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Krutrim, an Indian AI startup backed by SoftBank, will receive $230 million from a billionaire

Ola founder Bhavish Aggarwal is making a significant investment of $230 million into his artificial intelligence startup, Krutrim, as India ramps up efforts to carve out a space in an industry largely led by U.S. and Chinese tech firms. The funding is being funneled primarily through Aggarwal’s family office, according Read more…

By Pratik Patil, 3 months ago
Business

Funding round for UnifyApps raises $20Mn, new co-founder to lead the company

A unified business AI agent platform called UnifyApps has raised millions in its Series A financing round. The round was led by ICONIQ Growth and saw continued support from existing investors, including Elevation Capital. This latest funding milestone brings UnifyApps’ total funding to $31 million, following an $11 million seed Read more…

By Pratik Patil, 6 months ago
Technology

DarwinAI, a Canadian AI startup, is acquired by Apple as it expands its AI capabilities

Several employees of DarwinAI have joined Apple’s artificial intelligence section after the iPhone manufacturer acquired the company earlier this year, according to sources with knowledge of the situation who asked not to be named since the deal hasn’t been made public. DarwinAI provides services to a variety of industries and Read more…

By Pratik Patil, 1 yearMarch 16, 2024 ago

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