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Meta Discussed Buying Perplexity Before Investing in Scale
Meta held discussions with AI search startup Perplexity AI about a possible takeover. The talks with Meta, which have not previously been reported, highlight Meta CEO Mark Zuckerberg’s willingness to use deals and big hires to catch up in the AI race.
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Meta Set to Throw Billions at Startup That Leads AI Data Market
Meta is in talks to make a multibillion-dollar investment in Scale AI. The financing may exceed $10 billion (roughly Rs. 85,533 crore) in value, making it one of the largest private company funding events of all time.
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Perplexity AI CEO Pans Google’s AI Rollout and Assistant Product
Perplexity AI's CEO, Aravind Srinivas, has criticised Google's AI products and strategy while speaking at the Bloomberg Tech summit in San Francisco on Thursday. Srinivas panned Google’s AI assistant as a “terrible product” and also claimed the tech giant essentially introduces the same artificial intelligence feature year after year, without...
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AI Upstart Manus Starts Text-to-Video Service to Take On OpenAI
Manus unveiled a text-to-video generation feature. The upstart, whose AI service is known for its ability to carry out multistep tasks the way humans do, said users can now similarly generate videos with text instructions.
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Indian-Origin Graduate Fools 27 Investors With Fake Founder Persona, Calls Out "Rigged" Startup World
Mr Khetan criticised the startup and venture capital ecosystem, highlighting how superficial markers of credibility can generate interest, even without a solid product, pitch, or plan.
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Samsung Galaxy S26 Series to Reportedly Include Perplexity App as Companies Near Major AI Deal
Samsung and Perplexity are reportedly nearing a major artificial intelligence (AI) deal that will see the AI app be preinstalled on Samsung devices. As per the report, the upcoming Galaxy S26 series could be the first smartphones to feature the Perplexity AI app and its recently launched AI assistant out of the box. The multi-faceted deal reportedl...
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Paris Beats London As Europe's Leading Tech Ecosystem
Paris has been named as the new European tech champion, beating London for the first time on some metrics, according to data from Dealroom, which collects information on startups and venture capital firms.
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CloudSEK Raises $19 Million in Latest Funding Round, Plans to Scale AI Models and Platform Integration
CloudSEK announced the completion of its Series A2 and B1 funding rounds on Tuesday. The cybersecurity platform said that it has raised $19 million (roughly Rs. 162.3 crore) in the combined funding round. The round witnessed participation from both Indian and US-based investors, the company stated. While new investors have been onboarded, the exist...
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OpenAI Negotiates with Microsoft for New Funding, Future IPO: Report
OpenAI and Microsoft are revising the terms of their partnership that will enable the ChatGPT maker to go public at a future date. A reset of the contract is crucial to a restructuring of the startup in which Microsoft has poured billions more since.
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Coinbase, Animoca Brands Announce Web3 Accelerator Initiative in the UK
Coinbase, Animoca Brands, Fabric Ventures, and Founders Factory have announced an accelerator initiative in the UK, focused on Web3 projects. Alongside the cash reward, the initiative also offers 16 weeks of industry experience from Founders Factory, a startup accelerator firm based in London, UK.
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How AI Cameras Warn Villagers About Presence Of Snow Leopards In PoK
The World Wide Fund for Nature (WWF) and Lahore University of Management Sciences (LUMS) have developed artificial intelligence (AI)-powered cameras to detect snow leopards and alert villagers to avoid the loss of livestock.
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Centre To Provide Major Part Of Startup Fund To Sectors Like New Age Tech, AI
The commerce and industry ministry will allocate a major part of the second Rs 10,000 crore Fund of Funds Scheme (FFS) For startups to budding entrepreneurs in sectors such as new-age technology, AI, and machine building, an official said.
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Elon Musk's Social Media Firm X Bought by His AI Company, Valued at $33 Billion
Elon Musk's xAI has acquired X in a deal that values the social media platform at $33 billion (roughly Rs. 2,82,447 crore). Much of the deal's specifics remain unclear, such as how X's leaders would be integrated in the new firm or whether there would be regulatory scrutiny.
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OpenAI Close to Finalising $40 Billion SoftBank-Led Funding
OpenAI is close to finalising a $40 billion (roughly Rs. 3,43,265 crore) funding round. SoftBank will be leading this investment.
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Nvidia, Musk's xAI to Join Microsoft, BlackRock and MGX to Develop AI Infrastructure
Nvidia and Elon Musk's xAI have joined a consortium backed by Microsoft, investment fund MGX and BlackRock to expand US' AI infrastructure. The consortium renamed itself as AI Infrastructure Partnership on Wednesday.
