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Tech resilience, breakout startups, and banking reinvented: The big conversations at StrictlyVC London in May

StrictlyVC is heading to London on May 13, uniting top investors and entrepreneurs to spark meaningful connections and drive forward innovation. We’re thrilled to welcome industry leaders like Nazo Moosa, general partner at Paladin Capital Group; Sonali De Rycker, partner at Accel; and TS Anil, CEO of Monzo Bank, to the stage. Paladin is proud...

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Flipkart to relocate HQ to India ahead of IPO

Flipkart, the Walmart-owned Indian e-commerce startup that closely fights Amazon in the South Asian market, is preparing to shift its headquarters back to India from Singapore as the company prepares to file for an IPO on Indian stock exchanges. On Monday, Flipkart said the move “represents a natural evolution, aligning our holding structure with our...

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ChatGPT search is growing quickly in Europe, OpenAI data suggests

ChatGPT search, OpenAI’s feature within ChatGPT that allows the chatbot to access and incorporate up-to-date information from the web into its responses, is growing at a fast clip in Europe. A report filed by one of OpenAI’s EU corporate divisions, OpenAI Ireland Limited, reveals ChatGPT search had roughly 41.3 million average monthly active “recipients” for...

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Tomorrow: Join Ali Ghodsi and Dario Amodei for a fireside chat

Join this free virtual event, featuring Ali Ghodsi, the trailblazing co-founder and CEO of Databricks, alongside Dario Amodei, the pioneering co-founder and CEO of Anthropic. Uncover how their revolutionary collaboration is poised to fast-track the advancement of domain-specific AI agents. Not only will you experience an engaging exchange between the visionary leaders of two AI...

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Palantir exec defends company’s immigration surveillance work

One of the founders of startup accelerator Y Combinator offered unsparing criticism this weekend of the controversial data analytics company Palantir, leading a company executive to offer an extensive defense of Palantir’s work. The back-and-forth came after federal filings showed that U.S. Immigration and Customs Enforcement (ICE) — tasked with carrying out the Trump administration’s...

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Uncovered emails showed how Meta struggled to keep Facebook culturally relevant

With the first week of Meta’s antitrust trial behind us, documents shared by the U.S Federal Trade Commission (FTC) offered more insight into Meta’s internal struggles to keep Facebook relevant. In emails from 2022, Meta executives mulled different visions for Facebook’s future to boost its success, acknowledging that its cultural relevance was decreasing.  Fast-forward to...

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Your politeness could be costly for OpenAI

“I wonder how much money OpenAI has lost in electricity costs from people saying ‘please’ and ‘thank you’ to their models.” It was a seemingly random question posed by a user on X (formerly Twitter), but OpenAI CEO Sam Altman jumped in to reply that typing those words has added up to “tens of millions...

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Kids sure love video game movies

“A Minecraft Movie” isn’t just a hit — after three weekends in theaters, the film is estimated to have grossed $344 million domestically and $720 million worldwide. That makes it the biggest movie of an admittedly underwhelming year at the box office (so far), and the second biggest video game movie of all time. Coming...