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ONGC to Launch ₹200 Crore AIF for Energy, AI Startups
The proposed alternative investment fund would double ONGC venture capital commitment and expand its mandate to include artificial intelligence.
NN Desk
AI Boom Sparks Record Growth as Global Insurtech Funding Hits $1.63B
Global insurtech funding held strong at $1.63 billion in the first quarter of 2026. AI-focused companies captured a record 95.2% of all capital deployed. The sector is now moving beyond simple digitization toward a new frontier.
Checkstep Raises £3M to Scale AI Content Moderation Globally
Checkstep raises £3 million led by Alea Capital Partners to scale its AI-powered content moderation platform across the EU, US, and beyond.
xAI’s Grok Skills Feature Could Automate Complex AI Workflows
The capability, still under development with its feature flag off, would let users build modular instruction sets for automated workflows, including scheduled news briefings.
Infinigence AI Secures $102.9M Funding for China’s Token Economy
China's Infinigence AI raised $102.9 million in fresh funding, pushing its total to $323.3 million. The Tsinghua-backed firm now leads AI-native infrastructure in China.
AI Legal Startup Moritz AI Raises $9M Seed Funding
San Francisco startup Moritz raised $9M in seed funding led by Y Combinator and 20VC to build a faster, cheaper AI-native law firm for businesses.
OpenAI Appoints The Trade Desk’s Samantha Jacobson as Monetization Lead
Samantha Jacobson, Chief Strategy Officer at The Trade Desk, is set to join OpenAI to lead monetization efforts, according to a report by Adweek. Her exact title and start date at OpenAI were not disclosed at the time of publication.
Telangana to Replace Traditional Coursework with AI and Skills Training in New Minority Colleges
The Telangana government also plans to introduce scholarship incentives and mentorship support for minority students, though implementation details and funding have not yet been announced.
Isomorphic Labs Seeks Over $2 Billion in New Funding Round
Thrive Capital and Alphabet are expected to back a major new financing round for Isomorphic Labs as interest in AI-powered drug discovery continues to grow.
Legal Tech Startup BrentWorks Launches AI Citation Verification Tool
New platform, CiteSentinel, aims to help lawyers detect fabricated or inaccurate legal citations generated by AI systems before they reach the courtroom.
