Railways Minister Ashwini Vaishnaw on Thursday unveiled the Rail Tech Policy, Portal and e-Railway Claims Tribunal (RCT) system. He said the policy encourages collaboration between Indian Railways and startups and is designed to enable introduction of technology into the railways. He also added that the e-RCT system will transform the filing, processing and adjudication of claims.

Google’s investment arm, CapitalG, has led a reported $200 million funding round in a European fintech startup. The company focuses on faster cross-border payments and embedded finance tools for businesses. The investment highlights growing confidence in Europe’s digital payments sector as the startup expands into new markets and strengthens its financial technology infrastructure.

OpenAI has secured $110 billion in fresh funding at a $730 billion pre-money valuation, marking the largest funding round for any AI startup to date. The round, which is still open, includes $30 billion from SoftBank, $30 billion from NVIDIA, and $50 billion from Amazon. In March 2025, OpenAI had raised $40 billion at a $300 billion valuation.

The US Under Secretary of War for Research and Engineering, Emil Michael, shared a timeline of events after Anthropic claimed it hadn't "received direct communication from the Department of War" about its designation as a supply chain risk. Michael claimed that he tried to reach Anthropic CEO Dario Amodei over email and phone multiple times, but to no avail.

Deepinder Goyal’s wearable startup Temple has raised $54 million at a $190 million valuation, with backing from Peak XV, Steadview, Vy Capital and others. Goyal invested ₹104 crore personally. The company is developing a head-worn device to measure cerebral blood flow in real time, targeting high-performance health users.

Ex Zomato CEO Deepinder Goyal announced he has raised $54 million (₹491 crore) for 'Temple', neurotech wearable startup. The funds were raised at a post-money valuation of about $190 million (approximately ₹1,730 crore). "Every investor in this round is a founder friend or early-stage Zomato investor who wanted in, whether or not Temple ever makes it to market," Goyal said.

Proptech startup Spintly has raised $8 million in a Series A round led by Accel, with participation from ENRISSION India Capital, Chakra Growth Fund, Alumni Ventures, and Spyre VC. The funding will help scale its wireless access control solutions, strengthen AI capabilities, and expand operations across India, the Middle East, Africa, and the US.

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.