After 4 billion from AWS, Google invests 2 billion in Anthropic
AI developer Anthropic is said to have acquired $2 billion in investment money from Google. Combined with Amazon's earlier investment, Anthropic is gaining prestige in the AI field.
Anthropic is reportedly receiving money from Google for the second time this year. Earlier this year, the investm... Read more
Amazon invests $4 billion in Anthropic for better AI proposition
Amazon is investing four billion dollars into Anthropic, acquiring a minority stake in the AI developer. The investment in the OpenAI competitor will allow the tech giant to launch a competitive offering against Microsoft. However it is not unique in its investment either, as Google already investe... Read more
Arm gets mega investment of $100 million from chip manufacturer TSMC
Arm is getting a mega investment of 93.1 million euros ($100 million) from chip manufacturer TSMC. The investment comes as the chip technology specialist goes public.
With a $100 million investment in Arm shares, TSMC also appears to want to claim a share of control in the industry-wide chip tec... Read more
China strengthens domestic chip industry with 37 billion euros
China plans to raise money for its national chip industry through state investment. The intended investment amount should be around 37 billion euros, Reuters writes based on sources.
The so-called tech Big Fund, under the control of state investment vehicle China Integrated Circuit Industry Inve... Read more
‘Databricks aiming at 38B euro valuation’
Databricks is continuously seeking new investment capital to upgrade its enterprise value. For this purpose, talks are now being held with an investment company, reports Bloomberg.
Databricks wants to proceed with a valuation of 38 billion euros ($43 billion) with a new round of investment, Bloo... Read more
Samsung invests in AI startup Irreverent Labs
Samsung is investing an undisclosed amount in Seattle-based American AI startup Irreverent Labs. The South Korean tech giant is said to be particularly interested in a yet-to-be-developed API for an AI platform for video.
Samsung made the investment through its own startup funding fund Samsung N... Read more
VMware wants to use Broadcom investments to simplify its offerings
VMware wants to use the R&D investments promised by Broadcom primarily to make its platform easier to use. Customers will also get a better overview of VMware solutions that may be of interest to them.
According to The Register, VMware has clear plans for the billions in R&D investments... Read more
Lenovo invests heavily in AI to offset slump in PC sales
Lenovo is the biggest player in the PC market but, like its competitors, it's facing disappointing sales figures. The Chinese company has just strengthened itself with John Thornton as non-executive director, who brings experience from Ford and Goldman Sachs with him. In addition, a $1 billion inve... Read more
Databricks seeks investment capital to integrate more AI features
Databricks is seeking new investment capital to further expand the AI capabilities for its data platform. This is what The Information writes based on insiders. An IPO is ruled out for now, the data specialist itself indicates.
Databricks wants to invest even more in expanding the AI functionali... Read more
‘Nvidia to invest heavily in Arm despite failed acquisition’
Nvidia is said to be negotiating with Arm to acquire a large stake in the company following an IPO. This reports Financial Times based on sources.
According to the British business newspaper, Arm wants Nvidia to become the main shareholder in the chip technology company after a possible IPO. Thi... Read more