Tag: tech startup

Google Cloud Partners with Rival OpenAI, Pichai Says He’s “Very Excited”

by educatekaroin News, AI, TechLeave a Comment on Google Cloud Partners with Rival OpenAI, Pichai Says He’s “Very Excited”

Google CEO Sundar Pichai says he’s “very excited” about partnering with OpenAI to provide cloud infrastructure, despite OpenAI being Google’s biggest AI rival. The deal boosts Google Cloud’s momentum, with Q2 revenue hitting $13.6B, up from $10.3B last year. While OpenAI threatens Google Search, GPU shortages pushed it to diversify beyond Microsoft and use Google’s powerful chips. Analysts remain skeptical, as this uneasy alliance could help OpenAI outpace Google in AI. Still, Google is betting big on cloud and AI, with products like Gemini reaching millions and aiming to win over more AI labs with its infrastructure edge.

Credit: TechCrunch

Trump Signs Order to Ban ‘Woke AI’, Sparks Concerns Over Free Speech in Tech

by educatekaroin News, AI, Government & Policy, TechLeave a Comment on Trump Signs Order to Ban ‘Woke AI’, Sparks Concerns Over Free Speech in Tech

Trump has signed an executive order banning “woke AI” and any AI tools with ideological bias, especially those promoting DEI values, from receiving federal contracts. The order demands AI must be “ideologically neutral” and “truth-seeking,” but experts warn it could pressure companies to align with political agendas. Elon Musk’s xAI, which promotes “anti-woke” views, may benefit most from the move. Critics argue the order enforces viewpoint discrimination and ignores the reality that true objectivity in AI is nearly impossible, especially when facts themselves are politicized in today’s polarized environment.

Credit: TechCrunch

Rocket Lab Faces Shallow Waters Hurdle for Neutron Rocket Launch Plans

by educatekaroin News, Space, TechLeave a Comment on Rocket Lab Faces Shallow Waters Hurdle for Neutron Rocket Launch Plans

Rocket Lab is racing to launch its new Neutron rocket from Virginia, but there’s one problem—shallow waters. The company asked regulators to let it use a temporary technique called “kedging” to tow oversized rocket parts through tricky channels until federal approval for dredging comes through. Without this, their September delivery deadline could slip. Despite investing millions into the MARS launch site, lack of deep-water access might delay Neutron’s 2025 debut. Rocket Lab’s workaround shows how infrastructure, not tech, could slow down the space race. They’re literally stuck waiting for permission to dig a deeper path to space.

Credit: TechCrunch

Gupshup Raises $60M to Push Conversational AI Across Emerging Markets

by educatekaroin News, AI, Apps, India, TechLeave a Comment on Gupshup Raises $60M to Push Conversational AI Across Emerging Markets

Conversational AI startup Gupshup just bagged $60 million in fresh funding—mix of equity and debt—from Globespan Capital and EvolutionX. This cash boost will power its expansion across India, the Middle East, LATAM, and Africa. Honestly, it feels like Gupshup’s timing is spot on—AI agents are no longer “cool tech,” they’re becoming essential. With products like AI chat agents, campaign copilots, and WhatsApp integrations, Gupshup’s pushing hard to lead the next wave of customer engagement. Despite past valuation dips, this move signals confidence in its growth playbook. Big bets are on AI messaging, and Gupshup wants a big slice.

Credit: YourStory

PayPal World Aims to Simplify Global Payments with UPI, WeChat & More

by educatekaroin News, Fintech, TechLeave a Comment on PayPal World Aims to Simplify Global Payments with UPI, WeChat & More

PayPal just revealed PayPal World, a global payment platform that lets users pay internationally using their local wallets—think UPI in India or WeChat Pay in China. Partnering with fintech giants like NPCI, Tencent, and Mercado Pago, this move could finally untangle the messy world of cross-border payments. Even non-PayPal users can receive money. Imagine sending UPI to a U.S. store or paying in China via PayPal—it’s that seamless. With 2 billion users in sight, this could be a game changer. Honestly, it’s about time someone made global payments feel local.

