AI News
Reporting, analysis and features from AIM's AI News section.
Databricks Raises $5 Bn at $190 Bn Valuation as Revenue Run Rate Tops $7 Bn
The company said Lakebase has crossed a $100 million revenue run-rate, while more than 1,000 customers now generate over $1 million in annualised revenue each.
Siddharth Jindal ·
L&T's Vyoma.AI Lands NVIDIA 10K-GPU Deal
L&T will deploy a 10,000-GPU NVIDIA B300 AI Factory at Vyoma.AI's gigawatt-scale Chennai data centre campus to support Together AI's AI Native Cloud platform.
Ridhika Basnet ·
SpaceXAI Launches Grok 4.6 to Take On GPT-5.6 and Fable 5
The company says the model can handle multi-step research, coding and app-building tasks while checking and refining its own work along the way.
Siddharth Jindal ·
CodeRabbit Raises $143 Mn as AI Coding Agents Generate More Code
The company is expanding beyond AI code reviews with tools that prioritise changes, explain large pull requests and monitor software for security risks.
Siddharth Jindal ·
i-Hub Gujarat, SanchiConnect Scale Accelerator to Support 30 Defence, Aerospace Startups
The second cohort brought together 30 startups and more than 20 investors and corporate leaders at a two-day Demo Day.
Ridhika Basnet ·
Sarvam AI Takes Indus to 2,500 Maharashtra Govt Officials
The platform will help officials research policies, draft replies, translate documents and process records while keeping government data within India.
Siddharth Jindal ·
Lovable Raises $400 Mn to Build the AI Platform for Business Software
The company says its platform now powers more than 60 million projects and receives over 900 million monthly visits, with businesses using it to build internal tools and replace existing software.
Siddharth Jindal ·
Coforge Launches New Business Unit Focused on Private Equity Sector
The company has launched a dedicated private equity business unit as PE firms increasingly look to technology and AI to improve portfolio-company performance, margins and valuations.
Ajay Rag ·
Indian Chip Startups Nearly Match 2025’s Entire Funding Total in H1 2026
According to the report by Speciale Invest and Startup Policy Forum, it took only seven rounds to raise $61.9 million in H1 2026.
Merin Susan John ·
N Chandrasekaran to Step Down as Tata Sons Chairman, Won’t Seek Reappointment
N Chandrasekaran will step down as Tata Sons chairman in February 2027, ending months of uncertainty over his succession.
Ajay Rag ·
Samsung Cuts Month-Long Chip Verification to Two Days With Claude: Report
Samsung assessed that the Claude-assisted workflow was roughly 15 times faster.
Supreeth Koundinya ·
Samsung to Train 20,000 Indian Students in AI
The company’s fourth edition of the Samsung Innovation Campus programme is delivered alongside the Electronics Sector Skills Council of India and the Telecom Sector Skill Council.
Supreeth Koundinya ·
SpaceXAI Releases Grok Bot, a ‘24x7’ AI Teammate
Grok Bot is available in early beta to SuperGrok Heavy, Cursor Ultra, and Cursor Premium Teams subscribers on desktop and iOS.
Supreeth Koundinya ·
OpenAI COO Brad Lightcap Leaves After 8 Years to Start New Venture
Lightcap’s exit follows a recent reshuffle of OpenAI’s leadership team, with the executive saying he plans to share details of his next venture soon.
Siddharth Jindal ·
Quantinuum, Oracle Bring Quantum Computing to OCI
Quantinuum’s Helios will be integrated with OCI’s HPC and GPU infrastructure, giving customers a single environment to run hybrid quantum-classical workloads.
Siddharth Jindal ·
Google, Lightspeed to Host AI Sprint for India’s Consumer Tech & Fintech Startups
The one-day programme will focus on making AI commercially viable, covering infrastructure, CAC, margins and deployment.
Merin Susan John ·
Discovered Materials Raises $9 Mn to Solve Silicon’s Overheating Problem
The round saw participation from Peak XV Partners and angels Paul Graham, Gokul Rajaram, and Thariq Shihipar.
Merin Susan John ·
xAI Co-Founder Igor Babuschkin’s Startup River AI Raises $1.1 Bn to Build Custom AI Models
River’s API lets enterprises fine-tune and run reinforcement learning on open-weight models without building or managing their own AI infrastructure.
Siddharth Jindal ·
NVIDIA Releases Nemotron 3.5 Lightning and NeMo Switchyard for Agentic AI
Nemotron 3.5 Lightning delivers up to four times faster output and 30% faster agentic task completion than other models in its class.
Siddharth Jindal ·
IBM and Together AI Sign $240 Mn Deal to Build NVIDIA B300 Inference Cluster
Together AI will use the infrastructure to increase inference capacity and bring down the cost of serving open-source models to enterprise customers.
Siddharth Jindal ·