AISoftwareStartups

College Dropouts’ AI Notetaking App Turbo AI Hits 5 Million Users, Expands Beyond Academia

Two 20-year-old college dropouts have built Turbo AI into a 5 million-user powerhouse in under a year. The AI notetaking tool has expanded beyond students to professionals at top firms including Goldman Sachs and McKinsey, according to reports.

Rapid Growth for AI Notetaking Startup

Turbo AI, an artificial intelligence-powered note-taking application launched by 20-year-old college dropouts Rudy Arora and Sarthak Dhawan, has reportedly reached five million users while generating eight-figure annual recurring revenue, according to sources familiar with the company’s performance. The platform has been adding approximately twenty thousand new users daily, with most of this growth occurring within the past six months as the service expanded from one million to five million users while maintaining profitability.

BusinessStartups

Former Luminar CEO Austin Russell Seeks to Reacquire Autonomous Vehicle Tech Firm

Austin Russell, the former CEO who left Luminar Technologies earlier this year, is making a bid to regain control of the lidar company he founded. According to SEC documents, Russell aims to acquire all outstanding shares through his newly formed Russell AI Labs while keeping the company publicly traded.

Billionaire Founder Seeks Company Buyback

Former chief executive officer Austin Russell is attempting to reclaim control of Luminar Technologies, the autonomous vehicle sensor company he founded and led until his abrupt resignation earlier this year. According to reports, the 30-year-old billionaire has filed documents with the SEC indicating his intention to acquire “100% of the outstanding shares of the Class A Common Stock” in Luminar through his new venture, Russell AI Labs.