Unconventional AI Emerges from Stealth with a $475 Mn Haul to Build ‘Biology-Scale’ AI Compute

Unconventional AI has successfully completed a $475 million seed funding round, led by Naveen Rao, the former head of AI at Databricks. This funding has positioned the startup with a valuation of $4.5 billion, marking a significant entry into the AI hardware sector.

ElevenLabs achieved a remarkable milestone by adding $14 million in annual recurring revenue (ARR) in just one day, highlighting the company's rapid growth in the artificial intelligence sector. This significant increase reflects the increasing demand for AI solutions and services in various industries.

India is taking steps to regulate artificial intelligence (AI) training conducted by major companies like Google and OpenAI, reflecting a growing concern over the implications of AI technologies on society. This move is part of a broader initiative to ensure that AI development aligns with national interests and ethical standards.

AI technology is being explored for its potential to monitor air quality, which could significantly impact public health by providing real-time data on pollutants and allergens in the environment. This innovation aims to enhance awareness and proactive measures against air pollution-related health issues.

Setu has launched an innovative Agentic Bill-Payments System designed to alleviate the stress associated with monthly billing, addressing common concerns such as the fear of incorrect payments and the hassle of managing multiple bills. This new system aims to streamline the payment process for users, enhancing their overall experience.

Anthropic has acquired Bun, a JavaScript and TypeScript runtime, to enhance its AI capabilities, particularly for its coding tool, Claude Code, which has recently reached a valuation of $1 billion. This acquisition is part of Anthropic's strategy to solidify its infrastructure and improve monetization plans for Bun.

Google’s Accelerator Programmes are significantly contributing to the growth of India’s AI-native startup ecosystem, providing essential support and resources to emerging companies in the field. This initiative aims to foster innovation and enhance the capabilities of startups leveraging artificial intelligence technologies.

Tiger Global has announced a new $2.2 billion fund aimed at cautious investments in the venture capital space, following the success of its previous fund which included notable investments in OpenAI, Waymo, and Databricks. The firm has cautioned investors about the elevated valuations in the AI sector, signaling a more conservative approach moving forward.