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Scarcity in the age of AI: Why human value is rising

Startups

While many fear AI-driven job displacement, Durga Prasad Kakaraparthi argues that AI abundance makes human skills more valuable. By automating routine tasks, AI increases the scarcity and premium of human judgment, trust, and accountability. Similar to how digital art enhanced the value of hand painting, AI will elevate roles focused on high-level problem solving. Professionals must evolve their skills to leverage AI and remain competitive.

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CCI junks complaint against Eternal over Zomato platform fee, pricing practices

Startups

The complainant had alleged that the difference arose due to inflated menu prices, delivery charges, platform fee and taxes.

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NCLT stays Byju's bidding process till next hearing

Startups

The National Company Law Tribunal has ordered the resolution professional of Think & Learns, owner of edutech brand Byju's, to halt the Form G bidding process until August 31, 2026. This decision follows a challenge by founders Byju and Riju Ravindran regarding a massive claim by GLAS Trust Company LLC. The founders argue that the claim's size unfairly influences the insolvency process and the final bidding outcome.

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How meaning helps us endure life's toughest challenges

Startups

Based on Viktor Frankl's insights, the capacity to endure hardship depends more on finding meaning than on external circumstances. While purpose does not eliminate pain, it enhances resilience and mental health by reframing adversity. Individuals can cultivate meaning by clarifying values, setting purposeful goals, and fostering relationships. Although structural barriers remain, linking actions to a larger purpose transforms endurance into a coherent life direction.

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Infosys names new CEO; Helping small farmers earn more

Startups

Amazon is integrating AI into Prime Video and expanding Indian export capabilities. Google faces a €890 million EU fine and introduces new account recovery features. Space experts warn against orbital data center pollution. Infosys appointed Ashiss Kumar Dash as CEO designate amid strong AI-driven growth. Additionally, Tesla reported weak earnings, oil prices rose following Houthi attacks, and Spudnik Farms expanded its sustainable agriculture model in India.

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The future of Bharat’s economy is being built beyond cities

Startups

India's economic growth is increasingly driven by rural areas and small towns, with the digital economy projected to reach nearly 20% of GVA by 2029-30. While digital infrastructure like UPI enables access, sustainable inclusion requires assisted models to overcome gaps in trust, literacy, and continuity. By combining technology with local human support and increasing women's participation, India aims for inclusive, sustainable growth across its villages.

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Source: Tech Crunch

How AI guardrails are impeding the work of offensive cybersecurity researchers

Startups

AI companies like Anthropic and OpenAI have implemented strict guardrails to prevent malicious cyberattacks, but these restrictions are hindering legitimate cybersecurity researchers and network defenders. Critics argue that the same tools used for offensive probing are essential for defensive patching. Consequently, some professionals are turning to open-source or foreign AI models, warning that over-sanitization may stifle U.S.-based defensive efforts against future large-scale AI-driven attacks.

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Source: Tech Crunch

Meet the judges who will crown Australia’s next breakout startup

Startups

TechCrunch Startup Battlefield is coming to Australia — and we're partnering with Stripe to find the country's most exciting early-stage startups.

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Source: Tech Crunch

Mobileye CEO Amnon Shashua to step aside as company pushes into robotaxis, robotics

Startups

"Mobileye founder and CEO Amnon Shashua will step down after nearly three decades, remaining in his role until a successor is hired. Under his leadership, the company evolved from a chip supplier into an autonomous driving pioneer. Mobileye is now transitioning toward "Mobileye 3.0," focusing on humanoid robotics and a planned 2027 U.S. robotaxi launch, following the $900 million acquisition of Mentee Robotics and partnerships with Volkswagen.".

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Source: Tech Crunch

AMD takes on Nvidia with its Helios AI rack scale system

Startups

AMD has unveiled Helios, a high-performance rack-scale AI system designed to compete with Nvidia's dominance in the data center market. Targeting the world's largest AI labs, the system has already secured major customers including Microsoft, Meta, and OpenAI. Additionally, AMD introduced the Venice-X CPU for 2027. CEO Lisa Su predicts the AI accelerator market will reach $1.4 trillion by 2030, fueled by agentic AI demands.

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Source: Tech Crunch

Patreon lays off off 20% of its workforce

Startups

In a memo to staff that was posted online, Conte the company's core business is strong, but that the platform has to respond to market changes and adjust its cost structure to remain stable.

