With an additional $7.5 million in funding from Flybridge, CityLight Capital and Lerer Hippeau, Teal is expanding into direct-to-consumer AI interview prep and salary and benefits comparisons.
Masayoshi Son founded SoftBank in 1981. It has invested millions in some of Silicon Valley's biggest tech companies.
Elon Musk says OpenAI doesn't have the funds for AI infrastructure project Stargate. The Tesla CEO has a strong case for his argument. The post AI-powered martech news and releases: January 23 appeared first on MarTech.
U.S. President Donald Trump announced Stargate, a $500 billion AI infrastructure project that's expected to provide 100,000 jobs and boost the American economy, but Elon Musk believes the three companies leading the project don't have the funds.
Trump was joined by SoftBank Group Corp.’s Masayoshi Son, OpenAI’s Sam Altman and Oracle Corp.’s Larry Ellison at the White House to announce the venture, dubbed Stargate, which they said would deploy $100 billion immediately with the goal of eventually spending $500 billion for the construction of data centers and physical campuses.
Trump lauded the up to $500 billion partnership with OpenAI, Oracle, and SoftBank to build out data centers and electricity generation in Texas to support U.S. AI development.
The effort was described as a $500 billion investment in artificial intelligence. Read how a small Texas city with a population of about 130,000 fits into the plans.
The president says their new entity, Stargate, will make a “tremendous investment” in what he says will be the “largest AI infrastructure project, by far, in history.”
WeWork India has raised Rs 500 crore through a rights issue, with investments from Embassy Group and WeWork Global. The funds will be used to repay debt and fuel future growth. WeWork India continues to expand,
Brendan Wallace has a lot on his mind lately. Wallace is the co-founder of Fifth Wall Ventures, a nine-year-old proptech venture firm with $3.2 billion in
President Donald Trump's behemoth $500 billion AI infrastructure project, dubbed Stargate, may be doomed from the start. According to the Financial Times' sources, the project will "exclusively serve" OpenAI,