PixVerse raises $439M, valuation tops $2B

Google has released Gemini 3.5 Transcribe, a new transcription model that automatically detects specialized jargon and supports more than 85 languages. The model represents an improvement over its predecessor, Chirp 3, with better multilingual performance and lower wording error rates. Users can edit transcriptions using voice commands. The release comes as Google continues to roll out updates to its Gemini Audio suite while the promised Gemini 3.5 Pro model remains unreleased since its June launch window.

Particle has launched a podcast intelligence platform called Radar that transcribes and analyzes over 130,000 podcasts, making their content searchable on the web and accessible to AI agents via API and MCP. The platform enables both human users and AI systems to query podcast conversations at scale. This addresses a significant gap in AI training data and search accessibility for audio content.

Chinese AI developer MiniMax reported its annualized revenue run rate surged to $800 million in August, up from $150 million in February, driven by enterprise demand for its AI video model and large language models. The Shanghai-based company's growth reflects a broader shift toward commercializing AI capabilities for business customers. The expansion demonstrates significant market traction in China's competitive AI sector.

Ringg, an India-based voice AI company, has raised $10 million from Peak XV Partners as part of a Series A extension. The funding supports the company's efforts to expand voice AI applications beyond traditional phone calls. The investment reflects growing investor interest in voice-based AI solutions in emerging markets.