AI/Emerging Tech

Anthropic raises $13 billion in Series F at $183 billion post-money valuation

Anthropic raises $13 billion in Series F at $183 billion post-money valuation

02 Sep 2025, 22:19 PM

The fresh capital will help AI startup expand its capacity to meet growing enterprise demand.

Accel, Celesta, Gaja, others form alliance for deep tech bets in India-domiciled enterprises

Accel, Celesta, Gaja, others form alliance for deep tech bets in India-domiciled enterprises

02 Sep 2025, 14:54 PM

Each member of the alliance will commit "meaningful private capital" over 5-10 years to India-based deep tech companies.

Vertiv acquires Generative AI software firm Waylay

Vertiv acquires Generative AI software firm Waylay

01 Sep 2025, 15:11 PM

The acquisition is part of Vertiv's continued investment in AI-driven monitoring and control technologies.

Tessolve raises $150 million from TPG

Tessolve raises $150 million from TPG

01 Sep 2025, 12:55 PM

The Bengaluru-based startup will use the fresh capital to expand global delivery centers, build advanced test labs, pursue acquisitions, and strengthen R&D.

Reliance launches AI unit, strikes separate partnerships with Meta, Google Cloud

Reliance launches AI unit, strikes separate partnerships with Meta, Google Cloud

29 Aug 2025, 16:13 PM

Reliance Intelligence will pursue the business of setting up, acquiring, holding/investing in and promoting various ventures relating to AI.

Google to invest additional $9 billion to expand Virginia data center network through 2026

Google to invest additional $9 billion to expand Virginia data center network through 2026

29 Aug 2025, 12:12 PM

Google's capital commitment is aligned with broader industry trends as technology corporations accelerate domestic data center construction to support the rapidly expanding AI sector in the US.

OpenAI's evaluation shows rival Anthropic' Claude models less hallucinatory

OpenAI's evaluation shows rival Anthropic' Claude models less hallucinatory

29 Aug 2025, 11:43 AM

However, in terms of jailbreaking evaluations Claude models performed less well compared to OpenAI o3 and OpenAI o4-mini.

Elon Musk’s xAI, X sue Apple and OpenAI over antitrust claims

Elon Musk’s xAI, X sue Apple and OpenAI over antitrust claims

26 Aug 2025, 12:40 PM

The lawsuit is a build up to the long drawn dispute between Musk and OpenAI's Sam Altman.

OpenAI appoints ex Coursera exec Raghav Gupta as education vertical head for India, APAC

OpenAI appoints ex Coursera exec Raghav Gupta as education vertical head for India, APAC

25 Aug 2025, 17:48 PM

The ChatGPT maker also announced the launch of OpenAI learning accelerator in India.

Meta strikes licensing deal with Midjourney

Meta strikes licensing deal with Midjourney

25 Aug 2025, 12:38 PM

Last month, Meta struck a deal to acquire PlayAI, a voice technology startup.

OpenAI warns against unauthorized investment vehicles

OpenAI warns against unauthorized investment vehicles

25 Aug 2025, 12:07 PM

The warning comes as investors have increasingly used SPVs to buy stake in AI startups.

Google inks cloud computing deal worth $10 billion with Meta

Google inks cloud computing deal worth $10 billion with Meta

22 Aug 2025, 17:05 PM

As part of the deal, Meta will use Google Cloud's infrastructure, including computing servers, data storage systems, and networking capabilities.

OpenAI's chief people officer Julia Villagra steps down

OpenAI's chief people officer Julia Villagra steps down

22 Aug 2025, 12:43 PM

Prior to joining OpenAI, Villagra was board member at Tertulia Chamber Music, San Francisco-based chamber music series.

OpenAI set to open its first India office

OpenAI set to open its first India office

22 Aug 2025, 12:16 PM

OpenAI has established a legal entity in India and has started hiring a local team.

Robotics startup FieldAI raises $405 million from Nvidia's VC arm, others

Robotics startup FieldAI raises $405 million from Nvidia's VC arm, others

21 Aug 2025, 16:38 PM

The fresh capital will help the company for global expansion, product development across locomotion and manipulation and hiring.

Meta hits pause on hiring for AI division

Meta hits pause on hiring for AI division

21 Aug 2025, 15:32 PM

This hiring freeze comes after the company aggressively recruited over 50 AI researchers and engineers to bolster its capabilities in the competitive AI landscape.

HDFC Bank invests in conversational AI company CoRover

HDFC Bank invests in conversational AI company CoRover

20 Aug 2025, 18:18 PM

Ankush Sabharwal, founder & CEO of CoRover, said that the partnership with HDFC Bank signals a shared commitment to building AI that is sovereign.

Nvidia developing new, more powerful AI chip than H20 for China

Nvidia developing new, more powerful AI chip than H20 for China

20 Aug 2025, 12:04 PM

The new chip, which is tentatively called as B30A, will be single die in nature.

OpenAI launches new subscription plan in India at Rs 399 per month

OpenAI launches new subscription plan in India at Rs 399 per month

19 Aug 2025, 11:45 AM

ChatGPT GO will come at 10x higher message limits, 10x more image generations, 10x more file uploads, and 2x longer memory compared with our free tier.

OpenAI employees looking to sell shares worth $6 billion to Softbank, others

OpenAI employees looking to sell shares worth $6 billion to Softbank, others

18 Aug 2025, 12:29 PM

Thrive Capital and Dragoneer Investment Group are the other two investors which may buy shares from the ChatGPT maker's employees.

Fintech Highlights

  1. ADIA sells entire stake in MobiKwik

  2. InCred Money launches new scheme to invest in digital gold and silver

  3. Slice appoints former RBI executive Eugene Karthak as part-time chairman, independent director

  4. ADIO signs MoU with Ant International to strengthen Abu Dhabi's fintech ecosystem

  5. BharatPe partners with Unity Small Finance Bank for EMI-driven credit card
  6. Read more news...

AI/Emerging Tech

  1. Anthropic raises $13 billion in Series F at $183 billion post-money valuation

  2. Accel, Celesta, Gaja, others form alliance for deep tech bets in India-domiciled enterprises

  3. Vertiv acquires Generative AI software firm Waylay

  4. Tessolve raises $150 million from TPG

  5. Reliance launches AI unit, strikes separate partnerships with Meta, Google Cloud
  6. Read more news...

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  4. Fintech founders shaping policy; India on AI map?

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