Groww Quietly Moves Toward IPO with $7–8 Billion Valuation Target

Groww has discreetly initiated its IPO journey under SEBI’s pre-filing method, signaling plans to go public. The fintech firm, last valued at $3B, is eyeing a $7–8B IPO valuation amid turbulent market conditions. Despite investor pullback across brokerages, Groww’s revenue surge and recent funding round position it as one of India’s most anticipated fintech listings.

Read more on: Moneycontrol

Elon Musk’s Grok AI Faces Scrutiny Over Alleged Use in Federal Agencies

Elon Musk’s DOGE team is reportedly deploying a customized version of Grok, his AI chatbot, within U.S. government departments. Sources claim it’s being used to analyze federal data, raising concerns over potential legal and ethical violations. Experts warn this could risk data privacy, trigger conflicts of interest, and give Musk’s xAI unfair access to sensitive government systems.

Read more on: The Hindu

Acer Unveils Powerful AI Devices at Computex 2025

Acer stole the spotlight at Computex 2025 with its new AI-powered Swift, Aspire, and Predator series. Key highlights include laptops with Intel and AMD AI chips, RTX 5070 GPUs, 3K OLED displays, and Copilot+ features. Acer also introduced AI tablets and wearables, signaling a bold leap into AI-driven personal computing.

Source: Techlusive

Valve’s Gabe Newell Reveals Brain-Computer Interface Startup Starfish, First Chip Coming in 2025

Valve co-founder Gabe Newell’s secret BCI startup, Starfish Neuroscience, plans to launch its first brain chip by late 2025. Unlike Neuralink, it focuses on low-power, multi-region brain access without a battery. The startup also explores tumor-targeting tech and robotic TMS therapy—hinting at long-term potential for both medical and gaming brain-computer interface applications.

Source: The Verge

Nvidia Unveils Cheaper AI Chip for China Amid U.S. Export Restrictions

With the U.S. tightening its grip on advanced chip exports to China, Nvidia is taking a new approach—launching a scaled-down AI chip that stays within regulatory limits but keeps the company in play. Slated for mass production in June, the new GPU reflects both strategic compromise and market survival.

Source: EconomicTimes

France’s Mistral AI Aims High with Le Chat and $6B Valuation — But Can It Compete Globally?

Mistral AI is emerging as Europe’s boldest contender in the AI race, with a $6 billion valuation, heavy government backing, and growing adoption of its AI assistant, Le Chat. But can the French startup turn buzz into global influence?

Source: TechCrunch

Google I/O 2025 Recap: AI-Powered Search, Gemini Upgrades, Android XR, Google Beam & More

Google’s annual I/O 2025 keynote didn’t disappoint, unleashing a flood of AI innovations and fresh updates across Search, Android, productivity tools, and futuristic hardware. From real-time language translation to AI-powered video creation, here’s a smart rundown of everything worth knowing from the keynote stage.

Source: Engadget

Google DeepMind CEO Warns: AI Will Disrupt Jobs—Teens Must Master It Now

As the world races into an AI-powered era, Google DeepMind CEO Demis Hassabis has a clear message for Gen Alpha: start learning AI now—or risk falling behind. Speaking at Google I/O and on the “Hard Fork” podcast, Hassabis stressed the urgent need for young people to equip themselves with both technical and cognitive skills to thrive in a rapidly evolving landscape.

Source: India Today

Naukri.com Fixes App Bug That Exposed Recruiter Emails, Raising Phishing Concerns

India’s leading job portal, Naukri.com, has patched a serious vulnerability in its mobile apps that inadvertently revealed recruiter email addresses — a flaw that could have opened the door to phishing attacks and data misuse. The issue, however, did not affect the website version.

Source: TechCrunch

Builder.ai Collapses After $1.3B Hype: AI Promise or PR Mirage?

Once hailed as a revolutionary low-code platform backed by Microsoft and QIA, Builder.ai promised to make app development as simple as ordering pizza. But behind the polished pitch lay a fragile reality — one driven more by human coders in India than by any real artificial intelligence. In May 2025, the billion-dollar startup filed for bankruptcy, raising urgent questions about “AI washing” in tech.

Source: FinancialExpress

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