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Source: Tech Crunch

CareCloud begins to notify hundreds of thousands after hackers stole medical records

Startups

The health tech data giant, which handles vast amounts of patients' medical data, said hackers struck one of its protected health data stores.

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Source: Tech Crunch

Judge says Trump admin still lacks evidence for Anthropic ‘supply chain risk’ label

Startups

"A judge has questioned the Trump administration's lack of evidence for labeling AI firm Anthropic a supply chain risk and banning its technology from federal use. The dispute follows stalled Department of Defense contract negotiations over AI ethics and military application. Judge Rita Lin criticized the government's claims that Anthropic could disable models during war and warned against retaliating against contractors who disagree with the administration.".

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Source: inc42

SEBI Rolls Out ‘GARUDA’ Framework To Expedite Fund Launches

Business

"SEBI has introduced the GARUDA green channel framework to expedite the launch of Alternative Investment Funds (AIFs). Regular schemes can now launch within ten working days of filing their private placement memorandum via a merchant banker. Specialized vehicles, including angel funds and large value funds, receive lighter regulatory treatment and faster launch timelines. This shift emphasizes post-facto supervision and fund manager accountability over pre-launch regulatory scrutiny.".

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Source: Tech Crunch

Friend, the lonely AI wearable, returns with a new voice and a much bigger price tag

Startups

Tech founder Avi Schiffmann has launched Friend 2.0, an updated AI wearable designed to combat loneliness. The new version features a built-in speaker, allowing the necklace to provide voice interaction and a consistent personality. The retail price has increased from $99 to $249. While Schiffmann describes the device as a confidant rather than an assistant, the product enters a challenging market where similar AI wearables have struggled.

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Source: Tech Crunch

Google says it fixed more Chrome bugs in June than over the past two years, thanks to AI

Startups

As experts have warned for the last two years, some companies — like Microsoft and now Google — are finding and patching an exponential number of bugs in their products, thanks to the use of LLMs and AI tools.

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Source: Tech Crunch

Florida plans to build air taxi pads using $200M intended for EV chargers

Startups

"Florida is redirecting nearly $200 million in federal National Electric Vehicle Infrastructure funding toward an electric air taxi network instead of traditional EV chargers. Despite having fewer chargers per vehicle than the national average, state officials claim private companies have sufficiently built out the network. The Florida Department of Transportation plans to construct 32 landing pads for eVTOL aircraft at airports and luxury sites to alleviate traffic.".

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Source: Tech Crunch

LinkedIn adds a button to report AI-generated ‘slop’

Startups

LinkedIn is introducing new ways to reduce low-quality AI-generated posts, including a “seems like AI slop” reporting option. It's also replacing its own AI writing feature with a proofreading tool.

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Source: Tech Crunch

Synthetic-user startup Simile raises $200M at $2B valuation 5 months after $100M Series A

Startups

"AI startup Simile has reached a $2 billion valuation after closing a $200 million Series B funding round led by Greenoaks. Founded by Stanford PhD Joon Sung Park, the company provides simulated users for product and marketing research. While its ambitious goal of simulating all eight billion people is viewed skeptically, the venture joins other high-valuation AI firms like Aaru in transforming how companies conduct user research.".

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Source: Tech Crunch

Spotify launches ‘User notes’ to let users add memories to songs

Startups

Spotify says the new feature is designed to let users add personal captions to their favorite songs, such as noting why a track was added to a playlist or when they first discovered it.

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Source: Tech Crunch

Okta buys AI security startup Permiso; source says for about $200M

Startups

Okta has agreed to acquire AI identity security startup Permiso Security in a deal valued at just under $200 million. The almost all-cash transaction, expected to close in fiscal 2027's third quarter, aims to strengthen Okta's ability to secure AI agents and machine identities. Permiso specializes in detecting suspicious cloud activity and monitoring non-human identities, helping Okta move toward continuous monitoring of authorized network access.

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Source: inc42

IPO-Bound PhonePe Bets On Transaction Data Monetisation With PulsePro

Business

PhonePe has launched PulsePro, a paid enterprise intelligence platform that monetizes aggregated and anonymized transaction data. Targeting FMCG, retail, and D2C sectors, the platform provides hyperlocal insights for market expansion, site selection, and distribution planning. This move aims to diversify revenue streams beyond UPI as the company strengthens its business fundamentals ahead of a potential IPO, leveraging actual transaction behavior over traditional survey-based market research.

