OpenAI Chief Sam Altman Sees AI Making One-Person Startups a Reality

The future of startups is set to change dramatically and OpenAI CEO Sam Altman believes artificial intelligence (AI) is to play a central role in the transformation. He envisions a world where a single individual equipped with AI tools and thousands of GPUs can create a billion-dollar company. It is a once-unthinkable scenario and is […]

San Francisco’s Avathon Sets Sights on India for AI, Triples Headcount by 2026

Sparkcognition’s transformation to Avathon marks a strategic shift in the way AI startups are positioning themselves globally and particularly in India to drive industrial as well as economic impact through advanced artificial intelligence. India is becoming central to Avathon’s vision of reshaping traditional industries with AI and laying the groundwork for resilient and forward-looking business […]

AI and Sustainability Leads Path in 2024’s Most-Funded Startup Industries

A couple of industries are leading the path in 2024 in attracting startup funding and seems these are sure to shape economy of tomorrow. The fresh investments into sectors like artificial intelligence (AI), fintech, healthtech and agritech reflects a focus on innovation and economic evolution. AI is the standout equipped with more than $24 billion […]

US-India M&A Activity Shifts Focus to ESG and AI Innovations

The mergers and acquisitions (M&A) segment in 2024 reflects an evolution driven by post-pandemic transformations, economic shifts and industry-specific momentum. The pandemic years accelerated digital transformation across crucial sectors and spurred a wave of M&A activity as companies sought to strengthen their digital capabilities. Low interest rates and abundant capital fueled the growth initially but […]

Floworks Claims 36% Accuracy Improvement Over GPT-4o with New ThorV2 Model

Enterprise automation is an ever-evolving segment and Floworks has positioned itself as a frontrunner with the introduction of its innovative ThorV2 architecture. It is learned the ThorV2 is set to disrupt the market and particularly for organizations looking to utilize the power of large language models (LLMs). At the core of ThorV2 lies a transformative […]

Basecamp Research’s $60M AI Model Aims to Decode Language of DNA

Artificial intelligence (AI) is often playing in the world of language and amid such a scenario a London-based startup Basecamp Research is charting a unique course. It has lately secured $60 million funding and is developing an AI model that could revolutionize the interaction with biology as well as biodiversity. Co-founder and CEO Glen Gowers […]

AI Startup Founders Innovate with Multiple Models and Modern Talent Needs

Founders of AI startups are at the helm of a transformation and building from the ground up with a distinctly “AI-native” mindset. A recent survey by Costanoa Ventures reveals that they are utilizing multiple foundational models and also adapting to the fast-evolving AI ecosystem with unique strategies for talent as well as product development. More […]

JLR Strengthens Global Innovation Efforts with New India Hub, Focus on AI, IoT

The decision of Jaguar Land Rover (JLR) decision to launch an Open Innovation Hub in Bengaluru highlights a shift in the way automotive giant is preparing for the future. The world is currently transitioning to electric, connected and autonomous vehicles. The focus of JLR on collaborating with startups in India’s tech ecosystem is a smart […]

Genie AI Secures $17.8M Series A from Google and Khosla Ventures

The legal industry is currently facing a much-needed revolution. London-based legal tech startup Genie AI is leading that charge and lately secured $17.8 million in Series A funding from Google Ventures and Khosla Ventures. Genie AI represents a significant shift in the way legal professionals could operate in the future. Genie AI was founded in […]

India’s GenAI Ecosystem Sees Explosive Growth, Startup Count Triples to Over 240

India’s Generative AI (GenAI) ecosystem is experiencing a boom as the number of startups is tripling to more than 240 in one year. It is an explosive growth and reflects increasing relevance of the country in the global AI landscape. Bengaluru is leading the charge by 43% space. The cities which closely followed are Ahmedabad, […]