Nilekani Steps Down as GP While Fundamentum Raises $200M Fund
Fundamentum Partnership, the venture capital firm co-founded by Infosys legend Nandan Nilekani, is reshuffling its leadership just as it closes…
Tag: tech news
Apple Vet’s Smart Glasses Startup Hits $1B Valuation
A Shenzhen-based smart glasses startup led by an Apple veteran just hit unicorn status, marking one of the biggest bets…
High AI Capex Demand a Multi-Year Cycle, Say Experts
In a recent segment of Bloomberg Businessweek, industry experts delved into the escalating demand for AI capital expenditure, predicting a…
Tech Stock Surge Fueled by AI Trade Resurgence
The technology sector is experiencing a notable resurgence, with the artificial intelligence trade emerging as a primary catalyst for stock…
Station F Doubles Down on AI Startups with New Accelerator
Station F, the sprawling Paris startup campus backed by billionaire Xavier Niel, is opening applications for a new cohort of…
Meta debuts AI-powered gaming app Pocket
Meta has quietly launched a new application called Pocket, an AI-powered platform that allows users to create and share small…
Space Force Taps Startups for Orbital ‘Top Gun’ Missions
The US Space Force just handed the keys to orbital combat training to two private space companies. True Anomaly and…
Quantum Systems Lands $1.2B as Defense Tech Funding Explodes
Quantum Systems just closed one of the largest defense tech funding rounds in history, pulling in $1.2 billion as investors…
Lucid CFO Exits as Gravity SUV Sales Stall Turnaround
Lucid Motors just lost its CFO in a dramatic leadership shakeup that signals deeper trouble for the struggling EV maker.…
Explosion Damages Anduril’s Mississippi Rocket Test Site
Anduril, the defense tech startup valued at $14 billion, just lost a critical piece of its rocket motor infrastructure. An…
Kutcher Exits Sound Ventures to Launch AI-Focused Fund
Ashton Kutcher is walking away from Sound Ventures, the firm he’s helmed for years, to launch a brand-new early-stage fund…
China Widens AI Espionage Beyond Tech Theft
The cybersecurity threat from China just got more personal. As the AI race between Washington and Beijing hits a fever…
FTC Clears Musk’s Acquisition of SpaceX Alumni Startup Mesh
Elon Musk just cleared a major regulatory hurdle. The Federal Trade Commission approved his acquisition of Mesh Optical Technologies, a…
Mark Pincus on AI’s Outlook
Mark Pincus, the visionary founder of social gaming giant Zynga, recently shared his perspectives on the burgeoning artificial intelligence landscape…
Qualcomm Acquires AI Startup Modular in Data Center Push
Qualcomm just made its boldest move yet in the AI data center wars. The chip giant is acquiring Modular, an…
Slate Auto’s $24,950 EV Truck Opens for Preorders
Slate Auto just opened preorders for its bare-bones electric pickup at $24,950, delivering on its revised pricing promise after losing…
Superhuman Snaps Up AI Detection Startup GPTZero
Superhuman is making a surprise move into AI authenticity. The premium email client just acquired GPTZero, the Princeton-born startup that…
AI Doubts Spark Tech Stock Selloff
Concerns over the profitability of artificial intelligence are sending ripples through the tech sector, triggering a notable sell-off in technology…