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13 Aug 2025

India's First AI Unicorn Fractal Analytics Files for $560 Million IPO

Fractal Analytics, India's first AI unicorn, has filed for a $560 million IPO in Mumbai, potentially valuing the company at over $3.5 billion. The IPO aims to capitalize on growing investor interest in AI and India's increasing adoption of consumer technologies.

4 Sources

OpenAI's Sam Altman Launches Merge Labs to Rival Neuralink in Brain-Computer Interface Technology

Sam Altman, co-founder of OpenAI, is backing a new startup called Merge Labs that aims to develop brain-computer interface technology, directly competing with Elon Musk's Neuralink.

14 Sources

Rubrik Unveils 'Agent Rewind': A Safety Net for AI Agent Mistakes

Rubrik introduces Agent Rewind, a groundbreaking solution to undo errors made by AI agents, providing visibility, auditability, and reversibility for AI actions in enterprise environments.

2 Sources

Pony AI's Q2 Results: Robotaxi Expansion Drives Growth Amid Mixed Investor Reactions

Pony AI reports strong Q2 2025 results with 75.9% revenue growth, driven by Robotaxi services. Despite progress, stock performance remains mixed due to market challenges and investor expectations.

3 Sources

Squint Raises $40M to Revolutionize Manufacturing with AI and AR

Squint, an industrial automation startup, secures $40 million in Series B funding to advance its AI and AR-powered platform for modernizing manufacturing processes.

2 Sources

Apollo Hospitals to Double AI Investments Amid Strong Q1 Performance

India's Apollo Hospitals Enterprise plans to increase its AI investments over the next few years, following a successful first quarter with higher profits and patient volume.

2 Sources

Google Veteran Raises $8M for Continua: Bringing AI Agents to Group Chats

David Petrou, a former Google Distinguished Engineer, launches Continua, a startup that integrates AI agents into group chats to enhance collaboration and productivity.

2 Sources

NVIDIA Launches RTX 5090 D V2 in China: Gaming Performance Maintained, AI Capabilities Reduced

NVIDIA introduces the GeForce RTX 5090 D V2 in China, featuring reduced memory and AI performance to comply with US export restrictions while maintaining gaming capabilities.

5 Sources

SiMa.ai Launches Modalix: A Game-Changing Chip for On-Device Physical AI

SiMa.ai introduces Modalix, a next-generation chip designed to run reasoning-based LLMs and other AI models on-device with high performance and low power consumption, targeting robotics, automotive, and healthcare sectors.

2 Sources

OpenAI's GPT-5 Launch Marred by Chart Controversies and Data Visualization Errors

OpenAI's GPT-5 launch presentation featured misleading charts and data visualization errors, sparking criticism and raising questions about the AI industry's approach to presenting performance metrics.

2 Sources

Perplexity's $34.5 Billion Bid for Google Chrome: A Bold Move in the AI Search Race

AI startup Perplexity makes an audacious $34.5 billion offer to buy Google Chrome, following an antitrust ruling against Google. The bid, backed by venture funds, aims to reshape the search engine landscape.

55 Sources

Elon Musk and Sam Altman's AI Feud Escalates: Legal Threats, Public Spats, and App Store Controversy

The long-standing rivalry between Elon Musk and Sam Altman intensifies with public accusations, legal threats, and debates over AI app rankings, highlighting the fierce competition in the AI industry.

13 Sources

CoreWeave's Stock Soars Amid AI Boom, but Faces Challenges Ahead of Earnings Report

CoreWeave's stock has surged due to increased AI spending and Microsoft's investment, but the company faces risks from high valuation, potential share dilution, and upcoming earnings report.

2 Sources

Meta's AI Shows Signs of Self-Improvement, Sparking Superintelligence Debate and Policy Shift

Meta CEO Mark Zuckerberg announces that their AI systems are showing signs of self-improvement, potentially paving the way for artificial superintelligence (ASI). In response, Meta is changing its open-source policy for advanced AI models.

2 Sources

BigBear.ai Faces Challenges Amid Government AI Spending Surge

BigBear.ai struggles with revenue decline and contract disruptions, while competitors like Palantir capitalize on increased government AI spending.

6 Sources

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