Business & Startups - Page 46 of 63
AI company news, venture capital funding, startup launches, mergers, acquisitions, and major market moves in the AI industry.
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Databricks Instructed Retriever outperforms traditional RAG by 70%
That seventy percent figure is a trap. It’s meant to dazzle. The real takeaway from Databricks’ new retrieval model is simpler: most companies have been wasting their own data. For years, enterprises have structured their information.
xAI raises USD 20 billion in funding amid rollout of new AI models
Twenty billion dollars landed at Elon Musk's xAI this week. That sum, a record for an AI startup, arrives as the industry's pace turns frantic. Competitors are scrambling. xAI now holds a stack of chips that dwarfs most others on the table.
MeitY launches Param Shakti supercomputer at IIT Madras for faster research
A new supercomputer at IIT Madras is a blunt instrument for research. It’s meant to smash through bottlenecks. The machine, called Param Shakti, was launched by India's Ministry of Electronics and Information Technology.
Tailwind slashes 75% of workforce as revenue drops nearly 80%
Adam Wathan, the founder of Tailwind, didn’t mince words when he posted the news on GitHub yesterday. Traffic to the company’s documentation, the primary funnel for its paid UI components and developer tools, has plunged 40% since early 2023.
Coimbatore AI startup Aivar raises USD 4.6 M to expand US, Middle East
Coimbatore’s AI startup Aivar has just locked in $4.6 million to push into the US and Middle East.
Cloud analyst Sriram Subramanian predicts mixed inference model for AI workloads
Forget the argument about whether AI runs in the cloud or on your phone. The winner is both. Sriram Subramanian, a cloud analyst, frames the future as a split decision: processing will happen wherever it makes sense at the moment.
Infosys to Deploy Cognition's AI Engineer Devin, citing six-month quality gains
Infosys is going all in on Devin. After a six-month internal trial showed real gains in engineering quality and efficiency, the IT giant is wiring Cognition's AI agent directly into the systems it builds for clients.
Arrowhead Raises USD 3 M, Claims Fivefold ARR Jump and 100% POC to Live Rate
Three million dollars is a decent seed round. The real story is what Arrowhead did just before taking the money. The Bengaluru startup says its annual recurring revenue grew five times between August and October last year. That’s a vertical line.
NY RAISE Act targets AI safety as Zhipu AI launches GLM 4.7, Nvidia buys Groq
The AI industry is moving faster than the laws meant to contain it. New York just answered with the RAISE Act, the second major U.S. bill targeting AI safety, a legislative shot across the bow.
xAI secures USD 20 bn to boost Grok training, expand data centres and compute
xAI has locked down another $20 billion. The cash isn’t sitting idle. It’s being thrown at compute, more GPUs, bigger data centres, faster training for Grok.
Mercedes to debut Nvidia Level 2++ assist in US as CES backs AI robotaxis
Mercedes-Benz will roll out its Nvidia-powered Level 2++ driver assist system in the United States later this year, the company announced at CES.
Universal Music partners with Nvidia on AI model for smarter song search
Universal Music Group spent two years suing AI firms. Now it's paying one. The world's largest music label has partnered with Nvidia to build a new search engine for its catalog.
OpenAI, Anthropic Support AI Transparency Bill as States Adopt Frameworks
Artificial intelligence companies now officially want rules. For them, maybe, not for you. OpenAI and Anthropic have endorsed a New York State bill requiring transparency from powerful AI models.
Intel launches Core Ultra Series 3 PC platform at CES 2026, improving efficiency
For years, Intel's marketing mantra was gigahertz. At CES 2026, that era is officially over. The new rallying cry is efficiency, demonstrated by the Core Ultra Series 3 platform.
Nvidia launches DLSS 4.5 with 6x Frame Generation, better image quality on RTX 40- and 50-series
Nvidia’s DLSS 4.5 is a refinement that cuts to the bone of image quality. Rolling out today to every RTX GPU, the new transformer model delivers sharper edges, cleaner lighting, and dramatically reduced ghosting, improvements visible in titles like...
Nvidia's Cosmos Reason 2 boosts robot reasoning for complex tasks
Nvidia’s Cosmos Reason 2 doesn’t just make robots smarter, it rewires how they think. By merging broad foundational knowledge with razor-sharp proficiency, these models let machines tackle tasks once deemed too chaotic for automation.
GE Appliances shows package-scanning fridge with window mode at CES 2026
GE wants to solve your grocery amnesia for $4,899. That's the price tag on its upcoming Profile Smart 4-Door French-Door refrigerator, revealed at CES 2026.
Beijing May Scrutinize Manus–Meta Deal After USD 75M Series B Funding
A startup can change its address. It can’t change its birth certificate. Manus, an AI firm, just raised $75 million from the US venture firm Benchmark and fled to Singapore. Its China operations are mostly shuttered.
Databricks Secures Over USD 4 B in Series L Round, Highlighting AI Data Demand
Databricks just raised four billion dollars. It did not need to do this. The company is already profitable. Its revenue run rate is $4.8 billion. Investors value it at $134 billion.
xAI rolls out Grok Business, Enterprise and isolated Enterprise Vault add-on
Elon Musk's xAI announced new tiers for its Grok AI assistant on Tuesday: Grok Business, Grok Enterprise, and an isolated Enterprise Vault add-on.
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