InfoEdge, founded by Sanjeev Bikhchandani, has launched B8 Fund-I with an initial ₹250 crore commitment to back growth-stage, technology-led Indian startups. Registered as a SEBI Category II AIF with an eight-year tenure, the fund marks the company’s first dedicated push into later-stage investing, expanding its long-standing startup investment strategy beyond early-stage ventures.

Hyderabad-based defence tech startup Constelli has raised $20 million in a funding round led by General Catalyst, with participation from 360 ONE Asset Management and Pravega Ventures. The capital will accelerate R&D in electronic warfare and communication payload systems for drones, naval, ground, and satellite platforms, strengthening India’s growing indigenous defence technology ecosystem.

Hieu Pham, Member of Technical Staff at OpenAI, has announced his decision to leave the AI startup after seven months. "I am burnt out. All the mental health deteriorating that I used to scoff at is real, miserable, scary and dangerous," he said. "Working here...was a once-in-a-lifetime experience...But the intensive work came with a price," he added.

Toby Pohlen, Co-founder at billionaire Elon Musk's AI startup xAI, has announced his departure from the firm. Earlier this month, two more co-founders, Tony Wu and Jimmy Ba, resigned. "I've learnt more about execution, speed and product perfectionism than I could ever have imagined," Pohlen said, thanking Musk for taking him on board.

US Commerce Secretary Howard Lutnick, during his India visit, will attend the wedding of India-American tech billionaire Nikesh Arora's daughter, Ayesha Arora, in Jodhpur on Saturday. He was earlier hosted by Commerce Minister Piyush Goyal for discussions on bilateral trade and economic cooperation. Nikesh, the CEO and Chairman of Palo Alto Networks, has a net worth of nearly $1.5 billion.

Google will deploy Form Energy’s 100-hour iron-air battery at its Minnesota data center in a reported $1 billion deal, according to TechCrunch. The system will support 1.4 GW of wind and 200 MW of solar power. The agreement marks a major commercial milestone for Form Energy and signals growing demand for long-duration energy storage.

Oil prices slipped as the United States and Iran agreed to extend talks over Tehran's nuclear programme, easing fears of supply disruptions. OPEC member Iran's continued negotiations reduced geopolitical risk, pushing Brent to $70.47 and WTI to $64.92. Both benchmarks are set for weekly losses, reversing recent gains.

Over 4,500 startup employees have lost jobs since July, with estimated layoffs touching 4,838, according to Longhouse Consulting data. Companies like Livspace (1,000 cuts) and several gaming and tech firms led reductions. Industry voices call this an AI-driven transition phase, as funding tightens and startups shift toward leaner, efficiency-focused operating models across India’s ecosystem.

Shadowfax said it has invested ₹50 crore to develop its largest automated sortation facility in the NCR region. The fully-operational facility is spread across 2.1 lakh sqft. The network offers up to 80 direct linehaul routes bypassing intermediate hubs, enables more than 3,000 unique origin-level sorts. At peak capacity, it is engineered to handle 1 million shipments per day.

After months-long battle, Netflix has dropped its proposal to buy Warner Bros Discovery, clearing the way for Paramount Skydance to acquire the Hollywood giant. This comes after Warner Bros determined that Paramount's latest offer was superior to the $82.7-billion Netflix deal. "At the price required to match Paramount's latest offer, the deal is no longer financially attractive," added Netflix.