Business

While the edtech sector in India has faced difficulties in recent years, one leader in the space continues to thrive. Physics Wallah, a popular online learning platform, has secured $210 million in new funding. This Series B round valued…
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A burgeoning startup focused on AI-generated media has raised a fresh round of funding to expand its capabilities. Fal.ai, which provides infrastructure for computer-generated images, videos and audio, has secured $23 million in funding led…
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In a pioneering move for the AI industry, the generative video startup Runway has partnered with Lionsgate, one of Hollywood's largest studios, to develop custom video capabilities. Runway will train an AI model using Lionsgate's extensive…
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Nick Frosst, co-founder of the Canadian AI company Cohere, has pursued music passionately throughout his life. In addition to leading Cohere, Frosst fronts the band Good Kid, composed entirely of programmers. Good Kid has gained…
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One of the largest payments companies in the US, Bolt, has announced resolving a long-standing legal dispute through buying out the shares of its investor Activant Capital. Activant had filed a lawsuit against Bolt's founder and then CEO…
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In a major development for the Indian wealthtech industry, Gurugram-based Centricity has raised $20 million in seed funding to scale up its technology offering. Led by marquee Silicon Valley investor Lightspeed Venture Partners, the round…
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Mumbai-based conversational AI startup Futwork has recently closed a Series A funding round, raising 20.9 crore rupees to further develop their offerings. The solution helps businesses optimize their customer communication processes through…
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Attention deficit hyperactivity disorder (ADHD) affects hundreds of millions worldwide, yet effective non-medication treatment options remain limited. A Sydney-based startup called Neurode may have developed a novel solution - a lightweight…
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While AI fatigue is a reality for some, venture capital investors have shown no signs of slowing down when it comes to pouring money into artificial intelligence startups. New data shows over $35 billion was invested globally into AI…
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Venture capitalists invested unprecedented amounts into innovative AI companies in the first half of 2024 according to a recent report. Over 35 billion dollars flowed into AI firms globally, underscoring investors' ongoing confidence in…
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