Source: TechCrunch

Google Cloud now has a dedicated cluster of Nvidia GPUs for Y Combinator startups

Google Cloud is giving Y Combinator startups access to a dedicated, subsidized cluster of Nvidia graphics processing units and Google tensor processing units to build AI models. It’s part of…
Maxwell Zeff
Aug. 1, 2024, 1:32 p.m.
5 min read
Source: TechCrunch

Indian startups gut valuations ahead of IPO push

Two large Indian startups, Ola Electric and FirstCry, are set to test investor appetite with their public listings this month, but both have had to price their shares below their previous valuations as they come to terms with new market realities. Ola Electric, India’s biggest electric two-wheeler maker, aims to…
Manish Singh
Aug. 1, 2024, 1:02 p.m.
5 min read
Source: TechCrunch

Google Cloud now has a dedicated cluster of Nvidia GPUs for Y Combinator startups

Google Cloud is giving Y Combinator startups access to a dedicated, subsidized cluster of Nvidia graphics processing units and Google tensor processing units to build AI models. It’s part of…
Maxwell Zeff
Aug. 1, 2024, 1:02 p.m.
5 min read
Source: TechCrunch

The EU’s AI Act is now in force

The European Union’s risk-based regulation for applications of artificial intelligence has come into force starting from today.
Natasha Lomas
Aug. 1, 2024, 12:02 p.m.
5 min read
Source: TechCrunch

Healx, an AI-enabled drug discovery platform for rare diseases, raises $47M

Healx, a U.K. startup using AI to discover new drugs for rare diseases, has raised $47 million in a Series C round of funding co-led by Europe’s Atomico and Silicon…
Paul Sawers
Aug. 1, 2024, 11:02 a.m.
5 min read
Source: TechCrunch

EU greenlights HPE’s $14B Juniper Networks acquisition

The European Commission (EC) has given the go-ahead to HPE’s planned megabucks acquisition of Juniper Networks, concluding that the proposed transaction “would raise no competition concerns in the European Economic…
Paul Sawers
Aug. 1, 2024, 10:32 a.m.
5 min read
Source: TechCrunch

Axle Energy’s sprint to decarbonize the grid lights up with $9M seed led by Accel

Axle Energy is a B2B, back-end infrastructure business focused on connecting flexible assets, such as electric vehicles and home batteries, to energy markets that aren’t otherwise available for consumers to…
Natasha Lomas
Aug. 1, 2024, 8:02 a.m.
5 min read
Source: TechCrunch

Zuckerberg says Meta will need 10x more computing power to train Llama 4 than Llama 3

Meta, which develops one of the biggest foundational open-source large language models, Llama, believes it will need significantly more computing power to train models in the future. Mark Zuckerberg said…
Ivan Mehta
Aug. 1, 2024, 8:02 a.m.
5 min read
Source: TechCrunch

OpenAI pledges to give U.S. AI Safety Institute early access to its next model

OpenAI CEO Sam Altman says that OpenAI is working with the U.S. AI Safety Institute, a federal government body that aims to assess and address risks in AI platforms, on…
Kyle Wiggers
Aug. 1, 2024, 6:02 a.m.
5 min read
Source: TechCrunch

Meta says India is the largest market for Meta AI usage

WhatsApp’s massive 500 million users in India have supercharged Meta’s AI ambitions. Meta CFO Susan Li said Wednesday that India is the largest market in terms of Meta AI usage,…
Ivan Mehta
Aug. 1, 2024, 4:02 a.m.
5 min read
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