Reporting on the business of technology, startups, venture capital funding, and Silicon Valley.
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Key Highlights
OpenAI partners with Pine Labs to integrate AI into India's fintech payments stack, aiming to automate B2B workflows like invoicing and settlements. 1 post
Etsy sells secondhand clothing marketplace Depop to eBay for $1.2 billion, nearly five years after acquiring it for $1.62 billion. 1 post
Google debuts the $499 Pixel 10a with AI camera features and satellite SOS, while Canva hits $4 billion in annual recurring revenue driven by AI tools. 2 posts
Main Topics (5)
Latest posts
This VC’s best advice for building a founding team
One of the most consequential decisions early-stage founders have to make is who they will bring on as their founding team. The first five to 10 employees will have a massive impact on the company culture, and the precedents set with them are difficult to change down the road. That’s why this season
Reliance unveils $110B AI investment plan as India ramps up tech ambitions
Mukesh Ambani, the billionaire chairperson of Indian conglomerate Reliance, on Thursday unveiled the group’s ₹10 trillion (about $110 billion) plan to build AI computing infrastructure in India over the next seven years. Speaking at the India AI Impact Summit in New Delhi on Thursday, Ambani said th
OpenAI taps Tata for 100MW AI data center capacity in India, eyes 1GW
OpenAI has partnered with India’s Tata Group to secure 100 megawatts of AI-ready data center capacity in the country, with plans to scale to 1 gigawatt. The move is part of a broader push to deepen the company’s enterprise and infrastructure footprint in one of its fastest-growing markets. OpenAI a
OpenAI deepens India push with Pine Labs fintech partnership
As India pitches itself as a global hub for applied artificial intelligence, OpenAI has partnered with Pine Labs to integrate AI-driven reasoning into the fintech firm’s payments stack, automating settlement and invoicing workflows in a move the companies say could help accelerate AI-led commerce in
Etsy sells secondhand clothing marketplace Depop to eBay for $1.2B
Etsy is selling Depop, a secondhand clothing app popular with Gen Z and millennials, to eBay for $1.2 billion in cash, the company announced on Wednesday. Etsy says the deal will allow it to focus on its own marketplace. The deal comes nearly five years after Etsy acquired Depop for $1.62 billion, a
Hacking conference Def Con bans three people linked to Epstein
Def Con, one of the largest and longest-running hacking conferences in the world, announced on Wednesday that three people linked to Jeffrey Epstein are no longer allowed to attend. The conference justified adding Pablos Holman, Vincenzo Iozzo, and Joichi Ito to its public list of banned individua
A startup called Germ becomes the first private messenger that launches directly from Bluesky’s app
Here’s something that you’ve never seen on Big Tech social platforms: The decentralized open social network Bluesky has integrated new technology from a startup called Germ Network in order to bring end-to-end encrypted (E2E) messaging to the Bluesky app. The move makes Germ DM the first private mes
SeatGeek and Spotify team up to offer concert ticket sales inside the music platform
SeatGeek announced on Wednesday a new integration with Spotify, bringing a seamless ticket-buying experience for Spotify users. Now when Spotify users browse an artist’s page or upcoming tour dates, they will see ticket links powered by SeatGeek for concerts at these participating venues, allowing
Amazon halts Blue Jay robotics project after less than 6 months
Amazon has hundreds of thousands of robots in its warehouses, but that doesn’t mean all of its robotic initiatives are a success story. The e-commerce giant has halted its Blue Jay warehouse robotics project just months after unveiling the tech, as originally reported by Business Insider and confirm
Mastodon, a decentralized alternative to X, plans to target creators with new features
Mastodon, a decentralized, open source social media platform and alternative to larger apps like X and Threads, announced on Wednesday its plans to make its app more approachable for newcomers while also targeting creators with the launch of new features. The changes follow the expansion of Mastodon
Data breach at fintech giant Figure affects close to a million customers
The data breach that hit blockchain-based lending giant Figure affected nearly a million customers, according to a security researcher. Last week, Figure confirmed a data breach allowed hackers to steal “a limited number of files” from its systems. The company did not provide specifics on what kind
Google debuts $499 Pixel 10a
Google on Wednesday introduced its latest entry-level Pixel smartphone. The $499 Pixel 10a launches with new AI software capabilities and minor hardware updates. The smartphone is available for preorder now with shipments starting March 5. It comes in Lavender, Berry, Fog, and Obsidian. The Pixel 1