Credit: TechCrunch

Microsoft Servers Hit in Global Cyber Espionage Campaign, 100 Orgs Affected

by educatekaroin News, Cybersecurity, TechLeave a Comment on Microsoft Servers Hit in Global Cyber Espionage Campaign, 100 Orgs Affected

A massive cyber espionage attack just exposed a serious flaw in Microsoft’s SharePoint servers, hitting around 100 organizations, mostly in the U.S. and Germany. Dubbed a “zero-day” exploit, the hackers slipped in undetected using a vulnerability Microsoft hadn’t patched yet. Security experts say this could be just the tip of the iceberg, with thousands more servers still at risk. While Microsoft rushed out a fix, experts warn patching alone might not be enough. Google linked the attack to a China-based group, but the full scope remains unclear.

Credit: Reuters

Paytm Turns Profitable with Strong Q1 Boost from AI and Merchant Growth

by educatekaroin News, AI, Apps, Business, India, TechLeave a Comment on Paytm Turns Profitable with Strong Q1 Boost from AI and Merchant Growth

Paytm surprised many by clocking a ₹122.5 crore profit in Q1, a sharp rebound from its hefty ₹838.9 crore loss during the same time last year. Backed by strong merchant growth and trimmed employee costs, the company clocked ₹1,917 crore in revenue and ₹72 crore in EBITDA. What’s really driving this? Smart use of AI, disciplined spending, and deeper monetisation through device subscriptions. Financial services doubled too, hinting Paytm’s lending game is maturing. It’s early days, but this feels like more than just a lucky quarter — the full-stack strategy might finally be clicking.

Credit: YourStory

Blinkit Bets on Owning Inventory for Better Margins

by educatekaroin News, Apps, Business, India, TechLeave a Comment on Blinkit Bets on Owning Inventory for Better Margins

Blinkit, Eternal’s quick commerce arm, is shifting from a marketplace model to full inventory ownership. Instead of just listing sellers, Blinkit will now stock products itself—aiming for better margins, smoother operations, and more control. This bold move could improve availability and fill rates, but it also means higher working capital. With over 1,500 dark stores and aggressive expansion plans, Blinkit’s eyeing profitability. Margins improved slightly this quarter, and leadership seems confident. It’s a risky play in a cutthroat space, but owning the supply chain might just give Blinkit the edge it needs.

Credit: YourStory

Anduril Alums Raise $24M to Fix Military Logistics Mess

by educatekaroin News, AI, Funding, TechLeave a Comment on Anduril Alums Raise $24M to Fix Military Logistics Mess

In a fresh twist to Silicon Valley’s defense-tech play, Anduril alums David Tuttle and Peter Goldsborough have raised $24 million to drag military logistics out of the spreadsheet era. Their startup, Rune Technologies, is building TyrOS — a deep tech logistics platform that works even on a jungle laptop, predicting supply needs and optimizing military resources. Unlike flashy weapons firms, Rune focuses on the boring (but vital) backend of war. With backing from a16z and Palantir execs, this AI-powered tool might just be the invisible backbone of future warfare.

Credit: TechCrunch

Figma’s Big IPO Move: What’s Cooking Behind the Scenes?

by educatekaroin News, IPO, TechLeave a Comment on Figma’s Big IPO Move: What’s Cooking Behind the Scenes?

Figma’s finally hitting the public markets and aiming to bag nearly $1 billion through its IPO. They’re putting up 36 million shares, with a price range of $25 to $28 each. If things land around the middle, the company could be valued at about $15.9 billion — not quite Adobe’s failed $20B buyout price, but still a strong comeback from its earlier $12.5B private tag. With this IPO, it’s not just cashing out — it’s sending a message: real utility in design tech is here to stay.

Credit: TechCrunch

New Article: OpenAI Releases GPT-OSS 20B: Expanding the Reach of Open-Weight AI

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