Global technology company Prosus and venture capital firm Accel have selected six deeptech startups from over 2,000 applicants for their Atoms X LeapTech cohort. Notably, Praan, QOSMIC, Dognosis, Ethereal Exploration Guild, Ferra and Stealth Startup have been picked for the cohort. Prosus will match Accel's investment in each company, offering capital and mentorship to help scale innovations.

India's private space startup Agnikul Cosmos successfully test-fired 'Agnite', the world's largest single-piece 3D-printed booster engine. Agnite engine, measuring about one metre in length, is built entirely as single-piece Inconel structure. Agnikul's engines can be 3D printed in seven days, reducing production complexity and turnaround time, with potential benefits for sectors like defence.

OpenAI is raising an additional $10 billion, taking its record funding round to more than $120 billion. Microsoft, Andreessen Horowitz, DE Shaw Ventures, MGX, TPG and T Rowe Price are among the investors participating in the fresh round, CFO Sarah Friar said. Last month, OpenAI secured $110 billion in funding at a $730 billion pre-money valuation.

Mirage, the creator of video-editing app Captions, has raised $75 million in growth financing from General Catalyst. The investment will help build advanced AI models and expand its tools to simplify video creation. Mirage seeks to become an AI powerhouse for marketing and ad videos. CEO Gaurav Misra said the firm aims to create more models, focusing on 'assembly intelligence'.

China has barred two co-founders of AI startup Manus from leaving the country, The Financial Times reported. The move comes amid Beijing's probe into whether Meta's $2-billion acquisition of the startup violated investment rules. Manus CEO Xiao Hong and Chief Scientist Ji Yichao were summoned to a meeting with the National Development and Reform Commission earlier this month.

OpenAI has shut down Sora, its app for creating and sharing AI-generated videos, less than a year after its launch. The decision marks the end of a $1-billion deal between OpenAI and Disney that brought over 200 of the latter's iconic characters to Sora. The abrupt cancellation is reportedly part of OpenAI's efforts to focus on tools for corporate customers.

Amazon-backed re-commerce marketplace Cashify appointed ICICI Securities, JM Financial and Nomura as bankers for its IPO. A source told Moneycontrol that the Gurugram-based firm is seeking to raise ₹1,500-1,800 crore in total, through a mix of fresh sale and OFS. Cashify's early investors, Bessemer Venture Partners, Olympus Capital Asia and Blume Ventures, are expected to offload shares via OFS.

A US judge said the Pentagon seems to be punishing Anthropic for going public with its AI safety concerns. The government's designation of Anthropic as a supply-chain risk "looks like an attempt to cripple" the startup, the judge said. Anthropic sued Pentagon after being blacklisted for refusing to allow the use of its technology for mass surveillance or autonomous weapons.

Philippines declared "National Energy Emergency" on Tuesday, citing risks to fuel supply due to West Asia war. "A state of National Energy Emergency is...declared in light of ongoing conflict...and resulting imminent danger posed upon availability...of country's energy supply," Philippine President Ferdinand Marcos Jr said. The government will now boost power generation from coal-fired plants.

India's informal sector added 74.52 lakh new jobs in 2025, according to the latest government survey. The sector is also undergoing rapid digital transformation, with the share of establishments using the internet rising from 26.7% to 39.4%. The sector now employs 12.81 crore individuals and reached the total gross value added (GVA) of ₹19.92 lakh crore in 2025.