Musk’s faster path to more gas turbines comes with pollution problem

Source: Tech Crunch

Musk’s faster path to more gas turbines comes with pollution problem

Startups

Elon Musk plans to accelerate AI infrastructure by producing gas turbine blades in-house at SpaceX, bypassing a global manufacturing bottleneck. This move aims to reduce the time for natural gas turbines to come online by 18 months, addressing critical power shortages for data centers. However, the shift toward gas-fired power has sparked legal challenges and health concerns regarding pollution in communities near these facilities.

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TechCrunch Mobility: The hidden human cost of robotaxis

Startups

Recent reports reveal that Waymo and Zoox test drivers suffered numerous injuries from sudden autonomous vehicle braking. Meanwhile, Gatik secured $200 million to scale its driverless freight operations. Other mobility news includes Regent Craft raising $240 million and GM facing safety scrutiny over EV brakes. Additionally, Rivian's CFO is resigning, and Waymo is expanding into Munich while clarifying its system's computing performance capabilities.

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Caterpillar is bringing to AI deployment what it learned from automating mining

Startups

Caterpillar is expanding its AI and autonomous technology from mining into construction and manufacturing. The company utilizes proprietary data from 1.6 million connected assets to power tools like the Cat AI Assistant. To address integration challenges and workforce transitions, Caterpillar is investing $100 million in employee training. Meanwhile, surging demand for data center infrastructure has propelled the company's quarterly revenue to a record $20.5 billion.

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Smartworks to invest Rs 600 Cr in FY27 to expand biz, meet rising demand for managed office spaces

Startups

Smartworks Coworking Spaces Ltd plans to invest approximately Rs 600 crore this fiscal year to expand and refurbish its managed workspace centres. With a portfolio of 16.9 million square feet across 15 cities, the company reported 2025-26 revenues of Rs 1,850 crore. Serving over 760 corporate clients, Smartworks recently posted a quarterly net profit of Rs 13.14 crore, reflecting strong growth in the flexible office market.

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Hindusthan National Glass and Industries issues default notice to Bira 91, plans to move NCLT

Startups

Hindusthan National Glass (HNGIL) served a default notice to B9 Beverages, maker of Bira 91, seeking Rs 11.77 crore for custom glass bottles manufactured but not lifted. HNGIL plans to initiate insolvency proceedings at NCLT if B9 Beverages fails to pay within ten days. This action.

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Online grocery venture Satvacart shuts down after 12-year run

Startups

Gurugram-based e-grocery startup Satvacart has shut down after twelve years of operation. Founded in 2014, the company prioritized profitability over rapid scale, which eventually hindered its ability to secure necessary capital or a strategic acquisition. Despite achieving profitability by 2019, Satvacart struggled to compete as India's market shifted toward quick commerce. Founder Rahul H. Saxena announced the closure on August 28, disbanding the team.

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Zerodha’s Diversification Clock Is Ticking

Business

Zerodha’s core business is no longer growing. Regulatory curbs and changing investor behaviour are cooling trading activity and squeezing brokerage.

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Services, automation, credit: Test your business creativity with Edition 247 of our weekly quiz!

Startups

YourStory’s 247th edition of Lateral Sparks highlights five entrepreneurial solutions to real-world challenges. Sagar Defence Engineering uses AI-enabled uncrewed vessels for marine inspection, while EzyHelpers provides trained caregivers for elders. AlgoFET offers autonomous drone charging stations, and Progcap’s ProgShakti initiative facilitates credit for women entrepreneurs. Additionally, Milkvilla optimizes the dairy supply chain for faster milk delivery. These examples showcase innovation across various industrial sectors.

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Narrate the story behind the brand: Gifts World Expo highlights shifting customer expectations

Startups

The Gifts World Expo, organized by MEX Exhibitions and Messe Frankfurt Asia Holdings, recently took place at Bengaluru’s Palace Grounds. Featuring approximately 250 exhibitors and 1,000 brands, the event highlighted a growing industry shift toward sustainable, technology-driven, and emotionally resonant gifting. Participants, including Seed Paper India and House of Gulab, emphasized the importance of brand storytelling and authenticity to meet evolving consumer demands for purposeful products.

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AssessPrep turns test scores into data schools can use; VC inflow into startups sees marginal rise

Startups

Jio Platforms Ltd is preparing for India's largest IPO, potentially raising $3.8 billion. Meanwhile, IIT-Madras launched Bharat Ascend to discover innovators in smaller cities. Temasek has backed Singapore Airlines' investment in Air India. In the tech sector, AssessPrep uses AI to enhance school assessments, while UK research warns of AI control issues. Finally, Indian startup VC funding saw a marginal rise to $245 million in late August.

