Enterprise

In a remarkable leap towards growth, Physics Wallah, an Indian education technology startup, recently announced it has secured $210 million in funding. This capital raise, led by Hornbill Capital with contribution from notable investors such as Lightspeed Venture Partners, GSV, and WestBridge, marks a substantial increase in the company’s valuation—from $1.1 billion to an impressive
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In a significant development for the artificial intelligence landscape, Alibaba has unveiled over 100 open-source AI models aimed at diversifying its applications across various sectors. Dubbed Qwen 2.5, these models primarily target industries including automotive, gaming, and scientific research. This unveiling not only enhances Alibaba’s proprietary technology but also signals its intent to bolster its
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On a pivotal Wednesday for tech accountability in electoral integrity, significant participants like Alphabet, Meta, and Microsoft convened on Capitol Hill for a hearing spearheaded by the Senate Intelligence Committee. In stark contrast, Elon Musk’s social media platform, X, was notably absent from the proceedings, raising eyebrows among lawmakers and the public alike. The hearing
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In recent weeks, the world of bitcoin has witnessed a dramatic juxtaposition of highs and lows, captivating the attention of cryptocurrency followers. On one hand, a substantial increase of 12% in value over a seven-day span has reinvigorated the enthusiasm among investors. Additionally, the network hash rate, which represents the total computational power contributed by
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As Saudi Arabia positions itself as a growing player in the global artificial intelligence (AI) landscape, the hope of accessing advanced technology from U.S. chipmaker Nvidia signifies a potential leap forward. Abdulrahman Tariq Habib, Deputy CEO of the Saudi Data and AI Authority (SDAIA), recently expressed optimism regarding the kingdom’s expected acquisition of Nvidia’s high-performance
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Larry Ellison recently celebrated his 80th birthday, marking a significant milestone in his illustrious career as the founder of Oracle. In a tech landscape dominated by artificial intelligence, Oracle has managed to stand out as a Wall Street favorite. With a recent earnings report exceeding expectations, Oracle’s stock price soared by 11% and closed at
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Recently, California Attorney General Rob Bonta issued a stern warning to executives in the tech industry, urging them to take greater measures to safeguard voters from deception, intimidation, and dissuasion in the lead-up to the upcoming November election. It was emphasized that millions of Californians rely heavily on social media platforms and artificial intelligence services
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