Plotting Perplexity Against Bloomberg Terminal Backfires for CEO Aravind Srinivas
A growing number of users, have flagged critical data inaccuracies.
Krutrim Unveils AI Agent That Gets Things Done
Kruti completes actions end-to-end with minimal user input, using voice or text commands in 13 Indian languages.
OpenAI Rolls Out o3-pro Model, However, Delays Open-Weights Launch
The new model excels in academic tasks and integrates with tools for web browsing, file analysis, Python use, and memory personalisation.
Sarvam Launches Samvaad, a Conversational AI Platform for Indian Languages
Samvaad supports interactions across phone, WhatsApp, web, and apps
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
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.