KKR invests $250 million in Reliance Retail at $100 billion valuation

KKR is doubling down on its bet in Reliance Retail, valuing India’s largest retail chain at $100 billion in a fresh $250 million investment. The deal follows the Qatar Investment Authority investing $1 billion in Mukesh Ambani’s retail empire just last month. The New York-headquartered […]

The Morning After: AI-generated Drake and The Weeknd track won’t be winning a Grammy

Recording Academy CEO Harvey Mason Jr. is setting the record straight. After Variety reported earlier this week that an AI-generated track echoing the voices of Drake and The Weeknd could be considered for a Grammy Award in songwriting categories, Mason is insisting that’s not the […]

Google.org to invest $20M into AI-focused grants for think tanks and academic institutions

Ahead of Wednesday’s AI-focused private Congressional meeting with tech giants, Google this morning announced a new initiative aimed at supporting researchers and public policy solutions around AI with the debut of the Digital Futures Project. As part of the effort, Google’s charitable arm Google.org is […]