OpenAI Secures $175 Million Investment Fund to Empower AI Startups
OpenAI, the company behind the popular AI chatbot ChatGPT, has successfully closed a $175 million investment fund aimed...
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Lawmakers seek details on unusually close ties of failed bank with tech clients
On Friday, the 10th of March, Silicon Valley Bank based in Santa Clara, California collapsed, making it the...
Sam Altman & Vinod Khosla declare to provide loans to startups following SVB collapse On Twitter, Altman and Khosla both urged venture capitalists to provide workers with money in case of emergency.
Sam Altman, the CEO of OpenAI, and famous VC Vinod Khosla have appeared as the startups’ heroes after...
List of companies affected by the Silicon Valley Bank crisis
The state of California’s financial and banking regulators announced on March 10, 2023, that they will be taking...
SVB Securities mulls buyout of collapsed parent company, Silicon Valley Bank
According to a report by Bloomberg News, the managers of Silicon Valley Bank’s investment banking arm, SVB Securities,...
Spinoff Sandbox AQ raises $500 m for cyber security Quantum computing is among the core technologies declared essential for global defense by the American government.
A firm that was split from Alphabet Inc (GOOGL.O) the previous year, Sandbox AQ, announced on Tuesday that...
Bret Taylor, former CEO of Salesforce to start AI company
Bret Taylor recently held two of the most prominent roles in technology. Along with Marc Benioff, he worked...
Grover hires seven people, Third Unicorn to be a B2C startup Ghavri claimed that the venture's official release will be announced in late February or early March.
According to Aseem Ghavri, who now has partnered with the Grovers for an initiative, the Third Unicorn, a...
Alibaba divests 3.1% of its stake in India’s Paytm for $125million
Alibaba Group has sold a 3.1% stake in Indian digital payments company, Paytm, for $125 million through a...
Anticipated Tech IPOs In US market for the year 2023
The year 2023 seems to be a year of IPO in which many tech companies will be launching...