Inside Openai’s $1 Trillion Expansion Plan: Is 5 Years Enough?

OpenAI's annual revenue is $13 billion and would need just about $1000 billion to solidify its computer systems and infrastructure. Deals, debt, data centres and...

Koo Cofounder Mayank Bidawatka Launches AI Photo Sharing App ‘PicSee’

Koo cofounder Mayank Bidawatka has launched PicSee, an AI-powered mutual photo-sharing app, available now on Google Play and Apple App Store. The app is built by his new company, Billion Hearts Software Technologies, and aims to make photo sharing easy, private, and automatic. A New Way to Share Photos PicSee

Apple Exec Jumps Ship to Meta Amid Intensifying AI Talent War

According to Bloomberg News on 15 October, which cited sources with knowledge of the situation, Apple's Ke Yang, the recently hired CEO spearheading an initiative to create an AI-driven online search similar to ChatGPT, is leaving to join Meta. According to the story, Yang was only a few

Razorpay Reports 65% Surge in FY25 Revenue, Expands Global Fintech Footprint

Razorpay posted a 65% revenue rise to INR 3,783 crore in FY25, led by growth across payments, banking, and international operations, while reporting a one-time loss due to restructuring.

Graph AI Secures $3 Million Seed Funding from Bessemer Venture Partners

Graph AI, a California-based AI life sciences company focused on patient safety and pharmacovigilance, has raised $3 million in seed funding, led by Bessemer Venture Partners (BVP). The investment will enable Graph AI to accelerate product innovation, expand its engineering team, and drive global market adoption. Graph AI is part

FireAI Raises ₹4 Crore Seed Funding Led by Inflection Point Ventures

AI-powered business intelligence startup FireAI has raised INR 4 crore in a seed funding round led by Inflection Point Ventures (IPV). The capital will be channelled towards product development and key innovations such as Causal Chain, Text-to-SQL capabilities, and its proprietary ETL tool to enhance scalability, speed, and user experience.

Google’s Andhra Investment a ‘Historic Loss’ for Karnataka, Says JD(S)

The ruling Congress government in Karnataka has come under fire from opposition parties after Andhra Pradesh and Google inked a Memorandum of Understanding (MoU) on October 14 to build a top-notch AI data centre in Visakhapatnam. More than one lakh jobs are anticipated to be created by the $15 billion

Ahmedabad Recommended to Host 2030 Commonwealth Games, Marking India’s Big Sporting Leap

Ahmedabad has been recommended as the host city for the 2030 Centenary Commonwealth Games, marking India’s return to hosting the event after 20 years and boosting its 2036 Olympic bid.

Galeries Lafayette to Open First Luxury Store in Mumbai with Aditya Birla Group

French luxury department store Galeries Lafayette is making its India debut with a flagship store in Mumbai, in partnership with Aditya Birla Fashion and Retail Ltd (ABFRL). Set to open in early November, the store marks a major step in India’s luxury retail expansion, with Delhi next in line.

Is the Internet Dead? Alexis Ohanian on What’s Wrong With the Internet

The internet will soon verify if the users are, in fact, humans. Here's why?

Did Mackenzie Scott Sell $58 Million Amazon Shares?

Reports suggest that MacKenzie Scott now owns 42% fewer shares. What’s her stake in Amazon now?

Daily Indian Funding Roundup & Key News – 15th October 2025: RARA Barefoot Raises $500K, Everbright Health Secures $7 Mn, Amazon Layoffs & More

India’s startup and corporate ecosystem saw notable developments on 15th October 2025. Startups like RARA Barefoot, Everbright Health, Consuma, Fragaria Fruits, Flowatt Battery Science, and Matters.AI secured pre-seed and seed funding to expand operations and scale technology. On the corporate front, Amazon announced up to 15% HR layoffs,

TIPS Music Reports 15% Revenue Growth in H1 FY26, Declares ₹4 Interim Dividend

TIPS Music Ltd (formerly Tips Industries Ltd.), one of India’s leading music labels, reported a strong performance for the quarter ended 30 September 2025, with continued double-digit growth. The company recorded a 15% year-on-year increase in revenue and an 8% rise in profit after tax (PAT) for the first

OpenAI to Allow Erotic Content on ChatGPT for Verified Adults...

