OpenAI is scared of open-weight models. Should the US be?

Startups • Tim Fernholz

The release of China's Kimi K3 open-weight model has sparked a debate over AI regulation in the US. While some American frontier labs push for bans citing security and safety risks, critics argue that open models accelerate innovation and lower costs. Experts suggest that restricting these models protects corporate profits rather than national security, proposing chip export controls as a more effective strategy to maintain US leadership.

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Business • Akshit Pushkarna

AI cloud provider E2E Networks reported a net profit of ₹43.9 crore for the first quarter of FY27, reversing a net loss of ₹2.8 crore from the previous year. Profit grew sixfold sequentially from ₹6.4 crore. Operating revenue rose to ₹156.8 crore, marking a 3.3X year-on-year and 64% quarter-on-quarter increase. Total income reached ₹168.2 crore, while total expenses doubled year-on-year to ₹109.6 crore during the period.

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Startups • Your story

Bengaluru-based Transition VC has launched its second fund with a target corpus of Rs 1,500 crore, following a successful first fund that achieved a 57% internal rate of return. The firm plans to invest $2-5 million each in over 20 engineering-led startups over four years. Expanding its focus, the fund will target energy transition, advanced manufacturing, and global exports, specifically supporting companies in the underserved "missing middle" stage.

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Startups • Your story

Formula 1's revenue model, managed by Liberty Media, is highly diversified, reaching a record $3.87 billion in 2025. Key income streams include media rights, sponsorships, and hosting fees paid by circuits or governments. While traditional European tracks rely on ticket sales, Gulf states pay significant premiums for global visibility. This structure transforms F1 into a media and sponsorship company where races serve as interchangeable inputs for financial growth.

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Startups • Your story

Iswarya Fertility Center, South India's largest fertility network, has secured its first external funding with a Rs 350 crore growth round from OrbiMed Asia. After forty years of self-funded growth and establishing over 85 centres, the organization aims to expand into underserved regions and enhance clinical infrastructure. This investment targets the growing demand for fertility treatments in India amid falling fertility rates and increased diagnosis.

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Startups • Your story

Google India and YouTube have partnered with NIMHANS, Fortis Healthcare, and parenting advocates to launch the 'Digital Wellbeing Guidebook' for Indian families. This resource provides evidence-based strategies to help households establish healthy digital habits and routines. Rather than simply limiting screen time, the guide encourages families to co-create media agreements and utilize tools like profile switchers to ensure child safety and privacy across shared devices.

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Business • Shrishti Bisht

"Former Indian cricket captain MS Dhoni has invested in rooftop solar startup SolarSquare through his family office, Midas Deals, and joined as its brand ambassador. This investment is part of a $53 million Series C funding round led by Lightspeed. SolarSquare intends to use the capital to expand into 30 to 40 new cities, enhance its technology platform, and improve customer services amid India's growing residential solar market.".

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Startups • Your story

Brothers Rahul and Vikash Kumar from Bihar founded Minus Degre, a bootstrapped material innovation company that transforms plastic waste into premium products. Combining textile design and mechanical engineering, they create high-value furniture and panels for clients like Adidas, Tata EV, and Noida International Airport. Starting with just ₹30,000, the company's revenue grew to over ₹1.2 crore, promoting a circular economy by turning waste into valuable resources.

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Business • Anjali Jain

AI-native traveltech startup 30 Sundays has raised ₹61 crore ($6.7 million) in a Series A round led by Bessemer Venture Partners. The Gurugram-based company will use the funds to enhance its AI capabilities, expand its engineering team, and enter new international markets including Georgia and the Philippines. The platform offers AI-driven, end-to-end holiday planning for outbound Indian travelers, currently achieving a ₹200 crore annualized gross booking value.

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Business • Palak Sharma

Vartis Platforms, the parent company of LenDenClub, reported a 183% increase in FY26 profit to ₹96.2 crore, with operating revenue rising 43% to ₹338 crore. This marks the startup's second straight profitable year following an RBI crackdown on P2P lending. Processing nearly ₹5,000 crore in transactions, the company now plans to enter merchant lending and targets total revenue of approximately ₹550 crore for FY27.

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Business • Meha Agarwal

Indian D2C brands are shifting their marketing strategies away from a heavy reliance on Meta and Google due to rising acquisition costs and the rise of AI-driven product discovery. Companies are now prioritizing organic content, customer retention, and omnichannel execution to ensure sustainable growth. Consequently, brands are replacing traditional ROAS metrics with profitability-focused measures like marketing efficiency ratio and contribution margins to better track real business health.

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Startups • Your story

"Paytm reported a 79% increase in net profit to Rs 220 crore and a 28% revenue rise to Rs 2,448 crore for Q1 FY27. Growth was driven by merchant payments, AI-led operational efficiencies, and financial services distribution. Despite these strong financial results and gains in market share, the company's stock price fell 2.14% on the National Stock Exchange, reflecting a negative market reaction to the quarterly performance.".

