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CapitaLand Investment establishes China data centre development fund

AsiaTechDaily

Register CapitaLand Investment Limited (CLI) has recently announced its decision to establish a China data centre development fund, CapitaLand China Data Centre Partners (CDCP), with an initial investment of $1 billion. This is projected to grow 24% annually until 2025. The total equity committed to CDCP amounts to $530 million.

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Galileo emerges from stealth to streamline AI model development

TechCrunch

After all, AI is costly — Gartner predicted in 2021 that a third of tech providers would invest $1 million or more in AI by 2023 — and debugging an algorithm gone wrong threatens to inflate the development budget. ” Chatterji has a background in data science, having worked at Google for three years at Google AI.

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Modular closes $30 million seed round to simplify the process of developing AI systems

TechCrunch

But if you ask the co-founders of Modular , a startup emerging from stealth today, the software used to develop it is “monolithic,” fractured into silos piled with layers of complexity. “Modular’s main competition is the mindset that dominates AI software development within Big Tech, and Big Tech itself,” Lattner said.

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Prefabs sprout: How Modulous helps housing developers build modular homes without factories

TechCrunch

startup that makes it easier for housing developers, architects and construction firms to configure and design modular homes to address the ongoing housing crisis , has raised £10 million ($11.7 billion people by 2025 , as house-price growth continues to outpace income growth. Modulous , a U.K. million) in a series A round of funding.

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Mage aims to be the ‘Stripe for AI;’ raises $6.3M for developer tools to build AI into apps

TechCrunch

Mage , developing an artificial intelligence tool for product developers to build and integrate AI into apps, brought in $6.3 While collaborating with product developers, Dang and Wang saw that while product developers wanted to use AI, they didn’t have the right tools in which to do it without relying on data scientists.

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Daily Crunch: Amazon’s new Bedrock cloud service lets developers incorporate generative AI

TechCrunch

million to help developers securely connect software services , Kyle reports. It keeps going and going, hopefully : In a move toward better environmental stewardship, Apple says new batteries will use 100% recycled cobalt by 2025 , reports Brian. You otter give it a try : Otterize raises $11.5

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Revolution Growth Invests in Meati, the Mushroom-Root Superfood

Revolution

The new funding for the meat alternative startup will support rapid retail expansion, continued product development and product capabilities Meet Meati ?—?the Their whole-cut menu currently includes steak and crispy and classic chicken cutlets, with more products in development. market leader in plant-based meat by 2025.

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