EducateKaro – Handpicked Tech & Startup News | Quick, Smart Summaries
Handpicked Tech & Startup News | Quick, Smart Summaries
Meta’s latest bet on AI sees it investing in Scale AI, valuing the company at over $29B. Alexandr Wang, the founder, will be joining Meta to focus on AI initiatives, with Jason Droege taking over as interim CEO. The deal boosts Scale’s innovation push and gives shareholders a payout, with Meta gaining a minority stake.
Read more on Scale
Coinbase is launching a new Amex-powered credit card for its Coinbase One members, offering 2–4% bitcoin back on purchases. Set to roll out this fall, the card includes perks via the Amex network. Coinbase also introduced a $4.99/month “Basic” subscription tier with zero trading fees (up to $500), staking boosts, and card access.
Read more on Pymnts
iOS 26 borrows heavily from Android—adding call screening, hold assist, live translations, contextual actions, and a new camera UI. While Apple won’t admit it, these features mirror Pixel and Samsung tools already out for years.
iPhone users are now gaining access to smart features that Android users have been enjoying for years.
Read more on The Verge
Ex-AppDirect co-founder Daniel Saks just raised $30M for Landbase, an AI tool that automates cold outreach using lessons from 40M campaigns. Powered by GPT-4o, it focuses on building “digital trust,” not pretending to be human. With 100+ clients and major VC backing, it’s aiming beyond tech—straight for SMBs.
Read more on TechCrunch
Meta’s AI app is turning private chats—some bizarre, some criminal—into public posts without clear warnings. From tax questions to rashes and personal data, users are unknowingly airing everything. It’s quickly becoming a privacy disaster, and Meta’s silence isn’t helping. With just 6.5M downloads, it’s more viral mess than innovation.
Read more on TechCrunch
Spain’s Multiverse Computing just raised €189M to scale “CompactifAI,” a tool that slims down open-source AI models by up to 95%. These faster, cheaper models can even run on Raspberry Pi. Backed by firms like HP and Toshiba, Multiverse now eyes global expansion.
Read more on TechCrunch
Elon Musk confirms that Tesla’s robotaxi service will begin public rides on June 22, with home deliveries starting June 28. The initial fleet of 10 will soon scale to 1,000.
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In a new TechCrunch essay, the OpenAI CEO predicts that next-gen AI models will generate truly original ideas—not just text responses.
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The Browser Company has launched Dia, a next-gen AI-powered browser currently in beta—marking a potential shift in browsing experiences.
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Axios reports Meta is planning a $14.8B investment for a ~49% share in Scale AI, prompting U.S. antitrust scrutiny over Big Tech’s AI moves.
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Apple execs admit the revamped Siri failed to meet standards at WWDC. The AI-powered assistant has been postponed to 2026 to ensure quality.
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At WWDC, Apple unveiled Liquid Glass—a sleek, transparent UI for iOS26, iPadOS26, macOS26, visionOS26 and more, alongside multitasking and spacial widget enhancements.
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After its IPO at a $1.1B valuation, Omada Health emphasizes AI as a supportive tool in chronic care—eschewing full AI automation in favor of clinical accountability.
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Nvidia CEO Jensen Huang reveals a new cloud initiative alongside Mistral, aiming to support high-performance and quantum workloads.
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Paradromics has implanted its Connexus device in a human patient, marking a key milestone in non-Neuralink brain-computer interface development.
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The Verge reports 3.5 million units sold in four days, becoming Nintendo’s fastest-selling console ever.
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Fintech unicorn CRED raised $72 million from investors like GIC’s Lathe Investment ($41M), RTP Global ($8.75M), Sofina Ventures ($3M), and Kunal Shah’s QED Innovation Labs ($19M). Valued at $3.64 billion, down 43% from $6.4 billion, CRED aims for FY26 profitability despite a 22% higher FY24 net loss of Rs 1,644 crore, with revenue up 66% to Rs 2,473 crore.
Read more on Entrackr.
Byju’s, once India’s edtech giant, sold US acquisitions Epic for $95 million to TAL Education and Tynker for $2.2 million to CodeHS, far below their $500 million and $200 million purchase prices. Approved by a US bankruptcy court, these sales reflect Byju’s efforts to navigate lender disputes, mismanagement claims, and delayed financial reporting.
Read more on Entrackr.
French AI startup Mistral, backed by Microsoft, launched its first reasoning model, Magistral, at London Tech Week 2025. Excelling in math and coding, it uniquely reasons in European languages, rivaling OpenAI’s o1 and DeepSeek’s R1. CEO Arthur Mensch says it’s a step toward multilingual AI, with plans to expand language support.
Read more on CNBC.
