General Catalyst commits a massive $5 billion to India over five years, shifting focus from AI model development to real-world AI deployment, betting on the country's digital infrastructure, vast market, and tech talent as the foundation for transformative growth.
Perplexity abandons its advertising strategy and pivots to subscriptions and enterprise deals, betting that ad-free AI search will build consumer trust — but the startup faces fierce competition from Google, ChatGPT, and Anthropic as it fights for a foothold in an increasingly crowded market.
OpenAI slashes its infrastructure spending target to $600B by 2030—down from $1.4T—while finalizing a massive $100B+ funding round at a $730B valuation, with Nvidia potentially investing $30B alongside SoftBank and Amazon, as the AI giant projects $280B in revenue by 2030.
OpenAI is closing in on a record-breaking $100 billion+ funding round that could push its valuation beyond $850 billion, cementing its status as one of the most valuable AI companies in history.
Gen Z founder Kiara Nirghin launches Emanate, an AI startup backed by Andreessen Horowitz, Peter Thiel, and Alexis Ohanian, deploying autonomous revenue agents to modernize the $5 trillion industrial materials sector and promising customer revenue boosts of up to 80%.
Mukesh Ambani unveils a massive $110 billion plan to build gigawatt-scale AI data centers and edge computing infrastructure across India over seven years, aiming to slash AI costs, boost local-language AI, and position India as a global compute powerhouse amid a broader national AI investment surge exceeding $200 billion.
Nvidia-backed Emerald AI raises $25M in seed extension funding at a $250M valuation, bringing total funding to $42.5M, as its software helps data centers slash energy costs and ease grid strain during peak demand.
Perplexity scraps its advertising plans and pivots to premium users, signaling a major strategic shift as the AI search startup battles Google and fights to find a sustainable, trust-preserving business model.
AI pioneer Yann LeCun launches AMI Labs, raising funds at a staggering $3.5 billion valuation before officially opening its doors, with ambitions to build 'world models' that surpass today's large language models on the path to human-level AI.
Efficient Computer secures $60 million in Series A funding to develop revolutionary AI processors that enable battery-powered devices to run for months or years using spatial dataflow architecture that eliminates energy waste.