions Strain Nvidia's Chip Supply Chain

Elon Musk's Tesla and xAI are pushing Nvidia to its limits with demands for AI chips, highlighting the intense competition in the AI hardware market and the critical role of chip supply in advancing AI technology.

2 Sources

TWO AI: The Indian Startup Revolutionizing Enterprise AI Solutions

TWO AI, an Indian startup, is making significant strides in the AI market with its SUTRA models, focusing on enterprise solutions and expanding its presence in the APAC region.

2 Sources

SoftBank's Masayoshi Son Envisions India as Global Chip Capital Amid AI Boom

SoftBank founder Masayoshi Son outlines ambitious plans to transform India into a global chip design hub, leveraging AI advancements and partnerships with Arm Holdings. His vision includes creating 1 million chip designers and capitalizing on India's engineering talent.

4 Sources

IIMA Ventures and Google Launch AI Academy India to Boost AI Startups

IIMA Ventures partners with Google for Startups to launch AI Academy India, supporting 22 AI startups with resources, mentorship, and technology to address challenges across various sectors.

2 Sources

Elon Musk's xAI Plans Standalone Grok App to Challenge ChatGPT

Elon Musk's AI company xAI is reportedly planning to launch a standalone app for its Grok chatbot, potentially as early as December 2024. This move aims to compete directly with OpenAI's ChatGPT and other AI chatbots in the mobile market.

9 Sources

27 Nov 2024

Pony AI's Nasdaq Debut: A Mixed Start for the Autonomous Driving Startup

Pony AI, a Chinese autonomous driving technology company, raised $413.4 million in its initial public offering on Nasdaq, but saw its shares close below the initial listing price on the first day of trading.

11 Sources

Elon Musk's xAI Valuation Soars, Benefiting Twitter Takeover Investors

Elon Musk's AI company xAI is set to double its valuation to $50 billion, providing a windfall for investors who backed his Twitter acquisition. This development showcases the interconnected nature of Musk's business empire and the potential payoff for his loyal supporters.

6 Sources

SoftBank Deepens Investment in OpenAI with $1.5 Billion Employee Share Buyout

SoftBank Group is set to acquire up to $1.5 billion worth of OpenAI shares from employees in a tender offer, strengthening its stake in the AI leader and providing liquidity to current and former staff.

10 Sources

Kastle Wins LendingTree's 2024 Innovation Challenge with AI Voice Technology for Mortgage Industry

Kastle, a San Francisco-based company, has won LendingTree's 2024 Innovation Challenge with its groundbreaking AI Voice technology, designed to revolutionize customer interactions in the mortgage industry.

2 Sources

/dev/agents: Former Tech Executives Raise $56M to Build AI Agent Operating System

A group of former Google, Stripe, and Meta executives have raised $56 million to create /dev/agents, a startup aiming to develop an operating system for AI agents. The company plans to build a cloud-based platform that will work across various devices and create new user interfaces for AI interaction.

9 Sources

AI WealthTech Platform Range Secures $28 Million in Series B Funding

Range, an AI-powered wealth management platform, has raised $28 million in Series B funding to revolutionize the financial advisory industry with its AI engine, Rai.

2 Sources

Boosted.ai Secures $15 Million to Enhance AI-Powered Investment Management Platform

Boosted.ai raises $15 million to expand Alfa, its agentic AI platform for investment managers. The funding aims to streamline workflows and automate tasks in the financial sector.

2 Sources

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