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 $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 $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 $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...

Oracle warns of security bug that hackers abused to breach 100+ companies

by News Feed Editor | Jun 11, 2026 | Technology

Oracle warned its corporate customers that there is a critical-rated vulnerability in its PeopleSoft software, which is used by large companies to manage payroll and human resources, a day after a cybercrime group took credit for abusing the flaw as part of a...

SpaceX SPV investors won’t know their true holdings until post-IPO lock-ups lift

by News Feed Editor | Jun 11, 2026 | Technology

SpaceX makes its public debut on Friday and some investors who backed the company through special purpose vehicles (SPVs) still don’t know how many shares they’re entitled to or whether they’ll get any shares at all. Investing through SPVs, where multiple parties pool...