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The digital insurer, backed by General Atlantic, Canada Pension Plan Investment Board, and Accel, plans to file its DRHP confidentially with SEBI in H2 2026. In FY25 it grew revenue 35% to Rs 2,837 crore and cut net losses by 37%. It has raised over $583 million in total funding. Acko, the Bengaluru-based digital-first general […]
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The round amount is undisclosed. Backers include Nordic Makers, Emblem, the Lovable company itself, the Sequoia Scout Fund, and the Andreessen Horowitz Scout Fund. Lovable CEO Anton Osika personally endorsed the team. Atech lets users describe a hardware concept in natural language and receive a working prototype. Atech, a Copenhagen-based AI hardware startup, has raised […]
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The promotional discount runs until 5 May 2026. Even at full price, V4-Pro already undercuts GPT-5.5, Claude Opus 4.7, and Gemini 3.1 Pro on per-token costs. The move is a direct challenge to the pricing strategy of US AI providers at a moment when the Trump administration has accused Chinese firms of distilling American AI […]
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Sequoia Capital co-steward Alfred Lin personally purchased 200 Mac Minis, had each one custom-engraved with a design mixing old cartography and machine learning contour plots, and distributed them to attendees at Sequoia’s “AI at the Frontier” event. Each machine contained two easter eggs: Sequoia’s ethos statement about creative spirits and underdogs, and a quote generated […]
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Foundation Future Industries, a San Francisco startup founded in April 2024, has secured $24 million in research contracts with the US Army, Navy, and Air Force to test humanoid robots designed to breach enemy positions. The company’s Phantom MK-1 is a 5-foot-9, 176-pound humanoid with 19 upper-body degrees of freedom, five-fingered hands, a camera-first vision […]
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Jury selection begins Monday in Oakland federal court for the trial that will determine whether OpenAI’s conversion from a nonprofit to one of the most valuable companies in the world was a breach of charitable trust. Elon Musk, who co-founded OpenAI in 2015 and donated at least $38 million to it, is suing Sam Altman, […]
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Brockman’s diary called it a lie. Now a jury will hear it. Read More »
China’s Ministry of Commerce issued a formal condemnation on Saturday after the European Union included approximately 27 Chinese and Hong Kong entities in its 20th sanctions package against Russia, the largest round of listings in two years. Beijing said the move “runs counter to the spirit of the consensus reached between Chinese and EU leaders, […]
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China’s most powerful governing bodies, the Chinese Communist Party Central Committee and the State Council, issued comprehensive labour rules for gig workers on Sunday, the first time the party’s highest authority has formalised protections for the more than 200 million people who deliver food, drive cars, and livestream products through online platforms. The mandate requires […]
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Sam Altman published an open letter to the community of Tumbler Ridge, British Columbia, on Thursday, apologising for OpenAI’s failure to alert law enforcement after its own systems flagged a user who went on to carry out the deadliest school shooting in Canada in nearly four decades. “I am deeply sorry that we did not […]
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OpenAI knew. It chose not to call the police. Now Sam Altman is sorry. Read More »
China’s Ministry of Commerce warned on Friday that US legislation advancing through Congress would “severely disrupt the international economic and trade order and seriously undermine the stability of the global semiconductor industry chain and supply chain.” The legislation in question is the MATCH Act, the Multilateral Alignment of Technology Controls on Hardware, which passed the […]
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