Edge AI chip startup NetraSemi secures ₹107 crore in Series A funding from Zoho Corp and Unicorn India Ventures to scale its operations and expand talent hiring in Kerala.
Julius, an AI-powered data analyst platform, raises $10 million in seed funding to scale its analytics engine for business users. It simplifies data workflows and democratize insights.
Intel slashes 15% of its workforce and suspends multibillion-dollar chip expansion plans as it faces mounting losses. The move aims to revive profitability and strengthen the company’s AI ambitions.
Microsoft introduces Copilot Mode in its Edge browser, turning it into an AI-powered assistant that helps users browse, search, summarize, and interact with web content more intuitively.
Runway unveils Aleph, an AI model which enables real-time video-to-video editing using text and image prompts. This breakthrough could reshape post-production workflows and creative storytelling.
Former Alibaba Cloud president Zhang Jianfeng warns that 90% of AI innovations may vanish soon. He urges a focus on real-world applications and sustainable development beyond the current AI hype.
AI startup Krutrim, backed by Ola’s Bhavish Aggarwal, lays off over 100 employees in its second round of job cuts within six months, citing a pivot toward leaner, more agile teams.
Memories.AI raises $8 million in seed funding, backed by Samsung Next and former Meta leaders. The startup aims to revolutionize video intelligence.