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Source: Tech Crunch

Insurance startup Corgi reportedly raised more money at $4B — its third round in eight weeks

Startups

Corgi, an AI-powered insurance startup, is reportedly raising a B2 funding round that would double its valuation. Following a rapid sequence of raises since January, the company's valuation jumped from $1.3 billion to $2.6 billion in May. Corgi expects its annualized revenue run rate to reach $450 million by year-end. Beyond insurance, the firm operates data room software and 24-hour coffee shops in San Francisco and Atlanta.

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Source: Tech Crunch

Tesla’s door handles may spur new U.S. safety rules

Startups

U.S. regulators are developing new safety requirements to ensure drivers and passengers can exit vehicles safely. The National Highway Traffic Safety Administration initiated this process following reports of people becoming trapped in cars with electronic door handles, particularly Tesla models. While NHTSA declined a specific defect investigation, new rules could apply to all automakers. Tesla and Rivian are already working on redesigning their door handle systems for better accessibility.

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Source: Tech Crunch

Meta drops out of a major clean energy pact as its natural gas buildout accelerates

Startups

Meta has exited the RE100 renewable energy initiative after a decade of membership. This departure follows the company's decision to fund at least a dozen natural gas power plants to support its AI data centers, including a massive project in Louisiana. While Meta maintains its commitment to 100% renewable energy through annual matching certificates, the shift toward fossil fuels contrasts with the more stringent goals of the nonprofit group.

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Source: Tech Crunch

Anthropic updates Claude voice mode with more capable models

Startups

Anthropic has updated Claude's voice mode, allowing users to select from Opus, Sonnet, and Haiku models for more complex tasks. Unlike OpenAI's version, Claude can now integrate with apps like Gmail, Slack, and Notion to manage schedules and draft documents. The beta update includes multilingual support and is available to all users, though free accounts face model and app connectivity restrictions.

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Source: Tech Crunch

AegisAI, founded by former Google security execs, lands $36M to stop AI-driven spear phishing

Startups

Hackers are increasingly using AI to launch sophisticated spear-phishing attacks that bypass traditional security systems. To combat this, former Google security executives launched AegisAI, a startup utilizing AI agents to detect subtle anomalies in emails. The company recently raised $36 million in Series A funding, bringing its total capital to $49 million. AegisAI aims to replace legacy tools and eventually expand its defense capabilities into broader data security.

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Source: Tech Crunch

US government says Iran-linked hackers are disrupting American water and energy providers

Startups

"U.S. federal agencies, including the FBI and CISA, are warning that Iranian state-backed hackers are targeting industrial control systems at American water and energy providers. By exploiting internet-connected networks, these actors manipulate data and disable critical safety alarms to cause disruptions. This activity, likely linked to regional conflicts, targets systems from Rockwell, Siemens, and Schneider Electric, prompting urgent calls for critical infrastructure owners to secure their networks.".

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Source: Tech Crunch

Runway bets on AI model routing as generative media gets crowded

Startups

Runway no longer wants to be just another AI model company. It wants to become the infrastructure layer for generative media. On Thursday, the startup launched Runway Media Router through Runway Dev, its developer platform, released earlier this month, that provides API access to a growing roster of third-party image, video and audio models alongside […].

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Source: Tech Crunch

OpenAI makes ChatGPT Health available to all U.S. users

Startups

"OpenAI is launching ChatGPT Health for all U.S. users over 18, allowing integration of medical records from platforms like Apple Health and Epic. Users can now access health insights within general chat. Despite improving model performance via GPT 5.6-Luna, OpenAI maintains that the tool is not for medical diagnosis. This rollout follows a lawsuit over dangerous advice and coincides with similar efforts from Google and Anthropic.".

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Source: Tech Crunch

Tesla’s robotaxis are moving in reverse

Startups

Tesla's Robotaxi network experienced a 36% decline in paid miles during the second quarter, dropping to 700,000 from 1.1 million. This downturn, alongside weakening core profits, contributed to a 13% stock plunge. CEO Elon Musk attributed the slow scaling to the need for specific data for the new Cybercab. While shifting focus toward safety and data accumulation, Tesla continues to promote its camera-only autonomy system.

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