Infosys (NSE, BSE, NYSE: INFY) and NVIDIA (NASDAQ: NVDA) today announced an expanded strategic collaboration aimed at boosting enterprise productivity through generative AI applications and solutions. Although the financial details of the deal were not disclosed, the broadened alliance signifies a major move in the AI sector. Key Collaborations and Plans The key component of […]
Data and AI company Databricks has announced its Series I funding round, raising over $500 million and bringing the company’s valuation to $43 billion. The Series I funding has set the price per share at $73.5 and is spearheaded by T. Rowe Price Associates, Inc. Alongside T. Rowe Price, existing investors such as Andreessen Horowitz, […]
In a landmark deal, NVIDIA and Tata Group have announced an expansive partnership aimed at developing a state-of-the-art AI supercomputer in India. The supercomputer will be powered by NVIDIA’s next-generation GH200 Grace Hopper Superchip. This collaborative effort aims to extend cutting-edge AI capabilities to thousands of organizations, numerous startups, and a multitude of AI researchers […]
Jio Platforms Limited, a subsidiary of Reliance Industries, plans to establish a state-of-the-art, cloud-based AI compute infrastructure in India, in collaboration with technology giant NVIDIA. The undisclosed deal aims to position India as a burgeoning force in the artificial intelligence (AI) domain. This new AI cloud infrastructure is designed to provide accelerated computing and secure, […]
AI21 Labs, a leading player in the generative AI and large language models (LLMs) landscape, announced the successful close of its Series C funding round, securing $155 million to propel the growth of its text-based AI services for enterprises. Top-tier investors such as Walden Catalyst, Pitango, SCB10X, b2venture, Samsung Next, and Prof. Amnon Shashua participated, […]
Artificial intelligence (AI) studio Inflection AI announced a hefty $1.3 billion in funding raised in a recent round led by prominent investors including Microsoft, Reid Hoffman, Bill Gates, Eric Schmidt, and new investor NVIDIA. This substantial investment bolsters the total funds raised by the Palo Alto-based company to $1.5 billion. The funds will underpin the […]
Synthesia, a London-based artificial intelligence (AI) video creation platform, has successfully raised $90 million in a Series C funding round led by Accel. The Series C round, which also drew investment from NVIDIA’s venture capital arm NVentures, has boosted Synthesia’s valuation to $1 billion. Additionally, the round had participation from existing investors GV, Kleiner Perkins, Alex […]
Microsoft and NVIDIA will bring Xbox PC games to the NVIDIA GeForce NOW cloud gaming service as part of a 10-year partnership between the companies. The move is anticipated to increase gamers’ choice and resolve NVIDIA’s concerns after Microsoft’s acquisition of Activision Blizzard closes. Under the collaboration, gamers can stream Xbox PC titles from GeForce […]
US computing company NVIDIA has agreed to acquire Arm Limited, a British semiconductor and software design company, from Japan-based SoftBank Group and the SoftBank Vision Fund (together SoftBank) for $40 billion in a cash-cum-stock deal. The acquisition will result in the combination of the AI computing platform of NVIDIA and Arm’s vast ecosystem for creating […]