Sarvam Launches Samvaad, a Conversational AI Platform for Indian Languages
Samvaad supports interactions across phone, WhatsApp, web, and apps
AI Startups
OpenAI Targets $125 bn Revenue by 2029
It currently serves 500 million weekly active users and over three million paying business customers
Elon Musk’s xAI Forecasts $13 bn Earnings by 2029
xAI anticipates reaching $1 billion in gross revenue by year-end.
OpenAI Challenges Court Order to Preserve ChatGPT Logs in NYT Copyright Lawsuit
The company argues the directive undermines its user privacy commitments.
Meta Eyes Massive $10 Bn Deal with Scale AI to Boost Its AI Ambitions
Founded in 2016 by Alexandr Wang, Scale AI achieved $870 million in revenue in 2024
Perplexity Handled 780 mn queries in May, CEO Aravind Srinivas Says
The startups expects to hit a billion queries a week within a year
Reddit Sues Anthropic Over Alleged Unauthorised Use of User Data for AI Training
Reddit is also seeking a court injunction to bar Anthropic from further using its content