Tuesday, October 22, 2024

AI startup Neysa raises $30 million in funding round led by NTTVC, others

The company's founder Sharad Sanghi, said the funds will be used for scaling up infrastructure and fuel research and development to democratise access to scalable AI solutions. The startup expects a growth of 200-300% next year, aiming to almost treble its revenue.

from Tech-Economic Times https://ift.tt/6ACRy5Z

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OpenAI Foundation outlines $1 billion push, expands leadership team

OpenAI has committed at least $1 billion over the next year as part of recapitalisation efforts for its Foundation. The investment is aimed ...