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Former UIDAI chairman Nandan Nilekani has stepped down from his operational role at Fundamentum as the firm launches its $200 million third fund, focusing on AI and fintech startups in India.
Ashton Kutcher is leaving Sound Ventures to launch a new VC firm focused on AI infrastructure and energy systems that power the industry's leading AI labs.
China's AI sector is experiencing a funding surge, with DeepSeek raising $7.4 billion in its first-time funding round, signaling a strategic push for self-reliance amid global trade tensions.
South Korea has committed $880 billion over a decade to AI development, focusing on chips, data centers, and robotics to secure its future in the global AI race.
Amazon has announced a $13 billion investment in India's AI infrastructure, marking its largest single investment in the country. The move reflects growing global tech interest in India's expanding AI ecosystem.
Indie film fans are upset about Google DeepMind's $75 million investment in A24, sparking debate over AI's growing influence in Hollywood. The move raises concerns about the future of artistic storytelling in cinema.
ByteDance is in preliminary talks to secure a record $20 billion offshore loan to fuel its AI expansion, marking the largest capital raise in the company's history.
An AI crash could be more damaging than the dot-com bubble because AI companies are investing heavily in physical infrastructure. Learn why this matters for jobs, the economy, and the future of technology.
Yann LeCun warns that AI labs like OpenAI and Anthropic are heading for a 'big bubble explosion' due to unsustainable funding models. His criticism comes as he promotes his own AI venture, AMI Labs.
Venture capitalist Tiffany Luck discusses the AI spending backlash, as companies like Uber and Meta scale back on excessive AI adoption and investors demand clearer ROI.
Amazon, Nvidia, and AMD have invested $310 million into Odyssey ML, a startup developing 3D world models, raising its valuation to $1.45 billion. The funding round also included support from CIA-linked IQT and Google’s Jeff Dean.
Poland’s state-backed venture arm has invested $11 million in ElevenLabs, a leading AI voice technology company valued at $11 billion, as part of a broader strategy to nurture homegrown AI innovation.
