Artificial Intelligence

OpenAI ropes in xAI

OpenAI ropes in xAI's former CFO as business finance officer

16 Sep 2025, 14:50 PM

Liberatore, who left xAI in July after just three months on the job, was involved in xAI's recent funding round of $10 billion in June.

Micro1 raises Series A funding led by VC firm founded by former X executives

Micro1 raises Series A funding led by VC firm founded by former X executives

15 Sep 2025, 12:50 PM

The funding round was raised at a valuation of $500 million.

OpenAI set for restructure under non-binding deal with Microsoft

OpenAI set for restructure under non-binding deal with Microsoft

12 Sep 2025, 12:31 PM

The two companies are actively working to finalize contractual terms in a definitive agreement.

The untold story of India

The untold story of India's robotics boom – and why it almost didn't happen

11 Sep 2025, 07:56 AM

With investors circling and startups scaling, India is facing a pivotal question: will policy and capital align to make it a true robotics hub?

Mistral AI attracts $2 billion in Series C led by ASML

Mistral AI attracts $2 billion in Series C led by ASML

10 Sep 2025, 15:41 PM

Existing investors including DST Global, Andreessen Horowitz, Bpifrance, General Catalyst, Index Ventures, Lightspeed and Nvidia also participated in the funding round.

Cognition AI raises $400 million in new funding led by Founders Fund

Cognition AI raises $400 million in new funding led by Founders Fund

09 Sep 2025, 11:10 AM

The funding round was raised at a valuation over $10 billion, more than double the valuation of $4 billion earlier this year.

OpenAI acqui-hires Xcode coding assistant Alex

OpenAI acqui-hires Xcode coding assistant Alex

08 Sep 2025, 11:33 AM

The acquisition of Alex fits into OpenAI's broader strategy of building a comprehensive developer tools ecosystem.

OpenAI to acquire product testing startup Statsig

OpenAI to acquire product testing startup Statsig

04 Sep 2025, 00:02 AM

As part of the deal, Statsig's CEO Vijaye Raji will step into a new role as CTO of Applications⁠, reporting to Fidji Simo.

Anthropic raises $13 billion in Series F at $183 billion post-money valuation

Anthropic raises $13 billion in Series F at $183 billion post-money valuation

02 Sep 2025, 22:19 PM

The fresh capital will help AI startup expand its capacity to meet growing enterprise demand.

What India

What India's Gaming Ban Reveals About UPI; Why RBI wants AI to Fix Finance

01 Sep 2025, 12:02 PM

In today’s edition, we uncover the messy underbelly of India’s gaming ban and its deep ties to UPI; and can RBI’s FREE-AI framework finally push finance into the AI age?

Journalism was already dying — AI wasn

Journalism was already dying — AI wasn't the culprit

01 Sep 2025, 11:48 AM

For this special edition, instead of dissecting business, we’re reflecting on something more personal — the state of journalism in the age of AI.

IRCTC enters payments where giants bleed; RIP of RIP in AI

IRCTC enters payments where giants bleed; RIP of RIP in AI

01 Sep 2025, 11:45 AM

We dig into the payments ambitions of IRCTC; and the curious haste with which some social media “gurus” are declaring entire professions dead because of AI.

Fintech founders shaping policy; India on AI map?

Fintech founders shaping policy; India on AI map?

01 Sep 2025, 11:41 AM

In today's newsletter we have our take on Sahil Kini's shift from startup founder to policymaker, and India's journey towards potentially becoming the third pole in the AI universe.

Reliance launches AI unit, strikes separate partnerships with Meta, Google Cloud

Reliance launches AI unit, strikes separate partnerships with Meta, Google Cloud

29 Aug 2025, 16:13 PM

Reliance Intelligence will pursue the business of setting up, acquiring, holding/investing in and promoting various ventures relating to AI.

Google to invest additional $9 billion to expand Virginia data center network through 2026

Google to invest additional $9 billion to expand Virginia data center network through 2026

29 Aug 2025, 12:12 PM

Google's capital commitment is aligned with broader industry trends as technology corporations accelerate domestic data center construction to support the rapidly expanding AI sector in the US.

OpenAI

OpenAI's evaluation shows rival Anthropic' Claude models less hallucinatory

29 Aug 2025, 11:43 AM

However, in terms of jailbreaking evaluations Claude models performed less well compared to OpenAI o3 and OpenAI o4-mini.

Elon Musk’s xAI, X sue Apple and OpenAI over antitrust claims

Elon Musk’s xAI, X sue Apple and OpenAI over antitrust claims

26 Aug 2025, 12:40 PM

The lawsuit is a build up to the long drawn dispute between Musk and OpenAI's Sam Altman.

OpenAI warns against unauthorized investment vehicles

OpenAI warns against unauthorized investment vehicles

25 Aug 2025, 12:07 PM

The warning comes as investors have increasingly used SPVs to buy stake in AI startups.

OpenAI

OpenAI's chief people officer Julia Villagra steps down

22 Aug 2025, 12:43 PM

Prior to joining OpenAI, Villagra was board member at Tertulia Chamber Music, San Francisco-based chamber music series.

Fintech Highlights

  1. RBI secures massive Mumbai land deal to house new office

  2. BeyondSquare Solutions secures $4 million in Series A funding led by Avant Global Corp

  3. Pelocal bags $5 million in Series A funding

  4. Pine Labs gets SEBI nod for IPO

  5. RBI imposes Rs 21 lakh penalty on PhonePe for compliance lapses
  6. Read more news...

AI/Emerging Tech

  1. OpenAI ropes in xAI's former CFO as business finance officer

  2. Micro1 raises Series A funding led by VC firm founded by former X executives

  3. OpenAI set for restructure under non-binding deal with Microsoft

  4. Mistral AI attracts $2 billion in Series C led by ASML

  5. Cognition AI raises $400 million in new funding led by Founders Fund
  6. Read more news...

Money & Machines

  1. What India's Gaming Ban Reveals About UPI; Why RBI wants AI to Fix Finance

  2. Journalism was already dying — AI wasn't the culprit

  3. IRCTC enters payments where giants bleed; RIP of RIP in AI

  4. Fintech founders shaping policy; India on AI map?

Editor's Pick

  1. Jio’s third attempt at payments: Can Mukesh Ambani finally crack the merchant code?

  2. Exclusive: ICICI Bank breaks zero-fee UPI model, starts charging payment aggregators

  3. Pine Labs IPO Playbook: Between DRHP Gloss and Ground Reality
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