AI startup Nintee, led by Paras Chopra, closed after struggling to compete with bigger platforms. Funding to be returned. Employees offered roles at Wingify.
Blaize: The fundraise reflects the frenzy that had helped the AI sector attract a major share of venture capital money last year in a largely subdued environment. The launch of ChatGPT by OpenAI has generated interest in AI, with companies investing millions of dollars to cash in on the trend.
AI firm Blaize secures $106M funding from multiple investors. No valuation disclosed. Interest in AI sector grows post OpenAI s ChatGPT launch. Blaize plans SPAC deal with BurTech Acquisition.
AI Startup: "Cost arbitrage factor, driven by manpower, is going to be seriously impacted. It will be driven by values. We need to move from a cost-driven proposition to a value-driven proposition.
India Business News: Jagdish Mitra, the former head of Tech Mahindra's business in India, has established an AI startup with an initial proposed investment ranging from Rs