Microsoft to Invest $2.7 Billion in Brazil
Microsoft on Thursday, September 26, announced its intention to invest 14.7 billion reais ($2.7 billion) in Brazil over three years.
Investing - page 11
Microsoft to Invest $1.3 Billion in Mexico
Technology giant Microsoft on Tuesday, September 24, announced its intention to invest $1.3 billion to build up its infrastructure for cloud computing and artificial intelligence in Mexico over the next three years.
AI Startup Phacet Reportedly Raises $4 Million
The media reports that the startup Phacet, which operates in the space of the artificial intelligence industry, managed to raise investment funds for $4.4 million.
Samsung Plans to Invest $1.8 Billion More in Vietnam
South Korea’s Samsung Display Co. intends to invest $1.8 billion in a project to build a factory in the northern part of Vietnam.
Microsoft and BlackRock to Launch Fund for AI Infrastructure
BlackRock and Microsoft intend to launch a fund worth more than $30 billion to invest in artificial intelligence infrastructure.
VC Firm Insight Partners Reportedly Prepares to Close $10 Billion-Plus Fund
The media reports that the venture capital company Insight Partners is currently preparing to close a fund worth more than $10 billion.
World Labs Gets Investments to Develop Spatially Intelligent AI
World Labs has announced that it has managed to raise investment funds for $230 million, which will be used to develop large world models.
Form3 Raises $60 Million
Form3 has completed an extension of the $60 million Series C funding round.
Amazon Invests Another $2.1 Billion in Its Delivery Service Partner
Amazon has invested another $2.1 billion in its program called Delivery Service Partner (DSP), which is designed to help entrepreneurs who are representatives of the small business sector build delivery companies.
KeyBank Invests In Zentist Software
Cleveland-based KeyCorp, the parent company of KeyBank, announced a strategic partnership with Zentist, a provider of cloud-based insurance revenue cycle management (RCM) software for dental support organizations (DSOs) across the United States.
Conversational Commerce Startup Connectly Raises $20 Million
Connectly, a startup operating in the area of conversational commerce, announced that it managed to raise $20 million in financing.
AWS to Invest $10 Billion in UK Data Centres
Unit of Amazon, which specializes in cloud computing and is called Amazon Web Services (AWS), on Wednesday, September 11, announced its intention to invest 8 billion pounds ($10.45 billion) in the United Kingdom over the next five years.
Sedric AI Raises $18.5 Million
Sedric AI has announced that it has managed to raise $18.5 million in investments as part of a Series A funding round.
Ilya Sutskever Raises $1 Billion for His New AI Company
OpenAI co-founder Ilya Sutskever, who left the startup in May that developed the world’s most popular artificial intelligence-powered chatbot called ChatGPT, has raised $1 billion in investment funding for his new company, Safe Superintelligence, or SSI.
Magic Raises $320 Million
Magic has announced that it has raised $320 million in funding to develop an artificial intelligence coworker for AI research and code generation.
OpenAI Reportedly Seeks to Raise Several Billion Dollars
The media reports that OpenAI is planning to raise investments worth several billion dollars as part of a new round of financing.
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