Latest AI News

Devin Maker Cognition Raises $1 Bn at $26 Bn Valuation as Adoption Grows

Devin Maker Cognition Raises $1 Bn at $26 Bn Valuation as Adoption Grows

The company said its annualised revenue run rate has reached $492 million.

29 days ago

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Has the hunt for AI compute uncovered the next Cerebras?

Has the hunt for AI compute uncovered the next Cerebras?

The raging demand for computers to run AI models has only accelerated, but there are two major obstacles that anyone in the business needs to overcome: getting the right chips, and getting them into data centers where they can start generating revenue. General Compute, a new inference neocloud — a company that rents out AI processing power, specializing in the phase when models are running and responding to users rather than being trained — has answers to those questions that illuminate where the AI ecosystem is headed. Those answers helped it raise a $15 million seed round at a $60 million post-money valuation, led by FUSE VC with participation from Carya Venture Partners and Village Global Ventures. First, what is the right chip? The demand for GPUs has gone through the roof, but it’s becoming conventional wisdom that they aren’t the best-suited chips for running AI models once they have been trained. The phase of AI where a model is actively generating responses has different computational requirements than training, and a new class of chips is being designed specifically for it. Nvidia’s $20 billion Groq transaction in December and Cerebras’ $57 billion IPO last week point the way. With capacity strained at both those companies, the co-founders of General Compute, CEO Finn Puklowski and CTO Jason Goodison, found another option. They’re turning to specialized chips built by SambaNova, an Intel-backed chipmaker focused on inference that has fallen a bit out of the Silicon Valley conversation. That may change when SambaNova releases its new chips this year. The architecture is more flexible and uses more memory to store context during inference calculations, and SambaNova claims that it outperforms not just GPUs but also other specialized chips built by the likes of Groq or Cerebras. Puklowski says the new chips will generate 600 to 700 tokens per second, versus about 250 tokens per second for GPUs. General Compute has $300 million of the company’s SN50 chips on order and says it will be the first neocloud deploying them. These chips also help solve the second big problem—where to put them—for General Compute: They are air-cooled, not water-cooled, and consume less power, so they can be installed in existing data center facilities without new infrastructure investments. Puklowski is pursuing colocation deals — arrangements where General Compute installs its hardware in someone else’s facility — not just with data center providers, but also with crypto miners looking to repurpose their infrastructure as the cost of producing a bitcoin has often exceeded its price. General Compute launched its cloud offering last week, claiming it is already the fastest at running MiniMax 2.7, a powerful open-source LLM. Joe Hasselmann is a venture investor who got in on the ground floor of the inference boom when he invested in Groq in 2021. This year, he launched a new fund, Evercrest Capital Partners, focused on the AI space, and made General Compute his first investment. Hassleman sees in SambaNova’s partnership with General Compute parallels to Coreweave’s relationship with Nvidia — and to the pairing of Groq’s chip-making with its former cloud offering. “They do need a healthy mix of customers that are going to put their chips in environments that are going to have high growth to them,” Hassleman said. “As much as General Compute is making a bet on SambaNova, SambaNova is making a bet on General Compute.” The question is what kind of computer architecture will capture the most value in the AI future. Inference clouds are implicit bets on a world of multiple models and agents, one where no single provider dominates and speed and cost of inference become the key competitive variables. Consider the$113 million Series Braised for OpenRouter this week, reflecting the company’s ability to offer customers access to multiple models in order to optimize their token spend. Speed matters in that calculation, for price, and for capability. Puklowski wants to turn hour-long workloads for coding agents into five- or ten-minute tasks, and make audio agents for customer service, which require faster inference to converse effectively, more economical.“If you use ChatGPT and it gives you 50 tokens per second, that’s still a heck of a lot faster than we can read,” Puklowski told TechCrunch, “Now that things have moved to agent-to-agent, where agents are out there reading on our behalf or pinging databases, they need to go faster.”

29 days ago

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Confluent Launches Dedicated GCC Strategy in India as AI Adoption Accelerates

Confluent Launches Dedicated GCC Strategy in India as AI Adoption Accelerates

the GCC ecosystem is undergoing a structural shift, with centres functioning as captive support units

29 days ago

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Wipro Expands ServiceNow Partnership to Scale Agentic AI Workflows Across Enterprises

Wipro Expands ServiceNow Partnership to Scale Agentic AI Workflows Across Enterprises

Wipro Intelligence suite will be integrated with ServiceNow’s AI platform to automate workflows across functions such as IT, HR, procurement and cybersecurity.

29 days ago

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Google Partners with Polaris School of Technology to Launch AI and Cloud-Focused Degree Programme

Google Partners with Polaris School of Technology to Launch AI and Cloud-Focused Degree Programme

Google collaborates with Bengaluru's Polaris School of Technology to integrate certified pathways, AI tools, and multi-million-rupee credits into a new degree.

29 days ago

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TCS Partners Mistral to Build Custom Enterprise AI Models at Scale

TCS Partners Mistral to Build Custom Enterprise AI Models at Scale

TCS has partnered French AI startup Mistral to help enterprises build custom AI models using proprietary data.

29 days ago

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Why India Inc Struggles to Retain Gen Z in the AI Economy

Why India Inc Struggles to Retain Gen Z in the AI Economy

India’s employers are facing a new workforce reality as Gen Z workers, armed with AI-era skills, are moving faster than traditional career ladders can keep up with.

29 days ago

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Is Claude Mythos Overwhelming Security Teams?

Is Claude Mythos Overwhelming Security Teams?

Organisations can find more vulnerabilities than ever before, but the sheer volume forces them to fix their fundamentals first.

