#ai investment Tech News.
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Bajaj Finance acquired a 5% stake in AI video generation startup TrueFan AI. The NBFC arm of Bajaj Finserv is an existing customer, having deployed the platform to generate millions of personalized videos for customer engagement and dealer enablement.
Abu Dhabi Global Market reported over $100bn in AI-focused capital in its first-half results, alongside a 54% year-on-year rise in assets under management. The centre's own announcement uses conflicting language, describing the sum as both deployed capital and held capital, which are not equivalent claims.
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