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LUMA AI FUNDING
Silicon Valley’s South Park Commons ramps up India deeptech pushSouth Park Commons is increasing its focus on India's deeptech sector, shifting investments beyond traditional software to areas like semic...
Andreessen Horowitz partner Bryan Kim departs to launch new AI-focused fundBryan Kim, who joined the Silicon Valley venture capital firm in November 2020, focused on consumer technology and AI applications. During ...
Luma's Amit Jain says fragmented AI tools impacting creative workflows, launches unified intelligenceIn an interview with ET, CEO Amit Jain explained that the industry's reliance on 'chaining’ separate models for text, image, and video has ...
ETtech Deals Digest: Startups raise $1.7 billion in November so far, up 3x on-yearIndian startups raised about $1.7 billion in funding between November 1 and 28, marking a more than threefold increase from November 2024, ...
Top tech and startup stories this weekWelcome to a new edition of ETtech Unwrapped — our weekend newsletter packed with the most important stories this week. Let's take a look.
ETtech Deals Digest: Startups raise $1 billion this week, nearly double on-yearThe number of deals done during the week was 24, compared with 38 in the corresponding week last year.
Zomato opens user data to restaurants; scrutiny on third-party UPI appsHappy Thursday! Zomato may soon share customer data with restaurants. This and more in today’s ETtech Morning Dispatch.
Video generation platform Luma AI raises $900 million, valued at $4 billionThe firm’s Indian-American CEO Amit Jain, who was formerly with Apple, told ET that the domain the company operated in is capital-intensive...
AMD, Cisco and Saudi's Humain launch AI joint venture, land first major customerThe yet-to-be-named joint venture will kick off with a 100-megawatt data center project in Saudi Arabia - the computing capacity of which H...
Banks rule UPI rails; Bizongo under scannerHappy Friday! A small group of banks quietly control most of the money received through UPI. This and more in today's ETtech Morning Dispat...
Fertility startup Luma Fertility raises $4 million from Peak XV’s Surge fund, othersLuma Fertility will use the funds to open more full-stack fertility clinics in Mumbai and expand to other cities over the next two years. C...
TikTok owner ByteDance's new AI offering can generate life-like videos from single pictureThe announcement of the AI model comes amid discussions about ByteDance divesting its American business to ensure TikTok’s continued operat...