Cisco Survey: Only 26% of Organizations in India Are Ready to Deploy AI


Amazon AWS announced that it will add a $5 billion investment in South Korea over the next six years to expand AI data centers, and cooperate with SK Group to build a large facility in Ulsan. The total investment in South Korea will reach $12.6 billion, highlighting its strategic importance of the South Korean market.
OpenAI's CEO Sam Altman has explicitly stated for the first time that the company is most likely to go public through an IPO. As the AI competition enters the 'heavy asset' era, OpenAI is making unprecedented capital and computing power investments to build the next generation of AI infrastructure. Altman pointed out that the exponential expansion of its business makes IPO an inevitable choice, providing opportunities for global investors to participate in the AI revolution.
The company Anthropic launched Claude for Excel, designed specifically for financial professionals, currently in research preview. Users can interact with the AI assistant directly through the Excel sidebar, enabling reading, analysis, and modification of workbooks. All changes are clearly tracked and explained, helping to improve efficiency in financial services.
OpenAI announced that Indian users can enjoy free ChatGPT Go service for one year starting November 4th. The decision was made during the DevDay Exchange event in Bangalore. ChatGPT Go was launched in August this year, offering more advanced features, including a higher message sending limit and more daily usage opportunities. The free service is available to all Indian users who registered during the promotional period.
Artificial intelligence startup Mercor has completed a $350 million funding round, led by Felicis with additional investments from Benchmark. The company was founded by three Thiel Fellows and has shifted its focus from recruitment decisions to hiring skilled talent for training AI models.