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ARTIFICIAL INTELLIGENCE STARTUPS
Raised $3 million, secured prestigious US O-1 visa: How IIT dropout Dhravya Shah built an AI startup before 20Young Indian entrepreneur Dhravya Shah, before turning 20, launched over 15 open-source projects and sold two companies. His AI startup, no...- He didn't just learn AI; he turned it into a Rs 1 crore-a-month business by teaching othersA 13-year-old Ayush Singh transformed pandemic curiosity into a thriving AI business, reportedly earning Rs 1 crore monthly. He bypassed tr...
- AI startup General Intuition raises $320 million from Khosla Ventures, General Catalyst, Jeff BezosGeneral Intuition describes itself as a "frontier lab for acting in space and time.” It focuses on the development of large action foundati...
- Bleak job market for H-1B returnees; Delhivery investors' exitLaid off tech workers from the US face an unprecedented job slump back home. This and more in today’s ETtech Morning Dispatch.
- Chinese AI models up to 50 times cheaper as enterprises reassess OpenAI, Anthropic costs: JPMorganThe report titled "Semiquincententacles: The US Grip on Global Markets," said growing cost pressures are prompting businesses to reconsider...
- Anthropic expands hiring for AI infra roles in A-Pac amid surge in demandThe hiring push comes as Anthropic works to expand its computing capacity beyond the US. The company had said in a blog post in April that ...
- Anthropic hires Orange's AI chief amid Europe pushOrange's Chief AI Officer, Steve Jarrett, is departing the French telecom giant to join U.S. AI startup Anthropic. He will be based in Pari...
- At 13, he left school. At 14, he owns office in Burj Khalifa, Dubai: How teen built a thriving AI business, without taking an AI courseA 14-year-old prodigy, Jainam Jain, is making remarkable strides in the business world, even securing an office on the 141st floor of Dubai...
- IndiaAI backing could make government a minority shareholder in SarvamThe central government could end up with a 1-2% stake in AI startup Sarvam, valued at $1.5 billion, as part of its $300 million funding rou...
- Google poised to lose two more senior AI staffers to AnthropicTheir moves rattled investors and cast new doubt on Google’s ability to compete in the fierce race to build better models.Shares of Alphabe...
- Vishal Sikka’s AI startup Hang Ten Systems raises $32 million led by MayfieldFormer Infosys CEO Vishal Sikka has launched Hang Ten Systems, an AI startup focused on enterprise solutions, securing $32 million in seed ...
- No IIT, IIM degree, yet Rs 1 crore monthly income at 19: How a co-founder used his laptop with patchy internet to build an AI businessA LinkedIn post by Topmate co-founder and CTO Dinesh Singh has brought attention to 19-year-old AI entrepreneur Ayush Singh, who reportedly...
- Early Anthropic backer Menlo lands $3 billion in its largest-ever haulMenlo is set to announce that it’s raised $3 billion for a set of funds dedicated to backing AI startups, marking the venture firm’s larges...
- US Stock Market: AI spending fears hammer US tech giants, Alphabet leads selloffWall Street’s AI-driven technology rally faced pressure as investors questioned whether rising infrastructure spending can generate suffici...
- AI startup Baseten hits $13 billion valuation as Australia's Blackbird makes record betThe round was led by U.S.-based investors Sands Capital and Wellington Management, Baseten said late on Monday. Top Australian venture ca...
- SpaceX falls for third day, erases $600 billion in market valueSpaceX shares have seen a significant drop, losing hundreds of billions in value over three days. This decline follows the company's announ...
- ETtech Deals Digest: Sarvam mega round lifts startup funding to $403 million this week, up 36% on-yearIndian startups secured a significant $402.6 million in funding across 20 deals, with AI firm Sarvam leading the pack with a $234 million i...
- Mistral AI CEO Arthur Mensch discusses sovereign AI partnership with PM ModiDuring a pivotal encounter in Paris, Mistral AI's CEO, Arthur Mensch, sat down with Prime Minister Narendra Modi to explore the future of a...
- Two techies from India and Pakistan built an AI startup - Now both are billionaires thanks to Elon Musk. Here's all about Aman Sanger and Sualeh AsifTwo young entrepreneurs, Aman Sanger from India and Sualeh Asif from Pakistan, have joined the billionaire ranks. Their company, Cursor, a ...
- How a 22-year-old Indian techie dropped out to build an AI startupA 22-year-old Indian entrepreneur, Kinjal Nandy, has secured significant pre-seed funding for his AI startup, Sonatic, at a ₹191 crore valu...
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