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BigBasket founder's exit; Pocket FM’s reverse flipAmazon veteran Amit Nanda, currently director of selling partner services, now takes over as CEO.
France's data centre ambitions bump up against rural fearsA huge AI data centre is planned for Fouju, France. This project brings hope for jobs and money to the small village. However, residents wo...
France's data centre ambitions bump up against rural fearsA massive AI data centre planned for the small French village of Fouju is creating a divide. While proponents see economic benefits and job...
PM Modi’s high stakes push for sovereign AI faces reality checkIndia is striving to build its own artificial intelligence capabilities, aiming for self-reliance and global export. However, the nation fa...
RMG cos reel from GST ruling; new-age firms’ costly rideHappy Friday! The Supreme Court’s latest GST ruling is the final blow for real-money gaming platforms after last year’s ban. This and more ...
Nvidia acquisition of SchedMD sparks worry among AI specialists about software accessNvidia last December announced it would acquire SchedMD, giving it control of open-source software called Slurm, which schedules computing ...
Bajaj Finserv's AI push; Govt's UPI fixBajaj Finserv chairman Sanjiv Bajaj says the company will launch a dedicated fund for AI startups. This and more in today's ETtech Top 5.
France's Mistral raises $830 million in debt for AI data centre build-upThe deal, set to be announced on Monday, marks Mistral's first debt raising and underscores growing investor confidence in European AI firm...
Mistral AI launches privacy-focussed AI tool Forge to target enterprise clientsForge is positioned as a more privacy-focussed tool, unlike those from its rivals, including OpenAI, which rely on cloud services. Forge is...
Mistral AI raises 1.7 billion euros as ASML becomes its top shareholderASML is investing 1.3 billion euros in Mistral AI as part of a series C funding round, making it Mistral's main shareholder as it will hold...
ASML becomes Mistral AI's top shareholder after leading latest funding roundASML is set to become the largest shareholder in French AI startup Mistral AI by investing €1.3 billion in its €1.7 billion fundraising rou...
Apple’s AI Crossroads: Will Mistral or Perplexity Propel Siri and Apple Back to the Innovation Forefront?As the AI arms race heats up, Apple stands at a major inflection point: acquire disruptive AI startups Mistral or Perplexity to revamp Siri...
Apple internally discussed buying Mistral, Perplexity: ReportCEO Tim Cook signaled last month that Apple was open to larger AI-related acquisitions to accelerate its roadmap, a shift from its historic...
Mistral in talks with VC firms, MGX to raise funds at $10 billion valuation: ReportThe funding would accelerate the commercial rollout of Mistral's Le Chat chatbot and support continued development of its large language mo...
Nvidia's pitch for sovereign AI resonates with EU leadersLast week, the CEO of the artificial-intelligence chipmaker toured Europe's major capitals - London, Paris and Berlin - announcing a slew o...
Nvidia trumpets European AI infrastructure pushUS chip giant Nvidia on Wednesday announced a broad infrastructure push into Europe, partnering with local companies to help build the cont...
AI chip firm Cerebras partners with France's Mistral, claims speed recordMistral, a maker of open-source AI technology, is aiming to challenge fellow open-source contenders Meta Platforms and China's DeepSeek, wh...
Nvidia’s AI investment strategy: Inside its top startup betsNvidia, has considerably increased its investments in startups, especially in the AI space. According to PitchBook data, last year alone, t...
ETtech Explainer: All you need to know about OpenAI’s rival Mistral AIMicrosoft partners with Mistral AI, enabling Mistral's AI models to run on Microsoft's Azure cloud computing platform. Mistral 8x7B model s...
Mistral AI unveils groundbreaking LLM modelMistral claims the new large language model surpasses the capabilities of Open AI’s GPT 3.5 and Meta’s Llama 2 on several performance bench...