Rest of World:
A look at Indian startups like TuluAI, which are building LLMs for low-resource languages by creating data sets nearly from scratch with community involvement  —  Indian founders are building digital data sets for low-resource languages by involving the community, and count on local relevance to go against big tech platforms.

Mishal Husain / Bloomberg:
Q&A with Fei-Fei Li on ImageNet, her startup World Labs' focus on spatial intelligence, superintelligence, regulation, AI bubble, US-China AI arms race, more  —  AI is now so present in our lives that the story of how it came to be so is receding — that is, if we ever absorbed it properly.

Chris Metinko / Axios:
Thoma Bravo acquires a majority stake in Java platform Azul, which received a $340M majority investment from Vitruvian Partners and Lead Edge Capital in 2020  —  Thoma Bravo bought a majority stake in enterprise Java platform developer Azul for an undisclosed price, Azul CEO Scott Sellers tells Axios Pro.

Lisa Du / Bloomberg:
General Atlantic purchases a $96M minority stake in Japanese HR software unicorn SmartHR, marking the PE firm's first growth equity investment in Japan  —  General Atlantic completed its first growth equity investment in Japan and plans to do more, citing an increase in entrepreneurship …

InsurTech Analyst:
Federato, which provides AI-powered insurance lifecycle software, raised a $100M Series D led by Goldman Sachs Alternatives, taking its total funding to $180M+  —  Federato, the AI-native insurance software provider, has secured $100m in its Series D round to accelerate the adoption …