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Blackstone backs Neysa in up to $1.2B financing as India pushes to build domestic AI infrastructure

Neysa, an Indian AI infrastructure startup, has secured backing from U. private equity firm Blackstone as it scales domestic compute capacity amid India’s push to build homegrown AI capabilities. Blackstone and co-investors, including Teachers’ Venture Growth, TVS Capital, 360 ONE Asset, and Nexus Venture Partners, have agreed to invest up …

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As AI data centers hit power limits, Peak XV backs Indian startup C2i to fix the bottleneck

Power, rather than compute, is fast becoming the limiting factor in scaling AI data centers. That shift has prompted Peak XV Partners to back C2i Semiconductors, an Indian startup building plug-and-play, system-level power solutions designed to cut energy losses and improve the economics of large-scale AI infrastructure. C2i (which stands …

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Nothing opens its first retail store in India

Nothing, the hardware company backed by Tiger Global, is opening its first retail store in India, its biggest market. The store is located in Bengaluru, where the company says a large chunk of its user base is concentrated. The new, two-story location will showcase Nothing’s products and other projects. Customers …

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India doubles down on state-backed venture capital, approving $1.1B fund

India has cleared a $1. 1 billion state-backed venture capital program that will channel government money into startups through private investors, doubling down on its effort to finance high-risk areas such as artificial intelligence, advanced manufacturing and other sectors broadly referred to by the industry as deep tech. First outlined …

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Designer Kate Barton teams up with IBM and Fiducia AI for a NYFW presentation

On Saturday, designer Kate Barton will unveil her latest collection at New York Fashion Week — with a twist, of course. Barton teamed up with Fiducia AI to create a multilingual AI agent (built with IBM watsonx on IBM Cloud) to help guests identify pieces of the collection and try …

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Hollywood isn’t happy about the new Seedance 2.0 video generator

Hollywood organizations are pushing back against a new AI video model called Seedance 2. 0, which they say has quickly become a tool for “blatant” copyright infringement. ByteDance, the Chinese company that recently finalized a deal to sell TikTok’s U. operations (it retains a stake in the new joint venture), …

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‘Clueless’ -inspired app Alta partners with brand Public School to start integrating styling tools into websites

Much has changed for Jenny Wang, the founder who’s bringing “Clueless” fashion tech to life. Last year, her company, Alta, raised $11 million in a round led by Menlo Ventures to let users create digital closets and try on their clothes with their own virtual avatars. It’s a tech once …

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In a changed VC landscape, this exec is doubling down on overlooked founders

Much of Silicon Valley has spent years chasing mega-rounds and buzzy AI deals. Meanwhile, Stacy Brown-Philpot is running Cherryrock Capital like a throwback to venture capital’s earlier days, writing smaller Series A and B checks to founders that larger firms routinely overlook. The former TaskRabbit CEO and decade-long Google veteran …

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Is safety ‘dead’ at xAI?

In Brief Elon Musk is “actively” working to make xAI’s Grok chatbot “more unhinged,” according to a former employee who spoke to The Verge about recent departures from Musk’s AI company. This week, following the announcement that Musk’s SpaceX is acquiring xAI (which previously acquired his social media company X), …

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Homeland Security reportedly sent hundreds of subpoenas seeking to unmask anti-ICE accounts

In Brief The Department of Homeland Security has been increasing pressure on tech companies to identify the owners of social media accounts that criticize Immigration and Customs Enforcement (ICE), according to The New York Times. This echoes other recent reporting, with Bloomberg pointing to five cases in which Homeland Security …

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