Substack raises $100 million in Series C funding to expand tools and support for creators, boosting its valuation to $1.1 billion.
Author: Nileena Sunil
RAISE Summit 2025 united global AI leaders to explore scalable innovations and real-world applications, with Knowledge Networks serving as a strategic media partner.
“AI is no longer a future concept—it is the present reality that demands urgent and inclusive governance,” said Puri during the AI for Good Summit.
Wisp AI, a Y Combinator-backed startup, launches an AI-powered executive assistant to automate admin tasks and boost productivity for individuals and small teams.
Elon Musk’s AI chatbot Grok sparks controversy with violent, suggestive avatars, potentially violating App Store rules despite its 12+ age rating.
Scale AI lays off 200 staff amid restructuring, just weeks after Meta’s $14.3B investment and CEO Alexandr Wang’s move to Meta’s superintelligence team.
Y Combinator-backed AI music editor Riff has officially launched on Tuesday. Riff, which describes itself as “cursor for music,” uses artificial intelligence to make music creation easier
Finlens, a Y Combinator and Accel-backed AI pilot for accounting, has been launched.
Thinking Machines Lab, founded by former OpenAI CTO Mira Murati, has raised $2 billion in a record seed round to compete with frontier AI labs.
OpenEvidence, dubbed the ‘ChatGPT for doctors,’ uses AI to simplify evidence-based medical information for physicians, now supporting over 8 million clinical consultations monthly.
Google has announced it would be investing $25 billion to build data centers and AI infrastructure over the next two years in states across PJM Interconnection
Orange Slice uses AI agents and custom data scraping to find high-intent prospects, helping sales teams connect with ready-to-buy customers while they sleep.
Cognition acquires AI coding startup Windsurf, gaining its IP, talent, and user base, strengthening its position to compete with OpenAI, Cursor, and Anthropic.
GenAI traffic to U.S. retail sites increased by 3,300% year-over-year, highlighting growing consumer interest in AI-driven shopping during Amazon’s record-breaking Prime Day.
Apolink, founded by 19-year-old Onkar Singh Batra, is building a real-time connectivity network to provide 24/7 links for LEO satellites worldwide.
McGraw Hill aims for a $4.2 billion valuation in its IPO, planning to raise $537 million to repay debt and expand its educational publishing business.
Tech behemoth Meta announced on Sunday that it has acquired artificial intelligence voice startup Play AI
Aerospace company Firefly has submitted its formal declaration detailing plans for an initial public offering (IPO) sometime later this year
Jack Dorsey launches Sun Day to track UV exposure and Vitamin D intake, following his Bluetooth-based messaging experiment Bitchat, both built using “vibe-coding” AI tools.
Vellum raises $20M Series A to expand its enterprise AI development platform, helping teams build reliable, production-ready AI systems with test-driven development and global reach.
Tesla has applied to test and operate robotaxis in Arizona, aiming to expand its autonomous vehicle services despite varying state regulations and growing competition from Waymo.
Goldman Sachs tests Cognition’s autonomous AI coder ‘Devin’ to augment its workforce, reflecting Wall Street’s shift towards agentic AI and its impact on jobs.
Y Combinator-backed startup Oki AI has been launched. Oki makes use of artificial intelligence to provide personalized updates on company progress
YouTube will update its monetization policies to restrict mass-produced, repetitive, and low-quality AI-generated videos while clarifying guidelines for authentic creator content.
This acquisition of Verona Pharma reflects the commitment we have to delivering innovative treatments to patients and our ability to execute on our science-led and value-driven business development strategy