Latest News, Updates & Breaking Headlines
One of America’s biggest fintech startup Parker has filed for bankruptcy and is widely reported to have shut down. Widely known to be a well-funded startup, Parker offered corporate credit cards and banking services for e-commerce businesses. The startup was part of Y Combinator’s winter 2019 cohort, and its Series A was led by Valar…
Mark Zuckerberg, CEO, Meta The US-China trade war is back, and in full steam. There have been two parallel moves in the recent weeks, marking a significant escalation of the US-China AI war. In the latest move, China’s industry regulator has asked Facebook-parent Meta to withdraw a $2 billion acquisition transaction of Singapore-based AI company…
GalaxEye’s Mission Drishti OptoSAR satellite integrated inside the payload fairing ahead of its Sunday’s launch aboard a SpaceX Falcon 9 rocket, marking a milestone in all-weather Earth observation NEW DELHI: New Delhi: Indian space-tech startup GalaxEye on Sunday announced the launch of Drishti — a made-in-India satellite that combines radar and optical sensors in real…
Jer Crane, founder of PocketOS recently shared how an AI coding agent using Anthropic’s Claude Opus 4.6 deleted his company’s entire production database and backups in just nine seconds. The startup, a SaaS platform that services car rental businesses, he said uses AI coding agent Cursor. Crane narrated the entire 30-hour timeline of the incident…
In the high-stakes world of Silicon Valley, where billions are poured into chatbots and generative art, Apurva Shrivastava and Tyson Chen decided to look where few tech founders go: the local HVAC company. That decision has officially paid off. Their startup, ‘Avoca’, has reached a $1 billion valuation following a $125 million funding round led…
NEW DELHI: The Arvind Kejriwal-led party on Friday suffered one of its biggest internal jolts, as Raghav Chadha, once its rising star and Kejriwal’s blue-eyed boy, led a massive Rajya Sabha exodus to the Bharatiya Janata Party.The murmurs of dissent from Raghav Chadha exploded into a full-blown rebellion. Chadha didn’t just walk away, he took…
Aman Sanger is emerging as one of the key Indian-origin figures in the global artificial intelligence boom. A co-founder of Cursor, he is part of the team behind one of the fastest-growing AI coding platforms in the world. Recently, SpaceX confirmed it had secured an option to acquire Cursor for around $60 billion, or alternatively,…
Fintech startup Belo’s CTO Pato Molina recently shared how Anthropic shut down the Claude account of his entire company after what it claimed to be a policy breach. Molina shared the same in a post on X, formerly Twitter. Tagging Claude, tech CTO wrote”@claudeai you took down our entire organization with 60+ accounts belonging to…
Bengaluru: The centre has notified the Startup India Fund of Funds 2.0 with a Rs 10,000 crore corpus to channel venture capital into startups, with a focus on deeptech and manufacturing.The scheme retains the earlier fund-of-funds structure, with government capital flowing into SEBI-registered Alternative Investment Funds (AIFs), which will invest in startups.What is new is…
American billionaire investor Mark Cuban has now sounded the alarm for startup CEOs, warning that those who fail to embrace artificial intelligence risk being displayed by AI-native competitors. In a post shared on social media platform X (formerly known as Twitter), Cuban described the challenges as an “Innovator’s AI Dilemma”. He stressed that the executives…
