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Ex-Twitter CEO Parag Agrawal's AI Search Startup Raises $100 Million
AI startup Parallel Web Systems, founded by former Twitter CEO Parag Agrawal, has raised $100 million to build web search infrastructure for artificial intelligence agents and fund deals with online content owners, Agrawal said in an interview.
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MeitY Unveils India AI Governance Framework with Key Principles and Roadmap
India has released its AI Governance Framework, outlining a risk-based approach to regulating artificial intelligence. The 68-page guidelines focus on human rights, safety, transparency, and fairness while encouraging early internal safeguards for developers. The report proposes new oversight bodies, sector-specific regulation for high-risk uses, m...
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Hong Kong Unveils Fintech 2030 Strategy to Accelerate AI, RWA Tokenisation
The Hong Kong Monetary Authority (HKMA) has launched Fintech 2030, a five-year roadmap built on the success of Fintech 2025. Centred on Data, Artificial Intelligence, Resilience and Tokenisation (DART), it introduces 40 initiatives, including tokenised bonds, e-HKD trials and quantum-safe infrastructure to strengthen Hong Kong’s global fintech le...
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OpenAI To Meta: How Tech Giants Are Pouring Billions Into AI Infrastructure
OpenAI and Amazon have signed a multi-year agreement worth $38 billion under which the e-commerce giant will provide the ChatGPT maker access to hundreds of thousands of Nvidia processors to train and run its artificial intelligence models.
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Google’s AI Bet Pays Off With Its First-Ever $100 Billion Quarter
Google has crossed a major financial milestone, posting $102.3 billion in revenue for Q3 2025, its first-ever quarter above the $100 billion mark. CEO Sundar Pichai credited the growth to Google’s “full-stack AI approach”, spanning infrastructure, models, and products. Alphabet’s revenue grew 16 percent YoY, with strong gains across Search,...
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Carnegie Mellon’s AI Drones Can Build Mid-Air Structures With 90 Percent Success Rate
Carnegie Mellon engineers have unveiled AI-controlled drones that 3D print by snapping magnetic blocks together mid-air. Powered by a large language model, the drones translate simple commands into precise construction plans, achieving 90% accuracy. The technology could enable aerial infrastructure repair and emergency shelter construction in hard-...
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Indian Man's AI Startup Opens Doors To 600 Laid-Off Meta Employees With High Salaries
The offer comes amid Meta's push for leaner operations, with cuts targeting its Fundamental AI Research (FAIR) unit, AI product teams, and infrastructure groups.
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Indian Woman On H-1B Visa Laid Off by Meta, Receives Job Offers Online
Based in Seattle, the woman joined Meta as a research scientist earlier this year, but was laid off after just nine months.
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Google, World Bank Tie-Up To Build AI-Powered Public Digital Infrastructure In Emerging Markets
Google and the World Bank Group are collaborating to build AI-powered public digital infrastructure for emerging markets, the search engine giant announced on its official blog.
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Meta Inks Multi-Year Partnership With Arm to Help Scale Future Meta AI Features and Models
Meta and Arm have entered a multi-year partnership to make AI systems faster and more energy-efficient. The collaboration combines Arm’s low-power chip design expertise with Meta’s AI infrastructure to enhance performance across data centres and devices. Together, they aim to scale efficient AI tools and hardware for over three billion users wo...
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After $15 Billion Google 'Win', Nara Lokesh 'Burns' Karnataka In Investment Row
'Karnataka is feeling the burn!' - Andhra Pradesh minister Nara Lokesh's acerbic message Thursday in a bitter exchange with his neighbours over the condition of roads and infrastructure in Bengaluru and its impact on businesses and industries.
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"G In Vizag Now Stands For Google": Chandrababu Naidu After $15 Billion Google Deal
The investment will roll out over the next five years, and will be Google's largest AI hub in the world outside of the US.
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'Blackmail' Or 'Inefficient'? Karnataka, Andhra Spar Over Potholes, Investment
Karnataka and Andhra Pradesh continue to compete over the condition of roads and consequent investment opportunities, with the latest round of swipes following internet behemoth Google opting to invest $15 billion in the latter for a mega AI hub.
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OpenAI and AMD Announce Partnership to Deploy 6GW of AI Infrastructure
AMD and OpenAI have signed a multi-year partnership to build AI infrastructure, with OpenAI set to deploy 6GW of AMD GPUs over several years and chip generations, starting with Instinct MI450 GPUs in 2026. The deal could generate tens of billions in revenue for AMD. OpenAI can purchase up to 160 million AMD shares upon meeting deployment and share ...
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OpenAI and Jony Ive’s Secretive AI Device Reportedly Hit by Software and Infra Troubles
OpenAI’s long-rumoured AI device, developed in collaboration with former Apple design chief Jony Ive, is reportedly facing delays due to mounting technical and infrastructure challenges. While the hardware side of the project is progressing smoothly, a report suggests that software development and compute limitations are proving to be major hurdl...
