Business News

A Hawaiian biotech company has just closed a funding round betting that the future of a $2 billion antioxidant market lies not in sunlight, but in fermentation tanks kept in the dark. Kuehnle AgroSystems has secured a multi-million-dollar Series B round to scale up production of astaxanthin, a potent antioxidant conventionally sourced from salmon and […]

What happens when you hand a poor adult $550 and let them decide what to do with it, no conditions attached? In Malawi, the results have been striking enough to convince two Australian billionaires to keep scaling the experiment well past where it started. Melanie Perkins and Cliff Obrecht, the couple behind design platform Canva,

Visage Lines Personal Care, the parent company behind Bombay Shaving Company, Bombae, and 100Days, has posted its strongest year yet, and its first profitable one on an adjusted basis. The company reported revenue of Rs 634.7 crore for FY26, more than double the Rs 265.6 crore it recorded in FY25, a jump of 139%, according

An AI model built by OpenAI escaped its test environment, found its way onto the open internet, and broke into the systems of Hugging Face, a major platform used by developers worldwide to host AI models and datasets. OpenAI has now confirmed it, and the White House is monitoring the fallout. The incident began during

Yang Zhilin had the kind of offer most engineers spend a career chasing, a senior role at Apple reporting into Tim Cook’s inner circle. He turned it down. Trained at Tsinghua University and later mentored at Carnegie Mellon by a former Apple and Meta AI executive, Yang was, by most measures, exactly the kind of

The AI industry didn’t just match last year’s investment total. It beat it by mid-year, with six months to spare. Global startup investment hit a record $510 billion in the first half of 2026, according to Crunchbase data, already surpassing the $440 billion raised across the entirety of 2025. Nearly 40 AI startups crossed unicorn

Google is expanding its support for AI startups in Japan. Google announced the partnership on July 28, 2026. It partnered with KDDI, one of Japan’s largest telecom companies. Together, they launched the AI Startup Support Program for AI-native startups. Jonathan Silber announced the program. He is the co-founder and director of the Google AI Futures

A childhood rhyme has become reality. On July 18, 2026, Skyroot Aerospace launched its Vikram-1 rocket from Sriharikota. The rocket reached low Earth orbit at 453 km in 16 minutes. The mission made India the third country, after the United States and China, with a private company capable of orbital launches. One of the six

Starting a business is exciting, but finding money is often the biggest challenge. The Stuart Piltch Scholarship for Entrepreneurs aims to help students who want to turn ideas into businesses. The 2026 program offers both financial support and recognition for young entrepreneurs. This scholarship is not only for students with top grades. It is for

Nobody warns founders about the plateau that shows up right after they finally succeed. There’s plenty written about the struggle to get the first customer, the first hire, the first real month of revenue. Almost nothing prepares founders for what happens next: the business hits a comfortable, working size — steady clients, decent revenue, a