๐ฅ Check out this trending post from TechCrunch ๐ ๐ **Category**: Fintech,Startups,General Catalyst,Peak XV Partners,Scapia,Z47 ๐ **What Youโll Learn**: Scapia, an Indian startup that combines travel booking, co-branded credit cards and mobile payments, has raised $63 million in a funding round led by General Catalyst, with participation from existing investors Peak XV Partners and Z47. The deal comes despite a broader slowdown in fintech deal-making. The values โโof the full equity round give the startup a post-money valuation of more than $500 million, according to a source familiar with the matter, more than doubling its valuation from about $200 million…
๐ฅ Read this insightful post from TechCrunch ๐ ๐ **Category**: Apps,esim,travel,Truecaller ๐ **What Youโll Learn**: Caller ID company Truecaller has launched eSIM services for travellers. The launch comes as the company aims to strengthen its balance sheet and diversify the business amid declining advertising revenues. The company said its plans will range from 1GB over 7 days to 20GB over 30 days. Initially, the launch will make the eSIM product available in 29 countries. The list includes Italy, Sweden, Spain, France, Germany, Poland, Portugal, Romania, Netherlands, Belgium, Ireland, Austria, Finland, Czech Republic, Denmark, Hungary, United States, United Kingdom, Australia, Canada,…
๐ฅ Read this awesome post from TechCrunch ๐ ๐ **Category**: AI,Anthropic,colossus,data centers,SpaceX,xAI ๐ **What Youโll Learn**: Earlier this month, Anthropic surprised the AI โโworld with a deal to buy the equivalent of 300 megawatts of computing power, securing full production for its Colossus 1 data center near Memphis, Tennessee. It turns out that computing at this scale isn't cheap. Anthropic will pay xAI $1.25 billion per month through May 2029, at a reduced rate for the first two months as xAI completes its ramp-up. All told, the deal could net XAI more than $40 billion in revenue. Details of the…
๐ฅ Discover this awesome post from TechCrunch ๐ ๐ **Category**: Startups,Biotech & Health,Venture,biotech ๐ก **What Youโll Learn**: Biotech company Imperagen on Thursday announced a ยฃ5 million ($6.7 million) seed round led by PXN Ventures, with participation from IQ Capital and Northern Gritstone. The company was founded in 2021 by Manchester Institute of Biotechnology scientists Dr Andrew Coren, Dr Tim Eyes and Dr Andy Almond, and spun out of the university. The startup seeks to improve enzyme engineering by making it faster, more efficient, and less expensive than the slower, more physical, trial-and-error-focused process now used. Imperagen uses three key technologies…
โจ Read this insightful post from Hacker News ๐ ๐ **Category**: โ
**What Youโll Learn**: OpenAI is preparing to confidentially file a draft of its IPO prospectus as soon as Friday, as the company gears up for what could be one of the largest public markets debuts in history, CNBC confirmed on Wednesday.The artificial intelligence company, which is valued at more than $850 billion by private investors, is working with banks including Goldman Sachs and Morgan Stanley to prepare to file in the coming days or weeks, according to a source familiar with the matter who asked not to be…
๐ฅ Explore this insightful post from TechCrunch ๐ ๐ **Category**: AI,Climate,air pollution,data centers,Elon Musk,natural gas,SpaceX,spacex ipo,spacexai,xAI ๐ก **What Youโll Learn**: Elon Musk's xAI company has found itself in hot water over its use of polluting generators at its data center near Memphis, Tennessee. And now you want to buy more of them. In SpaceX's IPO filing, released on Wednesday, the company said its xAI division will purchase another $2.8 billion worth of turbines for AI infrastructure over the next three years. One deal, worth $2 billion, is specifically for mobile gas turbines, the type it is currently being sued over.…
๐ Read this awesome post from Hacker News ๐ ๐ **Category**: ๐ก **What Youโll Learn**: The Haskell Foundation has been at the center of a flurry of changes, all of which Iโd like to share with the community today. First, Josรฉ, our executive director for the past few years, has decided to step away from his role in June 2026. Josรฉ has been the longest-serving executive director at the Haskell Foundation, spending his time interacting with and supporting the community in many ways, often away from public view. Through personal sacrifices, Josรฉ has allowed the Haskell Foundation to survive some…
๐ฅ Discover this must-read post from TechCrunch ๐ ๐ **Category**: AI,Space,Elon Musk,Grok,SpaceX,spacex ipo,X โ
**What Youโll Learn**: Elon Musk's xAI company lost $6.4 billion from operations on just $3.2 billion in revenue in 2025, according to SpaceX's IPO filings. And the losses are about to increase. SpaceX's filing reveals plans to scale Grok to "several trillion parameters," a significant boost that would likely require significant additional computational spending. Elon Musk merged his artificial intelligence company xAI - which previously acquired his social media platform X (formerly Twitter) - with his rocket and satellite company SpaceX in February before announcing that…
๐ Discover this awesome post from Hacker News ๐ ๐ **Category**: ๐ก **What Youโll Learn**: Enterprise software giant Intuit is letting 17% of its staff go, or about 3,000 people, as it seeks to divert resources toward baking AI into its products, Reuters reported, citing an internal memo sent to employees. The memo by CEO Sasan Goodarzi said the layoffs are meant to reduce complexity by simplifying the companyโs corporate structure and help it focus on AI efforts, according to Reuters. The company, which makes accounting, tax, and personal finance software like TurboTax, QuickBooks, and Credit Karma, had 18,200 employees…
๐ Discover this awesome post from TechCrunch ๐ ๐ **Category**: AI,Enterprise,TC,cpus,nvidia ๐ก **What Youโll Learn**: Nvidia founder and CEO Jensen Huang is perhaps one of the greatest corporate hype men of all time when it comes to his company. He may also beat Salesforce's Marc Benioff when it comes to continued optimism about his company's future and revenues. However, it lives up to the hype quarter after quarter. Instead of warning you not to be skeptical by announcing that he found "a new $200 billion TAM for Nvidia," I think he gained a little confidence. Huang puts this huge new…