29 days ago

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Vertu wants CEOs to run companies from an AI foldable starting at $6,880

Vertu wants CEOs to run companies from an AI foldable starting at $6,880

Luxury smartphone brand Vertu on Thursday unveiled a foldable phone powered by an AI agent that connects with enterprise software and coordinates workflows. The company is targeting executives who manage business operations and communications on the move. Called the Alphafold, the foldable smartphone starts at $6,880 for the calfskin version. Higher-end models feature bespoke finishes including alligator leather, 18K gold, and natural diamond accents, along with customized detailing. This continues Vertu’s long-standing strategy of positioning its phones as luxury status symbols aimed at affluent buyers. The company told TechCrunch that its highest-end standard model is currently priced at $46,800, with further customization options available. The launch marks Vertu’s latest attempt to reinvent itself for the AI era after struggling to remain relevant in the modern smartphone market. The Hong Kong-headquartered company, onceknown for luxury handsetsand concierge services popular among wealthy buyers before the rise of the iPhone, haschanged ownership multiple timesover the years as mainstream smartphone makers came to dominate the industry. Nonetheless, Vertu is betting the Alphafold can help reinvent the brand for the AI era by combining luxury hardware with enterprise-focused AI capabilities. Vertu’s Alphafold comes with Hermes Agent, built on top of the open-source Hermes project by Nous Research. The agent can connect to enterprise systems like ERP and CRM, and coordinate tasks such as approvals, scheduling, sales tracking, travel planning, and operational reporting through natural-language prompts. However, the company said that its Phone-to-ERP and VPS deployments would be customized for each customer depending on their existing enterprise systems, with pricing varying accordingly. The Alphafold, Vertu said, can route requests across multiple AI models including OpenAI’s GPT, Anthropic’s Claude, Google’s Gemini, and selected open-source models, while also integrating with more than 80 apps and dozens of native phone functions for cross-platform workflows. Existing AI features on smartphones from major manufacturers remain focused largely on consumer tools such as image editing and voice assistance, Vertu CEO Molly Ma said. This leaves room for more advanced AI-agent workflows tied to enterprise systems. She also pointed to earlier AI-agent smartphone experiments in China thatgained popularitybefore facingchallenges over data privacyand cloud-based data collection. The Alphafold, Ma said, aims to address those concerns through a privacy-focused architecture featuring a proprietary A5 security chip. This silicon is designed to isolate authentication keys, biometric credentials, and sensitive enterprise information from the main operating system, the company said. It added that commercially sensitive data can be processed locally on the device, while prompts sent to external AI models are redacted or tokenized before leaving the phone. While Vertu has emphasized the device’s privacy and security architecture, including on-device processing and data redaction features, the company said the system has not yet undergone third-party security audits or independent certification. However, Vertu told TechCrunch that independent audits and certification remain on its security roadmap “as an explicit next-stage commitment,” adding that it would “communicate the progress and the results publicly” once the product matures further. The Alphafold is powered by Qualcomm’s Snapdragon 8 Gen 4 processor and features an 8.05-inch foldable display alongside a 6.53-inch outer screen, a 6,500mAh battery, and satellite communication capabilities. The device also includes a triple rear camera setup with 50-megapixel primary and ultrawide cameras, as well as a 5-megapixel telephoto lens. Vertu said the phone’s hinge uses metal, titanium, and carbon-fiber components and is rated for up to 650,000 folds. The Alphafold is not Vertu’s first attempt to combine AI with foldable devices. The company last yearintroduced Agent Q, a clamshell-style foldable smartphone focused on AI-driven automation and productivity features. However, Ma told TechCrunch that Alphafold represents a significant step forward from Agent Q, arguing that AI-agent technology has matured rapidly over the past year, with improvements in memory, automation and app integration. Foldable smartphones remain a niche segment globally despite years of investment by major manufacturers including Samsung and Huawei. As many as 20 million foldable smartphones were shipped globally in 2025, accounting for less than 2% of total smartphone shipments, according to IDC data shared with TechCrunch. The research firm said foldables sold at an average price of about $1,300 last year — roughly three times the price of non-foldable smartphones. Kiranjeet Kaur, associate research director for mobile phones research at IDC, said foldables could eventually benefit from AI-agent workflows because their larger displays are better suited for multitasking and productivity-oriented experiences. She, however, added that enterprise AI adoption on smartphones still lags behind computers, and that most enterprise smartphone decisions continue to be driven by ecosystem integration and device management support rather than AI capabilities. The first 115-unit batch of Vertu’s Alphafold begins shipping this week across major markets including the U.S.

29 days ago

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OpenAI’s New Tax AI Tool Processed 7,000 Returns With ‘Up to 97% Accuracy’

OpenAI’s New Tax AI Tool Processed 7,000 Returns With ‘Up to 97% Accuracy’

Co-developed with Thrive Holdings, the Codex-powered tool uses a three-step loop to continuously improve tax-preparation workflows.

29 days ago

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OpenAI Commits $250 Million to Prepare Economies for AI-Driven Job Disruption

OpenAI Commits $250 Million to Prepare Economies for AI-Driven Job Disruption

The funding will support research, labour-transition programmes, and economic policy experiments focused on managing the long-term effects of advanced AI systems on jobs, wages, and wealth distribution.

29 days ago

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Cognizant, Travelport Partner With Anthropic To Build AI-Powered Travel Infrastructure

Cognizant, Travelport Partner With Anthropic To Build AI-Powered Travel Infrastructure

The collaboration aims to bridge the gap between AI-powered travel planning tools and legacy booking systems that still rely heavily on manual workflows and human agents.

29 days ago

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