AI Investment

US and India to Promote Reciprocal Investments in AI Technology
US and India to Promote Reciprocal Investments in AI Technology
January 06, 2025  |  artificial intelligence

The United States and India plan to build new collaboration around artificial intelligence (AI) via investments and protections involving the technology. These efforts were among...

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Microsoft to Invest $80 Billion in AI-Focused Data Centers Amid ‘Golden Opportunity’
Microsoft to Invest $80 Billion in AI-Focused Data Centers Amid ‘Golden Opportunity’
January 03, 2025  |  artificial intelligence

Microsoft plans to invest $80 billion to build data centers in fiscal 2025, aiming to use them to power the development and use of artificial...

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AI Fuels Tech Surge as Micron, Databricks and Basis Ride Wave of Growth
AI Fuels Tech Surge as Micron, Databricks and Basis Ride Wave of Growth
December 19, 2024  |  artificial intelligence

Micron Technology posted a stunning 400% jump in data center revenue amid soaring AI chip demand, while data intelligence firm Databricks secured a massive $10...

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AI Companies Receive 42% of US Venture Capital Investment
AI Companies Receive 42% of US Venture Capital Investment
December 16, 2024  |  artificial intelligence

Venture capital in the U.S. has moved to artificial intelligence (AI) companies at an “unprecedented” rate, HSBC Innovation Banking said Monday (Dec. 16). The scale...

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AI Adoption Still in ‘Very Early’ Stages, BlackRock Exec Says
AI Adoption Still in ‘Very Early’ Stages, BlackRock Exec Says
December 08, 2024  |  artificial intelligence

Investment giant BlackRock expects 2025 to be a big year for infrastructure and cybersecurity. And the artificial intelligence (AI) boom will play a major role...

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OpenAI Aiming to Eliminate Microsoft AGI Rule to Boost Future Investment
OpenAI Aiming to Eliminate Microsoft AGI Rule to Boost Future Investment
December 08, 2024  |  artificial intelligence

OpenAI could reportedly give Microsoft access to its as-yet-unrealized artificial general intelligence (AGI). As it stands now, the artificial intelligence (AI) startup has a provision...

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Nvidia Helps Cloud Computing Firm Nebius Raise $700 Million
Nvidia Helps Cloud Computing Firm Nebius Raise $700 Million
December 02, 2024  |  Investments

Dutch cloud computing company Nebius has reportedly raised $700 million from investors including Nvidia. The company, which rebranded from Russian internet company Yandex, has sold...

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Banks and Private Finance Seek Slices of $1 Trillion AI Pie
Banks and Private Finance Seek Slices of $1 Trillion AI Pie
November 18, 2024  |  artificial intelligence

Big banks and private finance groups are both chasing the artificial intelligence (AI) craze. But for at least one of those Wall Street banking giants...

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Tech Investor Niel: EU Risks Being ‘Abandoned’ in AI Race
Tech Investor Niel: EU Risks Being ‘Abandoned’ in AI Race
November 17, 2024  |  artificial intelligence

Can Europe create leading artificial intelligence (AI) firms without spending as much as companies in America? Telecom billionaire Xavier Niel thinks it’s possible, provided that...

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