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23-Year-Old Duo Exited Amazon And Microsoft To Build AI Startup, Raised $4 million

Internet

Internet · 1m ago

23-Year-Old Duo Exited Amazon And Microsoft To Build AI Startup, Raised $4 million

23-Year-Old Duo Exited Amazon And Microsoft To Build AI Startup, Raised $4 millionBluejay focuses on testing AI voice and text agents using synthetic customers to identify weaknesses. Two 23-year-old engineers, Rohan Vasishth and Faraz Siddiqi, left their jobs at Amazon and Microsoft respectively, to build an AI quality assurance startup, which raised $4 million in seed funding within months, according to Business Insider. The cofounders, Vasishth and Siddiqi, exited Big Tech and graduated from the spring 2025 batch of Y Combinator, a startup accelerator. Their San Francisco-based start-up, Bluejay, focuses on testing AI voice and text agents using synthetic customers to identify weaknesses. Their platform simulates real-world interactions with varied accents, languages, background noise, and personalities.

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Amazon to invest $4B (Rs. 32000 cr) in OpenAI rival Athropic.

Economic Times

Economic Times · 2y ago

Amazon to invest $4B (Rs. 32000 cr) in OpenAI rival Athropic.

Amazon is investing up to $4 billion in the AI startup Anthropic to compete in the growing AI cloud industry. Employees and cloud customers will have early access to Anthropic's technology, and the startup will primarily use Amazon's cloud services. This move allows Amazon to keep up with rivals Microsoft and Google, which have invested heavily in AI startups. Anthropic will also collaborate with Amazon on developing technology for the company's in-house AI chips. The partnership aims to drive enterprise usage and offer customers a broad range of AI models through Amazon's cloud services.

Amazon pours another $4B into Anthropic, OpenAI’s biggest rival

Arstechnica

Arstechnica · 10m ago

Amazon pours another $4B into Anthropic, OpenAI’s biggest rival

Amazon has increased its investment in AI startup Anthropic by $4 billion, making its total stake $8 billion. This investment enables Anthropic to use Amazon's custom-built Trainium and Inferentia chips for training and deploying its foundation models. Anthropic has also been assisting Amazon in developing a new version of its Alexa AI assistant based on Anthropic's Claude AI language model. The UK Competition and Markets Authority cleared the partnership between Amazon and Anthropic, allowing it to continue. This investment reflects the intense competition between cloud providers Amazon, Microsoft, and Google in the AI market.

Robot startup Figure raises $675 mn from Microsoft, Bezos, others

Inshorts · 1y ago

Robot startup Figure raises $675 mn from Microsoft, Bezos, others

Humanoid robot startup Figure AI has raised $675 million from investors including Amazon Founder Jeff Bezos and Microsoft at a $2.6 billion valuation. The US-based startup's funding round also involved OpenAI, NVIDIA, Intel and ARK Invest. Bloomberg reported last week that Bezos' Explore Investments was committing $100 million to the startup, while Microsoft was investing $95 million.

Did Warburg Pincus meet benchmark returns from five-year-old India PIPE deal?

VCCircle

VCCircle · 1y ago

Did Warburg Pincus meet benchmark returns from five-year-old India PIPE deal?

Warburg Pincus, a leading private equity firm, has exited a five-year-old investment in India. The firm recently made two successful investments and achieved benchmark returns.

US tech titan earnings rise on AI as economy roils - The Economic Times

Economic Times

Economic Times · 2m ago

US tech titan earnings rise on AI as economy roils - The Economic Times

Tech giants Amazon, Apple, Meta, and Microsoft surpassed earnings expectations this quarter, driven by robust AI investments. Microsoft reached a $4 trillion valuation, while Amazon reported a 35% profit increase. Cloud and AI developments propelled Microsoft's Azure growth. Meta's revenue jumped 22%, focusing on AI superintelligence. Apple's earnings were boosted by iPhone sales despite US tariffs. These companies are heavily investing in AI, viewing it as pivotal for business transformation and future growth.

Indian-origin CEO defends 84-hour work week, says 'It's like a rocket launch'

Inshorts · 10m ago

Indian-origin CEO defends 84-hour work week, says 'It's like a rocket launch'

US-based AI startup Greptile's 23-year-old CEO Daksh Gupta defended 84-hour work week by comparing work to a "rocket launch". "When you have two groups of smart people trying to solve the same problem, one that works harder and is luckier wins," he said. "You can't control luck, but you can control how much time you put in," he added.

Tech companies pledge to ready Americans for an AI-dominated world

The Verge

The Verge · 1m ago

Tech companies pledge to ready Americans for an AI-dominated world

At a White House event on AI education, tech giants like Amazon, Google, and Microsoft committed to preparing Americans for an AI-driven future. Google plans to allocate $150 million of its education fund for AI education and digital wellbeing grants. Microsoft will offer free AI-focused LinkedIn Learning courses to students and teachers, while Amazon aims to train 4 million people in AI skills and support 10,000 educators with AI curricula, pledging $30 million in AWS credits for educational use.

Microsoft offers cloud customers AMD alternative to Nvidia AI processors

Economic Times

Economic Times · 1y ago

Microsoft offers cloud customers AMD alternative to Nvidia AI processors

Microsoft is set to introduce AMD artificial intelligence chips as an alternative to Nvidia's components at its Build developer conference. The company will sell clusters of AMD's MI300X AI chips through its Azure cloud computing service, offering customers an alternative to Nvidia's H100 family of powerful GPUs. AMD's chips are capable of training and running large AI models, and are expected to generate $4 billion in revenue this year. Microsoft will also preview its Cobalt 100 custom processors, which provide a 40% performance increase compared to other Arm-based processors.

Amazon, Databricks strike five-year deal around AI chips

Livemint

Livemint · 1y ago

Amazon, Databricks strike five-year deal around AI chips

Amazon and startup Databricks have formed a five-year deal aimed at reducing costs for businesses looking to build their own AI capabilities. Under the agreement, Databricks will utilize Amazon's Trainium AI chips to power services that enable companies to customize or build their own AI models. The deal signifies Amazon's positioning as a neutral provider of AI technology, while Databricks aims to leverage Amazon's AI chips to offer faster and cheaper AI capabilities to businesses. The financial terms of the agreement were not disclosed.

Inflection's implosion and ChatGPT's stall reveal AI's consumer problem

Business Insider

Business Insider · 1y ago

Inflection's implosion and ChatGPT's stall reveal AI's consumer problem

Inflection AI, a startup that raised $1 billion last year at a $4 billion valuation, is exiting its consumer chatbot business less than a year after launching. The startup's main product, Pi, an AI chatbot for emotional support and advice, failed to gain significant traction with just 1 million daily average users. This highlights the challenges faced by consumer-facing AI technology, as it struggles to generate revenue and compete with internet giants like Google and Meta. Even the successful ChatGPT has seen a stagnation in monthly visits since its launch in November 2022. Meanwhile, OpenAI is shifting its focus towards enterprise businesses and leveraging its partnership with Microsoft.

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