Private investments in ai articles
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AI investments: Alphabet, Microsoft earnings show hefty AI bets are driving growth
Alphabet and Microsoft ignited a rally in technology stocks on Friday with earnings that showed big AI investments were driving growth, allaying doubts that their costly bets would take time to pay off after a soft forecast from Meta Platforms. Alphabet rose 10%, crossing $2 trillion in market value with a gain of about $180 billion as it sweetened the pot for investors with its maiden dividend and a $70 billion stock buyback. The world's fourth most valuable firm flirted with the milestone on...
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AI startups: Good Capital plans to invest $25 million in Indian AI startups this fiscal
Mauritius-based venture capital firm Good Capital on Friday said it plans to invest USD 25 million, about Rs 200 crore, in Indian AI startups this fiscal. The investment will be made from the corpus of USD 50 million Good Capital Fund II, which is expected to be used by 2027. "The total fund is USD 50 million which is planned to be used by 2027. Out of which Good Capital is deploying USD 25 million in AI startups empowering intermediaries and plans to deploy this by 2025," Arjun Malhotra,...
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Google Invests in AI Education as it Unleashes ‘Secret Weapon’
Google just announced a massive investment in training Americans to use its biased and anti-free speech artificial intelligence. Big Tech giant Google proudly declared its AI education investment in an April 26 release. Beneficiaries of these funds include the Institute for Veterans and Military Families (IVMF) and Goodwill, which are each expected to train American military members, veterans and civilians in AI skills. The problem? Google’s AI and search engine both have a track record of...