Page 6 - Tech Process News Today

The firm, backed by Temasek, said the latest fund is 80% larger than Fund IV, which it closed at $305 million in 2019.

An artificial intelligence benchmark group called MLCommons unveiled the results on Monday of new tests that determine how quickly top-of-the-line hardware can run AI models.

Kharge also said the states skill advisory committee for emerging tech is looking at more ways to upskill people to close learning gaps and make them more employable.

Ahead of the ET Startup Awards 2023 jury meeting today, the elite panel sums up what they look for in a winner. Uday Kotak shares his views on what makes a winner standout.

Founded by executives from Broadcom and Alphabets Google, Enfabrica is part of a broader trend of data centres being completely re-designed to create generative AI technologies similar to ChatGPT.

A group of U.S. authors, including Pulitzer Prize winner Michael Chabon, has sued OpenAI in federal court in San Francisco, accusing the Microsoft-backed program of misusing their writing to train its popular artificial intelligence-powered chatbot ChatGPT.

Photo and video-sharing app Instagram is down for users globally. The reason behind the outage has not yet been ascertained.

In a court filing, the Justice Department asked the 5th US Circuit Court of Appeals for a new ruling to prevent the "improper result" of allowing parts of the lower court order "to regain effect even after having been held invalid by this court."

The latest funding, led by venture capital firm Prime Movers Lab, takes the total equity investment in Lyten to more than $410 million.

The other five companies signing on to the commitments are Palantir, Stability, Salesforce, Scale and Cohere.