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DeepNewz, mobile.
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Fractal Analytics, an AI services provider and India's first AI unicorn, is considering an IPO in Mumbai as soon as November to raise $500 million. The company, headquartered in Mumbai and New York, aims for a valuation of $3.5 billion. Fractal provides AI services to major clients such as Google, Unilever, and Kraft Heinz.
Sam Altman, OpenAI’s CEO, is talking to investors in the U.A.E., Asian chipmakers and U.S. officials in hopes of uniting on a multitrillion-dollar effort to erect new chip factories and data centers across the globe to build up AI. https://t.co/gdGZN24TEX
AI Investments Surge Observed. Here are a few Big Bets on AI: Fractal’s $500M IPO as India's first AI unicorn Saudi Arabia’s sovereign wealth fund is investing billions in AI startups like @MistralAI and @databricks . @AnthropicAI $40B Valuation, x2 after 6 months.
Sam Altman, OpenAI’s chief executive, is talking to the United Arab Emirates, Asian chipmakers and U.S. officials to expand the computing power needed to build artificial intelligence. https://t.co/RIC6uMsPfb
