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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. Rajeev Ahuja steps down as executive director from RBL Bank

  2. Razorpay, NPCI join hands to launch AI powered payments on Claude

  3. PhonePe gets AI search feature using Microsoft Foundry

  4. CoinDCX announces ESOP buyback worth Rs 111 crore

  5. Pine Labs partners with OpenAI to embed AI APIs in its infrastructure
  6. Read more news...

AI/Emerging Tech

  1. Portkey raises Series A funding led by Elevation Capital

  2. Sarvam AI unveils two foundational LLMs

  3. Reliance plans to invest $110 billion to build India's AI infra

  4. Qualcomm to invest $150 million in Indian AI, tech startups

  5. Peak XV Partners invests in five new AI startups
  6. Read more news...

IPO Tales

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

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

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

  4. From social-commerce darling to e-commerce challenger: Inside Meesho’s IPO
  5. Read more news...

Money & Machines

  1. AI everywhere. Fintech...somewhere; India's AI groundwork

  2. The Wegofin episode; India's AI optics vs spending reality

  3. Watergate's legacy meets the scarcity of money and the rise of AI

  4. Economic Survey with fintech goggles on; Activate's Pratyush Choudhury on vibe coding
  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