AI (Artificial Intelligence)

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‘I’m picking winners’: UK business secretary takes activist approach to economic growth

AI evangelist Peter Kyle wants to scale up businesses, attract overseas investors and look out for UK’s poorer regionsThe UK business secretary, Peter Kyle, has said he is “betting big” and “picking winners” as the government takes direct stakes in growing businesses to boost economic growth.Speaking at the World Economic Forum in Davos, where he

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Andreessen-Backed Inferact Raises $150 Mn to Develop Next-Gen Commercial Inference Engine

Inferact, an AI startup founded by the creators of the open-source vLLM, has secured $150 million in seed funding, valuing the company at $800 million.  This funding round was spearheaded by venture capital firms Andreessen Horowitz (a16z) and Lightspeed, with support from Sequoia Capital, Altimeter Capital, Redpoint Ventures, and ZhenFund, the company announced on January

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Qwen Researchers Release Qwen3-TTS: an Open Multilingual TTS Suite with Real-Time Latency and Fine-Grained Voice Control

Alibaba Cloud’s Qwen team has open-sourced Qwen3-TTS, a family of multilingual text-to-speech models that target three core tasks in one stack, voice clone, voice design, and high quality speech generation. https://arxiv.org/pdf/2601.15621v1 Model family and capabilities Qwen3-TTS uses a 12Hz speech tokenizer and 2 language model sizes, 0.6B and 1.7B, packaged into 3 main tasks. The

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Juspay Raises $50 Mn from WestBridge Capital to Drive Global Expansion

Juspay, a payment infrastructure company, has raised $50 million in a Series D follow-on round from WestBridge Capital, valuing the company at $1.2 billion. This funding includes both primary and secondary investments, providing liquidity for early investors and employees with ESOPs, marking the second such instance this year. Following a year of growth, Juspay’s annualised

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