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Sony Music, Warner sue Anthropic, alleging a “brazen campaign” of intellectual property theft

Startups

"Sony Music Publishing, Warner Chappell, and other music publishers have sued Anthropic and its co-founders in California. The lawsuit alleges the AI lab illegally torrented and scraped copyrighted lyrics and sheet music to train its Claude model. This follows previous intellectual property disputes, including a landmark case where Anthropic was ordered to pay $1.5 billion for using pirated content, highlighting ongoing legal battles over AI training data.".

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At TechBBQ, Europe’s AI conversations kept coming back to: Who’s actually in control?

Startups

At the TechBBQ conference in Copenhagen, European investors and founders focused on AI sovereignty and the need for regional control over technology infrastructure to reduce dependence on the U.S. and China. Discussions highlighted the tension between AI agency and human judgment, privacy concerns regarding data collection, and the potential societal impacts on work and democracy. The event also explored women's health and international innovation collaborations.

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“We’re not doing 30 bets a year”: Vijay Pande on betting small after running $4 billion at a16z

Startups

Vijay Pande, former Stanford professor and a16z healthcare lead, has co-founded VZVC with Zach Werner. Moving away from large-scale investing, VZVC focuses on a few concentrated, AI-driven bets. Pande believes AI is transforming biology from a science of discovery into an engineering discipline, potentially improving drug development and precision medicine. He emphasizes the importance of open-source biological foundation models to overcome data silos in healthcare.

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Hollywood celebs are getting into microdrama apps

Startups

Hollywood stars are increasingly entering the microdrama market, short mobile-first series with soap-opera plots. With U.S. revenue projected at $1.5 billion this year, talent like James Franco, Issa Rae, and Jesse Tyler Ferguson are starring in these productions. Taye Diggs has launched his own platform, while Kim Kardashian is investing. This shift reflects a broader trend toward short-form content and a need for cheaper production methods.

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The Theragun Sense makes everyday recovery surprisingly easy

Startups

The Therabody Theragun Sense (2nd Gen) is a $299 wellness-focused massage gun designed for everyday muscle tension and relaxation. It features an LCD screen with visually guided routines and integrates with the Therabody app, which includes an AI Coach for personalized recovery. Lightweight and quiet, the device offers five speed settings and two attachments, making it an accessible option for those seeking a guided, user-friendly recovery experience.

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Ola Electric Secures Centre’s ₹95.81 Cr Incentive Under PLI-Auto Scheme

Business

Electric two-wheeler maker Ola Electric has secured a ₹95.81 Cr incentive under the government’s Production Linked Incentive (PLI) Scheme from.

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Nvidia’s AI advantage is moving beyond the GPU

Startups

Nvidia is shifting its market narrative from GPU dominance to comprehensive system orchestration. While competitors like Amazon and Google develop rival chips, Nvidia is focusing on the hardware surrounding the GPU, such as the Vera Rubin architecture and Vera CPU. These tools optimize data movement and efficiency in megascale data centers, ensuring that system-level orchestration becomes the new competitive frontier where Nvidia maintains a commanding lead.

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New-Age Tech Stocks See Mixed Week; Ather Rallies 10%, Shiprocket Falls 9%

Business

New-age tech stocks experienced mixed results this week, with 36 declining and 26 gaining. Shiprocket was the biggest loser, falling 9.27%, while SME-listed Klassroom led gainers with a 25.2% surge. Ather Energy reached a 52-week high following additional investment from Hero MotoCorp. Despite broader market volatility and a slight dip in the Nifty 50, the combined market capitalization of covered tech companies remained stable at $166.91 billion.

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Temasek backs Singapore Airlines' investments in Air India

Startups

Temasek, Singapore's sovereign wealth fund, has expressed support for Singapore Airlines' investment in Air India, viewing India as a strategic second hub for long-term growth. Despite Air India's significant financial losses and a potential request for USD 1.5 billion in additional funding, Temasek acknowledges the complex, multi-year nature of the carrier's transformation. However, some Singaporean officials have raised concerns regarding the use of public funds.

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Infosys Public Services CEO Lax Gopisetty unreachable after devastating Nepal floods

Startups

Infosys has reported that Lax Gopisetty, chief of its subsidiary Infosys Public Services, is currently unreachable following devastating floods in Nepal. Gopisetty was visiting the region in a personal capacity. The company is collaborating with relevant agencies to establish contact and is providing support to his family. This situation occurs amid broader tragedy, with hundreds of Indian nationals missing or stranded due to flash floods.

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