Mumbai-based Knight Fintech, which builds core infrastructure connecting banks, lenders, platforms, and borrowers, raised $23.6M led by Accel — Knight Fintech has raised $23.6 million in a funding round led by early-stage venture firm Accel, with participation from IIFL and Rocket Capital.
xAI launches Grok Business, priced at $30 per seat/month, for SMBs, and Grok Enterprise, whose price is not listed publicly, for larger organizations — xAI has launched Grok Business and Grok Enterprise, positioning its flagship AI assistant as a secure, team-ready platform for organizational use.
India orders X to fix Grok to block the generation of obscene content, giving it 72 hours to submit an action-taken report or risk losing “safe harbor” immunity — India has ordered Elon Musk's X to make immediate technical and procedural changes to its AI chatbot Grok after users …
Starlink plans to lower its satellites orbiting at ~550km to ~480km in 2026 to improve space safety and reduce the likelihood of debris collisions — Starlink will begin a reconfiguration of its satellite constellation by lowering all of its satellites orbiting at around 550 km (342 miles) …
Brookfield is launching a cloud company called Radiant and a new $10B AI fund, and plans to acquire up to $100B in land, data centers, and power assets for AI — Private-equity firm Brookfield is starting its own cloud business, going up against tech giants like Amazon by arguing it can bring down the costs of developing AI.
How AI automation can fulfill Thomas Piketty's predictions on rising economic inequality, and why highly progressive taxes on capital can help slow the spiral — Piketty was wrong about the past. He's probably right about the future. — 1. Introduction
A look at US tech laws rolling out in 2026, including California's SB 53 AI transparency law and Virginia's new social media limits for minors, effective today — As usual, 2025 was a year of deep congressional dysfunction in the US. But state legislatures were passing laws that govern everything …