Top tech and startup stories this week
Welcome to a new edition of ETtech Unwrapped — our weekend newsletter packed with the most important stories this week. Let’s take a look.
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Rules notified for DPDP two years after act passed
The privacy law in the world’s largest data market with over 800 million internet users has been 15 years in the making. Several provisions of the Act became effective Friday, while others will come into force in a graded manner…
US trade tribunal to consider new Apple Watch import ban
The ITC said in an order that it would investigate whether Apple Watches that were redesigned to circumvent a previous import ban issued by the commission still infringe Masimo patents covering blood-oxygen measurement technology.
The Download: how AI really works, and phasing out animal testing
This is today’s edition of The Download, our weekday newsletter that provides a daily dose of what’s going on in the world of technology. OpenAI’s new LLM exposes the secrets of how AI really works The news: ChatGPT maker OpenAI has built…
These technologies could help put a stop to animal testing
Earlier this week, the UK’s science minister announced an ambitious plan: to phase out animal testing. Testing potential skin irritants on animals will be stopped by the end of next year, according to a strategy released on Tuesday. By 2027, researchers…
Code-gen startup Cursor valuation nearly triples to $30 billion in latest funding round
Cursor, a San Francisco code-generation startup, lifted its valuation to $29.3 billion after raising $2.3 billion in a funding round backed by major investors like Nvidia, Google and Accel. The latest financing comes amid a sharp rise in investor interest…
Mira Murati’s Thinking Machines seeks $50 billion valuation in funding talks: Bloomberg
Thinking Machines Lab, founded by ex-OpenAI leader Mira Murati, is reportedly seeking new investment that could lift its valuation from $12 billion to around $50–60 billion. Talks are early and terms may shift. The firm recently faced a cofounder’s departure.…
Apple lowers App Store commissions for ‘mini apps’
Apple will cut App Store commissions to 15% for “mini app” developers who use its age-range technology. Mini apps, common in China and growing elsewhere, sit inside larger host apps. The move ties into wider disputes over youth-safety rules, with…
Peak XV’s Pine Labs gains; Manipal group’s bid for Byju’s parent
Happy Friday! Peak XV Partners is set to make big gains from Pine Labs’ public listing today. This and more in today’s ETtech Morning Dispatch.
India ahead of others in AI investment and adoption: Google exec
Says Google’s in-country investments in line with sovereign regulatory requirements