AI News – Page 243
- Meta Plans $65 Bn Investment to Build a 2GW+ Data Center in Manhattan
Meta will deploy over 1.3 million GPUs by year-end to power its AI initiatives.
Siddharth Jindal ·
- St. Fox Opens New Office in Bengaluru for AI and Cybersecurity R&D
The company also plans to double its workforce to 300 employees by 2026 and is eyeing further expansion in Hyderabad and Mumbai.
Mohit Pandey ·
- SC Ventures and Yabx Invest $10 Million in Furaha to Drive Education Financing in Africa
“This partnership aims to make financial solutions more inclusive and impactful," said Mohit Joshi, CEO and managing director of Tech Mahindra, which backs Yabx.
Shalini Mondal ·
- Sweden’s RSP Opens Manufacturing Unit in Chennai
The company plans to expand its product range by leveraging Chennai’s robust manufacturing ecosystem.
Sanjana Gupta ·
- Databricks Secures $15.3 Billion in Financing
Last month, the company raised $10 billion in a funding round led by Thrive Capital.
Aditi Suresh ·
- 70% of Entry-Level Jobs for Women at Risk With Automation, Warns Smriti Irani
She emphasised that India’s demographic dividend holds immense potential, but its success is intrinsically tied to the role of women.
Shalini Mondal ·
- In a Relief to Meta, Law Tribunal Stays WhatsApp Data Sharing Ban
NCLAT stayed the order directing WhatsApp not to share data with Meta’s products for five years. However, Meta has been ordered to deposit 50% of the ₹213.14 crore penalty within two weeks.
Supreeth Koundinya ·
- Robotics Startup Ati Motors Raises $20 Million in Series B Funding
This investment brings the company’s total funding to over $37 million.
Sanjana Gupta ·
- Everstone Acquires Delhi-Based Startup Wingify for $200 Mn
Wingify recorded a revenue of Rs 288.61 crore in FY24, up from Rs 220.60 crore in 2023.
Supreeth Koundinya ·
- AWS to Invest $8.3 Billion in Cloud Infrastructure in Maharashtra by 2030
“This partnership will strengthen our technological infrastructure, create jobs, and drive economic growth,” CM Devendra Fadnavis said.
Siddharth Jindal ·
- HCLTech to Open New Office in Hyderabad Offering 5,000 Jobs
HCLTech has been operating in Hyderabad since 2007.
Mohit Pandey ·
- AI Landscape Automation Startup Attentive.ai Secures $12 Mn Series A Funding
With this latest funding, the company plans to deepen its AI automation capabilities and more.
vandana.nair ·
- 85% Executives Are Unprepared to Implement Responsible AI: HCLTech-MIT Report
Additionally, agentic AI—operating autonomously with minimal human involvement—is gaining traction in lower-risk areas like IT operations.
Mohit Pandey ·
- Meta Launches CSR Initiative to Address India’s Challenges
The Pragati: AI for Impact CSR initiative offers grants of ₹40 lakh to ₹1.5 crore to 10-12 startups each to use AI for challenges in healthcare, education, agriculture and inclusion.
Supreeth Koundinya ·
- AWS Commits ₹60,000 Crore for Data Centres in Telangana
AWS has already invested $1 billion in three operational centres in Telangana and plans to invest an additional $4.4 billion by 2030.
Siddharth Jindal ·
- Automation Anywhere’s AI to Power PwC India’s Spend Suite
PwC’s ISMS platform will now use Automation Anywhere’s generative AI-powered agents.
Shalini Mondal ·
- LinkedIn Appoints Deepak Agarwal as Chief AI Officer
Agarwal brings over 24 years of experience in engineering and AI, having previously served in leadership roles at Pinterest and Yahoo.
Vidyashree Srinivas ·
- Perplexity Launches the ‘Most Affordable’ GenAI Search API
'Sonar Pro answer quality bests the field in SimpleQA benchmark findings.'
Supreeth Koundinya ·
- Google Invests $1 Bn in Anthropic
Anthropic CEO Dario Amodei expressed that he had never felt more confident than he did at that moment about the proximity of powerful AI systems.
Supreeth Koundinya ·
- Kanye West Now Plans to Build an AI Dream Team for Yeezy
West is focused on making AI a key part of Yeezy's creative process.
Aditi Suresh ·