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Ex-Twitter CEO Parag Agrawal's AI Search Startup Raises $100 Million
AI startup Parallel Web Systems, founded by former Twitter CEO Parag Agrawal, has raised $100 million to build web search infrastructure for artificial intelligence agents and fund deals with online content owners, Agrawal said in an interview.
-
MeitY Unveils India AI Governance Framework with Key Principles and Roadmap
India has released its AI Governance Framework, outlining a risk-based approach to regulating artificial intelligence. The 68-page guidelines focus on human rights, safety, transparency, and fairness while encouraging early internal safeguards for developers. The report proposes new oversight bodies, sector-specific regulation for high-risk uses, m...
-
Hong Kong Unveils Fintech 2030 Strategy to Accelerate AI, RWA Tokenisation
The Hong Kong Monetary Authority (HKMA) has launched Fintech 2030, a five-year roadmap built on the success of Fintech 2025. Centred on Data, Artificial Intelligence, Resilience and Tokenisation (DART), it introduces 40 initiatives, including tokenised bonds, e-HKD trials and quantum-safe infrastructure to strengthen Hong Kong’s global fintech le...
-
OpenAI To Meta: How Tech Giants Are Pouring Billions Into AI Infrastructure
OpenAI and Amazon have signed a multi-year agreement worth $38 billion under which the e-commerce giant will provide the ChatGPT maker access to hundreds of thousands of Nvidia processors to train and run its artificial intelligence models.
-
Google’s AI Bet Pays Off With Its First-Ever $100 Billion Quarter
Google has crossed a major financial milestone, posting $102.3 billion in revenue for Q3 2025, its first-ever quarter above the $100 billion mark. CEO Sundar Pichai credited the growth to Google’s “full-stack AI approach”, spanning infrastructure, models, and products. Alphabet’s revenue grew 16 percent YoY, with strong gains across Search,...
-
Carnegie Mellon’s AI Drones Can Build Mid-Air Structures With 90 Percent Success Rate
Carnegie Mellon engineers have unveiled AI-controlled drones that 3D print by snapping magnetic blocks together mid-air. Powered by a large language model, the drones translate simple commands into precise construction plans, achieving 90% accuracy. The technology could enable aerial infrastructure repair and emergency shelter construction in hard-...
-
Indian Man's AI Startup Opens Doors To 600 Laid-Off Meta Employees With High Salaries
The offer comes amid Meta's push for leaner operations, with cuts targeting its Fundamental AI Research (FAIR) unit, AI product teams, and infrastructure groups.
-
Indian Woman On H-1B Visa Laid Off by Meta, Receives Job Offers Online
Based in Seattle, the woman joined Meta as a research scientist earlier this year, but was laid off after just nine months.
-
Google, World Bank Tie-Up To Build AI-Powered Public Digital Infrastructure In Emerging Markets
Google and the World Bank Group are collaborating to build AI-powered public digital infrastructure for emerging markets, the search engine giant announced on its official blog.
-
Meta Inks Multi-Year Partnership With Arm to Help Scale Future Meta AI Features and Models
Meta and Arm have entered a multi-year partnership to make AI systems faster and more energy-efficient. The collaboration combines Arm’s low-power chip design expertise with Meta’s AI infrastructure to enhance performance across data centres and devices. Together, they aim to scale efficient AI tools and hardware for over three billion users wo...
-
After $15 Billion Google 'Win', Nara Lokesh 'Burns' Karnataka In Investment Row
'Karnataka is feeling the burn!' - Andhra Pradesh minister Nara Lokesh's acerbic message Thursday in a bitter exchange with his neighbours over the condition of roads and infrastructure in Bengaluru and its impact on businesses and industries.
-
"G In Vizag Now Stands For Google": Chandrababu Naidu After $15 Billion Google Deal
The investment will roll out over the next five years, and will be Google's largest AI hub in the world outside of the US.
-
'Blackmail' Or 'Inefficient'? Karnataka, Andhra Spar Over Potholes, Investment
Karnataka and Andhra Pradesh continue to compete over the condition of roads and consequent investment opportunities, with the latest round of swipes following internet behemoth Google opting to invest $15 billion in the latter for a mega AI hub.
-
OpenAI and AMD Announce Partnership to Deploy 6GW of AI Infrastructure
AMD and OpenAI have signed a multi-year partnership to build AI infrastructure, with OpenAI set to deploy 6GW of AMD GPUs over several years and chip generations, starting with Instinct MI450 GPUs in 2026. The deal could generate tens of billions in revenue for AMD. OpenAI can purchase up to 160 million AMD shares upon meeting deployment and share ...
-
OpenAI and Jony Ive’s Secretive AI Device Reportedly Hit by Software and Infra Troubles
OpenAI’s long-rumoured AI device, developed in collaboration with former Apple design chief Jony Ive, is reportedly facing delays due to mounting technical and infrastructure challenges. While the hardware side of the project is progressing smoothly, a report suggests that software development and compute limitations are proving to be major hurdl...
