OpenAI has bought back $7 billion worth of shares from employees at the privately held frontier AI lab as part of an effort to provide liquidity to its workforce. The deal, reported by Bloomberg, valued OpenAI at $852 billion, the same as its most recent fund…
Andhra Pradesh is using AI and data analytics across GST administration, with the GST Council praising its model for revenue monitoring and tax compliance.
Happy Tuesday! Yulu and Bounce Infinity are back in the funding market as rising delivery demand gives them a fresh boost. This and more in today’s ETtech Morning Dispatch.
In an ambitious collaboration, Nvidia is joining forces with six prominent financial institutions to establish compute financing platforms with the goal of unlocking upwards of $500 billion in third-party investment for AI infrastructure.
Some of Wall Street’s biggest financial firms are partnering with Nvidia Corp. to pour a half-trillion dollars of funding into the artificial intelligence industry’s massive infrastructure buildout. Nvidia said today it has struck deals with Apollo Global Man…
