Jagmeet Singh / TechCrunch : India approves a $1.1B state-backed VC fund to finance high-risk areas like AI and advanced manufacturing, d...
India approves a $1.1B state-backed VC fund to finance high-risk areas like AI and advanced manufacturing, doubling down on an effort that debuted in 2016 — India has cleared a $1.1 billion state-backed venture capital program that will channel government money into startups through private investors …
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Analysis: despite investing $150B+ in 10+ years, China is expected to produce 2% of global AI chips in 2026 and 70x less memory storage than foreign chipmakers — More than a decade into Beijing's push for self sufficiency, Chinese firms are producing fewer, lower-performing chips than their foreign competitors.
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A deep dive into a global money-laundering ecosystem powered by crypto and messaging apps like WeChat and Telegram, used by drug cartels and criminal groups — A vast ecosystem supported by the gig economy has sprung up to clean all that cash. — The pitch was simple: Crypto for “cold hard cash.”
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Current and former senior employees say AWS is undergoing a strategic shake-up amid fears it is losing ground to competitors in securing corporate AI contracts — Shake-up follows fears tech giant missed early AI boom as Microsoft and Google challenge cloud business
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ByteDance releases Doubao 2.0 for the “agent era”, joining other Chinese firms hoping to generate buzz around their AI models during the Lunar New Year holiday — China's ByteDance has rolled out its Doubao 2.0 model, an upgrade of the country's most widely used artificial-intelligence app, the company said on Saturday.
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Dealroom and NATO Innovation Fund: European defense, security, and resilience startup funding rose 55% YoY to a record $8.7B in 2025, with AI accounting for 44% — Ahead of the big Munich Security Conference later this week, the analysts at Dealroom teamed up with the NATO Innovation Fund …
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BNP Paribas analysis: Anthropic saw visits to its site jump 6.5% after its Super Bowl ad and DAUs jump 11% post-game, outperforming other AI companies — The Seahawks may have won the Super Bowl, but Anthropic also walked away with bragging rights, according to data analyzed by BNP Paribas.
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Sources: TSMC plans to invest another $100B to build four more US fabs to ensure tariff-free chip sales; analysis: its Arizona site has land for four more fabs — Agreements reached between Taiwan and Trump administration imply big expansion for world's biggest chipmaker
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India partners with Alibaba.com to help Indian startups and small businesses reach overseas buyers, highlighting its selective engagement with Chinese platforms — India's government has partnered with China's Alibaba.com on an export-focused program aimed at helping startups and small businesses reach overseas buyers.
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Sources: OpenAI is charging $60 per 1,000 impressions for ads in ChatGPT, a high price similar to Netflix's rate when it introduced ads — In May 2024, the big question for OpenAI was how it would make money with its revolutionary ChatGPT tool. At a talk at Harvard, chief executive Sam Altman …
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