Amazon Injects Another $2.75B Into Startup Founded By Siblings Who Worked At Openai
The startup, Anthropic, has become one of OpenAI’s most formidable competitors. :
Amazon.com Inc. says it’s investing an additional $2.75 billion in Anthropic, completing a deal it made last year to back the artificial intelligence startup and expand a partnership between the companies. The infusion brings Amazon’s total investment in Anthropic, a well-regarded builder of AI tools able to generate text and analysis, to $4 billion, following an earlier investment announced in September.
Amazon Adds $3.7B To Its Stake In Ai Start-up Anthropic | The Straits Times
The additional investment shows the enormous resources that tech companies are pouring into AI. : SEATTLE - Amazon said on March 27 that it had added US$2.75 billion (S$3.7 billion) to its investment in Anthropic, a start-up that competes with companies like OpenAI and Google in the race to build cutting-edge artificial intelligence systems. Six months ago, Amazon invested US$1.25 billion in Anthropic, making the San Francisco start-up Amazon's most important AI partner. Amazon said at the time that it had the option to bring its total investment to US$4 billion.
Infrastructure A Foundational Portfolio Asset Class: Ifm Investors
Infrastructure should be considered as an equally vital asset class for institutional investors as traditional asset classes, according to the latest annual IFM Investors Infrastructure Outlook.
Innovationrx: Base Editing Pioneer Nicole Gaudelli Joins Gv
Plus: eGenesis, the startup behind the first pig-human kidney transplant, is targeting hearts and livers next. : Plus: eGenesis, the startup behind the first pig-human kidney transplant, is targeting hearts and livers next. As a postdoctoral researcher at the Broad Institute of MIT and Harvard, Nicole Gaudelli was the co-inventor of a breakthrough in gene editing: the ability to target a single misspelling in DNA code. This invention, known as base editing, is a further advancement of the Nobel Prize-winning Crispr technology and has the potential to cure thousands of rare diseases caused by point mutations.
Funding The Future: The Investment Potential Of Today's Climate Tech
Within the climate category, the carbon-tech subsegment is highlighted as offering the most attractive opportunities for early-stage investors, including carbon-captur...
Ai Risk Management Startup Validmind Raises $8.1M To Help Banks Comply With Regulations
ValidMind, a regulatory compliance platform for AI risk management at banks, raises $8.1 million in seed funding to automate model validation and documentation.
Olaf Scholz Facing Fresh Crisis As German Economy In Freefall | World | News
The German Chancellor is under pressure after experts slashed growth forecasts for the world's third largest economy. : German Chancellor Olaf Scholz doesn't have much to celebrate this Easter as five of his country's biggest economic institutes have warned an "ailing" Germany is suffering an ecomomic slow-down. The collective warning was made citing "low domestic demand, and high gas and electricity prices hitting exports", according to Euronews. A six-monthly analysis of the German economy, which is still the third largest in the world and biggest in the EU, was released this week and made grim reading for Mr Scholz.
Old Mutual Limited (odmuf) Q4 2023 Earnings Call Transcript
Langa Manqele - Interim Head, Investor Relations Iain Williamson - Chief Executive Officer Casper Troskie - Chief Financial Officer Nico van der Colff - Chief Actuary Kerrin Land - Managing Director, Personal Finance and Wealth Management Clarence Nethengwe - Managing Director, Mass and Foundation Cluster Clement Chinaka - Managing Director, Old Mutual Africa Regions Prabashini Moodley - Managing Director of Old Mutual Corporate Good day and welcome to Old Mutual 2003 Annual Results. We are coming to you live from our offices in Johannesburg, South Africa. Before I get carried away, I get ahead of myself, let me introduce myself.
Dell: Sell On Extended Valuation Multiples (nyse:dell)
Dell Technologies (NYSE:DELL) stock currently presents a conundrum. On one hand, the valuation appears attractive, and the company is making strides to streamline and capitalize on emerging trends. On the other hand, there are serious headwinds in both its core PC business and a generally uncertain economic environment. Investors who buy into Dell are essentially betting on a turnaround story - the belief that the company can overcome its near-term challenges and unlock the potential value the stock market seems to be discounting. This makes DELL a higher-risk proposition than some of its blue-chip tech peers.
The Alleywatch Startup Daily Funding Report: 3/27/2024 - Alleywatch
The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 3/27/2024 featuring funding details for Nominal, Nourish, and much more.