Espresso

Sign in Subscribe

Business

Apple buys silent Siri, Musk sues OpenAI, India funds biotech, startups survive dip

Apple buys silent Siri, Musk sues OpenAI, India funds biotech, startups survive dip

TL;DR * Indian Startups Raise $147.6M in January 2026 Amid Valuation Reset and DeepTech Surge * Apple Acquires Israeli AI Audio Startup Q.ai for $2 Billion to Enhance Wearable Tech * India’s Biopharma Shakti Initiative Allocates Rs 10,000 Crore to Expand Bioeconomy Beyond Pharmaceuticals * OpenAI Faces $109.43

PayPal 25× Talos bet collides with Snap AR spin as EU banks & Shenzhen fabs shift tectonic plates

PayPal 25× Talos bet collides with Snap AR spin as EU banks & Shenzhen fabs shift tectonic plates

TL;DR * Talos Secures $45 Million Series B Extension, Valued at $1.5 Billion Amid Crypto Institutional Adoption * Snap to Spin Out AR Hardware Unit as Specs Inc. Ahead of 2026 Consumer Launch 📊 PayPal & Banks Value Talos 25× ARR on MiCAR, Repo, BTC Flow PayPal-led banks just paid 25×

AI Funding Blitz Meets Audit Clock

AI Funding Blitz Meets Audit Clock

TL;DR * Genspark Launches Next-Gen AI Workspace Suite with $300 Million Funding * Checkbox Raises $23M Series A to Automate Legal Workflows with AI * IONQ Stock Plummets 50% After $1.8B SkyWater Acquisition, Operating Losses Surge * Redwood Materials Secures $425M Series E Funding to Scale Grid-Scale Energy Storage from Used EV

Databricks $1.8B Debt Fuels $138B IPO Path

Databricks $1.8B Debt Fuels $138B IPO Path

TL;DR * Databricks Secures $1.8B Debt Financing Ahead of Expected IPO, Valuation at $138B * Orbital Witness Ltd. Raises $60M in Series B Funding to Expand Legal Tech AI in US and UK * Synthesia Raises $200 Million at $4 Billion Valuation to Lead Enterprise AI Video Market * Simpro Group Acquires

Float Financial Raises $100M CAD, Trump Launches Newborn Accounts, Qiagen Targets $2B Sales

Float Financial Raises $100M CAD, Trump Launches Newborn Accounts, Qiagen Targets $2B Sales

TL;DR * Float Financial Secures $100M CAD Debt to Expand Credit Products for Canadian SMEs * Trump Administration Launches 'Trump Accounts' Program with $1,000 Initial Deposit for Newborns, Cap at $5,000 Annual Contributions * Qiagen Raises 2028 Sales Target to $2B Across Five Growth Pillars, Revises EPS Forecast

AI Boom Drives $150M Infra Investment, Capital One Buys Brex, and Microsoft’s $5B Data Center Surge

TL;DR * Inferact secures $150M seed round to commercialize vLLM inference platform with $800M valuation * Arista Networks Gains 20% Analyst Price Target as Microsoft Expands Wisconsin Data Center with $5B Investment * International Tower Hill Mines launches $60M public offering to fund Livengood Gold Project exploration in Alaska * Brex acquired by

Eightfold AI Sued for Secretly Scanning Resumes—Can AI Build Profiles Without Consent?

Eightfold AI Sued for Secretly Scanning Resumes—Can AI Build Profiles Without Consent?

TL;DR * Eightfold AI sued in California for violating FCRA by compiling job applicant profiles without consent using AI-driven inference from online resumes * Skip launches open-source Swift-to-Kotlin SDK, enabling cross-platform iOS/Android app development without licensing fees ⚖️ Eightfold AI Sued for Selling AI Job Profiles Without Consent—FCRA Violation Eightfold