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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, 05:59 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, 06:20 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. GetVantage secures Series A1 funding led by Rajeev Ahuja, SanRaj Group

  2. InRisk Labs raises Series A funding led by Bessemer and Northpoint Capital

  3. Government introduces Bill to enable future changes to MDR on UPI, RuPay debit cards

  4. Fundamentum doubles down as Stable Money kicks off Series C fundraising

  5. Avanse Q1 FY27 standalone revenue up 18% to Rs 760 crore
  6. Read more news...

AI/Emerging Tech

  1. Capillary Technologies Q1 FY27 revenue up 43% to Rs 256 crore

  2. Former Swiggy, Zomato execs' AI startup Profound bags seed funding

  3. Kily bags Rs 30 crore funding led by Sorin Investments

  4. Sarvam AI raising $74 million in extended Series B funding led by Nvidia

  5. Drone startup SUIND bags seed funding led by Transition VC
  6. Read more news...

IPO Tales

  1. Cult.fit IPO: A leaner business, but can the fitness startup justify its valuation?

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

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

  4. Shiprocket IPO: A profitable core, costly emerging bets
  5. Read more news...

Money & Machines

  1. Money & Machines: Postpaid is back. The golden era isn't; What Sarvam's Chaplot bet signals

  2. Money & Machines: Ashneer Grover’s third attempt at Third Unicorn; Rise of AI-powered travel

  3. Money & Machines: (UPI) Zero for Whom?; The Sovereign AI Dilemma

  4. Money & Machines: Regulating crypto without regulating crypto; iMerit's human edge
  5. Previous editions...

PE/VC Tales

  1. Elevation Capital offloads Paytm stake worth Rs 2,038 crore via bulk deals

  2. Peak XV, Elevation Capital offload Meesho shares worth Rs 1,949 crore via block deals

  3. Inside the fintech bets of Blume Ventures

  4. There's much more to AI than just agentic AI: Inflexor's Harsha Mundhada
  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]