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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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AI Startup Experts Warn Of 'Terrible Decade' Ahead As White-Collar Job Losses Loom
Human workers may be in for a "pretty terrible decade" as AI automates more white-collar work, as per Anthropic researchers.
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Reddit Sues AI Startup Anthropic for Allegedly Using Data Without Permission
Reddit has accused anthropic of stealing data from its platform to train its AI models despite publicly assuring it wouldn't. According to the complaint, Anthropic has resisted entering a licensing agreement even as it trained its Claude chatbot on Reddit content, despite assuring last July it had blocked its bots from accessing Reddit's platform.
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Reddit Sues AI Startup Anthropic For 'Stealing' Data
Reddit sued the artificial intelligence startup Anthropic on Wednesday, accusing it of stealing data from the social media discussion website to train its AI models despite publicly assuring it wouldn't.
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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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"India's AI Ecosystem On The Cusp For Global Breakthrough": Ashwini Vaishnaw
India's artificial intelligence (AI) ecosystem is now on the cusp of a global breakthrough, Union Minister of Electronics and IT, Ashwini Vaishnaw, has said.
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"Make in India" To "Skip India": Viral LinkedIn Post Highlights AI Startups' Growing Frustration
Indian AI startups are increasingly avoiding local enterprise clients due to unpaid pilots, delays, and lack of financial commitment, a trend now dubbed "Skip India." Founders warn this behavior threatens India's innovation future.
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Telegram to Distribute Grok Chatbot to Users After $300 Million xAI Deal
Elon Musk's AI startup xAI will pay Telegram $300 million (roughly Rs. 2,564 crore) to deploy its Grok chatbot on the messaging app. Musk said no deal has been signed in a reply to the post on X, to which Durov said the parties have agreed in principle but formalities were pending.
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Jony Ive and OpenAI to Launch AI Device With Cameras; Mass Production Slated for 2027
Following the acquisition of former Apple designer Jony Ive's artificial intelligence (AI) hardware startup io by Sam Altman’s OpenAI on Wednesday, information has surfaced about the AI device these two companies might be developing. As per an industry analyst, it is currently in a prototype phase with a size slightly larger than the failed Human...
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Google Faces DoJ Probe For Violating Antitrust Law In AI Tech Deal: Report
The US Justice Department is probing whether Alphabet's Google violated antitrust law in its agreement with Character.AI that allows the tech giant to use the AI startup's technology, Bloomberg Law reported on Thursday.
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OpenAI’s Sam Altman Reportedly Hints at New AI Device Being Developed With Jony Ive
OpenAI announced its acquisition of Jony Ive’s artificial intelligence (AI) hardware startup io on Wednesday. Just hours after that, Sam Altman reportedly revealed information about the secretive AI device the two companies are building. As per the report, the under-the-wrap device is not a smartphone, or a wearable such as smartglasses.
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OpenAI Buys iPhone Designer Jony Ive's AI Device Startup, Names Him Creative Head
OpenAI is acquiring Jony Ive's startup, io Products, for $6.5 billion (roughly Rs. 55,850 crore). Ive was the chief designer behind early iPhone models. He has now been appointed as creative head of the firm to shape AI-focused devices for the future.
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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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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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Microsoft Is Key Holdout for OpenAI Restructuring Plan
OpenAI has walked back part of its effort to create a more conventional for-profit company. Microsoft, which has invested $13.75 billion (roughly Rs. 1,15,878 crore) in the startup, remains the biggest holdout among investors as the ChatGPT maker tries to restructure, according to several people familiar with the matter.
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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.
-
AI Startup Experts Warn Of 'Terrible Decade' Ahead As White-Collar Job Losses Loom
Human workers may be in for a "pretty terrible decade" as AI automates more white-collar work, as per Anthropic researchers.
-
Reddit Sues AI Startup Anthropic for Allegedly Using Data Without Permission
Reddit has accused anthropic of stealing data from its platform to train its AI models despite publicly assuring it wouldn't. According to the complaint, Anthropic has resisted entering a licensing agreement even as it trained its Claude chatbot on Reddit content, despite assuring last July it had blocked its bots from accessing Reddit's platform.
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Reddit Sues AI Startup Anthropic For 'Stealing' Data
Reddit sued the artificial intelligence startup Anthropic on Wednesday, accusing it of stealing data from the social media discussion website to train its AI models despite publicly assuring it wouldn't.
-
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.
-
"India's AI Ecosystem On The Cusp For Global Breakthrough": Ashwini Vaishnaw
India's artificial intelligence (AI) ecosystem is now on the cusp of a global breakthrough, Union Minister of Electronics and IT, Ashwini Vaishnaw, has said.
-
"Make in India" To "Skip India": Viral LinkedIn Post Highlights AI Startups' Growing Frustration
Indian AI startups are increasingly avoiding local enterprise clients due to unpaid pilots, delays, and lack of financial commitment, a trend now dubbed "Skip India." Founders warn this behavior threatens India's innovation future.
-
Telegram to Distribute Grok Chatbot to Users After $300 Million xAI Deal
Elon Musk's AI startup xAI will pay Telegram $300 million (roughly Rs. 2,564 crore) to deploy its Grok chatbot on the messaging app. Musk said no deal has been signed in a reply to the post on X, to which Durov said the parties have agreed in principle but formalities were pending.
-
Jony Ive and OpenAI to Launch AI Device With Cameras; Mass Production Slated for 2027
Following the acquisition of former Apple designer Jony Ive's artificial intelligence (AI) hardware startup io by Sam Altman’s OpenAI on Wednesday, information has surfaced about the AI device these two companies might be developing. As per an industry analyst, it is currently in a prototype phase with a size slightly larger than the failed Human...
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Google Faces DoJ Probe For Violating Antitrust Law In AI Tech Deal: Report
The US Justice Department is probing whether Alphabet's Google violated antitrust law in its agreement with Character.AI that allows the tech giant to use the AI startup's technology, Bloomberg Law reported on Thursday.
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OpenAI’s Sam Altman Reportedly Hints at New AI Device Being Developed With Jony Ive
OpenAI announced its acquisition of Jony Ive’s artificial intelligence (AI) hardware startup io on Wednesday. Just hours after that, Sam Altman reportedly revealed information about the secretive AI device the two companies are building. As per the report, the under-the-wrap device is not a smartphone, or a wearable such as smartglasses.
-
OpenAI Buys iPhone Designer Jony Ive's AI Device Startup, Names Him Creative Head
OpenAI is acquiring Jony Ive's startup, io Products, for $6.5 billion (roughly Rs. 55,850 crore). Ive was the chief designer behind early iPhone models. He has now been appointed as creative head of the firm to shape AI-focused devices for the future.
-
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.
-
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.
-
Microsoft Is Key Holdout for OpenAI Restructuring Plan
OpenAI has walked back part of its effort to create a more conventional for-profit company. Microsoft, which has invested $13.75 billion (roughly Rs. 1,15,878 crore) in the startup, remains the biggest holdout among investors as the ChatGPT maker tries to restructure, according to several people familiar with the matter.
