Quick commerce FirstClub doubles valuation to $255M in nine months
The Bengaluru startup has crossed 1 million orders and reached a $50 million annualized GMV run rate within a year of launch.
🇺🇸 미국 · IT/기술 · "WITHIN" · 총 30건
필터 보기현재 지수
50.0
0 = 부정 우세
50 = 중립
100 = 긍정 우세
최근 7일 기준 10,931건을 분석한 결과, 뉴스 심리지수는 50.0(균형)입니다. 긍정 1건(0.0%)·중립 10,929건(100.0%)·부정 1건(0.0%)이며, 중립 비중이 뚜렷하게 높습니다. 성향 지수는 종합 18.9(중도 균형)입니다.
The Bengaluru startup has crossed 1 million orders and reached a $50 million annualized GMV run rate within a year of launch.
New graduates’ careers are unfolding in an era when AI is not optional. The most successful engineers treat artificial intelligence as leverage, not competition. Here are seven tips to help keep young professionals in demand no matter how quickly the field’s tools evolve. 1. Master the fundamentals first. AI tools can help you code, but you still need strong fundamentals in: Data structures and algorithms for problem-solving. Operating systems, databases, and networking for system-level understanding. Core programming languages such as C++, Java, and Python. AI can autocomplete syntax, but if you don’t understand how things work under the hood, you’re likely to struggle to debug or optimize. 2. Learn how to work with AI, not against it. The best engineers will not try to out-code AI. Instead, they will learn to: Write clear prompts to generate better code snippets. Review and debug AI-generated code for accuracy, performance, and security. Use AI for productivity boosts while still exercising judgment. Think of AI as a teammate. The real skill is knowing when to trust it and when not to. 3. Build projects that showcase end-to-end thinking. Employers increasingly look for engineers who can design and build systems, not just solve problems. Create projects that show you can: Define requirements clearly. Use AI tools responsibly within the workflow. Deliver a product that scales and is maintainable. 4. Sharpen your system design skills early. Even junior engineers are now asked questions about basic system design with AI. Expect to explain to prospective employers: How you would responsibly integrate AI into a system. How to design fallbacks when AI fails. How to ensure scalability and reliability. 5. Develop strong communication skills. Today’s engineers don’t just code in isolation. You will be expected to: Explain design choices to teammates and stakeholders. Document decisions clearly. Collaborate effectively in cross-functional teams. This is one area where AI cannot replace you. Clear communication is a career accelerant. 6. Stay curious and keep learning. The tech industry moves fast, and AI is accelerating that pace. Cultivate habits such as: Following industry news, blogs, and open-source projects. Experimenting with new AI tools, frameworks, and libraries. Engaging in communities such as GitHub, IEEE Collabratec, LinkedIn, and Medium. Employers value engineers who keep themselves sharp and relevant. 7. Think beyond coding. AI will increasingly handle routine coding tasks. The differentiators for you will be: Problem-framing: Can you take a vague idea and turn it into a solution? Architectural judgment: Can you design systems that scale and last? Ethical awareness: Can you spot risks in AI use and address them responsibly? For more career advice, subscribe to the IEEE Spectrum Career Alert Newsletter. The biweekly newsletter features the latest information on jobs, education, management, and the engineering workplace.
