Day: January 8, 2025

Getty Images to Acquire Shutterstock to Create $3.7 Billion Firm

Getty Images Holdings Inc. agreed to acquire rival stock-photo provider Shutterstock Inc.. Getty Images offers to pay about $28.85 (roughly Rs. 2,476) in cash, or roughly 13.67 Getty Images shares for each Shutterstock share, according to a statement on Tuesday.

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Microsoft’s Nadella Pledges $3 Billion India AI Investment

Microsoft CEO Satya Nadella pledged an investment of $3 billion (roughly Rs. 25,752 crore) in India that will span a period of two years. The company aims to expand its cloud computing and Artificial Intelligence (AI) capabilities in India.

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Nvidia Introduces Llama Nemotron Open-Source LLMs to Build and Deploy AI Agents at CES 2025

Nvidia announced the Llama Nemotron family of open large language models (LLMs) on Monday. The company said that with the rise of artificial intelligence (AI) agents, new and more sophisticated AI models were required to handle the workflow of agentic AI….

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