Tag: $250 million
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Nvidia pledges $250 million to UK AI safety research
LONDON, Oct 14 : US chipmaker Nvidia has pledged $250 million worth of computing resources to Britain over five years, to fund AI security research, bolstering the country’s ambitions to become a global centre for AI governance and security.While Britain is not home to any major AI developers, it is seeking a
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Nvidia pledges $250 million to boost UK AI safety research
Oct 14 : US-chipmaker Nvidia said on Wednesday it would donate computing resources valued at $250 million over five years to support agentic AI safety and security research in the United Kingdom.The commitment provides $50 million in compute access annually, with a portion going to Oxford-led lab BOLD, UCL-le
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Varda raises $250 million at $1.6 billion valuation to scale orbital drug manufacturing
WASHINGTON, Sept 30 : In-space manufacturing startup Varda Space has raised $250 million in a Series D round at a $1.6 billion valuation, the company told Reuters, as it ramps up missions to produce pharmaceuticals in microgravity.El Segundo-based Varda is one of a handful of US companies building a fleet of
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BHP-backed I-Pulse wins $250 million US CHIPS award for silicon-carbide semiconductors
June 25 : Mining giant BHP-backed I-Pulse said on Thursday it had signed an agreement with the U.S. Department of Commerce for a $250 million award to advance its semiconductor and pulsed-power technology.The award from the department’s CHIPS Research and Development Office is aimed at supporting U.S. semicon
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