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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.

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Fintech Highlights

  1. Online Gaming Act, regulator to come into force from May 1

  2. Neokred founders sent to judicial custody in betting-related GST evasion probe

  3. Rainmatter backs PrimeInvestor, founded by former FundsIndia.com co-founder

  4. UPI in March: Marketplaces, family clothing shops post over 20% growth

  5. KRAFTON, Naver partner with Mirae Asset to launch Rs 6,000 cr India growth tech fund
  6. Read more news...

AI/Emerging Tech

  1. OpenAI and Infosys partner to scale AI across enterprises

  2. Kabeer Biswas' startup M attracts funding from Peak XV, Blume, Cred

  3. Apple names John Ternus CEO as Tim Cook becomes executive chairman

  4. Pentathlon Ventures leads seed funding in Intellithink

  5. Google rolls out Gemini's Personal Intelligence feature in India
  6. Read more news...

IPO Tales

  1. Turtlemint IPO: Behind its 8x revenue jump, an internal deal does the heavy lifting

  2. Shiprocket IPO: A profitable core, costly emerging bets

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

  4. Boat IPO: A second shot amid management shake-up, flat revenues, eager to exit investor
  5. Read more news...

Money & Machines

  1. 'Guilty, until proven innocent'; The ARR illusion

  2. Rishi Gupta is out on bail. What next?; The cost of frivolous AI use

  3. Fintechs' Dubai Dream; Founders' AI Second Act

  4. A CEO arrested, hearing delayed; Sarvam's AI pitch
  5. Previous editions...

PE/VC Tales

  1. Enterprise bets pay off as Arali Ventures eyes ‘larger’ third fund

  2. TDV Partners bullish on consumer over AI, plans bigger fund

  3. Peak XV top partners exit, a key retention marks a week of upheaval

  4. Silverneedle eyes 10x larger second fund, plans first semiconductor bet
  5. Read more news...

Editor's Pick

  1. Exclusive: Reserve Bank of India cracks down on misuse of education payments

  2. Inside Rebel Foods, Droom backer Lightbox's post-exodus reset

  3. The LAP rush and MSME mirage: Is fintech lending building its next risk? [Part-3]