Alexandr Wang

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.

Scale AI fires 14% employees after Meta

Scale AI fires 14% employees after Meta's mega investment

17 Jul 2025, 11:49 AM

The restructuring will make Scale AI more nimble; and allow it to serve the customers better, the company's interim CEO Jason Droege wrote to employees.

Meta hires Apple

Meta hires Apple's top AI executive to beef up superintelligence team: report

08 Jul 2025, 17:59 PM

Ruoming Pang had joined Apple in 2021 and in his current role was leading the foundation model team at the tech giant.

Google plans to snap ties with Scale AI after Meta

Google plans to snap ties with Scale AI after Meta's "significant" investment

16 Jun 2025, 18:20 PM

Google had planned to invest about $200 million in Scale AI, but Meta's investment in the data-labeling startup may have given it cold feet.

Who Reads Us

Fintech Highlights

  1. Budget 2026-27: FM announces Rs 10,000 Fund to support MSMEs

  2. Cred FY25 revenue up 16% to Rs 2,735 crore

  3. Fino Payments Bank Q3 revenue falls 15% to Rs 394 crore, net profit halves

  4. Paytm Q3 revenue up 20% to Rs 2,194 crore, swings to net profit

  5. Pine Labs Q3 revenue up 24% to Rs 744 crore
  6. Read more news...

AI/Emerging Tech

  1. Budget 2026-27: Govt to assess AI impact on jobs; boost services

  2. Electronics components manufacturing gets Rs 40,000 crore push in Budget 2026

  3. SpaceX may merge with other Elon Musk companies Tesla or xAI

  4. ServiceNow partners with Anthropic to bring AI-powered products

  5. Amazon cuts 16,000 jobs
  6. Read more news...

IPO Tales

  1. Fractal IPO: A bountiful harvest for PE investors, now comes the real AI test

  2. Boat IPO: A second shot amid management shake-up, flat revenues, eager to exit investor

  3. From social-commerce darling to e-commerce challenger: Inside Meesho’s IPO

  4. The Bull Run Broker: Inside Groww's $7 billion IPO
  5. Read more news...

Money & Machines

  1. Visa's utility shift; an AI bet that isn't accidental

  2. A payments scare and an AI funding reality check

  3. ONDC confused me for years — now AGI is confusing everyone

  4. The Paytm Ledger; How Dunzo's Biswas lit up India's next AI deal wave
  5. Previous editions...

Editor's Pick

  1. ED orders Yes Bank to freeze accounts linked to BranchX, Frenzopay

  2. The shadow economy of online gaming: How money moves beyond the screen

  3. A VC in photos, a different story in business? Behind the facade of Foxhog’s Tarun Poddar