PM Modi urges BRICS to invest in people-centric health innovation
Brazil has formally submitted a proposal to the New Development Bank (NDB) of BRICS countries for the development of its first smart public hospital within...
Tag : artificial intelligence
Amazon-backed Anthropic’s valuation jumps to $61.5B
AI startup Anthropic has seen its valuation soar to $61.5 billion following its latest funding round, marking a threefold increase in a short span. The...
Korea to invest $285M in advanced industrial technologies
The Republic of Korea has announced plans to invest 414.2 billion won (approximately $285 million) in the development of advanced industrial technologies by 2031, aiming...
EU AI Champions Initiative secures €150 billion funding boost
As the 2025 AI Action Summit unfolds in Paris, Europe is making a decisive push to establish itself as a global leader in artificial intelligence....
Amazon plans $100 billion AI investment to stay ahead in tech race
Amazon has announced plans to increase its capital expenditures to $100 billion in 2025, marking a significant investment in artificial intelligence and cloud infrastructure. The...
Nvidia shares rise as Alphabet boosts AI investments for 2025
Nvidia's stock surged over 4% on Wednesday, rebounding from last week's sell-off as concerns over China's DeepSeek AI model failed to dampen Big Tech's spending...
EU rolls out landmark AI law, prohibiting social scoring and exploitation
The European Union’s Artificial Intelligence Act (AI Act) officially came into force on Sunday, introducing a comprehensive regulatory framework to govern AI applications across its...
Trump unveils $500B AI venture with OpenAI Softbank and Oracle
Former U.S. President Donald Trump has unveiled a groundbreaking private-sector initiative involving a $500 billion investment in artificial intelligence infrastructure. The announcement, made on Tuesday...
Microsoft to invest $80 billion in AI data centers by June 2025
Microsoft has announced plans to invest $80 billion in AI-enabled data centers during its current fiscal year, which ends in June 2025. More than half...
Trump appoints Indian-American Sriram Krishnan as AI policy advisor
President-elect Donald Trump has appointed Indian-American entrepreneur Sriram Krishnan as Senior White House Policy Advisor on Artificial Intelligence (AI). Krishnan is set to collaborate with...