Ashutosh Garg and Varun Kacholia, co-founders of Eightfold, an AI recruiting startup, have launched a new company called Viven, designed to tackle the issue of team communication effectively. Employees often face delays when they need information from colleagues who are unavailable due to vacations or differing time zones. To address this, they have raised $35 […]
Nvidia has emerged as a leading force in the AI sector, capitalizing on the rapid growth of the market since the release of ChatGPT in 2023. The company’s revenues and stock market performance have surged, pushing its market cap past $4.5 trillion. With these gains, Nvidia has aggressively increased its investments in AI startups, participating […]
Thinking Machines Lab has recently witnessed a notable shift in its leadership, with co-founder Andrew Tulloch deciding to join Meta. This move was confirmed on Friday when Tulloch communicated his departure to the team, and a spokesperson from Thinking Machines Lab remarked that he "has decided to pursue a different path for personal reasons." Previously, […]
OpenAI has recently acquired Roi, a personal finance application powered by AI. This acquisition is aligned with OpenAI’s strategy to enhance personalized consumer AI. Only Roi’s CEO, Sujith Vishwajith, will transition to OpenAI, while the rest of the small team will see their roles phased out, with operations set to cease on October 15. Vishwajith […]
Periodic Labs, founded by Ekin Dogus Cubuk and Liam Fedus, has emerged from stealth mode with an impressive seed funding round of $300 million. This funding has come from a prestigious group of investors including Andreessen Horowitz, Nvidia, Jeff Bezos, and others. Cubuk, formerly with Google Brain and DeepMind, led efforts in AI projects such […]
Manny Medina, renowned as the founder of sales automation platform Outreach, has successfully attracted significant funding for his latest venture, Paid. The startup raised $21.6 million in an oversubscribed seed round led by Lightspeed while building upon an earlier pre-seed round of €10 million raised in March. With this new funding, Paid has amassed a […]
AI chip startup Groq has confirmed a significant funding boost, raising $750 million at a post-money valuation of $6.9 billion. This funding surpasses previous expectations set when rumors about the company’s fundraising emerged in July, which suggested a potential raise of around $600 million at an estimated valuation of $6 billion. Groq, known for challenging […]
Y Combinator recently hosted its Summer 2025 Demo Day, where over 160 startups presented their innovations to investors, showcasing a significant focus on AI solutions. However, the approach to AI has shifted; instead of merely offering AI-powered products, many startups are now developing AI agents and the essential infrastructure required for their functionality. This batch […]
In a recent interview, Bret Taylor, the board chair at OpenAI and CEO of AI startup Sierra, discussed the current state of the artificial intelligence industry. He agreed with OpenAI CEO Sam Altman’s assertion that we are witnessing an AI bubble, signaling that significant financial losses are likely for some investors. Taylor elaborated that AI […]
A startup named Koah has recently secured $5 million in seed funding, with plans to integrate advertising into AI applications. The company’s co-founder and CEO, Nic Baird, believes that advertising will be crucial in monetizing AI products beyond their initial subscription models, particularly as AI usage spreads globally. Baird highlighted that while consumers in wealthier […]