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Business • Palak Sharma

"Electric two-wheeler manufacturer Ather Energy has raised approximately ₹1,300 crore through a qualified institutional placement. The company allotted 1.08 crore equity shares at an issue price of ₹1,202 per share, which was 2.8% above the floor price. Major investors include the Abu Dhabi Investment Authority and several mutual funds, such as HDFC, Axis, and Tata, with each receiving over 5% of the total issue size.".

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Startups • Your story

Personal freedom is often misunderstood as mere financial or situational independence. However, several influential books redefine it as the ability to live authentically and resist external expectations. Works like.

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Business • Team Inc42

Paytm reported a strong Q1 FY27 with profits rising 79% to ₹220 crore and revenue hitting ₹2,448 crore, driven by AI and payment growth. Meanwhile, NVIDIA is offering credit support to AI.

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Startups • Your story

British startup CuspAI secured $450 million to discover new materials, while OpenAI appointed Uday Ruddarraju as CTO of Compute to expand infrastructure. In politics, Andy Burnham became Britain's Prime Minister, and Japanese Mayor Shoko Kawata made history by taking maternity leave. Additionally, Bengaluru-based Metastable Materials is refining industrial metals from battery waste, and the Indian rupee declined amid rising oil prices and Middle East tensions.

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Business • Lokesh Choudhary

Bengaluru-based Transition VC has launched its second fund with a target corpus of ₹1,500 crore to support engineering-led startups. The firm plans to invest $2 million to $5 million in over 20 companies focusing on energy transition, advanced manufacturing, and industrial deeptech over the next four years. Deployments will begin in Q3 FY27, targeting startups with proven technical feasibility and early commercial traction to drive India's energy transition.

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Startups • Your story

"Gurugram-based travel platform 30 Sundays has raised Rs 61 crore in Series A funding led by Bessemer Venture Partners, with Info Edge and Eximius Ventures participating. The AI-native startup will use the capital to enhance its technology, expand its team, and enter new markets like Georgia and the Philippines. Currently boasting a Rs 200 crore GBV run rate, the company aims to simplify outbound leisure travel.".

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Startups • Kirsten Korosec

A federal judge has given final approval to Anthropic’s $1.5 billion settlement in a class action copyright lawsuit. The payout provides $3,000 per work for approximately 500,000 copyrighted books. While the court ruled that AI training constitutes fair use, it found Anthropic’s use of pirated sources illegal. This landmark settlement does not set a binding precedent for other ongoing AI copyright disputes involving companies like Google and OpenAI.

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Startups • Marina Temkin

Colossal Biosciences, a de-extinction startup aiming to resurrect species like the woolly mammoth, is seeking new funding at a valuation between $20 billion and $30 billion. The company has begun generating revenue through government conservation contracts and several spin-off ventures in AI and biology. Additionally, Colossal is developing artificial womb technology and plans to eventually monetize biodiversity credits by reintroducing extinct animals to their native habitats.

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Startups • Julie Bort

Chris Fall has resigned as director of the Center for AI Standards and Innovation (CAISI) after only three months. CAISI, part of the National Institute of Standards and Technology, develops AI technical standards and assesses cybersecurity risks. Fall's departure follows a period of leadership instability and coincides with broader debates over AI safety programs, industry-led regulation, and the competitive threat posed by Chinese open-weight AI models.

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Categories

OpenAI is scared of open-weight models. Should the US be?

E2E Networks Reports ₹44 Cr Profit In Q1, Revenue Zooms 3.3X YoY

Transition VC launches Rs 1,500 Cr Fund II

F1’s real business: why Qatar pays $55 million a year to host a race

India’s fertility chain raised ₹350 crore after 40 years without outside money

Google partners with mental health experts for digital wellbeing guidebook for Indian families

MS Dhoni Invests In Rooftop Solar Startup SolarSquare

How Two Bihar Brothers Built a Crore-Rupee Business from Plastic Waste

Traveltech Startup 30 Sundays Raises ₹61 Cr To Expand AI-Powered Holiday Planning

LenDenClub Parent’s Profit Jumps 183% To ₹96 Cr In FY26, Eyes Merchant Lending Foray

The End Of The ROAS Era In D2C?

Paytm Q1 net profit rises 79% in FY27

Ather Energy Raises ₹1,300 Cr Via QIP At ₹1,202 Per Share

5 Books that change how you think about personal freedom

Paytm’s Q1 Show, NVIDIA’s New GPU Game Plan & More

Turning battery waste into industrial metals; OpenAI elevates Uday Ruddarraju to CTO of Compute

Transition VC Launches ₹1,500 Cr Fund To Back Deeptech Startups

Traveltech startup 30 Sundays raises Rs 61 Cr led by Bessemer Venture Partners

Anthropic’s landmark $1.5B copyright settlement is approved

Colossal Biosciences reportedly in talks to raise new capital at $20B–$30B valuation

Trump’s latest AI czar has already resigned