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Source: Tech Crunch

Tesla made its 10 millionth EV

Startups

"Tesla has produced its 10 millionth electric vehicle, reaching the halfway point toward a 20 million target required for CEO Elon Musk’s massive pay package by 2035. While this milestone is a key achievement, Tesla faces challenges including declining U.S. sales and shrinking profits. To unlock his full compensation, Musk must also meet ambitious goals for FSD subscriptions, robotics, robotaxis, and a significant increase in adjusted EBITDA.".

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Source: Tech Crunch

When will fusion power startup Commonwealth Fusion Systems go public?

Startups

There are fresh signs that fusion power startup Commonwealth Fusion Systems will list in the next two to three years.

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Source: Tech Crunch

Meta says AI is making it easier to build new apps — and more are coming

Startups

Meta is leveraging large language models to accelerate the development and launch of new consumer applications. CEO Mark Zuckerberg highlighted recent releases, including standalone apps for Marketplace and Groups, noting that AI enables faster testing and scaling. While previous attempts at standalone apps failed, Meta credits AI-powered recommendations for the growth of Threads. The company plans to release more novel products soon, utilizing AI to improve user relevance.

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Source: Tech Crunch

Netflix lands global streaming deal for ‘The Walking Dead’

Startups

"Netflix has signed a $500 million multi-year licensing agreement with AMC Global Media to bring The Walking Dead Universe to a global audience. The deal provides co-exclusive rights to the original series and six spin-offs, totaling 371 episodes. While Netflix previously held exclusive U.S. rights, it will now share access with AMC+. This strategic investment aims to drive viewer engagement through an established, binge-worthy franchise.".

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Source: Your story

PhonePe launches PulsePro: Actionable data intelligence for Indian businesses

Startups

"PhonePe has launched PhonePe PulsePro, an enterprise intelligence platform that converts aggregated, anonymized transaction data into hyperlocal, real-time market insights. Leveraging a network of 700 million users and 50 million merchants across India, the tool helps organizations optimize distribution, site selection, and expansion strategies. Building on the free PhonePe Pulse platform, PulsePro provides data-driven intelligence to replace traditional survey-based research for smarter business decision-making.".

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Source: Tech Crunch

Nscale buys Anyscale as it seeks to own more of the AI compute stack

Startups

"British AI neocloud Nscale is acquiring software startup Anyscale for $1.65 billion to enhance its AI workload scaling capabilities. Anyscale, built on the Project Ray framework, specializes in training and serving large language models. This acquisition allows Nscale to vertically integrate its infrastructure and software layers. Anyscale will maintain its branding and 200 employees will join Nscale, which is backed by investors including Nvidia and Dell.".

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Source: Tech Crunch

Fusion power darling Commonwealth Fusion Systems raises another $1B

Startups

"Commonwealth Fusion Systems (CFS) has raised $1 billion, bringing its total funding to $4 billion to advance fusion power commercialization. The company is currently developing its Sparc demonstration reactor, aiming for scientific breakeven by 2027, and designing its first commercial plant, Arc. With commitments from Google and Eni to purchase electricity, CFS continues to lead the sector using magnetic confinement technology to generate clean energy.".

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Source: inc42

Now, Zee Moves Delhi HC Against Blinkit Over Alleged Copyright Violation

Business

Zee Entertainment has filed a copyright infringement lawsuit against quick commerce platform Blinkit in the Delhi High Court over content posted on Instagram. The court granted an ex parte ad interim injunction and ordered Blinkit to file a response within 30 days. This marks Zee's third copyright legal action this year, following similar suits against Nykaa and the Reliance-Disney joint venture JioStar regarding unauthorized content use.

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Source: Tech Crunch

Forward-deployed engineers are the AI industry’s latest talent obsession

Startups

"A study by Christian & Timbers reveals a critical shortage of elite forward-deployed engineers (FDEs) capable of delivering AI return on investment for enterprises. While demand is projected to surge by 2,100% by year-end, only about 2,000 such specialists exist in the U.S. As companies shift focus toward value-maxxing and workflow implementation, FDEs have become essential for integrating AI technology while protecting proprietary business processes.".

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