Google and Accel say about 70% of AI startup pitches tied to India were “wrappers” as they reviewed more than 4,000 applications for their Atoms cohort.
The deal comes after Unacademy’s valuation plunged from $3.5B to under $500M, as India’s once-booming edtech sector struggles.
Shardul Shah of Index Ventures walks us through Google’s biggest acquisition ever.
The Army described this as a single enterprise contract consolidating more than 120 separate “procurement actions.”
Digg laid off a significant number of staff and shut down its app, but says it’s not giving up on the startup.
The AI industry is constantly churning out news, like major acquisitions, indie developer successes, public outcry, and existentially dangerous contract negotiations.
After selling his AI startup to AMD for $665 million, Peter Sarlin is back with QuTwo, a new venture building the infrastructure it believes enterprises will need when quantum computing finally arrives.