Anthropic, OpenAI’s Rival, Eyes $30-40 Billion Valuation in Potential Funding Round

September 24, 2024 – Reports from The Information indicate that Anthropic, a US-based AI startup, has initiated discussions with investors for a new round of funding. According to an existing investor, Anthropic’s valuation could potentially reach between 30to40 billion after this new funding round, which is approximately twice the valuation it had after completing a…

Read More

Huawei and du Launch Middle East’s First Indoor 5G-A Network, Achieving 5.1 Gb/s Speed”

September 23, 2024 – Huawei, in partnership with UAE-based operator du, has recently accomplished a notable feat in the Middle East region. Utilizing the LampSite X digital solution, they have successfully deployed the area’s first indoor network based on Three-Component Carrier (3CC) technology. This network stands out with a peak speed of 5.1 Gb/s, marking…

Read More

Apollo Eyes Potential $5 Billion Investment in Intel

September 23, 2024 – According to Bloomberg, asset management company Apollo is considering a potential equity investment in Intel, with a maximum amount reaching 5billion.Thisinvestment,whichequatestoapproximately5.493.19 billion, reflects Apollo’s confidence in Intel’s strategic transformation plan. However, informed sources have indicated that Intel executives are still weighing Apollo’s proposal, and no final decision has been made. Not…

Read More