Latest Startups & Entrepreneurship News
Amazon Commits Over $35 Billion to AI and Exports Push in India
Amazon pledged to invest more than $35 billion in India by 2030, focusing on AI infrastructure, logistics, and small-business support, aiming to quadruple exports to $80 billion. This builds on prior investments of about $40 billion since 2010, intensifying competition with local rivals Flipkart and Reliance.
Microsoft Unveils $23 Billion AI Investment, $17.5 Billion for India
Microsoft announced a $23 billion investment plan to expand AI and cloud infrastructure globally, with $17.5 billion allocated specifically for India — its largest investment in Asia. This move reflects the shifting AI race towards emerging markets and is expected to accelerate tech adoption there.
Unconventional AI Raises $475 Million Seed Round for Neuromorphic Chips
Neuromorphic computing startup Unconventional AI closed a record seed funding round of $475 million at a $4.5 billion valuation. Led by Andreessen Horowitz and Lightspeed, investors included Jeff Bezos and others, signifying heavy Silicon Valley interest in energy-efficient AI hardware.
Google Backs Fervo's $462 Million Funding to Power AI Data Centers via Geothermal Energy
Google invested in Fervo’s $462 million funding round to develop geothermal-powered AI data centers, combining renewable energy with scalable AI infrastructure — highlighting sustainability in startup innovations.
Buildcheck AI Secures $5.9 Million Seed Funding to Enhance Construction Tech
Buildcheck AI, focusing on construction industry innovation, raised $5.9 million in seed funding led by Uncork Capital, with participation from strategic angels and venture firms supporting AI advancements in sector-specific software.
Boom Supersonic Completes $300 Million Series B Funding to Advance Sustainable Aviation
Boom Supersonic raised $300 million led by Darsana Capital Partners, supported by major investors like Altimeter Capital and Y Combinator, targeting commercial supersonic flight with environmental impact reduction.