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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. Actis sells additional stake in Pine Labs worth Rs 371 crore

  2. Skydo gets payment licence in Canada

  3. Telangana CID arrests Worldline executive in multi-crore Falcon fraud case

  4. ED raids Safexpay, Decentro, others in online investment fraud probe

  5. PhonePe says dormant wallet fee will not impact UPI, bank accounts
  6. Read more news...

AI/Emerging Tech

  1. Adobe buys Topaz Labs to boost AI photo, video editing

  2. Amazon to invest $13 billion more for India AI, cloud expansion

  3. Anthropic strengthens Europe expansion with appointment of Orange AI chief

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  5. JustAI secures $17 million in Series A funding led by Base10
  6. Read more news...

IPO Tales

  1. Zepto IPO: Can this cash-hungry quick commerce model turn profitable?

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

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

  4. Fractal IPO: A bountiful harvest for PE investors, now comes the real AI test
  5. Read more news...

Money & Machines

  1. Money & Machines: MobiKwik's Third Lending Act; The Entry-Level Squeeze

  2. Money & Machines: RBI's quiet signals; Tamil Nadu's AI act

  3. Money & Machines: One on 1Pay; Gen Z goes AI-First

  4. Money & Machines: Project UPI Meta is back; A case for industrial AI
  5. Previous editions...

PE/VC Tales

  1. Zetwerk-backer Kae Capital sees more exits in next 12 months, says AI startup valuations high

  2. Micro VCs: Fueling India's startup pipeline or distorting it?

  3. Inside the fintech and financial services bets of Peak XV, Accel, Elevation

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