Tag: Start-up
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Former OpenAI exec has quietly built $1.5 billion startup, betting AI can revive U.S. manufacturing
Former OpenAI executive Bob McGrew is launching Arda at a $1.5 billion.
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Robot factories and hypersonic missiles: JPMorgan Chase’s first $5 billion of defense investments
With $5 billion already deployed off its balance sheet, JPMorgan Chase is racing ahead on direct investments in defense tech, hardware and supply chains.
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Nvidia GPUs are everywhere. Here are the ways companies are accessing them
One industry researcher identified over 300 neoclouds that can provide GPU capacity, up about 55% in less than a year.
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India readies $25 billion for Deep Tech investment as U.S. and China race ahead
In a bid to cut its reliance on foreign tech, India tries to catch up with China and the U.S. by readying an investment of $25 billion in Deep Tech startups.
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OpenAI sparked Hugging Face bids with early investment offer ahead of Nvidia’s $13 billion deal
Hugging Face saw a flurry of deal interest before Nvidia agreed to buy the open-source platform for roughly $13 billion, CNBC has learned.
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Y Combinator’s Garry Tan says ‘do nothing’ about distillation as AI giants accuse China of copying their tech
At Y Combinator’s annual Demo Day, CEO Garry Tan explained why he’s less concerned about frontier AI model distillation and the existential risk of AI.
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SpaceX rival launches rocket in historic first, says industry is ‘desperate’ for more
Isar Aerospace reached orbit on its second test flight as the German rocket startup looks to scale production amid booming satellite launch demand.
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Palantir CEO Alex Karp backs ousted Ukraine defense minister’s new defense tech startup
Fedorov is launching a defense tech company backed by Palantir CEO Alex Karp, aiming to turn Ukraine’s wartime experience into new technologies.
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Ukraine war sparked race for countries to build spy satellites, space-tech CEO says
Governments are ramping up satellite capabilities as space intelligence becomes increasingly critical to modern warfare.
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Hadrian valued at nearly $8 billion after fresh funding as money pours into defense tech
Hadrian is one of a number of defense tech startups raising large sums and benefiting from President Trump’s plans to upgrade the U.S. military.
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