EU Council reaches agreement on supercomputer use for AI development
The EU Council has agreed on regulation to expand EuroHPCs supercomputing role, adding AI factories to boost Europes AI ecosystem and support startups.
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The EU Council has agreed on regulation to expand EuroHPCs supercomputing role, adding AI factories to boost Europes AI ecosystem and support startups.
Nvidia-backed AI startup Synthesia unveils Expressive Avatars, enabling AI to convey human emotions and movements for corporate presentations and training.
Elon Musk is reportedly assembling a team of AI researchers and engineers to launch an AI startup to compete with OpenAI. Musk is said to be in talks with existing investors from SpaceX and Tesla for investment in the new venture. In addition, Musk has recently incorporated a company named X (X.AI) and changed the name of Twitter to "X Corp" as part of his plans to create an "everything app" under the "X" brand. Meanwhile, Amazon Web Services (AWS) has launched the Bedrock initiative to allow its users to build generative AI from foundation models. (Read More)
This edition of Cointelegraphs VC Roundup features Eidon AI, Brevis, Multiledgers and Alluvial.
According to Stocklytics, AI startups accounted for 30% of total venture capital funding in the third quarter of 2024.
Microsoft will expand its AI and cloud presence in India, including training 10 million individuals by 2030 and supporting AI startups.
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