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Anthropic updates Claude voice mode with more capable models

Startups • Ivan Mehta

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

Startups • Julie Bort

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

Startups • Kirsten Korosec

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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Commerce Ministry Exempts Exports From FDI Restrictions

Business • Team Inc42

India's commerce ministry has relaxed foreign direct investment rules, permitting FDI in B2B e-commerce and marketplace models for exports. While restrictions persist for domestic B2C and inventory-based platforms, giants like Amazon and Flipkart can now purchase products from Indian sellers for overseas resale. This policy shift supports the government's goal of reaching $200-$300 billion in e-commerce exports by 2030, facilitating greater global market access for domestic producers.

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

Startups • Tim De Chant

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

Startups • Marina Temkin

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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Fractal Q1: Profit Zooms 92% YoY to ₹72 Cr, Revenue At ₹913 Cr

Business • Team Inc42

AI and advanced analytics firm Fractal reported a nearly 92% year-on-year increase in profit after tax, reaching ₹72.3 crore in Q1 FY27 compared to ₹37.7 crore previously. Revenue from operations grew approximately 20% to ₹912.5 crore from ₹760.5 crore in Q1 FY26. However, the bottom line declined 37.6% sequentially. Expenses also rose by nearly 17% to ₹755.6 crore during the quarter ending June 2026.

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

Startups • Zack Whittaker

"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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Runway bets on AI model routing as generative media gets crowded

Startups • Rebecca Bellan

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

Startups • Ivan Mehta

"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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Tesla’s robotaxis are moving in reverse

Startups • Sean O'Kane

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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Meta launched a new AI optimism ad set to a song about human extinction

Startups • Amanda Silberling

Meta's new AI advertisement promotes a positive future but inadvertently uses David Bowie's "Five Years," a song about human extinction. This contradiction highlights a perceived disconnect between tech leaders and the cautionary themes of the humanities. Similar promotional missteps by Anthropic further illustrate the struggle of AI companies to shape public perception, as Pew research indicates that most Americans remain skeptical about AI's long-term societal impact.

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Google will now let you sign in to your account with a selfie video

Startups • Aisha Malik

"Google is introducing a selfie video login option to help users recover accounts and enhance identity verification. By requiring guided head movements, the company aims to prevent deepfakes and bot impersonations through "liveness" checks. While this biometric approach streamlines access and improves security, it raises privacy concerns regarding data collection. Google asserts that these videos are encrypted and can be deleted by users at any time.".

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NCLT Stays BYJU’S Insolvency Bidding Process Till August 31

Business • Anne Florentyna

The National Company Law Tribunal has stayed the insolvency bidding process for BYJU'S parent, Think & Learn Pvt Ltd, until August 31. This follows a challenge by cofounders Byju and Riju Raveendran regarding a ₹11,433 crore claim from US term loan lenders. While the overall insolvency proceedings continue, the tribunal halted the invitation for prospective bidders. Meanwhile, lenders are discussing a potential settlement involving a stake in Aakash Educational Services.

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Meesho cuts down losses by half as revenue rises 48%

Startups • Your story

Meesho reported a strong Q1 FY27, with revenue growing 48.3% to Rs 3,713 crore and net losses nearly halving to Rs 132.8 crore. Net merchandise value rose 34% to Rs 11,614 crore, while annual transacting users increased 29% to 274 million. The company attributed this growth to improved delivery conversions and AI integration. CFO Dhiresh Bansal noted the strongest contribution margin and adjusted EBITDA since listing.

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AI chip startup Etched defies skeptics, hits $10.3B valuation from big-name investors

Startups • Julie Bort

AI chip startup Etched has raised $300 million in a Series C round led by Sequoia, reaching a $10.3 billion valuation. Founded by Harvard dropouts, the company specializes in high-speed inference systems using low-voltage prefill chips and cluster scale memory. With $1 billion in orders already booked, Etched's hardware supports various AI architectures, including transformer and state-space models, aiming to reduce costs while increasing performance.

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Nvidia is sending GPUs to the Moon

Startups • Tim Fernholz

If there's a place in the universe without GPUs, Nvidia is sending them there.

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Edtech platform raises $4.5M to help teach students how to vibe code

Startups • Dominic-Madori Davis

Imagi, a K-12 education company specializing in coding and AI literacy, has raised $4.5 million in seed funding from investors including Brighteye Ventures and Wil.i.am. Partnering with Lovable and OpenAI, the company provides safe, compliant tools for students to build with AI. Having reached 700,000 students globally, Imagi will use the new capital to scale its operations, hire staff, and launch a new platform.

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After ZeroPe, Ashneer Grover Launches Employee-Focused Lending Platform Fund My Staff

Business • Anne Florentyna

"BharatPe cofounder Ashneer Grover has launched Fund My Staff, a fintech platform under Third Unicorn. The service allows employers to act as guarantors for employees seeking small-ticket personal loans, specifically targeting workers with limited credit histories. Loans are provided by RBI-registered NBFC Ash Grove Capital Pvt Ltd with tenures from three to twelve months. This venture follows Grover's previous projects, including the healthcare platform ZeroPe and the defunct CrickPe.".

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Google closes in on another billion user product with Gemini

Startups • Ivan Mehta

Google's AI assistant Gemini has reached over 950 million monthly users, tripling its user base since last year. This growth positions Gemini to compete closely with OpenAI's ChatGPT, which has 1 billion monthly active users. While ChatGPT's market share fell below 50%, Gemini's rose to 27.7%. Additionally, Google's AI-powered search mode has surpassed 1 billion users, driving an increase in queries while reducing operational costs.

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