Peak XV ups Surge seed investment ceiling to $5M, unveils 18-startup cohort
Thirteen of the 18 startups in Peak XV’s latest Surge cohort are targeting global markets, while more than half are based in India.
AI
AMD is acquiring AI company World Labs in a deal worth more than $8 billion
AMD announced today that it’s acquiring World Labs, an AI research lab co-founded by the prominent researcher Dr. Fei-Fei Li, in an all-stock deal worth approximately $8.2 billion. World Labs launched in 2024 and was valued at $1 billion in a matter of months. The startup launched its first commercial product, a world generation model […]
Source: Inference provider Modal Labs closing in on $750M round at $15.75B valuation
The new financing is expected to more than triples the AI infrastructure startup’s valuation from just four months ago.
AMD will acquire Fei-Fei Li’s World Labs for $8.2 billion
The acquisition will see World Labs founder Fei-Fei Li join AMD as executive vice president and chief scientist.
OpenAI’s AI agents need to catch up
OpenAI popularized the modern generative AI chatbot, but as its 2026 DevDay event approaches, it’s fallen behind in one of the industry’s hottest categories: continuously running, consumer-facing AI agents. On Tuesday, it will likely try to capture the lead in that race. Rumors abound that OpenAI will release its own AI agent, dubbed Aeon – […]
Nvidia launches new platform for reining in rogue AI agents
As the debate rages over whether the recent spate of rogue AI agents is a step toward AGI or a more conventional engineering problem, Nvidia is offering its own answer to problem. Nvidia CEO Jensen Huang on Monday introduced a toolkit of software and hardware products that add independent security layers around AI agents to […]
AI is supercharging hacking, and your local hospitals and banks aren’t ready
In March, Janice Malone began getting calls about suspicious activity from her nonprofit organization, Vivian’s Door. Vivian’s Door, headquartered in Alabama, typically provided training, resources, and community to underserved and minority-owned businesses. The work sometimes put it in close contact with these companies’ financial data, which was stored on its systems. But suddenly, concerned callers […]
