AI & RoboticsNews

Nandan Nilekani leaves GP role at Fundamentum as it launches $200M third fund

Nandan Nilekani, co-founder of Indian IT services giant Infosys, will no longer serve as a general partner at Fundamentum Partnership, the venture capital firm he co-founded nearly a decade ago. Nilekani (pictured above) will be stepping down from his role as Fundamentum launches its third fund, targeting to raise about $200 million. He will be the fund’s anchor investor, and continue advising…
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AI & RoboticsNews

Hot French startup ZML releases free product to speed inference across lots of AI chips

The days of Nvidia’s unparalleled market dominance aren’t over, but challengers and choices are arising from all directions. ZML, a hot French AI startup endorsed by Turing Award winner Yann LeCun, has released inference-performance software that allows a variety of open source large language models to run on a variety of chips – including Nvidia’s, AMD’s, Google’s TPU, Apple Metal…
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AI & RoboticsNews

Claude Cowork expands to mobile and web

Claude Cowork – Anthropic’s Claude Code-style agent for general knowledge work – is coming to your phone. Claude Cowork launched as a desktop app in January, but starting Tuesday it is available on web and mobile for Max subscribers. With the update, users can start a…
AI & RoboticsNews

Savi’s app aims to protect consumers from realistic AI scams like kidnappers demanding ransom

Brothers Patrick and Ryan Coughlin, each with impressive careers in the tech industry (Patrick worked in national cyber defense, and at Splunk and Cisco; and Ryan with consumer products at Apple and Spotify), have launched a new kind of security startup. Savi Security seeks to protect everyday folks from the new crop of incredibly convincing AI-generated scams, whether they’re routed via text…
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AI & RoboticsNews

Microsoft lays off nearly 5,000 employees across Xbox, commercial sales

Microsoft cut around 4,800 roles, or 2.1% of its global workforce, on Monday – the latest in a series of layoffs that’s stoking fears that AI will replace people at companies. The layoffs will hit Xbox and commercial sales the hardest, with Xbox losing 1,600 staffers today, according to memos shared with Microsoft’s staff. Here’s a snippet from a memo from Amy Coleman, EVP and chief…
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