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Tag: G42

Microsoft, Nvidia Lead In Investing In AI Startups, But Others Close Behind

Just last week it was reported chip giant Nvidia, Salesforce Ventures 1 and Cisco all participated in a $450 million investment for Toronto-based AI startup...

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Microsoft’s deal with UAE’s G42 sparks fears over AI exports

Microsoft may end up exporting advanced computer processors, AI model weights, and other key technologies to the Middle East and beyond via the Windows...

Microsoft partners with UAE AI startup G42 to invest $1 billion in Kenya data center – Tech Startups

Microsoft is partnering with Abu Dhabi-based AI startup G42 to invest $1 billion in a data center in Kenya as part of the company’s efforts...

Microsoft’s Strategic Expansion in France

Quick Look: €4 Billion Investment: Microsoft commits €4 billion to boost its cloud and AI infrastructure in France, aiming to support 2,500 startups and...

Emirati F-35 prospects languish amid high-stakes Chinese, US courting

MILAN — As the United Arab Emirates seeks closer defense ties with the United States and China alike, the prospects of exporting the F-35...

Stability AI Lays Off 10% Of Staff — Report

This has been a tough week on the layoffs front for AI startups. Troubled artificial intelligence startup Stability AI is laying off 10% — estimated...

Web3 Venture Funding Bounces Back Slightly From Last Year’s Lows

Editor’s note: For more Web3 coverage, visit Crunchbase’s Web3 Tracker, where we track startups, investors and funding news in the Web3, cryptocurrency and blockchain...

The Shrinking Series E: More Senior Startups Raise Smaller Follow-On Rounds

Typically, when a venture-backed startup raises a follow-on round, the size of the investment and the company’s valuation go up as well. One expects a...

OpenAI CEO Sam Altman seeks UAE help for global AI cabal

OpenAI CEO Sam Altman's latest stop on his AI emperor roadshow was in the United Arab Emirates, where he floated the idea of a...

“AI’s Influence in Sports Extends to Fan Engagement and Sports Marketing”: APEX CEO

Sports and technology have interjected over a number of years. Given that the pandemic skewed some of the trends at the start of the...

OpenAI’s Sam Altman seeking $7T to solve the global chip shortage issue

Tech entrepreneur Sam Altman is reportedly looking to raise between $5 trillion and $7 trillion to help fund the production of microchips to increase...

OpenAI’s Sam Altman seeking $7 trillion to solve the global chip shortage issue – WSJ

Tech entrepreneur Sam Altman is reportedly looking to raise between $5 trillion and $7 trillion to help fund the production of microchips to increase...

UAE President Establishes AI Council with New Law

In a landmark decision, the United Arab Emirates President, Sheikh Mohamed bin Zayed Al Nahyan, announced the formation of the Artificial Intelligence and Advanced...

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