Meeting notetaker Read AI on Thursday launched an AI-powered email-based assistant called Ada, saying it helps users manage their schedules, answer questions based on a company’s knowledge base, and reply to out-of-office emails. The company is calling Ada a “digital twin” that handles tasks for you around the clock. Read AI said that the assistant … Read more
As AI-powered search tools reshape how businesses are discovered online, India-founded startup Gushwork is helping companies capture customers from platforms such as ChatGPT, Gemini, and Perplexity — with early traction that is beginning to draw investor support. The two-year-old startup said Thursday it had raised $9 million in a seed round led by Susquehanna International … Read more
Salesforce pulled out all the stops to convince investors that the AI revolution won’t be its death when it announced fourth-quarter earnings on Wednesday. Salesforce reported a solid quarter of $10.7 billion in revenue, up 13% year-over-year. For the year, it reported $41.5 billion in revenue, up 10% over the previous year, with both results … Read more
Anthropic on Wednesday announced that it has acquired Vercept, an AI startup with deep roots to some of the biggest names in Seattle’s tech scene. The acquisition marks the latest after Anthropic acquired coding agent engine Bun in December to help scale Claude Code. Vercept had created tools for more complex agentic tasks, including its … Read more
Last month, OpenAI said that it is going to introduce ads to users of the free and Go tiers in ChatGPT. The company rolled out ads to U.S.-based users earlier this month amid criticism from rivals like Anthropic, which published a string of Super Bowl ads. On the sidelines of the India AI summit, TechCrunch … Read more
MatX, a chip startup founded by two former Google hardware engineers, has raised a $500 million Series B led by Jane Street and Situational Awareness, an investment fund formed by former OpenAI researcher Leopold Aschenbrenner. The company’s goal is to make its processors 10 times better at training LLMs and delivering results than Nvidia’s GPUs. … Read more
Tech giants’ efforts to ramp up AI adoption in India may be about to hit a turning point, as companies end free promotions with hopes to convert the world’s fourth-largest economy into a windfall of paid subscribers. India became the world’s largest market for generative AI app downloads in 2025, according to market intelligence firm … Read more
Large language models have a problem: they are large. Multiverse Computing, a Spanish startup, is addressing this issue with compressed models that aim to close the gap between what frontier models can do and what companies can actually afford to deploy. The secret sauce is CompactifAI, a compression technology inspired by quantum computing that the … Read more
Another year, another Stripe tender offer where investors buy shares from employees that values the company at an enormous step up. On Tuesday, Stripe announced that this latest secondary transaction now values the company at $159 billion. Investors buying the shares include Thrive Capital, Coatue, Andreessen Horowitz, and Stripe itself. In February 2025, Stripe announced … Read more
On Monday, creative suite maker Canva announced the dual acquisition of startups Cavalry, which works on animation, and Mango AI, which works on improving ad performance. UK-based Cavalry works on 2D motion animation for different verticals such as advertising, marketing, gaming, and generative art. Canva said that Cavalry’s tooling will add to the existing capabilities … Read more
