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Peak XV Partners, a leading venture capital firm in India and Southeast Asia, has seen a fresh round of senior departures. These follow other leadership exits over the past year as it pushes ahead with plans to deepen its focus on AI investing and expand its footprint in the U.S., while keeping India as its…
SpaceX has acquired Elon Musk’s artificial intelligence startup, xAI, creating the world’s most valuable private company, the spaceflight company announced Monday. Musk, who is also the CEO of SpaceX, wrote in a memo posted to the rocket company’s website that the merger is largely about creating space-based data centers — an idea he has become…
Cloud data company Snowflake has entered into a $200 million multi-year AI deal with OpenAI on Monday, the latest signal that enterprise AI competition continues to heat up. Under the deal, Snowflake’s 12,600 customers will have access to OpenAI models across all three major cloud providers. Snowflake employees access to OpenAI’s ChatGPT Enterprise as well….
Ring’s AI-powered “Search Party” feature, which leverages the company’s network of cameras to find lost dogs, is now available to all Ring customers in the U.S. For the first time, the feature will be made available to those who don’t own a Ring camera, too. Launched last fall, Search Party uses AI to find possible…
OpenAI, a company already valued at $500 billion, has made it known that it’s on the hunt for another $100 billion in investment. Such a funding round could lead the company’s valuation to shoot up to a titanic $830 billion. The Wall Street Journal is now reporting that Amazon may contribute at least $50 billion…
Benjamin Franklin and The Battle of Brooklyn — in AI? That’s the premise of an intriguing, provocative new series that Darren Aronofsky is producing via his AI-focused venture Primordial Soup. Drawing on the tech of Google DeepMind, with which the company has a deal, Primordial Soup is dramatizing the scenes from some of the Revolutionary War…
Meta announced Wednesday that it will charge developers for running chatbots on WhatsApp in regions where regulators are forcing the company to allow them. The move comes after the company’s ban on third-party chatbots on WhatsApp took effect on January 15. For now, Meta will charge developers in Italy, where the country’s competition watchdog asked…
Autonomous vehicle startup Waabi has raised $1 billion and struck a partnership with Uber to deploy self-driving cars on the ride-hailing platform — the company’s first expansion beyond autonomous trucking. The funding consists of an oversubscribed $750 million Series C round co-led by Khosla Ventures and G2 Venture Partners and roughly $250 million in milestone-based…
Help desk automation is a billion-dollar industry, and one of the most likely to be disrupted by tech built upon AI. Major players like Zendesk, ServiceNow and Freshworks currently dominate the space, but lots of smaller startups are betting that reshuffling workflows will give them a chance to cut in. Risotto is one of those…
A new risk assessment has found that xAI’s chatbot Grok has inadequate identification of users under 18, weak safety guardrails, and frequently generates sexual, violent, and inappropriate material. In other words, Grok is not safe for kids or teens. The damning report from Common Sense Media, a nonprofit that provides age-based ratings and reviews of…