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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. Swedfund extends $20 million loan to microlender CreditAccess Grameen

  2. Snapmint raises $125 million in Series B funding led by General Atlantic

  3. PB Fintech July-Sept revenue up 38% to Rs 1,613.5 crore

  4. Razorpay partners with NPCI International to launch UPI payments in Malaysia

  5. General Atlantic doubles its PhonePe holding to 9% via $600 million secondary deal

  6. Read more news...

AI/Emerging Tech

  1. Google to offer free Gemini AI Pro access to Jio's 5G subscribers

  2. Mem0 raises $24 million from Kindred Ventures, Basis Set, Peak XV

  3. Cameo sues OpenAI for trademark infringement

  4. OpenAI completes recapitalization to form for-profit corp

  5. Amazon cutting 14,000 corporate jobs amid AI wave

  6. Read more news...

Money & Machines

  1. Money & Machines: Regulators, Reel Stars, Real Money. And 'All Inclusive' — Inside GFF 2025

  2. What happened after the gaming ban story; VCs' hunt for 'Lovable' in India

  3. RBI brings the wild west under regulatory fold; Hello, AI friend

  4. The same fate of two digital lending posterboys; Healthcare not AI ready?

  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

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