AWS to Invest $11 Billion in Georgia
Amazon Web Services (AWS), backed by local leaders, has announced plans to invest an estimated $11 million to expand its infrastructure in Georgia.
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Anthropic Reportedly to Raise $2 Billion
The media published information that the startup Anthropic, which is currently one of the largest players in the global artificial intelligence industry, is close to concluding the deal to raise an additional $2 billion.
Indian Startup Funding Witnesses 20% Growth
In 2024, the Indian startup ecosystem recovered strongly, with funding exceeding $12 billion across 993 deals.
Microsoft Plans to Invest $80 Billion on AI-Enabled Data Centers
Microsoft plans to invest about $80 billion in the development of data centers for training artificial intelligence models and deployment of AI and cloud-based apps in fiscal 2025.
Infinant Raises $15 Million
Infinant raised $15 million in a Series A financing round.
Bitcoin Falls Below $94K
Bitcoin’s price fell to $93,700, a significant drop from its all-time high of about $108,000 registered on December 17.
Foxconn Invests in AI Data Center Firm
Foxconn, a giant in the global electronics manufacturing sector, is partnering with Zettabyte, a company specializing in artificial intelligence infrastructure.
Elon Musk’s xAI Raises $6 Billion
Elon Musk’s company xAI raised $6 billion in a Series C financing round.
Foreign Investments in Israel Demonstrate Growth
In the first half of the current year, there was an increase in investment in Israel, even though the country was at war on several fronts in Gaza and Lebanon, and was experiencing tension in relations with Iran, which in some cases had an armed form of expression.
Anatomy Financial Raises $19 Million
Anatomy Financial raised $19 million as part of the Series A funding round.
Top Apps to Maximise Your Savings
Savings are an important part of personal finance management. Piggy banks might be good for children as they present a nice visual representation of savings utility. However, extra money in a piggy bank cannot earn interest unlike a savings account. Besides, it is hard to administer and store larger savings (e.g. retirement fund, saving for […]
Justt Raises $30 Million
Chargeback management company Justt raised a $30 million investment to bolster its platform powered by artificial intelligence.
China’s GenAI Sector Sees More Funding
The Chinese generative artificial intelligence sector received more funding this year, but at the same time recorded a decrease in the number of deals.
Indian Startups Raise 6% More This Year, With Funding Rounds Getting Scarcer
In 2024, Indian startups experienced a 32% decline in funding rounds compared to the previous year, although the aggregate funding amount itself grew by 6%.
AI Startup Basis Raises $34 Million
The startup Basis, which operates in the space of the artificial intelligence industry, on Tuesday, December 17, announced that it managed to raise investments for $34 million as part of the Series A funding round.
Australia Develops Plan to Boost AI Investment
In Australia, the Department of Industry, Science and Resources is starting work on a National AI Capability Plan.
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