Sankalp Phartiyal / Bloomberg : Indian investment bank The Rainmaker Group says 36+ Indian tech startups like Flipkart and PhonePe with a...
Indian investment bank The Rainmaker Group says 36+ Indian tech startups like Flipkart and PhonePe with a combined $100B valuation are set to go public by 2027 — - Investment bank Rainmaker sees India IPOs picking up pace — IPOs in India have lost steam this year as stocks have dropped
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In its first post-IPO earnings, Raspberry Pi reports FY 2024 revenue down 2% YoY to $259.5M, pre-tax profit down 57% YoY to $16.3M, and 1.9M Pi 5 units sold — Low-cost computer maker says pandemic-related inventory problems have since been ‘normalised’ — Raspberry Pi's pre-tax profits fell …
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The Wikimedia Foundation says base bandwidth demand for downloading Wikimedia Commons multimedia content is up 50% since January 2024, driven by AI crawlers — Since the beginning of 2024, the demand for the content created by the Wikimedia volunteer community - especially for the 144 million images …
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Seattle-based Gable, which develops enterprise data coordination tech, raised a $20M Series A led by Crane Venture Partners, taking its total funding to $27M — GeekWire's startup coverage documents the Pacific Northwest entrepreneurial scene. Sign up for our weekly startup newsletter …
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Researchers detail a new AI-powered Probability of Fire model, which they say could outperform the conventional danger forecasts used by wildfire trackers — New model takes into account weather forecasts as well as other factors such as levels of flammable vegetation and human activity
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UMC, Taiwan's second-largest chipmaker, opened a $5B plant in Singapore featuring 22nm and 28nm manufacturing technology; mass production won't start until 2026 — TAIPEI — Taiwan's second-largest chipmaker, United Microelectronics Corp., on Tuesday opened a $5 billion plant that it describes as the …
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Sources: Arm decided not to pursue a deal after recently seeking to acquire Alphawave, a UK-listed supplier of semiconductor IP that is exploring a sale — SoftBank-owned chip tech provider Arm Holdings (O9Ty.F) recently sought to acquire UK-based Alphawave (AWE.L) to secure a crucial technology …
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Qualcomm says it is weighing an acquisition offer for Alphawave, which has a market cap of ~$1.3B and makes high-speed semiconductor and connectivity technology — The San Diego-based chip firm will have to make a decision about whether to make an offer by April 29 to comply with the UK's takeover rules …
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Qualcomm acquires the generative AI division of Vietnamese startup VinAI, following the acquisition of German AI and IoT company Edge Impulse in early March — Qualcomm has acquired the generative AI division of VinAI, an AI research company headquartered in Hanoi, for an undisclosed amount, the companies announced on Monday.
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Bybit shutters its NFT marketplace, following a similar decision by NFT marketplace X2Y2; Token Terminal: daily NFT trading volume has dropped 70% YoY to $5.34M — Bybit is shutting down its NFT and inscription marketplaces on April 8, 2025, as part of a broader strategy to streamline its offerings amid declining market interest.
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In a new paper, Tim O'Reilly and other researchers say OpenAI likely trained GPT-4o on paywalled books from O'Reilly Media without a licensing agreement — OpenAI has been accused by many parties of training its AI on copyrighted content sans permission. Now a new paper by an AI watchdog …
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Chef Robotics, which develops AI-powered robotic meal assembly systems, raised a $20.6M Series A led by Avataar Ventures, and an additional $22.5M in debt — As the food service industry continues to struggle with labor shortages, a Silicon Valley startup has put together artificially-intelligent robots that are ready to clock in.
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Sources: AI coding startup Replit is in talks with investors to raise about $200M at a $3B valuation, almost triple its last valuation — The new funding round would bring in about $200 million, one of the people said. — Replit did not respond to requests for comment.
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Google researchers say DPRK's IT workers are fraudulently securing positions at companies in Germany, Portugal, and the UK, after facing sanctions in the US — North Korea's IT workers have expanded operations beyond the United States and are now increasingly targeting organizations across Europe.
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Microsoft says it used its AI-powered Security Copilot to discover previously unknown vulnerabilities in the GRUB2, U-Boot, and Barebox open-source bootloaders — Microsoft used its AI-powered Security Copilot to discover 20 previously unknown vulnerabilities in the GRUB2, U-Boot, and Barebox open-source bootloaders.
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Leaked renders of the Google Pixel 10 Pro Fold show a design similar to its predecessor's; sources: it will feature a TSMC-made Tensor G5 chip and 16GB of RAM — Update: We've updated this article with the dimensions of the Pixel 10 Pro Fold. … After having released renders of the Google Pixel 10 …
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Sources: Finland-based IQM, which builds full-stack superconducting quantum computers, is in talks to raise more than €200M; it raised a €128M Series A2 in 2022 — IQM, a Finnish startup that builds quantum computers, is in talks to raise more than €200 million ($216 million) …
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YouTube suspends two major fake movie trailer channels from its partner program, after a report on how the AI-heavy trailers generated millions in ad revenue — The Google-owned video-hosting giant has turned off ad revenue on Screen Culture and KH Studio trailers after a Deadline investigation chronicled …
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Circle files for an IPO, with plans to list on the NYSE; Circle is reportedly seeking a valuation between $4B and $5B — Circle, the company behind the USDC stablecoin, has filed for an initial public offering with the U.S. Securities and Exchange Commission.
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CoreWeave shares close up 41.8% at $52.57 in their third trading day, bouncing back above the $40 IPO price and bringing the company's market cap to ~$24.9B — CoreWeave's stock popped nearly 42% on Tuesday, bouncing back above its initial public offering price following a lackluster second trading day on the public markets.
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Sources: Visa has offered Apple ~$100M to become the network for the Apple Card; Amex is also competing, while Mastercard tries to keep its role as the network — Visa, Amex and Mastercard are all competing to be the network for Apple's credit card — Visa has offered Apple …
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Sources: WH national security adviser Michael Waltz and other National Security Council members have conducted government affairs over personal Gmail accounts — Trump's national security adviser is trying to manage his way out of a crisis. But new revelations about his team's operational security are piling up in the inbox.
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Mozilla says it's developing Thundermail, an email service similar to Gmail but with a focus on privacy, as part of an upcoming premium Thunderbird Pro suite — I cover the exciting intersection of Linux and handheld gaming. — SaveComment — In case you missed it …
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Sources: Meta is ramping up work on its first AR glasses with a display, which could be introduced as early as the end of 2025 and cost between $1K and $1,400 — The company intends to introduce its first glasses with a screen as early as the end of this year — a product it sees …
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Source: Agility Robotics, a maker of humanoid robots led by Peggy Johnson, is raising $400M at a $1.75B pre-money valuation; ~100 of its robots are in the field — Agility Robotics, a humanoid robot maker led by former Microsoft executive Peggy Johnson, is raising $400 million …
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