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Employees indicate that Techstars’ $80M collaboration with J.P. Morgan is facing challenges
In a virtual meeting last summer, Maëlle Gavet, CEO of Techstars, was queried by senior leaders about the status of the organization’s $80 million Advancing Cities Fund, facilitated by J.P. Morgan’s Private Bank Platform. Gavet,…
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Insilico Medicine reveals the first drug developed and discovered using artificial intelligence in a recent publication.
In a groundbreaking development in the field of biotechnology, Insilico Medicine, a trailblazer with operations based in Hong Kong and New York, has announced a milestone in the realm of AI-driven drug discovery. With a…
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Mistral AI secures strategic partnerships with leading technology firms, including Microsoft and IBM.
In a remarkable stride for the AI industry, the Paris-based startup Mistral AI has quickly emerged as a significant player in the field of artificial intelligence, securing landmark partnerships with tech giants such as IBM,…
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Camshaft states that a Byju’s subsidiary is the beneficial owner of funds amounting to $533 million.
In a significant development in the financial management sphere, Camshaft Capital, a prominent wealth management firm, has clarified in recent court filings the flow of a substantial sum of $533 million it managed for Byju’s…
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In 2024, generative AI, IAM, and cultural initiatives will redefine cybersecurity, according to Gartner.
In an era where technology evolves at breakneck speed, generative AI stands at the forefront, poised to redefine the cybersecurity landscape. Despite its potential, cybersecurity leaders are navigating uncharted waters, attempting to distinguish between emerging…
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Nvidia momentarily exceeds a $2 trillion market capitalization during intraday trading
In a striking display of market confidence, Nvidia’s market valuation soared to over $2 trillion during Friday’s intraday trading, marking a significant moment for the company and its investors. This surge came on the heels…
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A Glimpse into CapitalG, Alphabet’s $7 Billion Investment Arm for Growth-Stage Ventures
About a year prior, Alphabet’s forward-thinking investment arm, CapitalG, heralded Laela Sturdy as its new chief, succeeding the division’s originator, David Lawee. The elevation of Sturdy to the helm was anticipated by many. Her journey…
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Google, Microsoft, and OpenAI commit to AI promises before the Munich Security Conference.
In the ongoing battle of cybersecurity, the so-called “defender’s dilemma” paints a scenario where security teams are in a perpetual state of vigilance, constantly on the move to protect against threats. Meanwhile, attackers only need…
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Nvidia unveils Ada Generation GPU featuring 19.9 billion transistors
Nvidia has launched the RTX 2000 Ada Generation GPU, a state-of-the-art graphics processing unit engineered to support AI-enhanced design and visualization needs. As the newest member of the RTX series, equipped with 19.9 billion transistors,…
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Microsoft’s Copilot AI Ascends Google and Apple App Store Rankings Following Super Bowl Commercial, Despite Flaws
If you caught the Super Bowl NFL championship game last evening, along with its myriad of commercials, you likely encountered Microsoft’s advertisement for its latest Copilot AI application. Billed as the next evolution beyond Bing…
