AI Startups
Indian Vibe-Coding Startup Rocket.new Raises $15 Mn to Revolutionise AI App Development
The Surat-based startup plans to double its engineering and product team over the next year.
Data Centre
OpenAI Announces Five New Stargate AI Data Centres Across the U.S.
Stargate is now set to deliver nearly 7 gigawatts of planned capacity and over $400 billion in investment within three years
AI Startups
Perplexity Releases AI Browser Comet for Pro subscribers in India
He said Comet will be available to Pro subscribers starting September 22.
AI Models
Luma AI Launches Text-to-Video Model Ray3 with Built-in Reasoning
Luma announced a partnership with Adobe to integrate Ray3 into its Firefly creative suite.
Expansion
Cohere Expands in Paris, Names New EMEA Leaders to Drive Growth
The French office will work closely with Cohere’s global research, engineering, and product teams.
Partnerships
Microsoft, OpenAI Strike New Deal to Reshape Partnership
While financial details of the revised commercial arrangements were not disclosed, both companies confirmed they are working toward a definitive agreement.
AI Startups
Anthropic’s Claude Can Now Build Excel Spreadsheets in Minutes — Automating Data, Reports, and Financial Models
The update, available in preview for Max, Team, and Enterprise users.
Funding
Devin Creator Cognition Raises $400 Mn at $10.2 Bn Valuation
The company first launched Devin, an AI software engineer, in March 2024.
AI Startups
OpenAI Projects $115 bn Cash Burn by 2029 Amid Costly AI Expansion
OpenAI is projected to spend more than $8 billion in 2025 alone, about $1.5 billion higher than previously anticipated.
AI Startups
AI Startup New Computer Shuts Down, Sunsets Dot App
After a year of exploration, the company’s founders said their visions had diverged.
AI News
OpenAI to Launch AI-Powered LinkedIn Competitor
The move signals OpenAI’s push into applications beyond ChatGPT.
Funding
You.com Secures $100 mn to Build ‘Highways of the Agentic Era’ for AI Agents
You.com claims its APIs outperform Bing and Google’s search APIs in speed, accuracy, and cost.