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US surveillance law to expire for first time after lawmakers reject Trump’s controversial pick to lead spy agencies

US surveillance law to expire for first time after lawmakers reject Trump’s controversial pick to lead spy agencies

by News Feed Editor | Jun 12, 2026 | Technology

The House of Representatives has failed to renew the U.S. government’s warrant-less surveillance law before it is due to expire on Friday, all but guaranteeing that it will lapse for the first time, as lawmakers protest the appointment of a controversial Trump ally to...
Equal AI raises M to screen calls so Indians don’t have to

Equal AI raises $30M to screen calls so Indians don’t have to

by News Feed Editor | Jun 12, 2026 | Technology

In India, consumers receive a lot of calls every day, ranging from spam and scams to delivery people and financial service companies trying to contact them. There are apps like Truecaller and the government’s Calling Name Presentation (CNAP) system to identify who is...
Cheaper, faster, and culturally aware, Avataar’s video AI is built for India’s scale

Cheaper, faster, and culturally aware, Avataar’s video AI is built for India’s scale

by News Feed Editor | Jun 12, 2026 | Technology

India’s AI model output has been slow compared to the U.S., Europe, and China. Only a few startups are releasing models, and most of them are large language models or voice models. To encourage more development, the government launched the India AI Mission, a roughly...
Theker just raised M to build the factory robot that doesn’t specialize in anything

Theker just raised $85M to build the factory robot that doesn’t specialize in anything

by News Feed Editor | Jun 11, 2026 | Technology

Humanoids aren’t quite ready to replace factory workers, but the industry can’t wait. Faced with labor shortages, manufacturers have shown growing interest in startups that promise faster automation without the usual tradeoffs. That’s the bet behind Theker, an AI...
Jeff Bezos’s Prometheus raises B to build an ‘artificial general engineer’ for the physical world

Jeff Bezos’s Prometheus raises $12B to build an ‘artificial general engineer’ for the physical world

by News Feed Editor | Jun 11, 2026 | Technology

Prometheus, the physical AI startup co-founded by Jeff Bezos and Vik Bajaj, the former co-founder of Verily, Google’s life sciences unit, announced it raised $12 billion at a $41 billion valuation. The new funds came from Bezos himself, as well as from JPMorgan Chase,...
SpaceX officially prices shares at 5 in the largest IPO ever

SpaceX officially prices shares at $135 in the largest IPO ever

by News Feed Editor | Jun 11, 2026 | Technology

For once, SpaceX is ahead of schedule: Elon Musk’s space and AI conglomerate officially confirmed that it has raised $75 billion from the sale of its shares to its underwriters, who are set to begin marketing the company on the Nasdaq stock exchange Friday. SpaceX...
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