Visa Launches $100 Million Venture Fund for Generative AI Startups

Visa Launches $100 Million Venture Fund for Generative AI Startups

Payments processor Visa (V.N) launched a $100 million venture fund for generative artificial intelligence (AI) startups, joining a list of investors who have flocked to the sector this year. Several high-profile names such as Microsoft and Alphabet’s Google have backed the AI space, a buzzword in technology circles this year, after chatbot ChatGPT’s popularity. “While … Read more

“Tech Giants Battling for Content to Build AI”

Tech Giants Battling for Content to Build AI

The Chief Executive of Microsoft, Satya Nadella, said on Monday that the tech giants were competing for vast troves of content needed to train artificial intelligence and complained that Google was locking up content with expensive and exclusive deals with publishers. Testifying in a landmark U.S. trial against its rival Google, the first major antitrust … Read more