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UK GOVERNMENT AI FUNDING ANNOUNCEMENT
Bottled water, tinned food, radio, cash: UK tells Britons to prepare for emergencyUK Prime Minister Andy Burnham has launched the 'Be Ready' initiative, encouraging households to prepare for emergencies. The initiative re...
UK government sets out $800 million for AI security fundingThe biggest chunk of funding will go to a new biosecurity initiative, including £100 million for a laboratory using AI to detect biological...
Tech Mahindra, SpaceXSI partner to accelerate AI-powered software engineeringThe company said it will combine its global engineering, enterprise transformation and AI consulting capabilities with SpaceXSI's AI-powere...
Meet Shruti Gandhi, who launched Array Ventures in 2016; 8 years later, her first fund had returned all its capital to investorsGandhi announced the achievement in a year-end update in February 2025. It claimed that Array Ventures fully returned its 2016 Fund I in th...
What is a PHP vulnerability? Security flaws prompt shutdowns of major websites amid global cybersecurity responseTwo critical vulnerabilities in PHP have prompted the shutdown of several websites across multiple countries. Cybersecurity teams are activ...
Karnataka plans AI, robotics innovation zone through ARTPARKIT/BT minister Priyank Kharge met the ARTPARK team to discuss the next phase of expansion, including the development of BRAINZ (Bengaluru R...
DeepSeek wrapping up $15 billion fundraising to fuel AI raceBattery maker Contemporary Amperex Technology (CATL) and WeChat operator Tencent Holdings were among the biggest investors in the round, sa...
Nebius gets $3.5 billion Citi facility for data center growthNebius has successfully acquired a substantial $3.5 billion financing facility from Citi, aimed at expanding its operations. This crucial f...
AI fear makes companies look powerful and helps them raise funds: Andrew NgIn an exclusive interview with The Economic Times Digital, Andrew Ng argues that the immediate challenge is to prepare people for work that...
India's AI financing demand to shift towards data centres, but GPU, regulatory risks persist: ReportAs India embraces the AI revolution, the sector's growth is bolstered by a surge in internet and smartphone users, alongside a wave of gene...
Deepinder Goyal’s Dark.ai could be Eternal’s dark horse, but is it too early to bet?Eternal’s Dark.ai, a privacy-focused AI assistant developed under Deepinder Goyal, could open a new growth avenue for the company. While br...
Critical tech list under review to push self-relianceIndia's Niti Aayog is preparing a list of critical technologies for enhancing self-reliance and investment. This initiative aims to protect...
'Sally Rooney is a writer, not a terrorist': 150+ authors inlcuding Arundhati Roy urge UK to halt 'draconian' Palestine Action banMore than 150 writers signed an open letter requesting changes to the UK's ban on Palestine Action. Irish author Sally Rooney announced her...
Anthropic to commit 5% of its shares worth billions for public benefit. Who will gain from the money?Anthropic plans to commit 5% of its shares to a new public benefit fund that could be worth billions of dollars as the AI company grows. Th...
Ahead of massive IPOs, AI companies are sketching plans to share their wealthOn Sunday, Anthropic said it would commit 5% of its shares to the Anthropic Public Benefit Fund, a new entity within the company, pending a...
Anthropic’s new fund could help address AI’s impact on jobs and workersAnthropic has unveiled the Anthropic Public Benefit Fund, which focuses on ensuring job stability amid the rise of AI technology. The firm ...
United Kingdom considers a new investor visa for wealthy foreigners ahead of the October budgetThe UK government is considering a new investor visa to attract wealthy individuals and support economic growth. Proposals include various ...
Google expands AI push in India with $15 million MSME funding, crop research and teacher trainingIn a remarkable move, Google has embarked on extensive AI initiatives in India, primarily focused on boosting sectors like agriculture, edu...
AI boom’s funding web could spread losses across global markets, IMF warnsThe IMF reports that global AI investment could induce a significant market correction if expectations are unmet. Economic growth has been ...
Nvidia pledges $250 million to UK AI safety researchNvidia has committed to investing $250 million over five years to bolster AI security research in the UK, allocating $50 million annually. ...