Thursday, June 4, 2020

Abu Dhabi's state fund Mubadala Investment buys a 1.85% stake in Reliance Jio Platforms for $1.2B (Campbell Kwan/ZDNet)

Campbell Kwan / ZDNet:
Abu Dhabi's state fund Mubadala Investment buys a 1.85% stake in Reliance Jio Platforms for $1.2B  —  Jio Platforms has now received investments totalling ₹87,655 crore in six weeks.  —  Reliance Industries has gained yet another investor, with Abu Dhabi state fund Mubadala Investment …



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Some startups and researchers who can't access the most advanced chips are adopting a "frugal AI" approach, building smaller models on open-weight systems (Rina Chandran/Rest of World)

Rina Chandran / Rest of World : Some startups and researchers who can't access the most advanced chips are adopting a “frugal AI” app...