PhonePe and Google Pay command 80% of India's UPI instant payments network. Rivals are set to meet with regulators to lobby for restrictions.
Posted from: this blog via Microsoft Power Automate.
Wednesday, April 29, 2026
Sources: Anthropic could raise a new $50B round at a valuation of $900B
The maker of Claude has received multiple pre-emptive offers at valuations in the $850 billion to $900 billion range, according to sources familiar with the matter.
Posted from: this blog via Microsoft Power Automate.
Amazon’s cloud business is surging — and so is its capital spending
The e-commerce giant is making more money than expected from AWS but it's also spending a lot, and will continue to do so in the near term, its chief executive said.
Posted from: this blog via Microsoft Power Automate.
Satya Nadella says he’s ready to ‘exploit’ the new OpenAI deal
Microsoft gets to offer OpenAI's tech to its cloud customers and doesn't have to pay for it. "We fully plan to exploit it," Nadella said.
Posted from: this blog via Microsoft Power Automate.
Meta is still burning money on AR/VR
Meta is losing billions on Reality Labs each quarter, and its AI expenditures are only going to increase its spending.
Posted from: this blog via Microsoft Power Automate.
On the stand, Elon Musk can’t escape his own tweets
Elon Musk took the stand for the second day for his attempt to legally dismantle OpenAI.
Posted from: this blog via Microsoft Power Automate.
Microsoft says it has over 20M paid Copilot users, and they really are using it
Despite the lingering perception that no one really uses Copilot, Microsoft said on Wednesday that the number of users and engagement is growing.
Posted from: this blog via Microsoft Power Automate.
Google Cloud surpasses $20B but says growth was capacity-constrained
Google Cloud topped $20B in quarterly revenue for the first time, fueled by surging demand for AI. But capacity constraints mean it could have grown even faster.
Posted from: this blog via Microsoft Power Automate.
Meet Shapes, the app bringing humans and AI into the same group chats
Think Discord chats, but with AI characters in addition to humans.
Posted from: this blog via Microsoft Power Automate.
Firestorm Labs raises $82M to take drone factories into the field
A defense startup just raised $82 million to put drone factories inside shipping containers and bring manufacturing to the front lines.
Posted from: this blog via Microsoft Power Automate.
BMW i Ventures has a new $300M fund and AI is riding shotgun
BMW i Ventures is interested in startups working on agentic AI and physical AI, as well as industrial software, advanced materials, and manufacturing and supply chain technologies.
Posted from: this blog via Microsoft Power Automate.
Google Translate now lets you practice pronunciation
The feature is rolling out in the U.S. and India with support for English, Spanish, and Hindi.
Posted from: this blog via Microsoft Power Automate.
Jack Dorsey-backed Vine reboot Divine launches to the public
Divine, a Vine reboot backed by Jack Dorsey’s nonprofit, revives six-second looping videos.
Posted from: this blog via Microsoft Power Automate.
Coby Adcock’s Scout AI raises $100 million to train its models for war. We visited its bootcamp.
We visited Scout AI's training ground where it's working on AI agents that give individual soldiers control of fleets of autonomous vehicles.
Posted from: this blog via Microsoft Power Automate.
Tuesday, April 28, 2026
How one venture firm is investing in an increasingly fragmented world
Geopolitical turmoil has made venture investing challenging, leading Kompas VC to carve out a niche in startups focused on the physical world.
Posted from: this blog via Microsoft Power Automate.