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18 Feb 2025

Y Combinator Launches Summer Fellows Grants for AI-Focused Student Projects

Y Combinator introduces Summer Fellows Grants, offering $20,000 in cash and substantial cloud computing credits to undergraduate students for technical projects, with a focus on AI innovations.

2 Sources

OpenAI Co-Founder's AI Startup 'Safe Superintelligence' Nears $1B Funding at $30B Valuation

Safe Superintelligence, founded by former OpenAI chief scientist Ilya Sutskever, is reportedly close to raising over $1 billion at a $30 billion valuation, despite having no product. The startup aims to build safe superintelligent AI.

8 Sources

Zomato Launches Nugget: AI-Powered Customer Support Platform for Global Businesses

Zomato, the food delivery giant, introduces Nugget, an AI-native customer support platform developed in-house. This move marks Zomato's expansion into B2B solutions and showcases the growing influence of AI in customer service.

5 Sources

Dream Security Raises $100M at $1.1B Valuation for AI-Powered Critical Infrastructure Cybersecurity

Dream Security, an Israeli AI-driven cybersecurity startup, has raised $100 million in a Series B funding round led by Bain Capital Ventures, valuing the company at $1.1 billion. The company specializes in protecting critical infrastructure and government systems using advanced AI models.

6 Sources

17 Feb 2025

KiranaPro Becomes India's First ONDC-Integrated Quick Commerce Platform, Leveraging AI for Rapid Expansion

KiranaPro, an AI-powered quick commerce platform, has integrated with India's Open Network for Digital Commerce (ONDC), becoming the first such company to do so. This integration allows KiranaPro to connect with over 7 lakh registered vendors across India, aiming to revolutionize the quick commerce space.

2 Sources

Tencent Integrates DeepSeek AI into Weixin, Shares Soar to Three-Year High

Tencent begins testing DeepSeek's AI model in its Weixin app, alongside its own Hunyuan model, sparking a significant rise in stock prices and renewed interest in Chinese AI advancements.

2 Sources

16 Feb 2025

Tencent's Weixin App Integrates DeepSeek AI in Beta Test

Tencent's popular messaging app Weixin is beta testing integration with DeepSeek, a rising Chinese AI startup, signaling a major move in the competitive AI landscape.

2 Sources

15 Feb 2025

Figure AI Seeks $1.5 Billion Funding at $39.5 Billion Valuation, Signaling Surge in Humanoid Robotics

Figure AI, a startup developing humanoid robots, is in talks to raise $1.5 billion at a $39.5 billion valuation, marking a significant leap in the AI-powered robotics industry. This development comes amid growing interest from major tech companies in humanoid robots.

4 Sources

Dell Technologies Nears $5 Billion AI Server Deal with Elon Musk's xAI

Dell Technologies is close to finalizing a deal worth over $5 billion to supply AI-optimized servers to xAI, Elon Musk's AI startup. The deal involves servers equipped with Nvidia's advanced GB200 semiconductors, set to bolster xAI's ambitious AI infrastructure expansion plans.

8 Sources

SoundHound AI Stock Plummets as Nvidia Exits Stake: Implications for AI Market

SoundHound AI's stock price drops significantly after Nvidia sells its entire stake in the company, raising questions about the future of the voice AI firm and the broader AI market.

7 Sources

Elon Musk's xAI in Talks for $10 Billion Funding Round, Valuing Company at $75 Billion

Elon Musk's AI startup xAI is reportedly seeking a $10 billion funding round, potentially valuing the company at $75 billion. The company is also nearing a deal with Dell for AI servers and preparing to release its latest AI model, Grok 3.

5 Sources

Almonds Ai Secures INR 16 Crore in Seed Funding for AI-Driven Channel Loyalty Solutions

Almonds Ai, a channel loyalty and rewards platform, has raised INR 16 crore in seed funding led by Haldiram's promoters and JITO-JIIF. The startup plans to expand globally and enhance its AI-powered solutions for distribution networks.

2 Sources

Nvidia's Strong Position in AI Market Reaffirmed by Investor Optimism and Strategic Investments

Nvidia's stock remains a strong buy amid continued AI investments by major tech companies, while the chipmaker makes strategic moves in the AI market through new investments and divestments.

15 Sources

BingX Labs Invests $100,000 in Fireverse: Revolutionizing Music Creation with AI and Blockchain

BingX Labs has invested $100,000 in Fireverse, an AI-driven Web3 music platform, to advance AI-powered music creation and blockchain-based monetization in the music industry.

2 Sources

14 Feb 2025

Nikhil Kamath's WTFund Unveils Second Cohort: Supporting Young AI Entrepreneurs in India

WTFund, led by Zerodha co-founder Nikhil Kamath, announces its second cohort of 22 young entrepreneurs under 25, with a focus on AI-driven startups. The initiative provides funding, mentorship, and support to foster innovation across various sectors in India.

2 Sources

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