Microsoft-backed AI startup Inflexion raises $1.3 billion from Nvidia and others

Microsoft-backed AI startup Inflexion raises $1.3 billion from Nvidia and others

[1/3]The words AI Artificial Intelligence are seen in this illustration taken May 4, 2023. REUTERS/Dado Ruvic/Illustration/File Photo June 29 (Reuters) – Inflection AI, a startup backed by several Silicon Valley giants, said on Thursday it raised $1.3 billion from investors including Microsoft and Nvidia amid an AI boom (TO THE). The investment, a mix of … Read more

Alphabet bets on lasers to provide Internet in remote areas

Alphabet bets on lasers to provide Internet in remote areas

MOUNTAIN VIEW, Calif., June 26 (Reuters) – Google’s parent Alphabet (GOOGL.O) has already tried unsuccessfully to bring Internet access to rural and remote areas using high-altitude balloons into the stratosphere. But now, the company is providing Internet services to remote areas using beams of light. The project known as Taara is part of Alphabet’s innovation … Read more

The United States will spend $42 billion to make Internet access universal by 2030

Reuters graphics

WASHINGTON, June 26 (Reuters) – The White House on Monday split $42 billion among the nation’s 50 U.S. states and territories to make access to high-speed broadband universal by 2030, launching a new ad campaign for economic policies of President Joe Biden. Funding under the Broadband Equity Access and Deployment program was authorized under the … Read more