AI Startups
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
AI Startups
Perplexity Handled 780 mn queries in May, CEO Aravind Srinivas Says
The startups expects to hit a billion queries a week within a year
AI Startups
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
AI Startups
Bengaluru-Based Ringg AI Raises $1 mn to Build Voice-First Future for Businesses
The funding will fuel product development, team expansion, and research into advanced voice technologies.
AI Startups
Deccan AI Announces Funding to Fuel Market Expansion
The company supports the frontier model work of leading AI companies such as Google and Snowflake.
AI Developments
OpenAI Plans Major Overhaul of ChatGPT Into AI ‘Super Assistant’
The unredacted sections suggest this assistant will combine deep personalisation, multimodal interfaces, and agentic task capabilities.
AI Startups
AI Startup Builder.ai Faked Revenue Deal With India's VerSe Innovation
The startup revealed plans to file for insolvency in May after lenders froze its funds.
AI Startups
DeepSeek Releases an Updated R1 Model on Hugging Face
Although DeepSeek described it as a “minor” upgrade, the model is notably large, boasting 685 billion parameters
AI Startups
Elon Musk is Paying $300 mn to Bring Grok to Telegram
Telegram will receive 50% of all revenue generated from xAI subscriptions purchased within the app
AI Startups
Anthropic Rolls Out Voice Mode for Claude Chatbot
Users can toggle between text and voice, choose from five voice options
AI Startups
AI Startup Zoca Raises $6 mn to Supercharge Local Businesses with Autonomous Growth Agents
Zoca’s AI agents manage everything from discovering customer demand to lead conversion and client re-engagement
AI Startups
6 Companies OpenAI has Acquired so Far
In its largest acquisition to date, OpenAI acquired io, an AI hardware startup founded by former Apple design chief Jony Iv