Category: Uncategorized
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Snapchat+ tops 25M subscribers, driving company’s direct revenue ARR to $1B
The revenue milestone comes as Snap has added additional paid offerings outside of its core Snapchat+ subscription over the past year to diversify its revenue streams.
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Kana emerges from stealth with $15M to build flexible AI agents for marketers
Kana, a new AI marketing startup from the founders of Rapt and Krux, has raised $15 million to build customizable, agent-based marketing tools.
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This former Microsoft PM thinks she can unseat CyberArk in 18 months
Though crowded, the identity management market seems eager for new solutions, and Venice is finding traction.
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Microsoft says Office bug exposed customers’ confidential emails to Copilot AI
Microsoft said the bug meant that its Copilot AI chatbot was reading and summarizing paying customers’ confidential emails, bypassing data protection policies.
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OpenAI pushes into higher education as India seeks to scale AI skills
OpenAI says its India education partnerships aim to reach more than 100,000 students, faculty and staff over the next year.
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Canva gets to $4B in revenue as LLM referral traffic rises
The creative company’s monthly active users increased 20%, growth that was partially propelled by adoption of its AI tools.
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India’s Sarvam wants to bring its AI models to feature phones, cars and smart glasses
The company is using edge models that take up only megabytes of space, can run on most phones with existing processors, and can work offline.
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Heron Power raises $140M to ramp production of grid-altering tech
Tesla alumni Drew Baglino raises a large round to build a giga-scale factory, this time at his own startup.
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Indian AI lab Sarvam’s new models are a major bet on the viability of open-source AI
The new lineup includes 30-billion and 105-billion parameter models; a text-to-speech model; a speech-to-text model; and a vision model to parse documents.
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DG Matrix raises $60M to make data center power smarter
The startup is making solid-state transformers capable of intelligently aggregating power from a number of different sources before sending it to data center racks.