News Score: Score the News, Sort the News, Rewrite the Headlines

Blackstone to Lead $600 Million Investment in AI Firm Neysa

A group of investors led by Blackstone Inc. plans to make an equity investment of up to $600 million in Indian artificial intelligence cloud startup Neysa.Along with the equity raise, Neysa will seek to secure an additional $600 million of debt financing, according to a statement Monday. The company plans to use the funds to deploy more than 20,000 graphics processing units in India for AI training and high-performance applications....

Read more at bloomberg.com

© News Score  score the news, sort the news, rewrite the headlines