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    Tech5: Tata, Airtel To Merge DTH Ops, Apple Has $500 Bln US Plan, Anthropic Seeks $3.5 Bln Funding

    morshediBy No Comments4 Mins Read
    Tech5: Tata, Airtel To Merge DTH Ops, Apple Has 0 Bln US Plan, Anthropic Seeks .5 Bln Funding


    N Chandrasekaran, Executive Chairman, Tata Sons; and Sunil Mittal, Founder and Chairman, Bharati EnterprisesN Chandrasekaran, Government Chairman, Tata Sons; and Sunil Mittal, Founder and Chairman, Bharati Enterprises

    Tata, Airtel in talks to merge DTH companies

    Tata Group and Bharti Airtel, India’s second-biggest wi-fi supplier, are finalising a merger of their loss-making DTH companies, Tata Play and Airtel Digital TV, Economic Times reported on February 25, citing sources. The deal, structured as a share swap, will permit Bharti Airtel to carry a majority stake of over 50 %, enhancing its non-mobile revenues by means of convergence.

    Tata Play, India’s largest DTH supplier, presents Airtel entry to 19 million properties, boosting its ‘triple play’ technique. This transfer comes amid a shift in shopper preferences to digital platforms. The merger marks the second main DTH consolidation in a decade, following the 2016 Dish TV-Videocon deal, and aligns with bigger media trade shifts.

    Mphasis, Hexaware, world PE corporations in race to purchase SLK Software program

    Mphasis, Hexaware Applied sciences, Altimetrik (owned by TPG Capital), and ChrysCapital have proven curiosity in buying a majority stake in Bengaluru-based SLK Software program, Economic Times reported on February 25, citing sources. The potential consumers have submitted non-binding bids starting from Rs 4,700 crore to Rs 5,600 crore ($550-650 million).

    SLK Software program, valued at $800 million by its promoters, focuses on synthetic intelligence (AI), automation, and analytics for sectors like manufacturing, banking, and insurance coverage. It has workplaces in seven international locations, together with India and the US. The corporate, managed by the Amin household, is anticipated to submit an Ebitda of $40 million for FY25. Avendus is dealing with the sale course of.

    Apple to take a position $500 billion, create 20,000 US jobs over 4 years

    Apple has introduced it should make investments $500 billion within the US over the following 4 years, together with a brand new AI server manufacturing unit in Texas and 20,000 extra R&D jobs nationwide. This dedication follows studies of CEO Tim Prepare dinner’s assembly with US President Donald Trump and goals to mitigate the influence of potential tariffs on Apple merchandise assembled in China, Reuters reported on February 24.

    The funding additionally encompasses spending on US suppliers like Corning and Apple TV+ content material. Analysts be aware this pledge seems politically motivated, with Apple beforehand committing $350 billion throughout Trump’s first time period.

    Bessemer, Lightspeed could again $3.5 bln Anthropic spherical

    AI startup Anthropic is looking for $3.5 billion in a funding spherical, probably valuing it at $61.5 billion, Reuters reported on February 2, citing sources. Enterprise capital (VC) corporations Lightspeed, Basic Catalyst, and Bessemer could again the Claude chatbot maker. This spherical surpasses the $2 billion beforehand raised, in accordance with Reuters. Practically half of all funding within the US final yr went to AI startups.

    Anthropic, valued at $18 billion final yr, was co-founded by former OpenAI executives. OpenAI itself is in talks for a $300 billion valuation spherical. On February 24 Anthropic additionally launched its superior AI mannequin, Claude 3.7 Sonnet, for quicker responses and detailed reasoning, aiming to remain aggressive within the generative AI sector.

    Lambda, deep studying cloud supplier, raises $480 million

    Lambda, a San Francisco-based supplier of deep studying cloud infrastructure, has raised $480 million in a Collection D spherical co-led by Andra Capital and SGW, with participation from notable traders like Andrej Karpathy, ARK Make investments, Nvidia, and others.

    This funding will speed up Lambda’s cloud platform growth, enhancing each infrastructure and software program for AI builders to coach and deploy fashions extra effectively, co-founder Stephen Balaban wrote in a company blog post on February 19. The corporate goals to scale GPU deployment and develop new AI instruments, together with Lambda Chat. Balaban highlights the twin forces of open-source fashions and enhanced inference reasoning, democratising AI. The agency envisions a future the place AI is universally accessible, empowering people with highly effective GPUs for day by day use.



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