Govt Acquires Stake in Sarvam AI Amid AI Development Push
Most likely the Digital India Corporation (DIC), will take equity in return at Sarvam AI
AI Startups
Musk's xAI in Early Talks to Raise Billions of Dollars
The funding round could value the startup at $120 billion
Manus AI Maker Butterfly Effect Raises $75 mn to Expand into the US
The startup also plans to expand into Japan, and the Middle East
Sarvam AI Likely to Receive INR 220 Cr From Govt to Build Foundational Models
Last year, Sarvam AI released India’s first open-source foundational model, built completely from scratch
Perplexity Wants to be Google, Collect User Data & Sell Hypersonalised Ads
Perplexity CEO Aravind Srinivas recently outlined the company’s plans to launch a browser named Comet—a move aimed at deepening user understanding through broader data collection.
Speaking on the TBPN podcast, Srinivas said that collecting data beyond Perplexity’s app is key to offering more relevant advertising and content
Rimigo Raises $550K Pre-Seed Funding to Popularise Vacation Planning with AI
Rimigo plans to use the fresh capital to accelerate product development, expand its travel and tech team, and onboard top talent
Databricks Commits $250 mn to Fuel Data and AI Innovation in India
The company plans to expand its workforce by more than 50%