General Catalyst commits $5B to India over five years

General Catalyst commits $5B to India over five years

General Catalyst, a Silicon Valley-based venture firm with more than $43 billion in assets under management, has announced it plans to invest $5 billion in India over the next five years, sharply expanding its push into the country’s startup ecosystem less than two years after merging with local venture firm Venture Highway. The commitment, unveiled…

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OpenAI deepens India push with Pine Labs fintech partnership

OpenAI deepens India push with Pine Labs fintech partnership

As India pitches itself as a global hub for applied artificial intelligence, OpenAI has partnered with Pine Labs to integrate AI-driven reasoning into the fintech firm’s payments stack, automating settlement and invoicing workflows in a move the companies say could help accelerate AI-led commerce in India. The partnership will see Pine Labs embed OpenAI’s application…

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Audible’s new ‘Read & Listen’ feature syncs your Kindle ebooks with audiobooks

Audible’s new ‘Read & Listen’ feature syncs your Kindle ebooks with audiobooks

Only days after Spotify announced its foray into physical book sales, which included an audiobook feature that lets you sync your listening and your offline reading progress, Amazon-owned Audible has launched a feature that brings ebooks together with audiobooks. The company announced on Wednesday an “immersion reading” feature in the Audible app, which allows readers…

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U.S. court bars OpenAI from using ‘Cameo’

U.S. court bars OpenAI from using ‘Cameo’

A federal district court in Northern California ruled in favor of Cameo, a platform that allows users to get personalized video messages from celebrities, and ordered OpenAI to stop using “Cameo” in its products and features. OpenAI was using the “Cameo” name for its AI-powered video generation app Sora 2. Users could use that feature…

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