Friday, January 26, 2024

Ola Group CEO Bhavish Aggarwal's Krutrim, which is building a multilingual LLM, raised a $50M "first round" led by Matrix Partners India at a $1B valuation (Manish Singh/TechCrunch)

Manish Singh / TechCrunch:
Ola Group CEO Bhavish Aggarwal's Krutrim, which is building a multilingual LLM, raised a $50M “first round” led by Matrix Partners India at a $1B valuation  —  Krutrim, an AI startup founded by Ola founder Bhavish Aggarwal, said it has raised a funding round that values it at $1 billion.



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Swiss Re: global premiums for insuring data centers will likely reach $20B-$30B/year by 2030; ~40% of US data-center capacity is located in tornado-prone areas (Jean Eaglesham/Wall Street Journal)

Jean Eaglesham / Wall Street Journal : Swiss Re: global premiums for insuring data centers will likely reach $20B-$30B/year by 2030; ~40%...