Companies News & Updates

The Wikimedia Foundation has formed partnerships with several AI tech companies to reuse and distribute Wikipedia content via its commercial product, Wikimedia Enterprise.

Chai Discovery, an AI startup, partners with Eli Lilly to accelerate the development of new medicines using its software. Chai's algorithm, Chai-2, aims to streamline the process of developing molecules. The partnership is expected to help companies develop innovative medicines and bring them to clinical trials faster.

Runpod, an AI app hosting platform, has reached a $120 million annual revenue run rate, according to its founders Zhen Lu and Pardeep Singh. The company initially bootstrapped and later raised a $20 million seed round.

WhatsApp is granting a 90-day grace period to developers, excluding users with Brazilian phone numbers from the new policy. This exemption was prompted by regulatory concerns and ongoing investigations.

Microsoft, Meta, Amazon, and AI companies Perplexity and Mistral AI have joined Google in paying for access to Wikipedia's API, enabling commercial use and AI support.

Apple selects Google's Gemini AI to power its upcoming Siri upgrade, a multi-year partnership announced in 2026.

Skild AI secured $1.4B, tripling its valuation, and other AI and robotics startups also received significant funding.

Elon Musk's lawsuit against OpenAI claims that the company abandoned its original nonprofit mission and prioritized profits over safety. The case is headed to a jury trial in April 2024, with unsealed evidence revealing tensions between OpenAI's leaders and Musk's concerns about the company's commercialization.

Anthropic appoints ex-Microsoft India managing director Irina Ghose to lead its India business as the US AI startup prepares to open an office in Bengaluru.

OpenAI has invested in neurotech startup Merge Labs, cofounded by Sam Altman, to develop brain-computer interface technology.

Thinking Machines Lab, a startup co-founded by former OpenAI executive Mira Murati, is losing two co-founders, including CTO Barret Zoph, to a return to OpenAI.

Bandcamp has become the first major music platform to ban AI-generated content, restricting the use of uploaded content for training AI models as well.

Tegaki, a new Japanese social media platform, bans AI-generated images and allows creators to authenticate their work as hand-drawn.

Anthropic has appointed Irina Ghose as Managing Director of India, as the company prepares to open its first office in Bengaluru.

Cloudflare acquired Human Native, a UK-based AI data marketplace, to improve its AI data offerings and help developers create better AI models.

Anthropic's internal incubator, Labs, is expanding with Mike Krieger taking on a new role to co-lead the team. The company aims to double the number of team members within six months.

Meta is closing down three VR studios, including Twisted Pixel Games, Sanzaru Games, and Armature Studio, as part of a broader effort to shift investment from the metaverse to wearables.

TSMC reported record fourth-quarter earnings and expects AI chip demand to continue for years, despite fears of an AI bubble.