Artificial Intelligence

OpenAI set to open its first India office

OpenAI set to open its first India office

22 Aug 2025, 12:16 PM

OpenAI has established a legal entity in India and has started hiring a local team.

At a Glance: ChatGPT dominates AI web traffic, Claude captures user time

At a Glance: ChatGPT dominates AI web traffic, Claude captures user time

21 Aug 2025, 13:28 PM

China's DeepSeek, which shook the AI industry after it launched a new AI tool in January this year, had only 2.7 billion web visits.

HDFC Bank invests in conversational AI company CoRover

HDFC Bank invests in conversational AI company CoRover

20 Aug 2025, 18:18 PM

Ankush Sabharwal, founder & CEO of CoRover, said that the partnership with HDFC Bank signals a shared commitment to building AI that is sovereign.

OpenAI launches new subscription plan in India at Rs 399 per month

OpenAI launches new subscription plan in India at Rs 399 per month

19 Aug 2025, 11:45 AM

ChatGPT GO will come at 10x higher message limits, 10x more image generations, 10x more file uploads, and 2x longer memory compared with our free tier.

OpenAI employees looking to sell shares worth $6 billion to Softbank, others

OpenAI employees looking to sell shares worth $6 billion to Softbank, others

18 Aug 2025, 12:29 PM

Thrive Capital and Dragoneer Investment Group are the other two investors which may buy shares from the ChatGPT maker's employees.

RBI committee proposes AI framework for financial services sector

RBI committee proposes AI framework for financial services sector

14 Aug 2025, 18:41 PM

An RBI survey found that only a fifth of the financial entities were either using or developing AI.

Apple creates new team to build ChatGPT-like app

Apple creates new team to build ChatGPT-like app

04 Aug 2025, 12:15 PM

The new app could be a standalone app or offer search capabilities in Siri, Safari, and other Apple products.

Google rolls out Deep Think for Gemini app

Google rolls out Deep Think for Gemini app

01 Aug 2025, 22:18 PM

Google says Gemini 2.5 Deep Think outperforms AI models from OpenAI, xAI, and Anthropic on LiveCodeBench6, a challenging test of competitive coding tasks.

SiMa.ai raises $85 million led by Maverick Capital

SiMa.ai raises $85 million led by Maverick Capital

01 Aug 2025, 21:48 PM

SiMa.ai founder and CEO Krishna Rangasayee said the funding will fuel the company's global expansion and accelerate the scale-up of its Physical AI.

AI startup Anaconda raises $150 million in Series C led by Insight Partners

AI startup Anaconda raises $150 million in Series C led by Insight Partners

01 Aug 2025, 13:42 PM

The new funding, which values the startup at about $1.5 billion, will be invested in new AI features, strategic acquisitions, market expansion.

OpenAI launches study mode in ChatGPT amid brain rot backlash

OpenAI launches study mode in ChatGPT amid brain rot backlash

30 Jul 2025, 16:50 PM

Study mode is designed to be engaging and interactive, and to help students learn something and not just finish something.

OpenAI

OpenAI's Shengjia Zhao named as chief scientist of Meta Superintelligence Labs

26 Jul 2025, 19:36 PM

The Meta Superintelligence Labs was announced in June as a specialized division bringing together leading researchers and engineers in artificial intelligence.

AI supremacy: Taiwan follows US with mega global hub plan

AI supremacy: Taiwan follows US with mega global hub plan

24 Jul 2025, 13:59 PM

The initiative is aimed at generating more than $510 billion in economic value by 2040.

Trump government unveils artificial intelligence policy

Trump government unveils artificial intelligence policy

24 Jul 2025, 12:17 PM

The comprehensive artificial intelligence strategy is aimed at achieving America's dominance in the global AI sector.

IBM opens Agentic AI Innovation Center in India

IBM opens Agentic AI Innovation Center in India

17 Jul 2025, 22:04 PM

The centre will enable clients and partners build AI agents, fine-tune small language models (SLMs) to power them, and audit the entire process.

Google rolls out Gemini 2.5 Pro, Deep Search to AI Mode in Search

Google rolls out Gemini 2.5 Pro, Deep Search to AI Mode in Search

17 Jul 2025, 21:56 PM

Google is rolling out new capabilities in Search, including Gemini 2.5 Pro and Deep Search, to Google AI Pro and AI Ultra subscribers.

AI coding startup Lovable hits unicorn status after $200 million fundraise

AI coding startup Lovable hits unicorn status after $200 million fundraise

17 Jul 2025, 21:39 PM

The funding round was led by Accel, with participation from several other investors including 20VC, byFounders, and Visionaries Club, among others.

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.

Anthropic rolls out Claude for financial services

Anthropic rolls out Claude for financial services

17 Jul 2025, 11:04 AM

The solution helps finance professionals analyze markets, conduct research, and make investment decisions with Claude.

At a Glance: Sebi-penalized Jane Street

At a Glance: Sebi-penalized Jane Street's many fintech, AI bets

16 Jul 2025, 18:26 PM

The recall value of Jane Street's name has shot up in the past weeks after India's SEBI barred the entity from accessing the Indian securities market for manipulating trades.

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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