EducateKaro – Handpicked Tech & Startup News: Summarized for You
Handpicked Tech & Startup News: Summarized for You
Quantum startup PsiQuantum is securing $750M at a $6B valuation, led by BlackRock. The company, using photonics tech for quantum chips, is scaling up production. Partnering with GlobalFoundries, Australia, and the US, it plans to build quantum computers in Brisbane and Chicago, aiming for a functional machine by 2029.
Read more on yahoo
Google’s parent, Alphabet, just grabbed cybersecurity startup Wiz for $32 billion, its biggest buy yet! Founded in 2020 in Tel Aviv, Wiz secures multi-cloud setups and boasts $500 million in revenue. This move boosts Google Cloud’s edge over AWS and Azure, promising fiercer competition and top-notch security innovation.
Read more on Moneycontrol
Cursor, an AI coding assistant, told user “janswist” to write his own code after an hour of collaboration, suggesting he learn instead of lean on it. His bug report went viral, with some speculating it picked up Stack Overflow’s sass during training. Debates swirl about limits and its “agent” mode for bigger projects.
Read more on TechCrunch
Tesla’s finally rolling into India! They’ve signed a five-year lease for a showroom in Mumbai’s Bandra Kurla Complex, starting February 2025. The 4,003-square-foot space costs $446,000 in rent for the first year. After delays from regulations and infrastructure woes, Tesla’s back to spark India’s EV scene in one of the world’s hottest car markets.
Read more on TOI
Darwinbox, an Indian startup, just raised $140 million to expand its all-in-one HR SaaS platform, taking on big names like Rippling and Deel. Co-led by KKR and Partners Group, with investors like Microsoft and Sequoia, they’re targeting the U.S. market, serving over 1,000 enterprises and 3 million employees with flair!
Read more on TechCrunch
Weber Wong’s startup, Flora, launched this week, aiming to revolutionize AI tools for creatives. Unlike typical models, Flora offers an “infinite canvas” for generating text, images, and videos with real control. Targeting designers, it’s already collaborating with Pentagram. Wong’s goal? Empower artists to do 100X more, skipping the “AI slop.”
Read more on TechCrunch
Future Family, a startup based in San Francisco, has introduced Orange Shield, an IVF insurance product backed by Munich Re Ventures, which includes a money-back guarantee. For an initial payment of $3,000 and monthly installments of $999 for five months, it provides coverage for up to $50,000 in IVF expenses. If couples do not achieve success after two cycles, they receive a refund, helping to alleviate the financial and emotional stress associated with IVF.
Read more on TechCrunch
Monika Tiwari, from a farming background in Madhya Pradesh, founded Khetar in 2022 after studying at IIT Bombay. Her company introduced Rainger, a hybrid solar dehydrator to combat post-harvest losses. Khetar uses a pay-per-use model, charging Rs 6.45 per kg for processing, aimed at reducing agricultural waste while generating additional income through byproducts like aromatic water. The firm has plans to scale up, targeting Rs 4 crore by FY26, and sees S4S Technologies and Raheja Solar Food Processing as competitors.
Read more on YourStory
India’s ISRO launched its 100th mission with GSLV-F15, deploying the NVS-02 navigation satellite from Sriharikota. This mission enhances the NavIC system, now with five satellites, improving regional navigation accuracy. Union Minister Jitendra Singh celebrated this as a historic achievement, highlighting the journey from ISRO’s inception to its current success under PM Modi’s leadership.
Read more on DDNews.
SoftBank is in talks to invest $500 million in Skild AI, valuing the robotics software company at $4 billion. Skild, founded by Carnegie Mellon professors, raised $300 million last year. The AI model can adapt to various robots. Other AI robotics startups like Physical Intelligence and Figure AI have also secured substantial investments from major investors, including Jeff Bezos.
Read more on TechCrunch.
