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, […]
AI to Accelerate Foreign Investment and Growth in India’s Startups: John Chambers
Former CEO and executive chairman of Cisco Systems, John Chambers, highlighted a bold vision lately for India’s startup ecosystem. He tried to explain the hinges on the transformative power of artificial intelligence (AI) during a CNBC-TV18 fireside chat at the US-India Strategic Partnership Forum’s Annual India Leadership Summit 2024. The optimism of Chambers about India’s […]
AI-Driven Industrial Robotics Startup Haber Nets Secures $38M for Factory Automation
Haber Nets has lately secured $38 million in a funding round. It is an AI-driven industrial robotics startup. It is set to revolutionize automation in various industries as the world today is of efficiency, sustainability and precision to stay competitive. It is set to reshape the operations of factories. Haber Nets was founded by Vipin […]
India Surges to 21% Share in Global AI App Downloads, Favoring Chatbots, Editors
India’s rise to claim 21% of global AI app downloads in the first eight months of 2024 signals a massive shift in the country’s tech ecosystem. With over 2.2 billion AI app downloads globally during this period, India’s growing appetite for AI tools along with image and video editors is nothing short of remarkable. But […]
SensiML Incorporates RISC-V to Revolutionize AI in Resource-Constrained IoT Devices
SensiML has lately integrated RISC-V in its AI development toolkit and it is believed to be an important moment for AI future in the IoT devices. The company is learned to be well-positioned in democratizing AI for developers. It is not to forget that this is an era of edge computing. The integration is also […]
How AI Enhances Predictive Analytics: Real-World Applications and Benefits
Success is not just about having access to data in today’s digital economy. It is about knowing how to use the data wisely. Businesses that stand out from the competition are not just relying on traditional analytics anymore. They are turning towards Artificial Intelligence (AI) to benefit from the predictive analytics. The shift is helping […]