AI investment News

Google Invests $1 Billion in Anthropic, OpenAI's Emerging Rival, Shaping the Future of AI

Google's additional $1 billion investment in Anthropic highlights the fierce competition in the AI industry, with Anthropic's valuation nearing $60 billion. This move is part of a ...

ByteDance to Invest Over $12 Billion in AI Chip Technology by 2025

ByteDance, TikTok's owner, plans a massive $12 billion investment in AI infrastructure by 2025, focusing on AI chip purchases and enhancing foundation model training capabilities. ...

Dow Soars 530 Points as Trump's Inauguration Sparks Market Optimism

U.S. stock markets experienced a significant rally as President Trump's inauguration and immediate actions, including signing 42 executive orders, boosted investor confidence. The ...

S&P 500 Ends Five-Day Slump with a 1.2% Surge, Led by Tech Stocks

The US stock market saw a positive turnaround as the S&P 500 ended a five-day losing streak with a 1.2% gain, driven by tech stocks. Microsoft's $80 billion investment announcement...

Nandan Nilekani: India Should Not Invest in Building Another LLM

Nandan Nilekani argues against India investing in building another large language model, suggesting resources should be directed towards compute, infrastructure, and AI cloud inste...