Sachin Bansal’s fintech Navi seeks $2B valuation in its first major external fundraise

Flipkart co-founder Sachin Bansal is in talks to raise capital for his new startup, Indian fintech Navi. Bansal is talking to investors to raise at a valuation of around $2 billion, three sources familiar with the matter told TechCrunch. One source said he is looking […]

X is giving blue checks to influential users (which is what blue checks were supposed to be all along)

X is giving free blue checks to users who have more than 2500 “verified” followers (or, people that subscribe to X Premium). So, basically this means that if you are a popular poster, you will get a blue check. This also means that these lucky […]

India, grappling with election misinfo, weighs up labels and its own AI safety coalition

India, long in the tooth when it comes to co-opting tech to persuade the public, has become a global hotspot when it comes to how AI is being used, and abused, in political discourse, and specifically the democratic process. Tech companies, who built the tools […]

The startup fundraising squeeze could persist as VCs struggle to refill their own coffers

Many startups are hoping that the gradual opening of an IPO window and the prospect of interest rate cuts later this year will finally encourage VCs to be less stingy with their capital. But it’s unlikely that startups’ fundraising slog will become much easier soon, […]

Elon Musk’s reputation is falling — and it’s taking Tesla with it

Studies show that consumers associated Tesla with Musk, which might be damaging the EV brand’s bottom line. | Illustration by Kristen Radtke / The Verge; Getty Images Elon Musk’s controversial behavior in recent years is “very likely” to be a contributing factor in Tesla’s declining […]

Meta’s AI image generator struggles to create images of couples of different races

Meta AI is consistently unable to generate accurate images for seemingly simple prompts like “Asian man and Caucasian friend,” or “Asian man and white wife,” The Verge reports. Instead, the company’s image generator seems to be biased toward creating images of people of the same […]