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Source: Tech Crunch

Reddit begins testing a new audio and video experience, similar to popular TikTok videos

Startups

Reddit is testing a new "video Reddit" experience, allowing users to listen to viral stories via audio and video posts on iOS and Android. Inspired by trends on TikTok and Reels, the limited English-language trial lets users choose between reading or playing content. These formats will complement, not replace, original text posts and comments, aiming to provide a more flexible way for users to consume Reddit content.

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Source: Tech Crunch

Sound-powered fire protection startup gets $15M to snuff out fires before they turn catastrophic

Startups

Sonic Fire Tech has raised $15 million to develop an acoustic fire suppression system that uses infrasonic waves to extinguish fires without water or chemicals. This technology aims to eliminate collateral damage and reduce restoration costs, particularly in commercial kitchens and homes. The Ohio-based startup is seeking National Fire Protection Association approval and is discussing potential premium discounts with the insurance industry to accelerate adoption.

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Source: Tech Crunch

YouTube will now count a view as soon as a video starts playing

Startups

"YouTube is updating its view-counting method on August 24, counting a view as soon as a video starts playing. This aligns the platform with rivals TikTok and Instagram. While public view counts may rise, creators can still access 'Engaged views' via Analytics. Additionally, YouTube is raising monetization thresholds for new creators next year, requiring 8,000 watch hours or 20 million Shorts views to begin earning money.".

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Source: Tech Crunch

Feedly attributes weeklong slowdown to bug, not its AI pivot

Startups

Feedly, the world's largest standalone RSS reader with 15 million users, has faced significant technical issues, including a slow web app and iOS malfunctions. Some paying subscribers report ignored support requests amid the company's pivot toward AI-driven intelligence. CEO Edwin Khodabakchian stated that RSS remains a priority, noting that a fix for the web app's performance bug was released Friday while iOS issues are being investigated.

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Source: Tech Crunch

Amazon, once an online bookseller, is destroying rare books to train AI models

Startups

Amazon is acquiring rare books and scanning them for AI training, according to a report by 404 Media. The company reportedly cuts off book spines at a Las Vegas facility to digitize content for its large language models. Amazon states these purchases improve its services. Rare, out-of-print texts are highly valuable because they ensure training data is human-authored, helping the company avoid the risk of model collapse.

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Source: Tech Crunch

Groq raises $350M to fuel its pivot from AI chips to neocloud

Startups

Startup Groq raised $350 million, valuing the company at $3.5 billion as it pivots from an AI chipmaker to a neocloud provider. After losing key talent to Nvidia, Groq shifted from developing its own LPUs to operating Nvidia-powered infrastructure. The company aims to scale its capacity to over 200 megawatts by 2027, focusing on AI inference services for millions of developers and enterprises worldwide.

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Source: Tech Crunch

Nvidia investing $1.5B in SoftBank data center developer behind OpenAI project

Startups

"Nvidia is investing $1.5 billion in SB Energy, a data center venture with SoftBank and OpenAI, securing its role as the sole compute infrastructure supplier for the Ports-Pike facility in Ohio. Nvidia will also provide up to $105 billion in credit. The project includes a $33 billion, 9.2 gigawatt natural gas power plant on former Department of Energy land, amid rising construction costs and potential gas price spikes.".

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Source: Tech Crunch

WordPress.com targets the next generation of web creators with a free student plan

Startups

"Automattic has launched WordPress.com Education, a free suite for teachers and students designed to integrate website building into the classroom. The program provides students with full domains, plugin support, and 6GB of storage for their first year. By targeting educational institutions, Automattic aims to train future web professionals and reach underfunded schools. A pilot program involving 5,000 students showed significant improvements in employability and entrepreneurial capacity.".

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5 Books that explain why we compare ourselves with others

Startups

Human comparison is a natural psychological habit that often leads to anxiety and diminished self-worth. Five influential books—The Social Animal, The Happiness Trap, The Gifts of Imperfection, Stolen Focus, and Mindset—explore the roots of this behavior. These works analyze social influences, digital pressures, and mindset shifts, offering strategies to move from external competition toward personal growth, authenticity, and a value-driven life.

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Startup news and updates: daily roundup (August 17, 2026)

Startups

API Holdings became debt-free after repaying Rs 1,050 crore, while QpiAI opened Asia's largest quantum chip foundry in Bengaluru. Swiggy introduced Guru, an AI assistant for restaurants, and Per Annum saw its AUM surge to Rs 1,400 crore. Other highlights include Aum Ventures' DeepSpark 2.0 launch, Cognizant's Talent Accelerator program, and a joint venture between Voltas and Atomberg to manufacture high-efficiency AC compressors in India.

