Latest Startups & Entrepreneurship News
China Curbs US Investment in Key AI and Tech Startups
Chinese regulators are restricting US investments in AI firms like Moonshot AI, StepFun, and ByteDance due to national security concerns. Moonshot seeks $1B funding at $18B valuation, while ByteDance faces limits on secondary share sales to US investors without approval.
This escalates US-China tech decoupling.
Tesla Raises 2026 Capex to Over $25 Billion for AI and Robots
Tesla boosted its 2026 capital spending to more than $25B, up from $8.53B last year, targeting AI, robotaxis, and Optimus humanoid robots. Cybercab production starts late 2026 with robotaxi rollout in US cities.
Despite Q1 strength, expects negative free cash flow.
Global Startups Raise $66M This Week, Down 33% YoY
Startups secured $66M in funding, 33% less than last year but up 43.8% from prior week, led by fintech, AI, gaming. Key deals: Oolka fintech $14M by Accel, M AI assistant ₹102 crore by Peak XV/Blume, LightFury Games $11M with MS Dhoni backing.
Fewer deals at 21 vs 33 last year.