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AMD is currently in discussions with India to enhance its indigenous GPU capabilities. The company is on track with a significant investment of $400 million aimed at bolstering its presence in the region.
Bedrock Ocean has successfully raised $25 million to enhance its efforts in mapping the seafloor using advanced robotics. This funding aims to support innovative technologies that will improve underwater exploration and data collection. The initiative highlights the growing interest in oceanic research and sustainable practices.
Tunisia-based AI startup Thunder Code has raised $9 million in seed funding to enhance its AI-native software testing platform, enabling non-technical users to automate testing and improve QA efficiency by 90%. Founded by Karim Jouini and Jihed Othmani, the platform features advanced capabilities like natural language test creation and self-healing scripts, aiming to redefine quality assurance standards globally.
OpenAI has entered into a significant cloud partnership with Google, marking a notable collaboration despite their ongoing competition in the AI sector. This unprecedented deal highlights the evolving landscape of technology alliances as companies seek to leverage each other's strengths.
Infibeam plans to utilize the proceeds from its INR 700 crore rights issue to enhance its artificial intelligence initiatives. This strategic move aims to strengthen the company's position in the rapidly evolving AI sector.
OpenAI has entered into a significant cloud partnership with Google, marking a notable development despite the ongoing rivalry in the AI sector. This unprecedented deal highlights the evolving landscape of technology collaborations amidst competitive tensions.
Apple's recent announcements at WWDC have been characterized as "more evolutionary than revolutionary," according to UBS, which suggests these updates are unlikely to significantly boost iPhone demand. The firm has a Neutral rating on Apple shares with a price target of $210, expressing concerns that current iPhone revenue estimates for the next year may be overly optimistic.
Nvidia's CEO Jensen Huang once hailed Huawei as China's top tech firm, but Huawei's founder Ren Zhengfei admitted the company's chips are still "one generation behind" U.S. competitors. Despite investing $25 billion annually in R&D, Huawei faces challenges in matching U.S. chip technology. Meanwhile, Huawei's AI chips are emerging as competitors to Nvidia's, although U.S. export restrictions hinder Nvidia's access to the Chinese market.
Huawei's founder, Ren Zhengfei, is advocating for China's advancement in AI and software despite US export restrictions. He acknowledges the challenges posed by US chip limits but sees opportunities in chip packaging and stacking, indicating a strategic shift towards enhancing domestic tech capabilities. This move reflects broader geopolitical tensions and could reshape global tech dynamics as China aims for self-reliance in technology.
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The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
AMD engages India for local GPU development with significant investment plans
00:14 11.06.2025
bedrock ocean secures 25 million to explore seafloor with robotics
22:33 10.06.2025
tunisian ai startup thunder code secures 9 million to transform software testing
TUN
FRA
ESP
SAU
SWE
QAT
Karim Jouini
Jihed Othmani
Iheb Triki
Mohamed Ali Abid
Roxanne Varza
Guillaume Amblard
Mark Aitchison
Oliver Wallace
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20:11 10.06.2025
openai partners with google for groundbreaking cloud collaboration amid ai competition
19:33 10.06.2025
Infibeam plans to enhance AI initiatives with 700 crore rights issue funds
18:06 10.06.2025
OpenAI partners with Google for groundbreaking cloud collaboration amid AI competition
16:58 10.06.2025
Apple WWDC Announcements Seen as Evolutionary Not Revolutionary by UBS
12:10 10.06.2025
Huawei CEO Acknowledges Chip Technology Lags Behind US Competitors
11:43 10.06.2025
Huawei Founder Advocates for China's AI Growth Amid US Export Restrictions
10:16 10.06.2025
Swedish AI startup Lovable seeks 100 million dollars in funding talks
09:40 10.06.2025
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