Groww raises nearly $750M in IPO as India’s retail investing boom continues
The company’s shares opened 12% above their issue price, at ₹112, and closed at ₹128.85, lending it a market cap of ₹795 billion (approximately $9 billion).
Tech News
Teradar raises $150M for a sensor it says beats lidar and radar
Teradar’s sensor uses the terahertz part of the electromagnetic spectrum, and combines the best traits of radar and lidar sensors without some of the drawbacks.
Self-driving trucks startup Einride plans to go public via a SPAC
The Swedish startup just raised $100 million from investors last month.
Google is trying to take down a group sending you all those spammy texts
If you’ve ever received a spammy text falsely alerting you to an unpaid toll or failed delivery, it might have come from a so-called Phishing-as-a-Service network that Google is now trying to take down. Google filed suit against several unnamed defendants it says make up an enterprise called Lighthouse. The company argues in a new […]
Figma bets on India to expand beyond design
Figma has opened a new office in Bengaluru as part of a push to deepen its India ties and appeal to more developers.
Alien is coming back to Earth for a second season
More than a month after the first season’s finale aired, FX has finally confirmed that Alien: Earth will get a second run of episodes, ending some sleepless nights for this reporter / Alien obsessive. No release date has been set for the second season yet, though it will film some time next year. Showrunner Noah […]
The global race for the AI app layer is still on
The U.S. is far ahead of Europe in the race for large AI models, at least in funding. But the picture is different for the application layer, global VC firm Accel highlighted in its 2025 Globalscape report.
Red Bull Racing’s secret weapon? An engineer who treats workflows like lap times
Lauren Mekies spent much of his career in the engineering trenches. His approach to winning reflects that technical background, too.
SoftBank’s Nvidia sale rattles market, raises questions
Wall Street can’t help but wonder: does Son see something right now that others do not?
Disney is losing over $4 million a day in revenue on the YouTube TV blackout
Disney’s spat with Google’s YouTube TV over a new content distribution contract is costing the entertainment giant $4.3 million a day in lost revenue, Morgan Stanley estimates. That’s $30 million a week as the blackout of channels including ABC and ESPN stretches into its 12th day, Variety reports, though the analysts expect Disney and Google […]