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31 May 2025

Anthropic's Meteoric Rise: Tripling Revenue to $3 Billion in Just 5 Months

Anthropic, an AI startup, has seen its annualized revenue skyrocket from $1 billion to $3 billion in just five months, driven by strong enterprise demand for its AI models, particularly in code generation.

7 Sources

India Selects Three More Startups to Develop Indigenous AI Foundation Models

The IndiaAI Mission has chosen Soket AI, Gnani.ai, and Gan.AI to join Sarvam AI in developing indigenous foundation models, backed by significant GPU resources and government support.

3 Sources

CloudZero Secures $56M in Series C Funding to Enhance Cloud Cost Optimization Platform

CloudZero, a startup specializing in cloud cost optimization, has raised $56 million in a Series C funding round led by BlueCrest Capital Management and Innovius Capital, with participation from MongoDB and other investors.

2 Sources

30 May 2025

Donut Labs Raises $7M for AI-Powered Crypto Browser, Challenging Brave and Opera

Donut Labs secures $7 million in pre-seed funding to develop the world's first "Agentic Crypto Browser," integrating AI agents with blockchain technology to simplify and automate crypto transactions.

2 Sources

IndiaAI Mission Selects 10 AI Startups for Global Acceleration Programme in Paris

The IndiaAI Mission has chosen 10 Indian AI startups for a global acceleration programme in partnership with Station F and HEC Paris, aiming to boost India's AI ecosystem on the international stage.

2 Sources

Sam Altman's Worldcoin Raises $135M Amid AI-Driven Identity Verification Push

Worldcoin, co-founded by OpenAI CEO Sam Altman, secures $135 million in funding through a direct token sale, sparking a 25% surge in its WLD token. The project aims to provide scalable human verification tools in the age of AI.

2 Sources

Buildots Secures $45M for AI-Powered Construction Management Platform

Buildots, a Chicago-based startup, has raised $45 million in Series D funding to expand its AI and computer vision-powered construction management platform, bringing its total funding to $166 million.

2 Sources

29 May 2025

AI-Powered Job Interviews: The Next Frontier in Recruitment Technology

Employers are increasingly adopting AI-powered interview systems to streamline recruitment processes, offering efficiency and accessibility but also raising concerns about the human element in hiring.

3 Sources

DeepSeek Unveils Updated R1 AI Model, Challenging Industry Giants

Chinese AI startup DeepSeek releases an update to its R1 reasoning model, claiming improved performance and reduced hallucinations, while also introducing a smaller, distilled version for broader accessibility.

17 Sources

Chalk Raises $50M Series A, Valued at $500M: Revolutionizing Real-Time AI Infrastructure

Chalk, an AI infrastructure startup, secures $50 million in Series A funding led by Felicis, reaching a $500 million valuation. The company aims to transform real-time data processing for AI inference, competing with industry giants like Databricks and Snowflake.

4 Sources

Cerby Secures $40M Series B Funding to Revolutionize Identity Security Automation

Cerby, an identity security automation startup, has raised $40 million in Series B funding to expand its platform capabilities and global reach. The company aims to automate the full identity lifecycle for disconnected applications, addressing a critical gap in enterprise security.

3 Sources

Atlas Cloud Launches Atlas Inference: A Game-Changing AI Inference Service

Atlas Cloud introduces Atlas Inference, a highly optimized AI inference service that significantly boosts GPU throughput and reduces computational requirements for AI workloads.

2 Sources

Robinhood CEO Predicts AI-Driven "One-Person Companies", Drawing Parallels to Bitcoin's Creation

Vlad Tenev, CEO of Robinhood, envisions a future where AI enables single-person companies, comparing this model to Satoshi Nakamoto's creation of Bitcoin. He suggests these companies could be tokenized and traded on blockchains.

2 Sources

28 May 2025

xAI and Telegram Forge $300M Partnership to Integrate Grok AI into Messaging Platform

Elon Musk's xAI invests $300 million in Telegram to integrate Grok AI chatbot, promising enhanced features and revenue sharing.

25 Sources

Saudi Arabia's Humain Unveils $10 Billion VC Fund and Ambitious AI Infrastructure Plans

Humain, Saudi Arabia's state-owned AI company, announces plans for a $10 billion venture fund and massive AI infrastructure investments, aiming to process 7% of global AI workloads by 2030.

3 Sources

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