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Aditya Birla Sun Life Launches AI Tool for Mutual Funds

Analytics Vidhya

Aditya Birla Sun Life AMC has launched MyMutualFundGPT, a cutting-edge AI-based search assist tool aimed at enhancing investor experience across digital platforms. This innovative tool marks a significant milestone in providing intuitive and engaging solutions to investor queries.

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UAE unveils new AI model to rival big tech giants

AI News

It’s worth noting that Abu Dhabi’s ruling family controls some of the world’s largest sovereign wealth funds, worth about US$1.5 These funds, formerly used to diversify the UAE’s oil wealth, are now critical for accelerating growth in AI and other cutting-edge technologies.

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Intel Announces the Formation of AI Firm Articul8 AI

Analytics Vidhya

An array of notable investors like DigitalBridge Group are funding this venture. Intel is boosting its AI presence with a new company, Articul8 AI, dedicated to only Generative AI. The move […] The post Intel Announces the Formation of AI Firm Articul8 AI appeared first on Analytics Vidhya.

AI 264
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Jeff Bezos and NVIDIA Help Perplexity AI Take On Google Search

Analytics Vidhya

In a recent funding round, Perplexity AI, the AI-powered search engine, raised an impressive $73.6 million, led by notable investors including Jeff Bezos and Nvidia. This influx of capital brings Perplexity’s valuation to a substantial $520 million.

AI 251
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Elon Musk’s xAI Seeks Billion-Dollar Funding Boost

Unite.AI

In a bold move that signals a significant shakeup in the artificial intelligence landscape, Elon Musk's xAI, is on a mission to secure a substantial $1 billion in funding. This funding initiative has garnered significant interest from equity investors. This funding endeavor by xAI comes at a critical juncture in the AI industry.

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UAE set to help fund OpenAI’s in-house chips

AI News

In order to achieve its goal of creating semiconductor chips internally, OpenAI is reportedly seeking investments worth trillions of dollars from investors worldwide. billion pot of funds set aside from Horizon Europe to support research in semiconductor technologies up to 2027. .

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Figure AI’s Journey to Robotics Dominance with BMW, Microsoft, and OpenAI Support

Unite.AI

Figure AI's recent developments, including a strategic partnership with BMW and substantial funding talks, signal a transformative shift not only in the robotics sector but also across various industries.

Robotics 311