In a move expected to shake up the tech industry, Intel is preparing to launch Arrow Lake as its next-generation processor, replacing the highly acclaimed Raptor Lake. This advanced chip marks a monumental transition for Intel as it embraces a new tile-based design, departing from the traditional monolithic chips of the past. With Arrow Lake, Intel aims to redefine desktop
Elon Musk’s AI startup, xAI, is reportedly in discussions to raise up to $6 billion from global investors, signaling the company’s ambitious plans to advance the field of artificial intelligence. With this significant funding round, xAI aims to further develop and deploy cutting-edge AI technologies. The potential investment could potentially value xAI at a remarkable $20 billion, further solidifying its
Cap VC, a disruptive player in the venture capital industry, is shaking up the way funding is provided to disruptors. With their revolutionary platform, they are revolutionizing the relationship between venture capitalists (VCs) and the companies they invest in. By providing comprehensive insights, converting unstructured data into structured information, and building a robust ecosystem, Cap VC aims to empower VCs
Fintech firm Kriya has recently announced its latest funding achievement, securing a substantial €58 million funding facility from its long-standing debt and equity partner, Viola Group. This significant injection of capital will enable Kriya to process over £1 billion of B2B payments over the next 24 months, fueling its expansion plans and solidifying its position in the market. Expansion Plans
Dr. Neeraj Mittal, Chairman of the Digital Communications Commission, recently unveiled the “Bharat 5G Portal” during the “Bharat Telecom 2024” expo. This portal is set to revolutionize India’s telecom sector by fostering innovation, collaboration, and knowledge-sharing in the field of 5G and future technologies like 6G. With India’s rapid progress in the 5G rollout and emphasis on becoming self-reliant, the
Rebellions, a South Korean fabless AI chip startup, has announced the successful closure of a Series B funding round, securing an impressive $124 million. The funding will be utilized to propel the development of their highly anticipated third AI chip, aptly named Rebel. This significant investment reflects the growing market demand for advanced AI technologies and values the startup at
Krutrim, an AI startup founded by Bhavish Aggarwal, the visionary entrepreneur behind Ola and Ola Electric, has recently achieved a remarkable milestone. The company has secured a significant funding round of $50 million, led by Matrix Partners India. This funding brings Krutrim’s valuation to an impressive $1 billion, making it the fastest Indian startup to become a unicorn and the
In a recent incident, the language AI startup, Anthropic, has found itself grappling with a data leak that has impacted a subset of its users. This article explores the details of the leak, delves into the ongoing investigation by the Federal Trade Commission (FTC) surrounding Anthropic’s strategic partnerships, and examines the implications of the breach. Details of the data leak
In today’s rapidly evolving business landscape, staying ahead requires deep insights and informed decision-making. The worldwide Network Attached Storage (NAS) Memory market is no exception. Businesses, investors, and decision-makers in this market need actionable insights to navigate its dynamics. This comprehensive market report aims to provide a profound exploration of the NAS Memory market, equipping stakeholders with the knowledge needed
AMD, renowned for its consistent two-year cadence of CPU launches, has raised eyebrows with recent rumors suggesting a significant departure from its usual schedule. According to insiders, AMD might be adjusting its plans for the highly anticipated Zen 5 architecture, potentially launching it as early as April instead of the previously anticipated September release. This unexpected shift in the launch
Perplexity.AI, a game-changer in the search engine market, is taking on big tech giants like Google and Microsoft by offering a simple yet incredibly effective AI-powered search engine experience. With its unique approach to information retrieval, Perplexity.AI aims to revolutionize how users access and explore knowledge online. Series B Funding Round Boost In an exciting development, Perplexity.AI recently announced a
In today’s technologically-driven world, understanding the economics of AI startups is of paramount importance. As AI continues to reshape industries, it is crucial to delve into the unique financial dynamics that these startups face. This article explores the economics of AI startups by comparing them to software startups, analyzing the valuation profiles, discussing the impact of revenue quality, and highlighting
