Sorry, haters. Ferrari’s first EV is doing just fine

Source: Tech Crunch

Sorry, haters. Ferrari’s first EV is doing just fine

Startups

"Despite initial public backlash and a stock dip following its reveal, Ferrari's first electric vehicle, the Luce, has exceeded sales expectations. Designed by Jony Ive, the €555,000 five-seater reached its annual sales target of nearly 500 units in just two months. While critics panned its styling, the car's performance and Ferrari's loyal, wealthy customer base, particularly in China, have driven its surprising commercial success.".

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OpenAI’s Sam Altman says it would be ‘ill-advised’ to go public in 2026

Startups

While OpenAI has filed confidentially for an IPO, the company will not be going public this year, according to CEO Sam Altman.

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After Sam Altman, Anthropic’s Dario Amodei Calls For Pacing AI Development

Business

Days after Sam Altman said that OpenAI was open to slowing the development of AI systems, Anthropic cofounder and CEO.

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Tesla says it will finally unveil the second generation Roadster on October 1

Startups

Tesla's long-awaited second-generation Roadster is slated for an October 1 unveiling, as hinted by a recent "Go for launch" post. First announced in 2017, the electric sports car has faced multiple delays and reportedly features a new design. The graphic also suggests optional cold gas thrusters, developed by SpaceX, hinting at unique flight capabilities. Production is anticipated 12-18 months after the.

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Anthropic CEO outlines plan to ‘pace the frontier’

Startups

What would it actually look like to "pace the frontier"?

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BRICS backs startup incubator network, considers innovation fund in New Delhi Declaration

Startups

The grouping also proposed a digital public infrastructure repository, deeper cooperation on AI and faster cross-border payments among member countries.

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Revolut confirms customer data breach through fake government requests

Startups

Revolut said it notified affected customers and alerted the relevant government agency, law enforcement, and financial regulators.

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ESDS Soars 92% To Lead New-Age Tech Stocks This Week, MDR Hopes Lift Fintechs

Business

New-age tech stocks delivered a mixed performance this week as weakness in the broader equity market kept investor sentiment cautious.

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WestBridge-Backed Way2News Restrained From Using AppsForBharat’s Confidential Data

Business

A Bengaluru commercial court has temporarily restrained hyperlocal news startup Way2News from using confidential information and intellectual property belonging to.

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BRICS should help 100 startups scale across member markets every year: PM Modi

Startups

Prime Minister Modi urged BRICS nations to help 100 startups expand into member markets annually. He also tasked the BRICS Business Council with identifying top trade barriers and facilitating 1,000 new business partnerships yearly. India, with its robust startup ecosystem, aims to drive innovation and has proposed a BRICS Incubator Network and Startup Innovation Fund. The expanded 11-nation BRICS group seeks deeper economic ties, with Iran advocating for national currency use and simplified trade.

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Zomato Starts Charging Cash-On-Delivery Customers Up To ₹21 Extra

Business

Eternal’s food delivery arm Zomato has begun charging an additional ‘Pay on delivery’ fee on some cash-on-delivery (COD) orders, with.

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NPCI’s FY26 Profit Drops 32% YoY To ₹989 Cr As Tax Outgo, BHIM Loss Surge

Business

The National Payments Corporation of India’s (NPCI’s) consolidated net profit fell 32.4% to ₹989.4 Cr in the financial year ended.

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New ecommerce rules could add compliance load for small sellers, say industry experts

Startups

The new disclosure parameters will be difficult to met by small and unorganised players while it may favour the larger entities.

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Airtel bats for sovereign stack to process data from India

Startups

According to Airtel it would be incorrect to equate local data residency with data sovereignty as it is about controlling the data with a sovereign technology stack.

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Flipkart Minutes records 4X YoY growth with presence in 150 cities

Startups

Gen Z has emerged as the fastest-growing customer cohort on Flipkart Minutes, with the customer base growing nearly 5X year-on-year in the past twelve months.

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From Pixxel To Swish — Indian Startups Raised Over $321.9 Mn This Week

Business

Startup funding activity rebounded back sharply in the second week of September. Between September 7 and September 11, Indian startups.

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Charm, warmth and design: Inside Slohh by Roach and Hilton’s Curio Collection

Startups

In this photo essay, we showcase the Hilton Curio Collections’ first property in India, Slohh by Roach in Bengaluru.

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China’s AI labs siphoned Claude’s intelligence?

Startups

Anthropic’s report reveals that major Chinese AI developers operated illicit proxy networks to harvest Claude’s reasoning capabilities, unintentionally leaking sensitive military, government, and corporate secrets in the process.

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Process and precision: Artisera exhibition showcases contemporary Indian printmaking

Startups

In this photo essay, we showcase artistic highlights from a printmaking exhibition at Bengaluru’s Artisera gallery.

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Mecka AI nears $500M valuation in Sequoia-led deal amid rush for robot training data

Startups

The round for the two-year-old startup is coming together months after Mecka announced its Series A.

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Khosla Ventures is opening a New York office this fall — its first outpost outside Sand Hill Road

Startups

"It's actually allegedly being built out now," said Rabois, who has clearly dealt with a missed construction timeline or two.

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