Author: Art Ryan

Elad Gil started betting on AI before most of the world took notice. By the time investors began grasping the implications of ChatGPT, Gil had already written seed checks to startups like Perplexity, Character.AI, and Harvey. Now, as the early winners of the AI wave become clearer, the renowned “solo” VC is increasingly focused on a fresh opportunity: using AI to reinvent traditional businesses and scale them through roll-ups. The idea is to identify opportunities to buy mature, people-intensive businesses like law firms and other professional services firms, help them scale through AI, then use the improved margins to acquire other such businesses…

Pieter Elbers, CEO of IndiGo, announced the confirmation of additional 30 firm orders for A350 from Airbus on June 1. The airline also shared a MoU with Airbus in New Delhi for the same. The deal was announced at the International Air Transport Association (IATA) 81st Annual General Meeting (AGM), which is taking on place between June 1 and June 3. “By the end year, our 45 aircrafts will have stretch offering. This is not even the full fleet of some airlines,” Elbers said. Last year in April 2024, IndiGo took the strategic decision to induct widebody aircraft in its fleet…

From June 1 to 3, New Delhi is hosting the 81st Annual General Meeting (AGM) of the International Air Transport Association (IATA) along with the World Air Transport Summit (WATS). For the first time in 42 years, this high-profile global aviation event returns to India — a country that has experienced a remarkable aviation boom over the past decade. India’s Aviation Ascent Takes Center Stage The event is organized by IATA, with IndiGo — India’s largest airline — serving as the host airline. Around 1,700 participants are attending, including airline executives, government officials, regulators, and media representatives. Indian Prime Minister Narendra Modi is expected to deliver the keynote address.…

As India hosted the 81st Annual General Meeting (AGM) of the International Air Transport Association (IATA) and the World Air Transport Summit for the first time in 42 years, Pieter Elbers—CEO of IndiGo and Chair of IATA’s Board of Governors—called it a defining moment for the country’s aviation industry. “I put my hand up and basically suggested—why not have India as the host of the 81st IATA AGM?” Elbers shared, reflecting on how the idea was born. His reasoning was clear and compelling: India has emerged as the third-largest domestic aviation market in the world, a position that reflects the…

IndiGo Airlines is proudly flying the flag for gender diversity and industry leadership as it celebrates a groundbreaking milestone—16% of its pilots are women, the highest proportion and absolute number of female pilots in the world. This achievement reflects IndiGo’s enduring commitment to “girl power,” a core value woven into the airline’s culture since its founding 18 years ago. From day one, IndiGo has championed inclusivity, ensuring women have opportunities not just in cabin crew roles, but also as pilots, engineers, and key decision-makers across the organization. “We take great pride in the fact that one out of every seven…

The global aviation industry converges in New Delhi, India today for the 80th Annual General Meeting (AGM) of the International Air Transport Association (IATA) and the start of the 2025 World Air Transport Summit (WATS). Hosted by IndiGo, India’s largest airline, this landmark event marks only the third time the IATA AGM is being held in India—and the first time ever in the capital city, New Delhi. Over 1,000 industry leaders are gathering, including airline CEOs, policymakers, regulators, and aviation stakeholders from around the world. What to Expect at This Year’s Summit Running over three days, the summit will address…

EnCharge AI has unveiled its EN100 AI accelerator chip. Designed to bring AI capabilities to laptops, workstations, and Edge devices, the AI chip startup claims it is the first AI accelerator built on precise and scalable analog in-memory computing. The EN100 is available in two form factors, the M.2 for laptops and the PCIe for workstations. The former offering delivers more than 200 tops of AI compute power in an 8.25W power envelope, while the latter features four NPUs (Neural Processing Units) reaching approximately 1 petaops, delivering GPU-level compute capacity at a fraction of the cost and power consumption, EnCharge…

Infosys’ business process management arm, Infosys BPM, has added artificial intelligence agents for invoice processing to its Infosys Accounts Payable on Cloud solution. This solution makes invoice processing largely autonomous to enhance efficiency and accuracy, the company said in a Friday (May 30) press release. The solution includes the capabilities of the suite of generative AI services, solutions and platforms called Infosys Topaz, as well as Microsoft’s AI stack, including Azure AI Foundry and other large language models (LLMs), according to the release. “By integrating Infosys Topaz with a purpose-built multi-agent framework, along with Microsoft’s AI stack, we’ve developed a solution that is autonomous by design, responsive…

Artificial intelligence is increasingly being used by insurers, rental car companies, vehicle auction houses and others to more accurately assess vehicle damage, automate claims processing and avoid disputes. Click-Ins is a company that uses AI and its own proprietary system that taps a mix of computer vision, photogrammetry and simulated environments to capture dents, scrapes, cave-ins, paint scratches and other damage more accurately than the human eye. “We just see a very high level of accuracy because of the way that our technology works,” Click-Ins CEO Josh Parsons said in an interview with PYMNTS. The company, co-headquartered in Kansas City, Missouri and Netanya, Israel,…

OpenAI reportedly sees an opportunity for artificial intelligence (AI) to move beyond web browsers and mobile apps. The company’s chief operating officer, Brad Lightcap, said OpenAI wants to build an “ambient computer layer” that doesn’t require users to look at a screen, The Wall Street Journal (WSJ) reported Thursday (May 29). Speaking at WSJ’s Future of Everything event, Lightcap said that OpenAI aims to build AI that is “truly personal” and that he has “no idea” what OpenAI CEO Sam Altman is working on with former Apple designer Jony Ive, whose company is being acquired by OpenAI. Ive’s company, io, is an AI device startup created in the spring of 2024 with Apple designers…

