Grammarly secures $1B in non-dilutive funding from General Catalyst

Grammarly has secured a $1 billion commitment from General Catalyst. The 14-year-old writing assistant startup will use the new funds for its sales and marketing efforts, freeing up existing capital to make strategic acquisitions. Unlike a traditional venture round, General Catalyst will not receive an equity stake in the company in return for the investment. […]

AI regulations key to safe usage amid possible disruption: Tech experts

Industry leaders emphasise that artificial intelligence presents both opportunities and challenges for India’s economic growth. While AI adoption is high, scaling it requires building trust and demonstrating return on investment. Experts highlight the need for businesses to reshape processes, empower employees with AI, and establish governance to mitigate risks and ensure resilience against potential disruptions.