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Source: Tech Crunch

Does Mark Zuckerberg really believe AI is ‘for everyone’?

Startups

Meta recently launched Glimmer, an open-weight AI model designed for local hardware, contrasting with its restricted Muse Spark model. Mark Zuckerberg accompanied the release with a manifesto advocating for democratized AI access. On TechCrunch’s Equity podcast, hosts Kirsten Korosec, Anthony Ha, and Rebecca Bellan analyze Glimmer and Zuckerberg's vision, while also discussing the AI industry's energy demands and a failed $250 million acquisition.

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Tagbin has built an AI platform that turns words into 3D building designs

Startups

Tagbin is taking Brixx to large enterprises first, promising faster BIM generation, cost estimation and regulatory compliance.

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Source: Tech Crunch

Apple proposes to take a 15% cut of purchases made outside the App Store

Startups

"Apple has submitted a proposal for commissions on external link purchases in iOS apps following a Supreme Court rejection of its delay request. The company proposes a 15% fee for standard apps, 5% for small businesses, and 10% for specific partner programs and subscription renewals. This move comes amid a long-standing legal dispute with Epic Games regarding anti-competitive App Store policies and the recouping of technology investments.".

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Source: Tech Crunch

Kog is going deeper to squeeze more inference out of GPUs

Startups

French startup Kog aims to accelerate AI inference on standard datacenter GPUs through deep software optimization. CEO Gaël Delalleau leverages his background in physics and cybersecurity to unlock hardware potential, targeting 30x faster LLM inference. While initial demos used small models, Kog is now focusing on larger models to attract professional users. Supported by Bpifrance and Varsity VC, the company seeks a Series A after September milestones.

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(Weekly funding roundup Aug 8-14) Tepid VC inflow but Yulu provides relief

Startups

"Indian venture capital funding dropped in the second week of August, totaling $146 million across 15 deals. The period was highlighted by Yulu raising $93 million, while Centricity and FA Gifts secured $29.3 million and $10.4 million, respectively. Weekly funding typically fluctuates between $100 million and $200 million, suggesting a struggle to maintain high capital inflows. Total annual funding may align with last year's $12.1 billion.".

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KD Cancer Centre delivers integrated, patient-centric treatment

Startups

With multidisciplinary expertise, advanced surgical treatment, and continued support, KD Cancer Centre is building a comprehensive approach to cancer care, addressing both clinical needs and the human journey behind every diagnosis. A cancer diagnosis can change the course of a person's life in a.

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Source: Tech Crunch

Hyperscalers might regret embracing natural gas if new forecast proves correct

Startups

Hyperscalers including Amazon, Google, Meta, and Microsoft are investing in natural gas power plants to meet the energy demands of AI data centers. However, research from Noreva warns that prices could triple in some U.S. regions due to rising demand and increased exports. These potential price shocks may significantly increase operational costs, potentially raising AI token prices and impacting consumer utility bills as demand surges.

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PhysicsWallah Q1 FY27 revenue jumps 24% to Rs 1,054 Cr amid Rs 88 Cr net loss

Startups

PhysicsWallah reported a 24% revenue increase to Rs 1,054 crore for Q1 FY 2026-27, driven by an 88% surge in its K-12 segment. The company narrowed its net loss to Rs 88 crore and achieved a positive EBITDA of Rs 52 crore. Despite NEET cycle volatility, offline revenue grew 14%. Strategically, the firm is exiting its lending business to focus on AI-powered learning and a lifelong education ecosystem.

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Source: Tech Crunch

US courts will start publishing how often the government uses spyware

Startups

Starting in 2029, the U.S. judiciary will begin publicly disclosing the number of judge-authorized wiretaps conducted using hacking tools and spyware. This new data, included in the annual Wiretap Report, follows years of advocacy by Senator Ron Wyden. While the statistics will only cover real-time communication interceptions rather than data extraction, privacy experts believe the move will increase government accountability and transparency regarding electronic surveillance.

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Meet the former military people who are now entrepreneurs and industry leaders

Startups

Several former Indian armed forces personnel have successfully transitioned into entrepreneurship and corporate leadership. Anthony Anish co-founded Factoryal and MyGate, while Col Sanjeev Govila launched Hum Fauji Initiatives to provide financial services for military families. Chandan Singh Rathore founded Coreshield, an AI-driven security startup, and Teja Manakame became a prominent tech executive at Dell and Curriculum Associates, applying military discipline to their careers.