After a teen tragedy and FTC probe, OpenAI is now redefining ChatGPT’s Rules. But how will it keep you safe from...

Fragaria Fruits Secures $2 Million in Seed Funding Led by WEH Ventures to Transform India’s Premium Fruit Market

Fragaria Fruits, a high-tech farming company, has raised $2 million in seed funding and project finance to expand its vision of revolutionising the fruit-eating experience in India. The round was led by WEH Ventures, with participation from Rainmatter, Spiral Ventures, and angel investors such as Sashi Kumar, CEO of Akshayakalpa

Matters.AI Raises ₹55 Crore Seed Funding Co-Led by Kalaari Capital and Endiya Partners to Launch Bharat’s First AI Security Engineer

Matters.AI, an AI-native data security company built in Bharat, today announced an INR 55 Crore fundraise to pioneer a new class of system: the AI Security Engineer. Unlike traditional security platforms that merely monitor or alert, the AI Security Engineer is a self-learning system that understands how sensitive data

Rapido Expands App Services to Include Flight, Hotel, Bus and Train Bookings via Partner Integrations

For booking flights, buses, trains, and hotels, Rapido has partnered with Goibibo, owned by MakeMyTrip; ConfirmTkt, owned by ixigo; and redBus. Rapido aims to become a one-stop travel app, offering its 5 Cr active users from more than 400 cities nationwide a smooth mobility experience. Prior to a possible initial

Ola Electric Shares Surge Amid Reports of Expansion Plans in Energy Segment

On October 15, Ola Electric shares are anticipated to be the subject of attention due to signs that the firm plans to enter the energy sector in addition to its primary electric vehicle business. Ola Electric, the largest pure-play EV firm in India, said in an official statement that it

Diwali Muhurat Trading 2025: Date, Timings, Rules, and All You Need to Know

Meet the market of luck on October 21. Can one hour bring prosperity? Here's what to expect...

L&T Semiconductor Partners with Foxconn to Develop High-Voltage Semiconductor Wafers

According to reports, L&T Semiconductor Technologies and Hon Young Semiconductor, a subsidiary of contract maker Foxconn, inked a long-term agreement on 14 October to collaborate on the development of high-voltage semiconductor wafers. According to the Economic Times, the two businesses would create wafers for industrial and automotive applications

Alakh Pandey's PhysicsWallah and IDP Sign MoU to Support Students’ Global Education Aspirations with IELTS

PhysicsWallah (PW), the education platform founded by Alakh Pandey and Prateek Maheshwari, has signed a Memorandum of Understanding (MoU) with IDP Education India (“IDP”), co-owner of IELTS and India’s sole provider of the test, to bring global opportunities closer to students. Under this collaboration, PW students will gain access

Consuma Secures $1.3 Million Funding Led by Equirus InnovateX Fund to Transform Consumer Research with AI

Consuma, an AI startup redefining traditional research methods such as surveys and focus groups, has raised $1.3 million (INR 11.16 Crore) in seed funding, led by Equirus InnovateX Fund. The round also saw participation from prominent angel investors, including Abhishek Goyal (Tracxn), Mekin Maheshwari (Flipkart), Bhavik Dholakia (Swatantra

Amazon to Slash Up to 15% of HR Staff in Major Layoff Plan

Amazon is preparing for a significant wave of layoffs once more. According to reports, the firm is planning to lay off up to 15% of the employees in its human resources department, which is internally referred to as the People eXperience and Technology (PXT) team. The HR department will be

Oracle’s Larry Ellison Emerges as the Biggest Winner of the 2025 AI Boom

In 2025, Larry Ellison, co-founder and chairman of Oracle Corporation, has emerged as the biggest winner from the ongoing AI revolution. As companies worldwide expand their artificial intelligence capabilities, Oracle has become a key provider of the cloud and computing infrastructure powering these AI systems. Thanks to a series of