Peak XV raises $1.3B, doubles down on AI as global VC rivalry in India heats up
Peak XV says most of its new capital will target India as the firm prioritizes AI, fintech and cross-border bets while navigating recent partner departures.
Peak XV says most of its new capital will target India as the firm prioritizes AI, fintech and cross-border bets while navigating recent partner departures.
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The technology promises to replace several parts of the grid with one device that’s both controllable and updatable.
The company said on Friday that users between 18 and 24 years of age account for nearly 50% of all messages sent by Indians to ChatGPT, and users under 30 account for 80% of usage in the country.
Many employees have come and gone since OpenAI first launched a decade ago, and some have launched startups of their own. Among these, some have become top rivals (like Anthropic), while others, just on investor interest alone, have managed to raise billions without even launching a product.
Abu Dhabi-based tech company G42 has partnered with U.S.-based chipmaker Cerebras to deploy 8 exaflops of compute through a new system in India.
The pledge marks a sharp jump from General Catalyst's earlier $500 million–$1 billion India earmark.
Google said it prevented 1.75 million bad apps from going live on Google Play during 2025, a figure that's down from previous years.
Redwood Materials says its new energy storage business is the fastest growing unit within the company.
The CEOs of Read AI and Lucidya told TechCrunch at Web Summit Qatar that they see AI tools replacing tasks, rather than workers.
YouTube is testing conversational AI on smart TVs, allowing viewers to ask the assistant questions related to the video they're watching on the big screen.
The robots will be unloading totes full of auto parts from an automated warehouse tugger.
Reporter Zoë Bernard spent months talking to 51 people (31 of them gay men) to map out a subculture that's been an open secret in Silicon Valley for years: gay men, at the upper echelons of tech, quietly raising up their own networks the way powerful people have always done.
Elon Musk's company town already has a volunteer fire department, and is forming a Starbase Police Department. Now it wants its own court, too.
Split View, PDF annotations and 'Save to Chrome' features come to the Chrome browser.
A small group of users in the U.S. will start to see search results that include interactive product carousels with pricing, images, and direct where-to-buy links.
The move comes a few months after Meta shut down Messenger’s standalone desktop apps for Windows and Mac.
The governor of New York pulled a robotaxi expansion proposal that was viewed as a win for Waymo.
Meta's CEO was questioned over the addictive nature of its social media apps like Instagram, and other teen harms.
If completed, the project would be among the largest and most expensive natural gas power plants.
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