India changes deep tech startup rules

Deep tech startups in fields like space, semiconductors, and biotech take much longer to mature than traditional ventures. So India is adjusting its startup rules and mobilizing public capital in hopes of helping more companies commercialize. This week, the Indian government updated its startup framework, doubling the period for deep tech companies to be treated […]

Kids ‘picked last in gym class’ prepare for Super Bowl

The Super Bowl will be held in Silicon Valley this Sunday, and the Patriots vs. Seahawks game at Levi’s Stadium will be a big investment in technology. YouTube CEO Neil Mohan will also be in attendance. Also Apple’s Tim Cook. (He became a regular at the Super Bowl after Apple Music started sponsoring the halftime […]

NBA star Giannis Antetokounmpo joins Calci as an investor

Milwaukee Bucks forward Giannis Antetokounmpo announced Friday that he has joined prediction market Calci as a shareholder, becoming the first NBA player to invest directly in the company. “The internet is full of opinions, and I’ve decided it’s time to form my own,” the two-time NBA MVP said in a social media post. “Today, I […]

New York state lawmaker proposes three-year moratorium on new data centers

New Yorker state lawmakers have introduced a bill that would suspend permits related to the construction and operation of new data centers for at least three years. The bill’s prospects are uncertain, but Wired reports that New York is at least the sixth state considering a moratorium on new data center construction. As technology companies […]

Benchmark raises $225 million in special funding to double Cerebras

This week, AI chipmaker Cerebra Systems announced it had raised $1 billion in new funding at a valuation of $23 billion. That’s nearly tripled from the $8.1 billion valuation that Nvidia’s rival reached just six months ago. The round was led by Tiger Global, but the bulk of the new funding came from Benchmark Capital, […]

‘Industry’ Season 4 captures tech fraud better than any other show on TV right now

HBO’s hit financial thriller “Industry” had one of the most gripping storylines so far this season: the busting of a fraudulent fintech company called Tender. The show follows Harper Stern, who heads a newly formed investment firm and is looking for companies to short sell, essentially betting on stocks to collapse. After being tipped off […]

AI agents could become lawyers after all

Last month, I wrote about Mercor’s new benchmarks that measure the ability of AI agents in specialized tasks such as law and corporate analysis. The scores at the time were pretty dire, with all major institutes scoring below 25%. Therefore, we conclude that lawyers are safe from AI exclusion, at least for now. But AI […]