AI & RoboticsNews

Khosla’s Keith Rabois backs Comp, which wants to bolster HR teams with AI

After graduating from Cornell University, Christophe Gerlach spent nearly two years investing exclusively in HR tech startups for General Atlantic. Investing was exciting, but Gerlach was yearning to get back into entrepreneurship. While at Cornell, Gerlach (pictured above, right) built and sold a food delivery startup alongside classmate Pedro Bobrow (pictured above, left), a Brazilian native.
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AI & RoboticsNews

Canva acquires startups working on animation and marketing

On Monday, creative suite maker Canva announced the dual acquisition of startups Cavalry, which works on animation, and MangoAI, which works on improving ad performance. U.K.-based Cavalry works on 2D motion animation for different verticals such as advertising, marketing, gaming, and generative art. Canva said that Cavalry’s tooling will add to the existing capabilities of Affinity…
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AI & RoboticsNews

All the important news from the ongoing India AI Impact Summit

With an eye toward luring more AI investment to the country, India is hosting a four-day AI Impact Summit this week that will be attended by executives from major AI labs and Big Tech, including OpenAI, Anthropic, Nvidia, Microsoft, Google, and Cloudflare, as well as heads of state. The event, which expects 250,000 visitors, will see Alphabet CEO Sundar Pichai, OpenAI CEO Sam Altman, Anthropic CEO…
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AI & RoboticsNews

Peak XV raises $1.3B, doubles down on AI as global VC rivalry in India heats up

Peak XV announced on Friday that it has raised $1.3 billion across new India and Asia-focused funds. The firm, which now manages more than $10 billion in assets, is sharpening its focus on artificial intelligence and cross-border bets amid intensifying competition for deals in the region. The capital will be deployed across its India seed and venture funds as well as its APAC vehicle. A majority…
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