Audible’s new ‘Read & Listen’ feature syncs your Kindle e-books with audiobooks
Only days after Spotify announced its foray into physical book sales, which included an audiobook feature that lets you sync your listening and your offline reading progress, Amazon-owned Audible has launched a feature that brings e-books together with audiobooks. The company announced on Wednesday
X continues to bet on vertical video with its latest update
X recently introduced a new immersive video player, signaling another major step in its ongoing push into video-focused experiences. Nikita Bier, X’s head of product, announced the update earlier this week, admitting the previous video player “badly needed a refresh.” The redesign aims to make vide
Google adds music-generation capabilities to the Gemini app
Google announced on Wednesday that it’s adding a music-generation feature to the Gemini app. The company is using DeepMind’s Lyria 3 music-generation model to power the feature, which is still in beta. To use the feature, you’ll describe the song you want to create, and the app will generate a track
Snapchat+ tops 25M subscribers, driving company’s direct revenue ARR to $1B
Snap’s direct revenue business has reached a $1 billion annualized revenue run rate, the company announced on Wednesday. Annualized revenue refers to a business’s current revenue rate projected over a full year. The social media giant says the milestone is driven by its Snapchat+ offering, which has
Kana emerges from stealth with $15M to build flexible AI agents for marketers
Marketing is one of the few operations no industry can afford to ignore, which is why we have a veritable host of AI-powered marketing tools being shoved into marketers’ faces today. All the social platforms, from Facebook and Instagram to TikTok, and major incumbents like Microsoft and Google, to c
This former Microsoft PM thinks she can unseat CyberArk in 18 months
The internet today has a permissions problem. As non-humans — chatbots, AI agents, and automated systems — have proliferated on the web, so has the need to provide them with credentials, permissions, and identities. That’s one major reason identity and access management startups that help manage thi
Microsoft says Office bug exposed customers’ confidential emails to Copilot AI
Microsoft has confirmed that a bug allowed its Copilot AI to summarize customers’ confidential emails for weeks without permission. The bug, first reported by Bleeping Computer, allowed Copilot Chat to read and outline the contents of emails since January, even if customers had data loss prevention
OpenAI pushes into higher education as India seeks to scale AI skills
OpenAI is expanding its footprint in India and moving into the country’s higher-education system through partnerships with leading academic institutions. The move comes as the South Asian nation seeks to scale AI skills and build domestic capacity in one of the world’s largest talent markets. On Wed
World Labs lands $1B, with $200M from Autodesk, to bring world models into 3D workflows
Fei-Fei Li’s World Labs has secured a $200 million investment from software design giant Autodesk as part of a larger $1 billion round from backers, including AMD, Emerson Collective, Fidelity, Nvidia, and others. World Labs, which emerged from stealth in 2024 with $230 million at a $1 billion valua
Canva gets to $4B in revenue as LLM referral traffic rises
Creative company Canva ended 2025 on a high note with a 20% increase in monthly active users, growth that was partially propelled by adoption of its AI tools. Canva had more than 265 million monthly active users and over 31 million paid users in 2025, according to the company. That user base helped
India’s Sarvam wants to bring its AI models to feature phones, cars and smart glasses
Indian AI company Sarvam plans to bring its newly released AI models to users by deploying them on Nokia feature phones, cars and its own smart glasses. The company, backed by the likes of Lightspeed, PeakXV, and Khosla Ventures, said at the ongoing India AI Impact Summit in New Delhi that it is usi
Heron Power raises $140M to ramp production of grid-altering tech
Heron Power, founded by former Tesla executive Drew Baglino, announced on Wednesday that it has raised $140 million to build gigawatts worth of solid-state transformers for data centers and the grid. It’s a fast turnaround for the startup, which raised a $38 million Series A in May. Baglino said Her
Indian AI lab Sarvam’s new models are a major bet on the viability of open-source AI
Indian AI lab Sarvam on Tuesday unveiled a new generation of large language models, as it bets that smaller, efficient open-source AI models will be able to grab some market share away from more expensive systems offered by its much larger U.S. and Chinese rivals. The launch, announced at the India