Indian-origin software engineer Prakshal Jain has announced that he quit his $300,000-a-year (nearly ₹2.89-crore) job at Meta to launch an AI startup. Jain announced that he and co-founder Alex Morris are coming to launch their startup Mitosis Labs after spending seven months building it. Mitosis Labs has already developed three products, Mitosis Cortex, Yappy, and UFA & Wikipedia, Jain said.