The Latest Breaking News from Surge

Peak XV folds Surge into broader early-stage investing amid executive exits, fewer cohorts

Peak XV Partners is reshaping its Surge seed-investing platform. The venture capital firm is integrating Surge more closely with its overall early-stage investment operations. This move follows team exits and a slower cohort intake. Surge will now offer up to $5 million per company. This recalibration aligns with broader trends…

The Economic Times · Jun 1

Meta–Scale AI Partnership Sees Signs Of Strain As Key Executive Departs In Just Two Months, Researchers Pick Rivals: Report

The partnership between Meta Platforms Inc. (NASDAQ:META) and Scale AI is reportedly showing signs of strain, with a key executive leaving Meta just two months after the partnership was formed.

Benzinga · Sep 1, 2025

Surge AI Quietly Hit $1B Without Outside Money — Now Even VCs Want In

Surge AI stayed under the radar until this summer, when news broke that the company crossed $1 billion in annual revenue without raising any outside capital. The company offers data labeling services used by companies, including Google and OpenAI, helping them train large-scale machine learning models, Inc. reports.

Benzinga · Jul 19, 2025

Tokyo-style racing circuit with fast electric go-karts to open in UK

The £2 million attraction is the first of its kind in the north of England

Wales Online · Oct 16, 2022

Ukraine seeks to trace thousands of 'orphans' scattered by war

Ukraine says it dismissed nearly 100,000 children from institutional care. With help from U.N. child agency UNICEF, it is still trying to reach some 26,000 of them.

Reuters · Sep 12, 2022