Tag: AI Funding
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Singapore to Invest $1 Billion Over Five Years to Boost AI Public Research
Singapore Announces $1 Billion AI Public Research Initiative In a landmark move for its innovation agenda, Singapore has unveiled a plan to commit $1 billion over five years, from 2025 to 2030, to bolster public research capabilities in artificial intelligence (AI). The initiative, announced by Minister for Digital Development and Information Josephine Teo, signals a…
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Mistral AI Secures €1.7 Billion Funding from ASML
Mistral AI Raises €1.7 Billion in Funding In a groundbreaking announcement made on Tuesday, Mistral AI revealed that it has successfully raised €1.7 billion in its latest funding round. This significant investment was led by ASML, a key player in the semiconductor manufacturing equipment sector, which has now become Mistral’s principal shareholder. Details of the…