Canva Snaps Up Two Startups as Software Stocks Crater
The Buzz ■ Canva acquires motion graphics platform Cavalry and video ad startup MangoAI in dual deal, per CNBC reporting…
Tag: ChatGPT
Education, healthcare most promising sectors for AI adoption, says OpenAI executive
SINGAPORE: Education and healthcare hold the greatest promise for artificial intelligence to reshape entire industries, according to a senior executive…
Google VP: Two AI startup models face extinction
The Buzz ■ Google Cloud VP Darren Mowry warns LLM wrapper and aggregator startups face mounting viability challenges according to…
InScope raises $14.5M to automate financial reporting with AI
The Buzz ■ InScope raises $14.5M Series A led by Norwest Venture Partners to automate financial statement preparation with AI…
Lucid Motors Cuts 12% of Workforce in Profitability Push
The Buzz ■ Lucid Motors is cutting 12% of its workforce, affecting hundreds of US employees per internal memo via…
OpenAI Alumni Launch 18 Startups, Reshaping AI Landscape
The Buzz ■ 18 startups have been founded by OpenAI alumni, including major players like Anthropic and Perplexity, according to…
The OpenAI mafia: 18 startups founded by alumni | TechCrunch
Move over, PayPal mafia: There’s a new tech mafia in Silicon Valley. OpenAI, the startup behind ChatGPT, is arguably the biggest AI player in…
General Catalyst pledges $5B to India, 5x jump from prior plan
The Buzz ■ General Catalyst commits $5 billion to India over five years, up from $500M-$1B earlier target ■ Announcement…
Nvidia Courts India’s AI Founders Through Early-Stage Ecosystem Push
Nvidia is making a strategic bet on India’s burgeoning AI startup scene, forging partnerships with investors, venture firms, and nonprofits…
Startup CEOs Push Back on AI Job Doom at Web Summit
The Buzz ■ Read AI and Lucidya CEOs told TechCrunch at Web Summit Qatar that AI replaces tasks, not workers…
Code Metal Raises $125M Series B for AI-Powered Defense Code Overhaul
Code Metal, a Boston-based defense tech startup, just closed a $125 million Series B to tackle one of the Pentagon’s…
Block’s Rolling Layoffs Expose AI-Driven Workforce Shift
The Buzz ■ Block implements rolling layoffs while mandating daily AI tool usage across workforce, according to employee accounts via…
India AI summit fails to unite startup rivals – Science & Tech – The Jakarta Post
ech bro rivalry is real, or at least it is for Sam Altman and Dario Amodei, the CEOs of two…
ChatGPT and Gemini struggle with complex Indian languages — but this Bengaluru startup says it can do better
Sarvam AI says its Sarvam Vision model beats Gemini and ChatGPT on key OCR benchmarks The startup focuses on all…
Google Cloud VP warns startups on infrastructure debt trap
The Buzz ■ Google Cloud VP warns startup founders about infrastructure ‘check engine light’ moments in TechCrunch video interview ■…
Ex-Tesla VP Drew Baglino raises $140M for grid tech startup
The Buzz ■ Heron Power raises $140M to build giga-scale factory for electrical grid technology, per TechCrunch ■ Founded by…
Meta Study: India’s AI Market Set to Hit $32B by 2031
Meta is betting big on India’s open source AI revolution. New research released today by the Linux Foundation in partnership…
Nvidia Taps Indian VCs to Scout Next AI Unicorns
Nvidia is making a calculated bet on India’s AI startup scene, forging partnerships with local venture capital firms to identify…