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Dhabis

AI startup Cerebras built a gargantuan AI computer for Abu Dhabi’s G42 with 27 million AI ‘cores’

Condor Galaxy is the result, said Feldman, of months of collaboration between Cerebras and G42, and is the first major announcement of their strategic partnership.The initial contract is worth more than a hundred million dollars to Cerebras, Feldman told ZDNET in an interview. That is going to expand ultimately by multiple times, to hundreds of millions of dollars in revenue, as Cerebras builds out Condor Galaxy in multiple stages. Also: Ahead of AI, this other technology wave is sweeping in fastCondor Galaxy is named

Jio Platforms Gets Rs. 9,093.60 Crore Investment From Abu Dhabi’s Mubadala Sovereign Investor

Indian oil-to-telecoms conglomerate Reliance Industries said on Friday that Abu Dhabi state fund Mubadala Investment Company will buy a 1.85 percent stake in its digital unit, Jio Platforms, for Rs. 9,093.60 crores.Reliance has now sold a combined 19 percent interest in Jio Platforms, which houses movie, music apps, and telecoms venture Jio Infocomm, in six fundraising deals including a 9.99 percent stake sale to Facebook for Rs. 43,574 crores ($5.7 billion)."With this investment, Jio Platforms has raised Rs. 87,655.35…