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07 Apr 2025

OpenAI Considers Acquiring Jony Ive and Sam Altman's AI Hardware Startup

OpenAI is reportedly in talks to acquire or partner with io Products, an AI hardware startup co-founded by former Apple design chief Jony Ive and OpenAI CEO Sam Altman. The venture is developing AI-powered devices, including a potential screenless 'phone' concept.

13 Sources

Calligo Technologies Secures $1.1 Million in Pre-Series A Funding for AI-Focused Semiconductor Development

Bengaluru-based Calligo Technologies raises $1.1 million in pre-Series A funding to develop advanced AI and HPC-focused semiconductor chips, aiming to improve computing efficiency and expand market presence.

4 Sources

Juspay Secures $60 Million in Funding to Enhance AI Capabilities and Expand Global Reach

Juspay, an Indian payment infrastructure company, has raised $60 million in a Series D funding round led by Kedaara Capital. The company plans to use the funds to expand globally and boost its AI capabilities in the payments sector.

5 Sources

CMA CGM and Mistral AI Forge €100 Million Partnership to Revolutionize Shipping Customer Service

French shipping giant CMA CGM partners with AI startup Mistral AI in a €100 million deal to enhance customer service and fact-checking capabilities, showcasing France's commitment to AI innovation amid global trade tensions.

3 Sources

06 Apr 2025

India Boosts Startup Ecosystem: New Fund, Helpline, and Focus on Deeptech

India's government announces a new fund of funds for startups, a dedicated helpline, and increased focus on deeptech sectors like AI and quantum computing to boost the country's startup ecosystem.

3 Sources

04 Apr 2025

SandboxAQ Raises $450 Million in Series E, Backed by Google and Nvidia for Quantum AI Development

SandboxAQ, a startup specializing in quantum computing and AI, has raised an additional $150 million from investors including Google and Nvidia, bringing its Series E round to $450 million and total funding to $950 million.

5 Sources

Ola's AI Venture Krutrim Ramps Up Hiring Amid Senior Exits and Ambitious Investment Plans

Ola's AI arm Krutrim is actively recruiting for its AI labs in multiple countries, while simultaneously experiencing significant departures at various management levels. The company is pushing forward with substantial investments and open-source AI initiatives.

2 Sources

Lianhe Sowell Debuts on Nasdaq: Advancing Machine Vision and Robotics in Industrial Automation

Lianhe Sowell, a machine vision solutions provider, goes public on Nasdaq, raising $8 million to fuel expansion in industrial automation across key sectors.

2 Sources

Cognition AI Launches Devin 2.0: AI Coding Assistant Gets Major Upgrade and Price Cut

Cognition AI has released Devin 2.0, an updated version of its AI-powered coding assistant, with new features and a significant price reduction. The tool now offers a pay-as-you-go plan starting at $20, down from its previous $500 monthly subscription.

4 Sources

Indian Commerce Minister Sparks Debate on Startup Focus: Delivery Apps vs. Deep Tech

Commerce Minister Piyush Goyal's critique of India's startup ecosystem, comparing it unfavorably to China's deep-tech focus, ignites a heated debate among industry leaders and entrepreneurs.

15 Sources

Runway Secures $308M in Funding, Pushing Valuation to $3B as AI Video Generation Takes Center Stage

Runway, a startup specializing in AI-powered video generation, has raised $308 million in a Series D funding round led by General Atlantic, valuing the company at over $3 billion. The investment highlights growing interest in AI-driven media production technologies.

8 Sources

Vana: Revolutionizing AI Data Ownership with User-Centric Decentralized Platform

Vana, a decentralized platform born from an MIT class project, is reshaping the AI landscape by allowing users to own and govern AI models trained on their data, challenging the status quo of big tech data monopolies.

2 Sources

Teen Tech Prodigy Behind $30M AI App Faces College Rejections Despite Impressive Achievements

Zach Yadegari, an 18-year-old entrepreneur with a successful AI startup, was rejected by 15 top universities despite his 4.0 GPA and impressive business achievements, sparking debate about college admissions and the value of entrepreneurial experience.

5 Sources

03 Apr 2025

AI Dominates Q1 2025 Venture Funding, Led by OpenAI's Massive $40 Billion Deal

The first quarter of 2025 saw a surge in AI-focused venture funding, with OpenAI's $40 billion deal masking an overall slowdown in the sector. This highlights a growing divide in the startup ecosystem, with AI capturing the lion's share of investments.

3 Sources

OpenAI Enters Cybersecurity Arena with $43M Investment in Adaptive Security

OpenAI makes its first cybersecurity investment, co-leading a $43 million Series A funding round for Adaptive Security, a startup specializing in AI-driven defense against deepfake and social engineering attacks.

6 Sources

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