For years, when Meta launched new features for Instagram, WhatsApp and Facebook, teams of reviewers evaluated possible risks: Could it violate users’ privacy? Could it cause harm to minors? Could it worsen the spread of misleading or toxic content? Until recently, what are known inside Meta as privacy and integrity reviews were conducted almost entirely by human evaluators. But now, according to internal company documents obtained by NPR, up to 90% of all risk assessments will soon be automated. In practice, this means things like critical updates to Meta’s algorithms, new safety features and changes to how content is allowed…

Last week, Google quietly released an app that lets users run a range of openly available AI models from the AI dev platform Hugging Face on their phones. Called Google AI Edge Gallery, the app is available for Android and will soon come to iOS. It allows users to find, download, and run compatible models that generate images, answer questions, write and edit code, and more. The models run offline, without needing an internet connection, tapping into supported phones’ processors. AI models running in the cloud are often more powerful than their local counterparts, but they also have their downsides. Some…

The global aviation industry is gearing up for one of its most significant annual gatherings—the 80th Annual General Meeting (AGM) of the International Air Transport Association (IATA)—which officially begins tomorrow, June 1, 2025, in New Delhi, India. The event, hosted by IndiGo, India’s largest airline, marks a pivotal moment for the sector as it confronts pressing issues and shapes the future of air transport. A Global Convergence of Industry Leaders More than 1,500 delegates, including CEOs and senior executives from IATA’s 300+ member airlines, aircraft manufacturers, government regulators, and other key stakeholders, will come together in India’s capital for this…

Google’s Angular team has started maintaining an llms.txt file to help large language models find the latest Angular documentation and produce modern Angular code. Angular v20 is now available. The new version of Google’s web framework stabilizes APIs and features such as incremental hydration, promotes Zoneless (which removes ZoneJS as a dependency) to developer preview, improves debugging, and improves support for AI-powered Angular development with the introduction of an llms.txt file. Installation instructions for the TypeScript-based framework can be found at angular.dev. Angular v20 was announced May 28. Advancements in generative AI development in Angular v20 involve helping large language models (LLMs) to produce modern Angular code by maintaining…

Builder.ai, the artificial intelligence startup that recently announced plans to declare bankruptcy, faked business with the Indian social-media startup VerSe Innovation for years to falsely inflate its sales, according to documents reviewed by Bloomberg and people with direct knowledge of the practice.The two companies routinely billed one another for roughly the same amounts between 2021 and 2024, documents reviewed by Bloomberg show, as part of an alleged practice known as “round-tripping” that the people said Builder.ai used to inflate revenue figures it presented to investors. In many cases, products and services weren’t actually provided to either company for these payments, said the…

Top 10 firm BDO launched the next phase of its artificial intelligence strategy, backed by a global investment in AI of more than $1 billion over a period of five years. As part of this strategy, the firm is focusing on several high-impact areas poised to shape the future of its offerings and operations. Beyond enhancing and accelerating current initiatives, BDO plans to lean hard into Generative AI Assistants that will aid professionals in drafting reports, analyzing data and modeling scenarios. The firm also plans to focus on AI enabled hyper-personalized customer experiences and advisory services (for example, developing AI tools for calendar…

Nadcab Labs, a frontrunner in blockchain and next-generation technology solutions, announces that global investment in artificial intelligence (AI) has surpassed $390 billion in 2025, reflecting a monumental shift in both governmental and corporate priorities. This unprecedented financial commitment underscores AI’s rapidly expanding role in shaping economic trajectories, driving innovation, and addressing critical global challenges. According to industry reports, AI adoption among businesses has nearly doubled over the past three years, with nearly half of all companies now leveraging AI in their operations. In parallel, national governments are significantly ramping up funding, with the United States allocating more than $14 billion…

Doctors have developed an artificial intelligence tool that can predict which men with prostate cancer will benefit from a drug that halves the risk of dying. Abiraterone has been described as a “gamechanger” treatment for the disease, which is the most common form of cancer in men in more than 100 countries. It has already helped hundreds of thousands with advanced prostate cancer to live longer. But some countries, including England, have stopped short of offering the “spectacular” drug more widely to men whose disease has not spread. Now a team from the US, UK and Switzerland have built an AI test…

Key points: For years now, the promise of AI in education has centered around efficiency–grading faster, recommending better content, or predicting where a student might struggle. But at a moment when learners face disconnection, systems are strained, and expectations for personalization are growing, task automation feels…insufficient. What if we started thinking less about what AI can do and more about how it can relate? That’s where agentic AI comes in. These systems don’t just answer questions. They recognize emotion, learn from context, and respond in ways that feel more thoughtful than transactional. Less machine, more mentor. So, what’s the problem with what we have now?…

Samsung has officially unveiled its 2025 range of AI-enhanced televisions and sound devices, showcasing a new era of personalized and seamless home entertainment experiences powered by Samsung Vision AI. During an exclusive preview event held at The Podium Hall in Ortigas, the company detailed how its latest innovations aim to transform the TV into an intelligent hub for Filipino households. Building on years of AI refinement, Samsung’s 2025 TV lineup introduces more advanced and intelligent screens designed to personalize and enhance everyday living through the power of Samsung Vision AI. Vision AI: Envisioning Personalized and Elevated Experiences The core of Samsung’s 2025…