Sarvam becomes India’s newest AI unicorn with a $234m round led by HCLTech
Sarvam becomes India’s newest AI unicorn with a $234m round led by HCLTech

Sarvam, the Bengaluru company building India’s sovereign AI stack, has become the country’s newest AI unicorn. It has raised $234m in the first close of a $300m Series B, at a $1.5bn valuation, led by IT services giant HCLTech, which is putting in $150…

De Beers weaponises blockchain to fight lab-grown diamonds, but a 45% price crash looms large
De Beers weaponises blockchain to fight lab-grown diamonds, but a 45% price crash looms large

The natural diamond industry has a problem it cannot see with the naked eye. Lab-grown stones are now virtually identical to mined gems, they cost a fraction of the price, and the broader tech landscape of 2025 has only accelerated their rise. De Beers…

India’s Avataar AI launches a video model that costs $0.005 per second, 27x cheaper than rivals
India’s Avataar AI launches a video model that costs $0.005 per second, 27x cheaper than rivals

Bangalore-based Avataar AI has launched Varya, one of India’s first homegrown video AI models. It generates video at roughly $0.005 per second, or 0.48 rupees. Founder Sravanth Aluru, a former Deutsche Bank investment banker and Microsoft and IIT Mumba…

Five cloud security mistakes that start at the architecture level
Five cloud security mistakes that start at the architecture level

Cloud Architect Nodir Safarov, who leads migration and infrastructure automation for thousands of global clients at SOTI Inc., identifies the architectural failures behind the most common cloud security gaps and the design principles that prevent them….

China opens its first photonic computing lab as it bets on light to outrun US chip curbs
China opens its first photonic computing lab as it bets on light to outrun US chip curbs

China has launched its first dedicated photonic computing laboratory in Shanghai, signalling that Beijing sees light-based chips as a strategic route around Washington’s tightening grip on conventional semiconductor exports. The Shanghai Key Laboratory…

Infineon is opening a €5 billion chip factory in Dresden. It is the EU Chips Act’s first major success.
Infineon is opening a €5 billion chip factory in Dresden. It is the EU Chips Act’s first major success.

Infineon Technologies is preparing to open its largest single investment, a €5 billion semiconductor factory on its Dresden campus, on 2 July. The Smart Power Fab, which received approximately €1 billion in EU Chips Act subsidies, will produce power se…

Google DeepMind’s TacticAI can predict football plays 8 seconds before they happen. Palmeiras is the first to use it.
Google DeepMind’s TacticAI can predict football plays 8 seconds before they happen. Palmeiras is the first to use it.

Google DeepMind built an AI that can predict football plays before they happen. TacticAI uses geometric deep learning to model player movement, forecast dynamics up to eight seconds into the future, and recommend tactical adjustments, all from broadcas…

Bezos’s Prometheus raises $12 billion at $41 billion valuation to build AI that engineers physical products
Bezos’s Prometheus raises $12 billion at $41 billion valuation to build AI that engineers physical products

Prometheus, the AI startup co-led by Jeff Bezos, has raised $12 billion in a funding round that values the company at $41 billion. Investors include JPMorgan Chase, Goldman Sachs, BlackRock, DST Global, and Arch Venture Partners, alongside Bezos himsel…

AI bubble fears are spreading, even as SpaceX readies the biggest IPO ever
AI bubble fears are spreading, even as SpaceX readies the biggest IPO ever

On the day SpaceX prices the largest stock-market debut in history, the market underneath it has a case of nerves. The cause is not rockets. It is AI. Several warning lights are flashing at once. Together they amount to the first serious test of a trad…

Germany’s Vsquared is taking on Atomico and Balderton on their London home turf
Germany’s Vsquared is taking on Atomico and Balderton on their London home turf

One of Europe’s oldest deep-tech specialists is opening a London office, and pitching it as a fresh expansion into new territory. Companies House tells a slightly different story. Vsquared Ventures, founded in Munich and known for raising one of Europe…