
Backed by Mayfield and Aramco Ventures, Vishal Sikka’s new venture brings together veterans from SAP, Infosys, and VianAI.
A former CEO of a major Indian IT services firm has launched a new startup that uses AI to help enterprises build and maintain software, rather than relying on traditional outsourced IT services work. The startup raised $32 million in seed funding and already has customers, positioning itself differently from traditional IT services firms that scale by hiring more people. This launch reflects an ongoing debate in the industry about whether AI will expand the market for enterprise software services or fundamentally disrupt how that work gets done, with traditional IT services firms themselves racing to adapt by partnering with AI companies.

Indie movie fans are upset about Google DeepMind’s $75 million investment in the studio, which comes as AI companies are deepening their influence in Hollywood.

Top AI researchers Jonas Adler and Alexander Pritzel are leaving Google for Anthropic, following departures from top scientists Noam Shazeer and John Jumper.

Reservoir VC backs pre-seed founders in robotics, autonomy, precision tools, and AI-enabled software for specialty crops. | Credit: Reservoir In its first-ever corporate acquisition, investment firm Reservoir Co. has purchased agriculture finance and data platform Contain Inc. It has appointed the Reno, Nev.-based company’s founder, Nicola Kerslake, as a general partner. Kerslake will chair Reservoir VC’s investment committee and oversee its underwriting functions as the firm expand
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