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HUGGING FACE VALUATION
Kevin Durant started with a $100,000 investment in this AI startup eight years ago; Nvidia’s $12.9 billion deal could make his stake worth $60 millionKevin Durant placed a $250,000 investment in Hugging Face during its inaugural funding phase, setting the stage for impressive returns. As ...- Course correction? How the last 10 days changed the way we see AIIn a series of cascading events over a 10-day stretch, OpenAI and Anthropic, the largest AI labs, found themselves reeling as their own cre...
- From hallucinating AI chatbots to wiping out humanity: How did we get here?The heads of America's leading AI labs came together in a rare show of unity over the weekend to call for a pause in the technology's devel...
- Rentomojo’s valuation jump; SoftBank’s Meesho windfallRentomojo is expected to go public at a valuation nearly five times higher than its previous private market round. This and more in today's...
- Nvidia buying artificial intelligence platform Hugging Face for $13 billionJensen Huang wrote in a blog post Thursday that more than 18 million developers, researchers and creators use Hugging Face to share more th...
- AI-driven cyber risk is top concern for global financial stability, watchdog saysIn a letter to G20 finance ministers and central bank governors ahead of meetings this week, Bailey, who also serves as the Bank of England...
- AI cyber risk is biggest immediate threat to global financial stability: FSB chair Andrew BaileyFinancial Stability Board Chair Andrew Bailey highlighted AI's immediate cyber risk concerns. He warned AI could accelerate cyberattacks, i...
- AI startup Hugging Face exploring sale valuing it at $13 billionAI startup Hugging Face has been exploring a sale that could value the company at $13 billion or more, Business Insider reported on Sunday,...
- The AI competition paradoxChina's open-source AI models are challenging US dominance, driving intense competition. Chinese firms are gaining market share through low...
- Eternal’s robust Q1; Meta faces content-blocking allegationsEternal reported a jump in its net profit on the back of Blinkit's improving operating performance. This and more in today’s ETtech Morning...
- China's DeepSeek releases new AI model a year after viral riseChinese AI firm DeepSeek unveiled a new model with significantly lower costs and a massive one million word context. This development promi...
- Facetune creator Lightricks to split into two units as AI premium outpaces traditional softwareThe creator of the Facetune photo editing app, Lightricks, is splitting its consumer app business from its generative AI video platform LTX...
- Asian hedge funds eye Chinese tech leading AI charge in 2025A US ban on the export of advanced chips to China has caused many global investors to remain on the sidelines. But firms in China are devel...
- 2025 will see first major public protest related to AI, says CEO of a $4.5 billion AI company, he also predicted this about ChinaHugging Face is indeed a very popular AI company with billions in valuation, but what's more interesting is the factor that it's CEO has pr...
- Databricks raises over $500 million at $43 billion valuationData analytics platform Databricks has secured over $500 million in funding, valuing the company at $43 billion. The funding round, led by ...
- Kim Kardashian's Skims is now worth $4 billionSkims has raised $270 million in a new funding round that values it at $4 billion, the company plans to announce on Wednesday. That's up fr...
- How investors should approach risk managementSome investing decisions are bound to be wrong. What matters is the consequences of the mistakes.
- The traits of winning stocks: A Wealth Creation studyET Wealth delves into Motilal Oswal’s 23rd Annual Wealth Creation Study to discover the traits of winning stocks to find the ones that made...
- Large-cap funds that follow index can give better returnLarge-cap funds are finding it difficult to generate alpha over the benchmark index which could lead to alignment of portfolios, what would...
- Positive on IT stocks: Prateek AgarwalPrateek Agarwal, Head Equities, Bharti AXA Invest Manager, in a chat with ET Now gives his views on IT stocks.
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