Unacademy to be acquired by upGrad in share-swap deal as India’s edtech sector consolidates

The deal comes after Unacademy’s valuation plunged from $3.5B to under $500M, as India’s once-booming edtech sector struggles.

Wiz investor unpacks Google’s $32B acquisition

Shardul Shah of Index Ventures walks us through Google’s biggest acquisition ever.

US Army announces contract with Anduril worth up to $20B

The Army described this as a single enterprise contract consolidating more than 120 separate “procurement actions.”

Digg lays off staff and shuts down app as company retools

Digg laid off a significant number of staff and shut down its app, but says it’s not giving up on the startup.

Nyne, founded by a father-son duo, gives AI agents the human context they’re missing

The data infrastructure startup raised $5.3 million in seed funding led by Wischoff Ventures and South Park Commons

The biggest AI stories of the year (so far)

The AI industry is constantly churning out news, like major acquisitions, indie developer successes, public outcry, and existentially dangerous contract negotiations.

The $32B acquisition that one VC is calling the ‘Deal of the Decade’

According to Index Ventures Partner Shardul Shah, cybersecurity startup Wiz sits “at the center of three tailwinds: AI, cloud, and security spend.” Those tailwinds powered what just became the largest venture-backed acquisition in history — Google&#821…

Before quantum computing arrives, this startup wants enterprises already running on it

After selling his AI startup to AMD for $665 million, Peter Sarlin is back with QuTwo, a new venture building the infrastructure it believes enterprises will need when quantum computing finally arrives.

Sales automation startup Rox AI hits $1.2B valuation, sources say

Rox, founded in 2024 by the former chief growth officer of New Relic, offers an AI-native alternative to CRM tools.

Humanoid robotics maker Sunday reaches $1.15B valuation to build household robots

Sunday is on a quest to build a household humanoid robot called Memo that helps with tasks like laundry and clearing the table. The company emerged from stealth late last year and already has 1,000 people on its waitlist.