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Meta Discussed Buying Perplexity Before Investing in Scale
Meta held discussions with AI search startup Perplexity AI about a possible takeover. The talks with Meta, which have not previously been reported, highlight Meta CEO Mark Zuckerberg’s willingness to use deals and big hires to catch up in the AI race.
-
Meta Set to Throw Billions at Startup That Leads AI Data Market
Meta is in talks to make a multibillion-dollar investment in Scale AI. The financing may exceed $10 billion (roughly Rs. 85,533 crore) in value, making it one of the largest private company funding events of all time.
-
Perplexity AI CEO Pans Google’s AI Rollout and Assistant Product
Perplexity AI's CEO, Aravind Srinivas, has criticised Google's AI products and strategy while speaking at the Bloomberg Tech summit in San Francisco on Thursday. Srinivas panned Google’s AI assistant as a “terrible product” and also claimed the tech giant essentially introduces the same artificial intelligence feature year after year, without...
-
AI Upstart Manus Starts Text-to-Video Service to Take On OpenAI
Manus unveiled a text-to-video generation feature. The upstart, whose AI service is known for its ability to carry out multistep tasks the way humans do, said users can now similarly generate videos with text instructions.
-
Indian-Origin Graduate Fools 27 Investors With Fake Founder Persona, Calls Out "Rigged" Startup World
Mr Khetan criticised the startup and venture capital ecosystem, highlighting how superficial markers of credibility can generate interest, even without a solid product, pitch, or plan.
-
Samsung Galaxy S26 Series to Reportedly Include Perplexity App as Companies Near Major AI Deal
Samsung and Perplexity are reportedly nearing a major artificial intelligence (AI) deal that will see the AI app be preinstalled on Samsung devices. As per the report, the upcoming Galaxy S26 series could be the first smartphones to feature the Perplexity AI app and its recently launched AI assistant out of the box. The multi-faceted deal reportedl...
-
Paris Beats London As Europe's Leading Tech Ecosystem
Paris has been named as the new European tech champion, beating London for the first time on some metrics, according to data from Dealroom, which collects information on startups and venture capital firms.
-
CloudSEK Raises $19 Million in Latest Funding Round, Plans to Scale AI Models and Platform Integration
CloudSEK announced the completion of its Series A2 and B1 funding rounds on Tuesday. The cybersecurity platform said that it has raised $19 million (roughly Rs. 162.3 crore) in the combined funding round. The round witnessed participation from both Indian and US-based investors, the company stated. While new investors have been onboarded, the exist...
-
OpenAI Negotiates with Microsoft for New Funding, Future IPO: Report
OpenAI and Microsoft are revising the terms of their partnership that will enable the ChatGPT maker to go public at a future date. A reset of the contract is crucial to a restructuring of the startup in which Microsoft has poured billions more since.
-
Coinbase, Animoca Brands Announce Web3 Accelerator Initiative in the UK
Coinbase, Animoca Brands, Fabric Ventures, and Founders Factory have announced an accelerator initiative in the UK, focused on Web3 projects. Alongside the cash reward, the initiative also offers 16 weeks of industry experience from Founders Factory, a startup accelerator firm based in London, UK.
-
How AI Cameras Warn Villagers About Presence Of Snow Leopards In PoK
The World Wide Fund for Nature (WWF) and Lahore University of Management Sciences (LUMS) have developed artificial intelligence (AI)-powered cameras to detect snow leopards and alert villagers to avoid the loss of livestock.
-
Centre To Provide Major Part Of Startup Fund To Sectors Like New Age Tech, AI
The commerce and industry ministry will allocate a major part of the second Rs 10,000 crore Fund of Funds Scheme (FFS) For startups to budding entrepreneurs in sectors such as new-age technology, AI, and machine building, an official said.
-
Elon Musk's Social Media Firm X Bought by His AI Company, Valued at $33 Billion
Elon Musk's xAI has acquired X in a deal that values the social media platform at $33 billion (roughly Rs. 2,82,447 crore). Much of the deal's specifics remain unclear, such as how X's leaders would be integrated in the new firm or whether there would be regulatory scrutiny.
-
OpenAI Close to Finalising $40 Billion SoftBank-Led Funding
OpenAI is close to finalising a $40 billion (roughly Rs. 3,43,265 crore) funding round. SoftBank will be leading this investment.
-
Nvidia, Musk's xAI to Join Microsoft, BlackRock and MGX to Develop AI Infrastructure
Nvidia and Elon Musk's xAI have joined a consortium backed by Microsoft, investment fund MGX and BlackRock to expand US' AI infrastructure. The consortium renamed itself as AI Infrastructure Partnership on Wednesday.
