Startups2 min read
China orders Meta to unwind $2 billion buy of AI startup Manus
China's economic planner has blocked Meta's $2 billion acquisition of AI startup Manus, citing foreign investment restrictions.
Read on Economic Times Tech →Gumloop secured $50M from Benchmark to develop an intuitive AI agent builder, aiming to empower every employee with AI capabilities and accelerate enterprise AI adoption.
Why it matters
This significant funding round underscores the growing investor confidence in tools that democratize AI development within enterprises. By empowering non-technical employees to build custom AI agents, Gumloop could dramatically accelerate AI adoption, foster innovation across various business functions, and potentially redefine workplace productivity and efficiency at scale.
An AI startup called Gumloop just raised $50 million to build an easy-to-use tool that lets any employee, not just tech experts, create their own AI assistants. The idea is to make AI more accessible throughout companies, helping them use AI faster and boost overall productivity.
China's economic planner has blocked Meta's $2 billion acquisition of AI startup Manus, citing foreign investment restrictions.
Read on Economic Times Tech →Digital platforms and brands are increasingly building their own AI-led digital storefronts, as highlighted by Lalit Keshre's recent ET Awards win.
Read on Economic Times Tech →RateGain Travel Technologies, an Indian company, won the Emerging Company of the Year award, driven by its AI-powered growth in the travel tech sector.
Read on Economic Times Tech →