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Forgotten, Fierce, Unstoppable: 10 Indian women who fought the Raj and were left out of the textbooks

Startups

Indian history textbooks often overlook the vital contributions of women during the freedom struggle. Beyond a few famous names, numerous women led rebellions, operated underground radio stations, and engaged in revolutionary violence. Figures like Matangini Hazra, Rani Gaidinliu, and Usha Mehta demonstrated immense bravery through guerrilla warfare and strategic espionage. These women played indispensable roles in challenging British colonial rule to secure India's eventual independence.

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5 Books that reveal the power of uncomfortable truths

Startups

Personal growth often stems from confronting uncomfortable truths and challenging long-held beliefs. Several influential books explore these themes: *The Courage to Be Disliked* addresses the need for approval, *Thinking, Fast and Slow* examines cognitive biases, and *The Subtle Art of Not Giving a F*ck* highlights the necessity of struggle. Additionally, *Man’s Search for Meaning* and *The Road Less Travelled* emphasize finding purpose through suffering and discipline.

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Source: Tech Crunch

Uber and Pony.ai plan to bring 2,000 robotaxis to Europe

Startups

Pony AI and Uber are expanding their partnership to deploy 2,000 robotaxis across four European cities. Under a joint-deployment model, Pony AI will provide the autonomous vehicle technology while Uber offers its ride-hailing platform. Local providers may manage fleet maintenance and charging. While specific cities and timelines remain undisclosed, the companies previously announced a commercial robotaxi service in Zagreb, Croatia, as part of their global expansion.

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Zetwerk files updated IPO papers with SEBI

Startups

Zetwerk Manufacturing Business Ltd has filed updated IPO papers with Sebi, featuring a Rs 2,600 crore fresh issue and an offer for sale of 9.68 crore shares. The company intends to use the proceeds primarily to repay debt and fund acquisitions. With FY26 revenue reaching Rs 15,913 crore, the tech-led platform operates a global manufacturing network across sectors like aerospace, defense, and renewable energy.

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India’s Biggest Startup Backer Is Hiding in Plain Sight

Startups

For a decade, the Indian government supported venture capital through a fund-of-funds model, primarily via SIDBI, to avoid direct company selection and mitigate risk. This arm's-length approach provided critical credibility and capital to the ecosystem. However, recent initiatives like the RDI and semiconductor programs signal a shift toward direct equity ownership in strategic sectors, mirroring trends in the US and China while balancing institutional discipline.

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10 Landmark books that document India's tech evolution

Startups

India has evolved into a global technology hub through ambition and innovation. A collection of ten landmark books documents this journey, detailing the rise of the IT services industry, the influence of the IITs, and advancements in telecommunications and space exploration. These works also explore digital identity systems and the transformative impact of smartphones, illustrating how technology has reshaped India's economy, governance, and daily life.

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How Fabindia sees itself at 66; Life at Tata after Chandra

Startups

Google is accelerating its Gemini AI efforts with leadership changes to compete with OpenAI. Meanwhile, Microsoft is retreating from China. In finance, Mirae Asset and Bluehill.VC are raising funds for frontier-tech startups. Honasa Consumer and Veranda Learning reported strong Q1 FY27 growth, while FirstCry reduced losses. Additionally, Tata Group considers future leadership, and Twitch faces criticism for using user content to train Amazon's AI.

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Source: Tech Crunch

Investors sue Selena Gomez alleging fraud tied to her mental health startup

Startups

"Selena Gomez and her mother are facing a lawsuit over their mental health startup, Wondermind. Investors claim they lost nearly $1.2 million, accusing Gomez of securities fraud and breach of contract. The lawsuit alleges that the company misrepresented its finances and failed to build its promised app or execute marketing plans. Plaintiffs seek to recover their investments and legal fees after allegedly being misled about the company's collapse.".

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Source: Tech Crunch

Flock says its new tool will help identify police abuse, but hasn’t explained how it works

Startups

Surveillance startup Flock has introduced new policies to prevent the abuse of its license plate reader systems. Key changes include reducing data retention to seven days and mandating an "Audit Assistance" tool to flag abnormal user activity. While Flock claims these measures increase accountability, privacy advocates and legal experts argue that the tool lacks transparency and requires independent auditing to prove its actual effectiveness against misuse.

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Source: Tech Crunch

If Apple sends you a push notification alerting you to a spyware attack, take it seriously

Startups

Apple has issued new notifications to users in 110 countries suspected of being targeted by government-used mercenary spyware. These alerts, delivered via push notifications, email, and account logins, urge users to take immediate protective actions, including enabling Lockdown Mode. Apple has now notified customers in over 150 countries. Experts from Citizen Lab highlight that these alerts are critical for uncovering surveillance abuses and securing compromised devices.

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