Financial Times:
Elon Musk’s ties to President Trump can complicate Starlink’s global rollout; Morgan Stanley estimates Starlink could make $16.3B in revenue in 2025, up 74% YoY — Satellite internet service is expanding fast but some politicians worry whether the SpaceX owner is a reliable partner
Ananya Bhattacharya / Rest of World:
Former staff, investors, and industry experts reflect on the demise of Dunzo, the Indian online delivery pioneer undone by mismanagement, competition, and more — Dunzo was a trailblazer in India’s online delivery sector, but things went awry when it shifted from its core strength.
Ananya Bhattacharya / Rest of World:
Former staff, investors, and industry experts reflect on the demise of Dunzo, the Indian online delivery pioneer undone by mismanagement, competition, and more — Dunzo was a trailblazer in India’s online delivery sector, but things went awry when it shifted from its core strength.
Maria Deutscher / SiliconANGLE:
NYC-based Carbon Arc, which operates a cloud service offering datasets optimized for AI use with consumption-based pricing, raised $56M led by Liberty City — Carbon Arc Inc., a startup that provides data for artificial intelligence models, has raised $56 million in funding to finance growth initiatives.
Kate Morgan / New York Times:
Scientists are using AI to speed up drug repurposing, expanding the treatment possibilities for people with rare diseases and few options — Joseph Coates, left, owes his life to an A.I. model developed by Dr. David Fajgenbaum and the rest of his team.Hannah Yoon for The New York Times
Omar Faridi / Crowdfund Insider:
Dubai-based NymCard, whose APIs let financial institutions in 10+ MENA countries manage card issuance, transaction processing, and more, raised a $33M Series B — NymCard, the embedded finance platform operating across 10+ countries in MENA, has secured $33 million in its Series B funding round, led by QED Investors.
Grace Sharkey / FreightWaves:
Augment, a startup founded by Deliverr co-founder Harish Abbott and whose AI assistant can automate routine tasks in logistics, raised a $25M seed from 8VC — Augment, an AI-driven logistics platform, announced Tuesday it has raised a $25 million seed funding round from 8VC.
PYMNTS.com:
Cologne-based Buynomics, which uses AI to let companies optimize pricing and promotions by simulating real-world shoppers’ behavior, raised a $30M Series B — Pricing and revenue optimization firm Buynomics has raised $30 million in new funding. — The German company said its Series B round …
The Information:
Sources: OpenAI has spoken with Reliance about a potential product and sales partnership in India; Meta also plans to work with Reliance on new AI businesses — OpenAI executives in recent months have spoken multiple times with their counterparts at Reliance Industries …
Jason Schreier / Bloomberg:
After leadership changes and an internal studio closure, Netflix aims to refine its gaming strategy, focusing on smaller-scale games rather than big-budget ones — The company will focus on four areas: narrative, mainstream, party and kids — Hi everyone.