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Indian deeptech investments reach $11.4B: Report

Startups

The Bharat DeepTech Report 2026 reveals that India's deeptech sector secured $11.4 billion in funding from 2015 to mid-2026. AI leads investment, while semiconductors and spacetech show rapid growth. Despite milestones and government support via the RDI Fund, the sector faces a "valley of death" in early-stage research and a Series B/C funding gap. Addressing these hurdles is essential for building globally competitive indigenous innovation.

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Source: Tech Crunch

Uber adds Zipline drones to its Eats delivery network

Startups

Uber is partnering with and investing in drone delivery startup Zipline to integrate its technology into the Uber Eats platform. The companies aim to achieve one million daily deliveries by 2029, with initial launches starting this year in existing Zipline markets before expanding to dozens of U.S. cities. This move aligns with Uber's broader strategy of partnering with autonomous vehicle providers to drive growth through quick commerce.

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Source: Tech Crunch

Wispr raises $280M at $2B valuation as it looks beyond dictation

Startups

"Wispr, an AI dictation startup, raised $280 million in Series B funding led by Menlo Ventures, reaching a $2 billion valuation. The company plans to expand into meeting notes and improve speech accuracy with its new Canto model. Wispr is also scaling globally, partnering with hardware makers, and launching Interface Labs to explore human-computer interaction, all while facing increased competition from various AI dictation and note-taking apps.".

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Source: Tech Crunch

Crypto hardware wallet owners face fresh security risks after recent spate of personal data thefts

Startups

Data breaches at shipping partners of Trezor and SafePal have exposed personal information of hardware wallet users, increasing the risk of targeted phishing and physical "wrench attacks." While the wallets remain secure, leaked addresses enable criminals to steal seed phrases through force. Separately, a code vulnerability in Coldcard wallets allowed hackers to predict seed phrases, resulting in over $130 million in stolen cryptocurrency from the blockchain.

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India Has One Demographic Cycle Left: A Blueprint to Turn Youth Unemployment into 10 Lakh New Entrepreneurs

Startups

The proposed National Entrepreneurship Mission aims to create 10 lakh new enterprises and up to 36 lakh jobs over five years. Written by Shradha Sharma, the framework focuses on connecting existing government schemes rather than adding new expenditures. Key initiatives include an Entrepreneurship Passport, district opportunity maps, and mandatory mentorship. By integrating fragmented systems and verifying outcomes via GST and EPFO, India seeks to address critical youth unemployment.

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API Holdings is debt-free, repays Rs 1,050 Cr

Startups

"Digital healthcare platform API Holdings, the parent company of PharmEasy and Thyrocare, has become debt-free after repaying Rs 1,050 crore. The company funded this repayment through internal accruals and the sale of a 9.90% stake in Thyrocare Technologies by its promoter, Docon. Consequently, Docon's remaining 51.02% stake is now unencumbered. API Holdings now aims for profitable growth and disciplined execution across its healthcare businesses.".

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Beyond hiring: How Myntra is building longer-term careers for women in tech

Startups

Myntra is enhancing its technology-first approach by creating sustainable career paths for women in engineering, product, and data roles. CHRO Govindraj MK highlighted initiatives like the Phoenix returnship program, Ascend leadership pathways, and the Women in Tech platform. These efforts aim to increase female representation in senior leadership and adapt to an AI-led environment by focusing on continuous learning, mentorship, and structured support systems.

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​Festive season hiring expected to generate up to 2.7 lakh gig jobs: Report

Startups

Adecco India reports that festive season temporary staffing demand will generate 2.5-2.7 lakh jobs, growing 15-20% year-on-year. Key sectors include ecommerce, logistics, retail, and BFSI. While Tier II and III cities drive 45% of demand, Tier I cities face a 30% talent crunch. Despite rising wages and strong demand for operational roles, 80% of employers report talent shortages, with a 10-15% demand-supply gap expected.

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Ola Electric unveils full-stack energy storage portfolio from home to grid

Startups

Ola Electric has launched its 'Shakti' energy storage portfolio, utilizing indigenous LFP battery technology to provide clean energy solutions. The range includes Shakti Gen2 for residential use, with deliveries starting November 2026, and Shakti Rack for commercial applications available by March 2027. Additionally, the Mahashakti line targets industrial and utility-scale storage. This expansion leverages the company's Gigafactory to offer scalable energy storage from homes to grids.

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How a Kashmir agri university became J&K's most unlikely startup engine

Startups

Under Vice Chancellor Prof Nazir Ahmad Ganai, SKUAST-Kashmir has transformed into a hub for innovation and entrepreneurship. The university now leads the Rs 5,013 crore Holistic Agriculture Development Programme and operates the award-winning SKIIE startup incubator. Key milestones include launching India's first BTech in AI in Agriculture and creating "Tarmeem," India's first gene-edited sheep. These advancements have propelled SKUAST-K to rank third among State Agricultural Universities.

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