Browsing: billion
India has cleared a $1.1 billion state venture capital program that will funnel state money to startups through private investors, doubling down on its effort to…
AI inference startup Modal Labs is in talks to raise valuation to $2.5 billion, sources say
By techtost.com
Modal Labsa startup that specializes in artificial intelligence inference infrastructure is talking to VCs about a new round at a valuation of about $2.5 billion, according…
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Waymo, the self-driving car company owned by Alphabet, has raised $16 billion as it plans to grow its fleet of driverless taxis this year in more…
Nvidia CEO refutes report that his company’s $100 billion OpenAI investment has stalled
By techtost.com
Nvidia CEO Jensen Huang said on Saturday that a recent report of friction between his company and OpenAI was “nonsense”. Huang’s comments came after the Wall…
Three weeks ago, Elon Musk’s artificial intelligence company xAI revealed that it had raised $20 billion in Series E funding round. We now know that Tesla…
Autonomous vehicle startup Waabi has raised $1 billion and partnered with Uber to develop self-driving cars on its ride-hailing platform — the company’s first expansion beyond…
Recursive Intelligence, a startup that builds an AI system to automatically design and improve AI chips, has raised $300 million at a $4 billion valuation. The…
Trump administration wants tech companies to buy $15 billion in power plants they might not use
By techtost.com
The Trump administration wants the largest power grid to add $15 billion worth of new power generation — and it wants tech companies to pay for…
Elon Musk is seeking between $79 billion and $134 billion in damages from OpenAI and Microsoft, claiming the artificial intelligence company cheated him out of its…