Nexus isn’t going all in on AI, keeping half of its new $700M fund for India startups
Venture capital firm Nexus Venture Partners announced a new $700 million fund, strategically balancing investments between the booming field of artificial intelligence and the rapidly expanding digital economy of India.…
AI finds its way into Apple’s top apps of the year
Apple on Thursday revealed its annual App Store Award winners, recognizing exceptional applications and games released in the past year. The selections highlight innovation and user experience across Apple’s platforms,…
Netflix to buy Warner Bros film and streaming businesses
In a landmark deal reshaping the entertainment landscape, Netflix has agreed to acquire the film and streaming assets of Warner Bros Discovery for $72 billion. The agreement, announced Friday, positions…
EU investigating Meta over policy change that bans rival AI chatbots from WhatsApp
The European Commission has launched a formal antitrust investigation into Meta, focusing on the company’s recent policy changes regarding AI chatbots on WhatsApp. The investigation, announced Thursday, centers on concerns…
Anthropic signs $200M deal to bring its LLMs to Snowflake’s customers
AI adoption within enterprises continues to accelerate, and a new partnership between Anthropic and Snowflake demonstrates this trend. The two companies announced a $200 million, multi-year deal on Wednesday to…
Spotify says Wrapped 2025 is its biggest yet, with 200M+ users in its first day
Spotify’s annual Spotify Wrapped feature experienced a record-breaking launch this year, with over 200 million users engaging with the personalized listening summaries within the first 24 hours. This represents a…
Meta reportedly plans to slash Metaverse budget by up to 30%
Meta Platforms is reportedly considering significant cuts to its Metaverse division, potentially reducing its budget by as much as 30%, according to sources familiar with the matter. The proposed restructuring…