EducateKaro – Handpicked Tech & Startup News | Quick, Smart Summaries
Handpicked Tech & Startup News | Quick, Smart Summaries
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.
OpenAI Reaches $10 Billion in Annual Revenue with ChatGPT Surge OpenAI has achieved $10 billion in annual recurring revenue, nearly doubling last year’s $5.5 billion, driven by ChatGPT’s consumer and business products plus its API. Despite a $5 billion loss, the company eyes $125 billion by 2029. Boasting 500 million weekly active users, OpenAI’s $40 billion funding round underscores its immense potential for expansion.
Read more on CNBC.
At WWDC 2025, Apple introduced iOS 26, showcasing a captivating Liquid Glass design with transparent, shimmering effects. A new naming scheme uses the year for iOS, macOS, and more. A dedicated Games app, AI-powered features, and updates to CarPlay, AirPods, and Apple Wallet enhance user experiences, while visionOS and watchOS get sleek redesigns.
Read more on TechCrunch.
Lenskart is finalizing a deal to acquire a majority stake in GeoIQ, a geospatial data startup it previously backed. Valued at $15–20 million, the move comes ahead of Lenskart’s $1B IPO. GeoIQ, known for its location-based consumer insights, already serves top brands like Zepto, Swiggy, and HUL. Most early investors are expected to exit.
Read more on: Entrackr
Apple’s Worldwide Developers Conference 2025 (WWDC 2025) starts Monday at 10 a.m. PT. Expect fresh updates across iOS, iPadOS, macOS, watchOS, tvOS, and visionOS—plus a possible design overhaul for better cross-device consistency. A new gaming app, AirPods features, and an AI-powered coding tool in Xcode (possibly with Anthropic) are also rumored.
Read more on: TechCrunch
Watch on: Apple Event
Axiom Space will launch its fourth ISS mission, Ax-4, on June 10, marking the company’s first break-even flight and a symbolic return to human spaceflight for India, Poland, and Hungary — each sending an astronaut. CEO Tejpaul Bhatia views the mission as both a celebratory milestone and progress toward Axiom’s vision of creating a private space station. Despite recent uncertainty from a Trump–Musk clash, Bhatia stressed that the future of space now lies with entrepreneurs, not governments.
Read more on: TechCrunch
Apple’s bold AI promises from last year’s WWDC have yet to fully land. Delays in launching personalized Siri and tools like Swift Assist have left both users and developers underwhelmed. With rising pressure from rivals and new App Store fee rulings, Apple must now prove it can deliver real, useful AI—fast—or risk falling behind.
Read more on: TechCrunch
Meta is reportedly eyeing a massive $10B+ investment in Scale AI—making it one of the largest private tech deals ever. Scale, which powers Microsoft and OpenAI with clean training data, could soon hit a $25B valuation. The deal reflects Meta’s growing AI ambition, especially in defense, as it partners with Scale on military AI tools like “Defense Llama.”
Read more on: Bloomberg
Brad Menezes, CEO of Superblocks, believes studying system prompts—those long, specific instructions used by AI startups—can inspire the next unicorn. As part of a new product launch, he shared 19 such prompts, showing how role, context, and tool instructions shape AI behavior. His insight? The real magic is in the infrastructure built around the prompt.
Read more on: TechCrunch
Omada Health Soars 21% on Nasdaq Debut, Opening at $23 Following $19 IPO Pricing. The virtual chronic care startup raised $150M by selling 7.9M shares, now trading under “OMDA.” With revenue up 57% YoY, Omada joins a small wave of healthtech IPOs, following Hinge Health. Backed by a16z and Fidelity, the company is now valued over $1B.
Read more on: CNBC
