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SoftBank’s Graphcore Announces $1 Billion India Investment, Opens AI Engineering Campus

Graphcore, the SoftBank-owned chip designer, has committed to investing $1 billion in India over the next decade while opening a new AI engineering campus in Bengaluru. The expansion will create 500 semiconductor jobs and strengthen India’s position in global AI development.

SoftBank Group-owned semiconductor company Graphcore has announced a massive $1 billion investment commitment in India alongside the opening of a new AI engineering campus in Bengaluru. The decade-long investment strategy represents one of the largest foreign direct investments in India’s semiconductor sector and signals SoftBank’s growing confidence in the country’s technological capabilities.

Graphcore’s Major India Expansion Strategy

Arts and EntertainmentStartups

San Francisco AI Boom Fuels Unprecedented Tech Week Frenzy

The AI revolution has ignited an unprecedented tech boom in San Francisco, with OpenAI reaching $500 billion valuation and SF Tech Week hosting over 1,500 events. Founders and investors celebrate the city’s remarkable comeback as artificial intelligence drives massive funding rounds and startup activity.

San Francisco’s artificial intelligence boom shows no signs of slowing down, with OpenAI reaching a staggering $500 billion valuation and investor enthusiasm reaching fever pitch during the city’s massive Tech Week celebration. The AI gold rush has transformed San Francisco into the epicenter of technological innovation, with founders and venture capitalists flocking to over 1,500 events showcasing the next wave of AI-powered startups.

Unprecedented Energy and Optimism

Arts and EntertainmentStartups

Former OpenAI Employee Launches Worktrace AI Startup with Mira Murati Backing

Angela Jiang, an early OpenAI product manager who helped build ChatGPT, has quietly launched Worktrace AI with backing from former OpenAI CTO Mira Murati. The startup was in talks to raise $10 million at a $50 million valuation this summer, focusing on AI-powered task automation for large businesses.

Former OpenAI product manager Angela Jiang has quietly launched a new artificial intelligence startup called Worktrace AI, with significant backing from former OpenAI CTO Mira Murati and other key figures from the ChatGPT creator. The stealth startup was in talks this summer to raise $10 million at a $50 million valuation, positioning it among the latest highly-valued AI ventures emerging from OpenAI alumni.

Worktrace AI’s Mission and Technology