Mumbai-based Knight Fintech, which builds core banking infrastructure, has secured $23.6 million in a funding round led by Accel. The news prompted a sharp debate on social media about AI’s potential to disrupt the traditional economic relationship between capital and wages.
A criminal is selling what they claim is 139 GB of sensitive engineering data stolen from a firm that works with major US utilities. The data includes detailed LiDAR maps and design files for transmission lines and substations. The asking price is about $585,000 in bitcoin.
The Indian government has issued a direct order to Elon Musk’s X platform, demanding immediate fixes to its Grok AI chatbot. The order follows complaints that Grok was used to generate “obscene” AI-altered images, including of women and minors.
Airbus is launching a major tender to migrate its most sensitive workloads to a European cloud provider. The contract, worth over €50 million, aims to move ERP, CRM, and aircraft design systems. However, executives admit there’s only an 80% chance they’ll even find a suitable European supplier.
Spain’s Galician Supercomputing Center (CESGA) is adding quantum power to its arsenal. It has signed a deal with IQM and Telefónica for two quantum computers, set to be installed by mid-2026.
Open Access Data Centres (OADC) is set to acquire seven data centers from NTT in South Africa. The deal, just approved by regulators, includes key facilities across the country. This move significantly expands OADC’s footprint in a competitive market.
Asus has made it official: prices are going up. In a letter to partners, the company confirmed a “strategic” price adjustment for specific products, blaming AI-driven market demand and supply chain volatility. The changes are set to take effect before CES 2026 kicks off.
Tesla reported a 9% drop in annual vehicle deliveries for 2025, with a steep 16% decline in the crucial fourth quarter. The company is missing analyst estimates as it tries to pivot toward robotics and autonomy.
According to legendary VC Bill Gurley, the AI frenzy is a classic “industrial bubble” where real innovation and wild speculation are inseparable. He warns of inflated valuations, circular deals, and a brutal landscape for retail investors. But he still sees one clear path for building durable compan
SpaceX is taking action to reduce orbital congestion. The company plans to lower its entire Starlink constellation operating at 342 miles down to 298 miles throughout 2026.
