10th Indian Delegation to Dubai, Gitex & Expand North Star – World’s Largest Startup Investor Connect
AI

DeepSeek reopens access to its API after three-week pause

On Tuesday, the company began allowing customers to top up credits for use on its API, which lets developers build apps and services on top of cloud-hosted versions of DeepSeek’s AI. Server resources remain strained during the daytime, however, a representative for the company cautioned in a WeChat message seen by Bloomberg.

DeepSeek rose to prominence earlier this year following the release of its openly available R1 “reasoning” model, which matches or bests the performance of some of OpenAI’s top models. DeepSeek’s competitiveness has promptedOpenAI to consider open sourcing more of its technology and “pull up” certain product releases.

As Bloomberg notes, DeepSeek’s domestic rivals are ramping up production of their models, as well. The same day DeepSeek resumed API top-ups, Chinese tech giant Alibaba launched a preview of its latest reasoning AI model, QwQ-Max, which the company plans to open source.

Source Link

AI
by The Economic Times

IBM said Tuesday that it planned to cut thousands of workers as it shifts its focus to higher-growth businesses in artificial intelligence consulting and software. The company did not specify how many workers would be affected, but said in a statement the layoffs would “impact a low single-digit percentage of our global workforce.” The company had 270,000 employees at the end of last year. The number of workers in the United States is expected to remain flat despite some cuts, a spokesperson added in the statement. A massive supplier of technology to… Source link

AI
by The Economic Times

The number of Indian startups entering famed US accelerator and investor Y Combinator’s startup programme might have dwindled to just one in 2025, down from the high of 2021, when 64 were selected. But not so for Indian investors, who are queuing up to find the next big thing in AI by relying on shortlists made by YC to help them filter their investments. In 2025, Indian investors have invested in close to 10 Y Combinator (YC) AI startups in the US. These include Tesora AI, CodeAnt, Alter AI and Frizzle, all with Indian-origin founders but based in… Source link

by Techcrunch

Lovable, the Stockholm-based AI coding platform, is closing in on 8 million users, CEO Anton Osika told this editor during a sit-down on Monday, a major jump from the 2.3 million active users number the company shared in July. Osika said the company — which was founded almost exactly one year ago — is also seeing “100,000 new products built on Lovable every single day.” Source link