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Startups & Capital

Term sheets, IPOs, layoffs, and the operators building the next wave across ASEAN, India, and Greater China.

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Featured ·

An OpenAI Alum Eyes Drug Repurposing as Next AI-Bio Frontier

Miles Wang's stealth venture is reportedly pursuing $200 million to apply foundation models to existing pharmaceuticals, a faster path to market than de novo discovery.

By Arjun S. Mehta·Jul 15, 2026·5 min read
Startups

Lucid Motors Faces Market Panic Over Bankruptcy Speculation

The EV maker's stock plunged more than 50% before recovering, as management rejects reports of Chapter 11 planning and defends its liquidity

Arjun S. Mehta ·   · 4m
Startups

China's CXMT Eyes Record $8.5 Billion IPO as Memory Shortage Grips Global Tech

The Hefei-based chipmaker's listing highlights Beijing's push for semiconductor self-sufficiency while AI infrastructure demand strains glob

Wei Zhang ·   · 5m
Startups

DeepSeek Eyes $71 Billion Valuation as IPO Timeline Accelerates

The Chinese LLM developer is seeking $1.5 billion just weeks after its first institutional round, with a public listing potentially coming b

Wei Zhang ·   · 6m
Startups

California Startup Wins FCC Approval to Test Orbital Sunlight Reflector

Reflect Orbital's first prototype satellite will attempt to beam redirected sunlight to nighttime locations on Earth, marking a commercial m

Arjun S. Mehta ·   · 4m
Startups

Upstream Wins, Downstream Bleeds: China's EV Supply Chain Splits

Battery materials and component makers post robust earnings while automakers like BAIC, Seres, and GAC navigate razor-thin margins in a grin

Wei Zhang ·   · 5m
Startups

The Memory Crunch Cleaving the Smartphone Market in Two

AI server demand is driving DRAM and NAND prices skyward, forcing buyers to choose between budget sticker shock and flagship refuge.

Arjun S. Mehta ·   · 4m
Startups

Nous Research Closes In on $1.5 Billion Valuation as Agent Race Heats Up

The open-source Hermes agent maker is raising at least $75 million in a round led by Robot Ventures, marking another milestone in the fast-m

Arjun S. Mehta ·   · 4m
Startups

LimX Dynamics Secures $200 Million to Push Humanoid Autonomy

The Shenzhen-based robotics firm hits $2.2 billion valuation as European investors back its real-world data strategy

Wei Zhang ·   · 5m
Startups

Anthropic Rolls Out Rupee Pricing for Claude in India, Yet Stops Short of UPI Integration

The AI firm now displays localized subscriptions for its second-largest market but still requires card payments, trailing OpenAI's fuller pa

Arjun S. Mehta ·   · 4m
Startups

Film Social Network Letterboxd Draws Streaming Giants in $250 Million Sale Talks

Netflix, Sony Pictures, and Paramount are circling the movie-focused platform as its user base surges to 30 million, raising questions about

Mei-Lin Tan ·   · 4m
Startups

SK Hynix Pulls $26.5 Billion in Record U.S. Listing as Washington Eyes Korean Fab Capacity

The memory chipmaker's debut eclipsed Alibaba's 2014 record, while Commerce officials press Seoul's semiconductor giants to manufacture stat

Mei-Lin Tan ·   · 4m
Startups

Shopping Startup Faces Allegations Over Affiliate Commission Practices

Phia, co-founded by Phoebe Gates, is accused of using cookie stuffing techniques to claim unearned affiliate revenue, raising questions abou

Mei-Lin Tan ·   · 4m
Startups

Shein Moves Closer to Hong Kong Listing After Regulatory Green Light

The fast-fashion giant has cleared a critical regulatory hurdle in its latest attempt to go public, years after shelving plans in New York a

Wei Zhang ·   · 4m
Startups

OnePlus Set to Withdraw From US and Europe After Years of Market Uncertainty

The Chinese smartphone maker's impending exit would close a chapter that began with challenger-brand energy in 2014, leaving American Androi

Arjun S. Mehta ·   · 7m
Startups

SK Hynix Sheds 15% in Seoul After Record Nasdaq Listing

The memory chipmaker's sharp retreat signals investor anxiety over whether AI-driven demand has reached its ceiling

Mei-Lin Tan ·   · 5m
Startups

How AI Training Economics Are Reshaping Memory Chip Markets

SK Hynix's $26.5 billion U.S. listing underscores the strategic shift in semiconductor supply chains as high-bandwidth memory becomes infras

Wei Zhang ·   · 4m
Startups

Microsoft Confirms 3,200 Xbox Layoffs as Gaming Division Faces Strategic Reset

The company will cut 20 percent of its gaming workforce over twelve months, with half already terminated this week - a stark reversal for a

Marcus Halloran ·   · 6m
Startups

When Pitch Meetings Become Intelligence Leaks

A college social app's lawsuit alleges a VC used fundraising talks to gather confidential data for a competitor, exposing blind spots in fou

Daniel R. Whitfield ·   · 4m
Startups

Bluesky Gambles on Permanence as Schneider Sheds Interim Tag

The former Automattic founder takes full command of the decentralized social platform amid questions about whether it can sustain momentum b

Arjun S. Mehta ·   · 5m
Startups

Bluesky Drops the Interim Tag: Toni Schneider Takes Permanent Helm

Four months after Jay Graber stepped down, the decentralized social network confirms its new operating chief as user-driven communities loom

Daniel R. Whitfield ·   · 4m