25 Sep 2019

1. A new 5,000-Qubit Quantum Computer by D-Wave Quantum computing company D-Wave Systems Inc. today revealed that it has sold the first of its next-generation, 5,000-qubit machines to the Los Alamos National Laboratory. The new machine is named “Advantage” because, D-Wave said, it gives organizations a significant edge over competitors…

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19 Aug 2019

1.BMW’s Increasing Investment in AI – Insights from an Interview with Sam Huang of BMW iVentures It takes more than technology to make businesses work. In fact, one of the most precious resources, besides the humans that run the organization, is capital to fund growth. In the areas at…

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03 Aug 2019

1. Amazon Web Service to help startups in social sectors Rahul Sharma, president-public sector (India) of Amazon Internet Services Private Limited, said that the initiative is a part of AWS’ global programme which focuses on providing learning content to startups. West Bengal Finance Minister Amit Mitra said that Amazon…

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02 Aug 2019

1. Walmart likely to soon put $50 million into NinjaCart NinjaCart, which raised $90 million in a financing round led by Tiger Global earlier this year, has held discussions with multiple large conglomerates for a potential investment. US retailing behemoth Walmart has committed to investing close to $50 million…

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30 Jul 2019

1. Tesla has a new energy product called Megapack Tesla has launched a new utility-scale energy storage product called Megapack modeled after the giant battery system it deployed in South Australia as the company seeks to provide an alternative to natural gas “peaker” power plants. Megapack is the third…

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25 Jul 2019

1. 254 startups get Rs 1,700 crore investment from AFI  As many as 254 startups have received investment to the tune of over Rs 1,700 crore from the SEBI-registered Alternative Investment Funds (AIF) and the central government has also set up a Fund of Funds for Startups (FFS) with…

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23 Jul 2019

1. Microsoft Commits $1 Billion To OpenAI Partnership To Build Its AI Systems On Azure On Monday, #Microsoft announced an “exclusive computing partnership” and a $1 billion “investment” into OpenAI, the non-profit artificial intelligence research company co-founded by Elon Musk, Ilya Sutskever, Greg Brockman, and former Y Combinator president…

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