Artificial Intelligence

Ex-OpenAI technology chief Mira Murati

Ex-OpenAI technology chief Mira Murati's startup secures massive $2 billion in seed funding

16 Jul 2025, 11:24 AM

The funding round, which valued the startup at $12 billion, also saw participation from NVIDIA, Accel, ServiceNow, CISCO, AMD and Jane Street.

Oracle commits $3 billion for AI, cloud expansion in Europe

Oracle commits $3 billion for AI, cloud expansion in Europe

15 Jul 2025, 18:28 PM

Of the total investment, $2 billion will be directed towards Germany and $1 billion allocated to the Netherlands.

LG introduces South Korea

LG introduces South Korea's first hybrid AI model

15 Jul 2025, 14:13 PM

This development represents LG's second major AI milestone this year, building upon the March release of EXAONE Deep, which became South Korea's first reasoning AI model.

Cognition to buy Windsurf after Google

Cognition to buy Windsurf after Google's reverse-acquihire $2.4 billion deal

15 Jul 2025, 13:39 PM

Cognition said that the acquisition includes Windsurf’s IP, product, trademark and brand, and strong business without revealing the financial transactions.

Meta

Meta's Zuckerberg commits hundreds of billions for AI data centers

15 Jul 2025, 13:18 PM

The first facility named Prometheus is expected to become operational in 2026.

Google hires Windsurf AI talent in $2.4 billion licensing deal

Google hires Windsurf AI talent in $2.4 billion licensing deal

12 Jul 2025, 12:27 PM

The acquisition marks a significant victory for Google over rival OpenAI, which previously held $3 billion acquisition talks with Windsurf.

xAI reportedly eyes fresh funding at $170-$200 billion valuation; Musk denies

xAI reportedly eyes fresh funding at $170-$200 billion valuation; Musk denies

12 Jul 2025, 12:19 PM

The Saudi Arabian sovereign wealth fund, the Public Investment Fund, is expected to pick a significant stake in the round.

Meta acquires voice AI startup PlayAI in talent push

Meta acquires voice AI startup PlayAI in talent push

12 Jul 2025, 12:17 PM

The team will operate under Johan Schalkwyk, a recent Meta hire, who previously led voice AI company Sesame AI.

Saudi Arabia to roll out AI curriculum across schools

Saudi Arabia to roll out AI curriculum across schools

12 Jul 2025, 12:15 PM

The nationwide curriculum aims to cultivate domestic AI expertise while positioning the kingdom as a regional technology hub.

Goldman Sachs deploys AI software engineer for routine coding tasks

Goldman Sachs deploys AI software engineer for routine coding tasks

12 Jul 2025, 12:12 PM

The AI system 'Devin' will handle routine coding tasks such as updating internal code to modern programming languages.

AWS plans AI agent marketplace for businesses

AWS plans AI agent marketplace for businesses

12 Jul 2025, 12:08 PM

The proposed marketplace would function as a digital storefront where businesses can browse, acquire, and deploy AI agents designed for various operational needs.

Paytm to become AI-first company: Vijay Shekhar Sharma

Paytm to become AI-first company: Vijay Shekhar Sharma

11 Jul 2025, 23:18 PM

Sharma also said that companies will have to start using AI as an employee or even as a CEO.

Ex-Intel CEO launches new AI benchmark focussed on human values

Ex-Intel CEO launches new AI benchmark focussed on human values

11 Jul 2025, 20:39 PM

Flourishing AI (FAI) benchmark is developed in partnership with Gloo, a company former CEO Pat Gelsinger invested in over a decade ago.

Microsoft

Microsoft's BioEmu AI to advance drug discovery, says Satya Nadella

11 Jul 2025, 20:26 PM

BioEmu-1's ability to simulate structural ensembles, the different shapes a protein can take, marks a major milestone in protein science.

Google rolls out photo-to-video feature in Gemini

Google rolls out photo-to-video feature in Gemini

11 Jul 2025, 20:11 PM

Google claims the video generation system undergoes rigorous "red teaming" and evaluations to detect and address potential risks before launch.

Huawei eyes AI chip push in Middle East, Southeast Asia

Huawei eyes AI chip push in Middle East, Southeast Asia

11 Jul 2025, 19:53 PM

In a bid to challenge Nvidia’s dominance in the global artificial intelligence hardware space, the company has approached potential customers in UAE, Saudi Arabia, and Thailand.

Microsoft saves $500 million with AI while cutting jobs

Microsoft saves $500 million with AI while cutting jobs

10 Jul 2025, 21:58 PM

This comes a week after Microsoft said it is laying off 9,000, or 4% of its workforce, its biggest since it laid off 10,000 workers in 2023.

OpenAI hires from Meta, xAI, Tesla in escalating battle for AI talent

OpenAI hires from Meta, xAI, Tesla in escalating battle for AI talent

09 Jul 2025, 18:34 PM

Greg Brockman, president and co-founder at OpenAI, welcomed all of them in an X post.

Capgemini to buy WNS for $3.3 billion in Agentic AI push

Capgemini to buy WNS for $3.3 billion in Agentic AI push

07 Jul 2025, 18:09 PM

Aiman Ezzat, CEO, Capgemini, underlined that enterprises are rapidly adopting Generative AI and Agentic AI to transform their operations end-to-end.

Elon Musk

Elon Musk's xAI raises $10 billion to boost Grok platform

02 Jul 2025, 18:25 PM

The fresh capital will help xAI to develop its AI solutions including one of the world's largest data center and its flagship Grok platform.

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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