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.
Power Up: Pg&e Says Electricity Plan Can Boost Silicon Valley Innovation And Economy
PG&E is pushing forward with quests to help bolster Silicon Valley's economy and innovation future, including major South Bay and East Bay electricity projects, utility officials have said.
Sam Bankman News: Who Is Sam Bankman-fried, The Onetime Crypto Mogul Sentenced To 25 Years In Prison? - The Economic Times
Sam Bankman-Fried, a former cryptocurrency billionaire, has been sentenced to 25 years in prison for what federal prosecutors deem one of the largest financial frauds in U.S. history. Bankman-Fried's rise to prominence began when he founded a cryptocurrency hedge fund, Alameda Research, in 2017, followed by the establishment of the FTX exchange in 2019.
Guru Fundamental Report For Rh
Below is Validea's guru fundamental report for RH (RH). Of the 22 guru strategies we follow, RH rates highest using our P/B Growth Investor model based on the published strategy of Partha Mohanram. This growth model looks for low book-to-market stocks that exhibit characteristic.
South Africa's Energy Crisis Is Driving A 'solar Boom', But There's A Downside
[African Arguments] The privately-led quintupling of rooftop solar in 2 years takes some pressure off the grid but, without planning, risks deepening energy apartheid.
John Pasmore Tries To Make Ai Less Biased. Just Don't Call It Blackgpt
John Pasmore, CEO and Co-founder of Latimer AILatimer AIJohn Pasmore founded Latimer, a startup that's weaving Black data into AI model outputs.He's building partnerships with HBCUs and Black media producers.Esther Dyson was the first outside investor in Latimer. On a recent cold, rainy afternoon in downtown Brooklyn, I met John Pasmore, the CEO of AI startup Latimer.He's a Black founder who is trying to accomplish something that seems almost impossible these days: Making AI less biased. Just don't call it "BlackGPT."
Dutch Government To Launch Plan To Keep Asml In Netherlands, Telecom News, Et Telecom
ASML also said the government has been failing to invest properly to improve infrastructure in the booming Eindhoven technology hub where it is based, from highways to housing to electrical grid improvements.
Exclusive: Kreditbee Tops Up Series D Round With Additional $9.4 Mn From Premji Invest, Others
Bengaluru-based lendingtech startup KreditBee has raised $9.4 Mn from existing investors, including Advent International, Mitsubishi UFJ Financial Group (MUFG) Bank,...
Sovereign Wealth Funds And Mega Pensions Seek Solace In Private Credit Boom
Experts understand that information leaks slower in private credit compared to public markets. Private credit was embraced by public institutional investors at first for moving company loans away from systemically important Wall Street banks and into specialist firms. Global asset owners such as deep-pocketed sovereign wealth funds and public pensions have disintermediated traditional lending channels...
Fibe Seeks Fresh Funds, Tr Capital To Lead With $50M Infusion
The funding round, comprising both primary and secondary capital, could potentially value the company at $600-6 why50 million. : MUMBAI : TPG-backed online lending platform Fibe, formerly EarlySalary, is looking to secure a new funding round, comprising both primary and secondary capital, said three people in the know. TR Capital, a global fund specializing in secondary investments, is expected to lead the round, acquiring full or partial stakes from the company's existing investors, the people added, seeking anonymity. "The round is likely to be a secondary transaction.
Marex Seeks U.s. Ipo As It Produces Growth And Profits (pending:mrx.)
Marex Group plc (MRX.) has filed to raise $100 million in an IPO of its ordinary shares, according to an SEC F-1 registration statement. Marex provides financial trading services to companies worldwide and is growing revenue and profits impressively. London, UK-based Marex Group plc was founded to provide a range of financial market access capabilities to companies seeking to trade on securities and commodity markets.