Indian tech tycoon bets $30M of his own money to build AI alternative to Microsoft Office

Turakhia's investment in Neo signals a potential shift in enterprise productivity tools, emphasizing AI integration and long-term growth strategies. The post Neo founder Bhavin Turakhia invests $30M to compete with Microsoft Office appeared first on Crypto Briefing.

Insider Brief PRESS RELEASE — Engram, the company building the learned memory layer for AI, has emerged from stealth with $98M in funding from General Catalyst, Kleiner Perkins, Sequoia Capital, Factory, Modern, Amplify Partners, Neo and notable angels and advisors including Assaf Rappaport, co-founder and CEO of Wiz, Andrej Karpathy, co-founder of OpenAI, and Pieter Abbeel, AI […]

Google is expanding Gemini’s personalized AI image generation to eligible free users in the U.S., allowing the chatbot to create images based on your interests and data from connected Google apps.

In the late 1960s, elite Navy pilots began losing dogfights. The deep, instrument-level understanding of exactly where they were, what their aircraft was doing, and what was coming next had been automated. And when moments of crisis arrived, they didn’t have the situational awareness to respond. Put a plane on autopilot long enough, and the pilot stops actually flying. The same dynamic is playing out across enterprise software. AI is generating code faster than developers can understand it, and leaders are celebrating the velocity without asking who’s actually flying the plane. A developer who has only ever “vibe coded” has perception at best. They can “see” the outputs but can’t fix any internal failures caused by the very AI systems they’re relying on. The easiest thing to do is to say the answer looks good enough. Cut and paste it in and hope it works out. According to Model Evaluation & Threat Research’s randomized control trials, experienced developers working with AI tools actual

In Q1 2026, AI companies pulled in $242 billion in venture capital. That is 80% of all global VC funding for the quarter. From coding to compliance, customer service to clinical documentation, these 30 companies are not updating enterprise software. They are rebuilding it from scratch.

Microsoft Office users may find that some of their applications are failing to open when called on by third-party applications. It’s an issue that has emerged after the latest round of Microsoft updates. The problem affects Word, Excel, and other Office applications opened from third-party offerings including CCH Engagement, Workpaper Manager, Zotero, or dental office software such as Dentrix or Softdent. The update issued on June 9 appears to have triggered problems with the OLE automation that these third-party applications use to interact with Office. Users have reported that files are failing to open, with no error message indicating what has gone wrong, According to one Windows user forum, the issue is particularly frustrating because of this lack of error message. As one user put it, “‘Word won’t open from our workpaper system’ is functionally the same as ‘Word is broken.’ To an administrator, the difference determines whether the next hour is spent repairing Office, rolling back

To feed a wave of robot-training datasets, Indian workers like Nagireddy Sriramyachandra film everyday actions with head-mounted smartphones for about 250 rupees (roughly $2.40) an hour. Companies including Objectways and Bangalore-based Humyn Lab turn this egocentric footage into training labels as investors size a humanoid-robot market at about $38 billion by 2035. In Tamil Nadu, […]

In the U.S., the largest financings went to enterprise software company NinjaOne and blockchain technology provider Digital Asset. The largest deals of the week, however, were for European companies.