mgx

Openai close to finalising $ 40 billion softbank-long funding

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OpenAI

Openai is close to finalizing a $ 40 billion (roughly Rs. 3,43,265 Crore) Funding Round LED by Softbank Group – With Investors Investors Including Magnetar Capital, Coatue Management, Founders Fund and Altimeter Capital Management in Talks to Participate, According to People Familiar with the Matter. Magnetar Capital-An Evanston, Illinois-Based Hedge Fund-Block Contribute Up to $ … Read more

Nvidia, Musk’s Xai to Join Microsoft, Blackrock and MGX to develop ai infrastructure

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ByteDance Develops OmniHuman, an AI Framework That Can Generate Realistic Videos of Humans

Nvidia and elon musk’s xai have joined a consortium backed by microsoft, investment fund MGX and Black to expand ai infrastructure in the US, the company said on also Dominate the nascent technology intensifies. The group, formed last year with a goal to initially more than $ 30 billion (roughly Rs. 2,58,984 Crore) in Ai-Related … Read more