Robotics
China’s Unitree Robotics Eyes $7 Bn IPO Amid Rising Interest in Humanoid Robots
The IPO, still in early stages, is expected to submit listing documents in Q4.
The Left Shift Bureau
AI Developments
PwC India Launches Generative AI Platform to Transform Tax Operations
The Navigate Tax Hub draws on leading GenAI technology, PwC India’s domain knowledge, and a curated repository of tax content.
Databases
Databricks Surpasses $4B Revenue Run-Rate, AI Products Hit $1B Milestone
Its net revenue retention remains above 140%, and more than 650 customers now generate over $1 million annually on its platform.
Indian IT
TCS Partners with CEA to Power Next-Gen Robots and AI Systems
The collaboration will focus on building scalable AI-driven solutions across sectors such as manufacturing & logistics.
Gadgets
Rabbit Revamps R1 With RabbitOS 2 Update, Adds New Features and UI Refresh
The updated UI introduces gesture-based navigation, a Quick Settings panel for controlling brightness, volume, and camera or text inputs.
Open Source
Elon Musk Open-Sources ‘For You’ Timeline Algorithm on X
By releasing its latest recommendation code, the company aims to foster greater trust and invite external scrutiny, enabling experts to better understand how content is prioritised and distributed.
AI News
AI Mode is Now Available in Hindi & 4 Other Languages
Google introduced AI mode in India earlier in June.
AI Developments
Gemini 3.0 Is Coming—And It Might Be Google’s Most Powerful AI Yet
Git references to “Gemini 3.0 Pro” and “Gemini 3.0 Flash” in Google’s developer tools suggest active development, hinting at imminent release.
Funding
ASML to Become Top Shareholder in France’s Mistral AI With $1.5B Bet: Report
The investment forms part of Mistral’s €1.7 billion Series C round, which values the firm at €10 billion.
AI Developments
5 Generative AI Startups That Collapsed in 2025—And Why
Investors have grown pickier, commoditisation of core LLM capabilities left many wrappers with thin moats, and enterprise buyers demanded reliable ROI.
Startups
ICICI Bank Opens Startup-Focused Branch in Bengaluru’s HSR Layout
Business services include current accounts such as GIFT City accounts, overdraft facilities, corporate credit cards, escrow and foreign currency accounts, and working capital loans.
AI Startups
OpenAI Projects $115 bn Cash Burn by 2029 Amid Costly AI Expansion
OpenAI is projected to spend more than $8 billion in 2025 alone, about $1.5 billion higher than previously anticipated.