Amazon.com Inc. says it’s investing an additional $2.75 billion in Anthropic, completing a deal it made last year to back the artificial intelligence startup and expand a partnership between the companies. The infusion brings Amazon’s total investment in Anthropic, a well-regarded builder of AI tools able to generate text and…
Krutrim AI is rolling out to users as part of a public beta, allowing users to try out the newest artificial intelligence (AI)-powered chatbot. Krutrim Si Designs — commonly referred to as Krutrim — Founder Bhavish Aggarwal took to X (formerly known as Twitter) to announce that the new AI…
Krutrim, the AI startup founded by serial entrepreneur Bhavish Aggarwal, has gained unicorn status after securing $50 million in funding from investors including Matrix Partners India. It becomes the first Indian AI startup to gain a billion-dollar valuation, a mere month after debuting a large language model, the firm said…
OpenAI is in early discussions to raise a fresh round of funding at a valuation at or above $100 billion, people with knowledge of the matter said, a deal that would cement the ChatGPT maker as one of the world’s most valuable startups. Investors potentially involved in the fundraising round…
Indian startups had deposits worth about $1 billion (roughly Rs. 8,250 crore) with embattled Silicon Valley Bank and the country’s deputy IT minister said he had suggested that local banks lend more to them going ahead. California banking regulators shut down Silicon Valley Bank (SVB) on March 10 after a…
If you didn’t think that solving how to stop cows from burping is a million-dollar idea, well, Bill Gates apparently does. The Microsoft co-founder and billionaire has reportedly backed an Australian-based startup looking to stop cows from burping methane emissions, pouring funds into research around livestock food supplements. According to a press release,…
The one-time tech visionary who invented Snapchat’s disappearing-photos feature vanished from the public eye after a nasty legal battle with his co-founders — and has since been accused of running amok in a swanky gated community, The Post has learned. Reggie Brown, who co-founded Snapchat with Evan Spiegel and Bobby…
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