Nandan Nilekani leaves GP role at Fundamentum as it launches $200M third fund
Nilekani remains Fundamentum’s anchor investor as the firm expands its leadership team and targets AI and fintech startups in India.
The Download: Google’s AI shake-up and Meta’s rogue model
This is today’s edition of The Download, our weekday newsletter that provides a daily dose of what’s going on in the world of technology. Google’s AI empire is being reshaped. Here’s what’s changed. After a wave of painful losses in the tech talent wars, delays to its next flagship model, and murmurings of poor morale,…
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Four nuclear reactors hit a big milestone in the US
I was really looking forward to July 4, and not just because I love a poolside barbecue. This year the American holiday also marked a big symbolic deadline for US nuclear power. Last year the Trump administration set a goal to see three new microreactors achieve criticality, a technical milestone establishing that a reactor can…
Truecaller clashes with India’s telecom regulator over anti-spam rules
The caller ID company says users are increasingly ignoring and blocking calls from India’s dedicated business number series.
Despite ‘misgivings,’ judge approves Elon Musk’s $1.5 million SEC settlement
The saga of Musk’s tussle with the SEC over how he disclosed his growing stake in Twitter (now called X) has come to an end.
Lovable reportedly in talks to double its valuation to $13.2B
The $300 million round is expected to be led by Menlo Ventures, Sifted reported.
Feds demand autonomous vehicle companies stop interfering with first responders
The National Highway Traffic Safety Administration said emergency scenes are not “edge cases.”
Google’s deepfake detector system used to debunk McConnell hoax pic
Earlier this week, a picture that seemed to show Kentucky Senator Mitch McConnell covered in tubes in a hospital bed in a state of extreme distress. It turned out to be an AI-generated fake.
With EU backing, QuantumDiamonds aims to speed up chip manufacturing
The race to produce more chips is on, and Europe is in. ASML, the Dutch company that has a near-monopoly on manufacturing the machines used for chipmaking, may soon no longer be an isolated success story. Like its U.S. counterpart, the European Chips Act aims to foster the semiconductor industry — in part thanks to […]
Autonomous drone delivery startup Manna plots major US expansion
Manna is launching a U.S. operations and manufacturing facility in Tulsa, Oklahoma that will eventually employ 1,000 people.
Why the Hidden, Made-Up Rules Nobody Made Are Killing Your Company
As businesses grow, unofficial “made-up rules” often become accepted policy without leadership’s approval. These unnecessary processes create friction, slow operations, frustrate employees and hurt the customer experience. Removing them restores efficiency and agility.