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India’s Yulu raises $93M as quick-commerce boom fuels e-bike demand

[ad_1] As India’s quick-commerce platforms race to deliver everything from groceries to smartphones in minutes, electric mobility startup Yulu has seized the boom, raising $93 million in fresh funding. The Bengaluru‑based startup offers electric two‑wheelers on weekly subscription plans, so delivery drivers can jump straight into the gig economy without buying their own vehicles. With

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OpenAI reportedly completed a $7 billion employee tender offer

[ad_1] OpenAI has bought back $7 billion worth of shares from employees at the privately held frontier AI lab as part of an effort to provide liquidity to its workforce. The deal, reported by Bloomberg, valued OpenAI at $852 billion, the same as its most recent fundraising round in March, which added $122 billion to

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OpenAI says it slowed Astra model development over security concerns

[ad_1] OpenAI said Friday it has suspended work on some aspects of its upcoming model Astra after an internal review found it had made significant advancements in agentic coding and cybersecurity — enough to warrant concern over its capabilities. OpenAI said in a blog post Friday that this model, which is still in development, reached

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OpenAI’s new AI smart speaker will reportedly sell for between $300 and $400

[ad_1] More details continue to trickle out about OpenAI’s mysterious new hardware device — described previously as an AI-fueled smart speaker that will be the “physical manifestation” of ChatGPT. Bloomberg now reports that the device will be “donut-shaped,” designed thusly to allow users to carry it around their home and place it in different locations,

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Get up to $400 off your TechCrunch Disrupt 2026 pass until Friday

[ad_1] Let’s cut to the chase: Starting today, you can take an additional $100 off of our current $300 discount for your founder, investor, or attendee TechCrunch Disrupt 2026 pass, which is a nice bonus on top of our current discounted pricing.  This flash sale will run all week, up until Friday, August 7 at 11:59 p.m. PT. This

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