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BENGALURU (Reuters) -Alphabet's Google and venture capital firm Accel will partner to fund at least 10 early-stage Indian AI startups, marking the U.S. technology giant's first such funding partnership, top executives at the companies said on Thursday. Under the partnership, Google's AI Futures Fund and Accel will co-invest up to $2 million in each startup, Prayank Swaroop, partner at Accel, told Reuters in an interview, with the investments focussed on the wide areas of entertainment, creativity, work and coding. The announcement comes after Google in October said it would invest $15 billion over five years to set up an AI data centre in the southern Indian state of Andhra Pradesh, its biggest-ever investment in the country...
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Google and Accel will jointly invest up to $2 million in each startup through their new partnership...
Continue ReadingSTOCKHOLM (Reuters) -Estonian ride-hailing company Bolt said on Tuesday it has partnered with Chinese autonomous driving firm Pony.ai as it seeks to add driverless cars to its taxi services in Europe. The companies will first test and validate safety for the fully autonomous, driverless capability before deploying them in various European countries. "Bolt's ambition is to be one of the first platforms to provide fully driverless autonomous vehicles in the EU," CEO Markus Villig told Reuters...
Continue ReadingMarkets are muted after a strong start to the week as investors take stock of a Fed-fuelled rebound...
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Shares of server solutions provider Super Micro (NASDAQ:SMCI) jumped 2.8% in the afternoon session after renewed enthusiasm for Alphabet reinvigorated the artificial intelligence trade, propelling a market rebound heading into the Thanksgiving holiday. The Nasdaq index jumped 2.6% and the S&P 500 gained 1.6%, driven by a 5% rally in Alphabet following the announcement of its upgraded Gemini 3 AI model. This optimism spilled over into the broader tech sector, lifting shares of Broadcom, Micron, a...
Continue ReadingShares of technology and consulting giant IBM (NYSE:IBM) jumped 2.8% in the afternoon session after renewed enthusiasm for Alphabet reinvigorated the artificial intelligence trade, propelling a market rebound heading into the Thanksgiving holiday...
Continue ReadingInvesting.com -- Google is sharply escalating its bid to rival Nvidia in the AI chip race, and Meta is emerging as a potential multibillion-dollar customer, The Information reported Monday evening. For years, Google has limited its custom tensor processing units (TPUs) to its own cloud data centers, renting them out to companies running large-scale AI workloads. But according to The Information, Google is now pitching the chips for deployment inside customers’ own data centers, marking a major s...
Continue ReadingIt was a strong bounce-back day for the tech space, with all "Mag 7" stocks up for the session...
Continue ReadingA search giant built on its positive momentum on Monday, Nov. 24, 2025, following the release of its latest AI model, while another Big Tech name got a boost from its AI chip ambitions...
Continue ReadingZyphra adopts AMD Instinct GPUs for advanced foundation model training...
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