Zepto Secures $665 Million in Funding, Valued at $3.6 Billion

Mumbai-based startup Zepto has secured $665 million in a new funding round, catapulting its valuation from $1.4 billion to $3.6 billion within a year....

OpenAI Enhances Retrieval Capabilities with Acquisition of Rockset

In a strategic move to bolster its technology stack, OpenAI has announced the acquisition of Rockset, a prominent provider of real-time analytics databases known...

Stanford Research Reveals AI Legal Tools Susceptible to Generating Inaccurate Data

As technology continues to permeate every aspect of professional life, the legal sector is not left behind. Large language models (LLMs) have become integral...

Microsoft Updates Recall Feature: Now Opt-In with Enhanced Encryption Following Privacy...

Microsoft has recently introduced significant updates to its AI-powered Recall feature on Copilot+ PCs following extensive criticism from security researchers over potential privacy risks....

SiFi, a spend management startup, secures $10M to expand operations in...

The global spend management sector is experiencing a significant tailwind of growth, driven by increasing internet penetration, technological advancements, and businesses' focus on prudent...

AI fintech LoanSnap, after raising $100 million, now faces lawsuits, fines,...

AI mortgage startup LoanSnap is currently grappling with numerous lawsuits from creditors and has been evicted from its headquarters in Southern California, leaving its...

Ex-Salesforce, Microsoft Execs Raise $8M for AI Cybersecurity Startup

Seattle's bustling tech scene sees yet another promising startup, Averlon, stepping into the spotlight with a novel approach to cybersecurity. The company has recently...

Big tech firms are investing in AI startups, potentially avoiding antitrust...

In a bustling week of financial activity within the artificial intelligence sector, several AI startups announced significant capital infusions, reflecting a continued frenzy of...