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Funding

Wipro Founder Azim Premji’s Investment Arm Bets on Databricks in $5 Bn Funding Round

Wipro Founder Azim Premji’s Investment Arm Bets on Databricks in $5 Bn Funding Round

In a detailed investment thesis, Premji Invest said Databricks sits at the centre of what it considers the biggest architectural shift in enterprise software since cloud computing.

Profound Raises $1.5 Mn to Build AI Reps for Every Professional

Profound Raises $1.5 Mn to Build AI Reps for Every Professional

It wants to replace static resumes and keyword-based professional profiles with intelligent AI "Reps" that continuously learn from users and act on their behalf.

Databricks Nears $188 Bn Valuation in New Funding Round to Double Down on Enterprise AI

Databricks Nears $188 Bn Valuation in New Funding Round to Double Down on Enterprise AI

The round is being led by existing investor Coatue and is expected to close later this summer, with participation from both new and existing investors.

KuhlTherm Secures $1.1 Mn Seed Funding to Build AI-Focused Liquid Cooling Solutions for Data Centres

KuhlTherm Secures $1.1 Mn Seed Funding to Build AI-Focused Liquid Cooling Solutions for Data Centres

The company said the fresh capital will be used to expand product development, strengthen research and testing capabilities.

SwitchOn Raises $8 Mn Pre-Series B Round to Scale Physical AI for Manufacturing

SwitchOn Raises $8 Mn Pre-Series B Round to Scale Physical AI for Manufacturing

The company will use the fresh capital to accelerate its international expansion and strengthen research and development in next-generation Physical AI.

AutoVRse raises $2.4 Mn to Accelerate Industrial AI Transformation Platform

AutoVRse raises $2.4 Mn to Accelerate Industrial AI Transformation Platform

The funding will help AutoVRse strengthen product development, expand integrations, and scale operations in North America, Europe, the GCC, and India.

Equal AI Raises $30 Mn Series B To Scale India’s AI Assistant For Everyday Needs

Equal AI Raises $30 Mn Series B To Scale India’s AI Assistant For Everyday Needs

Equal AI said its consumer AI platform has crossed more than one million monthly active users and 350,000 daily active users.