India announced a new $1.15 billion Fund of Funds for startups on Saturday while unveiling sweeping regulatory reforms and an ambitious nuclear energy program, as New Delhi seeks to boost tech innovation and clean energy in the world’s fifth-largest economy. Finance Minister Nirmala Sitharaman, presenting the federal budget for 2025-26, said the fund builds on […]
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Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Want it in your inbox every Friday? Sign up here. The aftermath of DeepSeek’s launch was arguably the biggest tech story of the week, especially for anyone keeping a close eye on public markets. But private companies, […]
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French startup Swan has raised another €42 million (around $44 million at current exchange rates). The company considers this round as the second part of the Series B round that was originally announced in September 2023. Swan helps other companies offer financial products at scale. The company can generate both virtual and physical cards that […]
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DeepSeek, a Chinese AI lab, has Silicon Valley reeling with its R1 reasoning model, which it claims uses far less computing power than those of American AI leaders — and, it’s open source. The DeepSeek app has shot to the top of the App Store charts this week, dethroning ChatGPT. But who is Liang Wenfeng, […]
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Alphabet-owned autonomous vehicle company Waymo might be planning to test a feature that will allow robotaxi riders to add a “tip” that will go to the charity of their choice after a ride. Jane Manchun Wong, a security researcher who recently hacked the display dome on top of a Waymo vehicle, found the new tip […]
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