Cursor Raises $2.3 Bn, Hits $29.3 Bn Valuation as AI Code Editor Revenue Tops $1 Bn
Anysphere also revealed that its annualised revenue has surpassed $1 billion, underscoring the rapid adoption of AI-assisted software development tools.
AI Startups
Nyayanidhi Secures $2 Mn to Speed Up India’s Justice System with AI-Powered Litigation Infrastructure
The funds will accelerate the company’s mission to build the digital infrastructure layer for litigation in India, enabling faster, more transparent, and cost-efficient dispute resolution.
Soket AI Labs Unveils DHRITH, India’s First Emotion-Aware ASR Built for Multilingual, Code-Mixed Speech
The company says the system fills a long-standing gap in India’s AI ecosystem, where global ASR tools often fail to capture cultural and linguistic nuance.
Top 5 Multi-Billion Dollar Deals OpenAI Signed so Far
OpenAI is essentially scouring the world for guaranteed access to GPUs, specialised hardware, cloud capacity and long-term financial backing.
Perplexity Cancels Campus Partner Programme in India After Widespread Fraud
The programme offers students free access to Perplexity Pro, referral bonuses, and the chance to earn unlimited rewards for driving new user sign-ups to its Comet browser and AI products
OpenAI Unveils “Aardvark”—A GPT-5 Powered Agentic Security Researcher in Private Beta
Aardvark uses LLM-powered reasoning and tool-use to scan repositories, build threat models, monitor commits, and validate exploitability in a sandboxed environment.
Character.AI to Ban Minors From Chatting With AI Bots After Backlash
Character.AI announced new safety measures for young users, including removing open-ended AI chat for those under 18 by November 25.