This sponsored article is brought to you by Black & Veatch. The biggest challenge facing utilities today isn’t what it seems. It’s not demand, even as load growth accelerates. It’s not extreme weather, even as “major events” become routine. It’s not cybersecurity, even as connections expand across the grid. The real challenge is this: Distribution systems were designed for a different reality. Long gone are the days of predictable demand, one-way power flow and isolated disruptions. At Black & Veatch, we see that leading utilities are no longer debating whether to modernize. They’re deciding how quickly they can do it, and how to do it at scale. Across grid modernization programs globally, three truths consistently emerge. They define what it takes to prepare the distribution system for what’s next: 1. Outage response is not a resilience strategy Resilience is being redefined in real time. A strategy centered on mobilizing crews and restoring service as quickly as possible is reactive, and increasingly insufficient. Resilience has to shift upstream into integrated system design. That starts with hardening. Stronger poles, undergrounding and structural upgrades all have a role, particularly in high-risk corridors. We’re also seeing meaningful gains from how the network is configured and how quickly it can respond without waiting on manual intervention. This is where distribution automation programs can change outcomes. Strategically placed reclosers, automated switches and fault indicators help contain disruptions before they spread. When combined with feeder reconfiguration and updated protection strategies, distribution automation investments allow utilities to set more aggressive recovery targets and achieve measurable reductions in outage duration and customer impact. 2. Future-readiness depends on DERs at scale Forecasting is less and less reliable. Only 19 percent of utilities report strong confidence in their ability to predict future load growth, according to the Black & Veatch 2025 Electric Report. Distributed Energy Resources (DERs) like solar, storage, EVs and behind-the-meter generation are exciting solutions; but they fundamentally change how the system operates. Power is no longer just delivered. It’s injected, stored and redirected in ways the system was never designed to manage. At scale, these challenges show up quickly — particularly on feeders where distributed generation is approaching or exceeding hosting capacity. Protection coordination becomes more difficult when fault current comes from multiple directions. Voltage becomes less predictable as generation fluctuates throughout the day. And planning models must now account for highly variable, location-specific behavior. Distribution modernization is fundamentally changing how the system is designed and operated so it can absorb disruption, manage bi-directional flows and respond in real time. Adapting to bi-directional power flow requires more than incremental updates. Leading utilities are responding by building flexibility into the system, moving beyond static assumptions toward dynamic hosting capacity and interconnection studies, planning that incorporates DER, EV adoption and localized load growth, and infrastructure aligned with the communications and control needed to manage it. 3. The edge must be intelligent, visible and secure As system stress and complexity increase, utilities need far greater visibility and control over the network. Historically, utilities relied on customer calls, Supervisory Control and Data Acquisition (SCADA) at the substation level and field crews to understand what was happening on the system. That model doesn’t hold up. You can’t effectively manage a system you can’t see. Plus, the most critical events are increasingly happening beyond the substation — on feeders, laterals, and at the edge where DER and customer behavior are interacting with the grid. Grid-edge technologies have become essential. Sensors, Advanced Metering Infrastructure (AMI) and automated switching provide the raw data and control needed to move from reactive to proactive operations. In more advanced deployments, utilities are creating centralized control environments that allow operators to see and manage the distribution system in near real time. That capability is enabled by: Advanced communications networks to form the backbone of real-time grid visibility Distribution Management System (DMS) and Outage Management System (OMS) to enable faster, more coordinated system response Analytics, AI and machine learning to improve situational awareness, anticipate system conditions, and support operational decision-making The same connectivity enabling this real-time visibility and control also introduces new vulnerabilities, blurring the line between physical and cyber risk, yet many utilities manage them separately. Only 22 percent have unified teams in place, even as threats continue to rise, including a 50 percent increase in substation attacks and growing exposure to malware and ransomware, according to the Black & Veatch 2025 Electric Report. Cybersecurity and resilient network design must be embedded into the architecture from the outset—not layered on after the fact. See what bolder vision looks like Distribution modernization is fundamentally changing how the system is designed and operated so it can absorb disruption, manage bi-directional flows and respond in real time. To learn about a successful program, check out Georgia Power’s recent grid modernization program. Black & Veatch partnered with the utility on large-scale infrastructure upgrades. The results? Outages are down 76 percent, restoration times have improved by more than 80 percent and communities across Georgia are powered by a grid built to meet the future head-on. When the state faced the most destructive storm in the company’s history, Hurricane Helene, Georgia Power deployed a rapid response team that utilized its “smart grid” and restored power to more than 1 million customers within days. A grid built to meet the future head-on—that’s the result of bolder vision.
"One year later," Andon Labs co-founder Lukas Petersson told Fortune about Vendo, "it's just like, I don't actually think humans can do much better."
OpenAI released a set of six plug-ins aimed at specific jobs: data analytics, creative production, sales, product design, equity investing, and investment banking. Available from within the Codex app, each of the new tools bundles integrations, instructions, and context to allow Codex to approximate a specific job.
Unframe, which helps companies deploy AI, has raised $100 million, and crossed $100 million in total contract value within a year.
Some news: The Vergecast is now a daily podcast! Starting today, we'll be posting every weekday, with even more gadgets and rankings and conversations and feelings and podcasts-within-podcasts. We're excited for all the ways this new schedule lets us tell new kinds of stories, experiment with new tech and new formats, and involve you even […]
Children born after 2013 are the first generation to grow up fully immersed in digital systems, which weren’t designed with them in mind. One‑third of the world’s Internet users are younger than 18, according to UNICEF, yet these systems shaping their daily lives were built for adults. They were optimized for engagement and designed long before people understood how profoundly digital environments influence children. For engineers and technical professionals, online safety is not an abstract policy debate. It is a design challenge that demands rigor, systems thinking, and ethical foresight. Governments around the world are also beginning to recognize the problem. Policymakers from across Australia, Brazil, the European Union, Indonesia, and the United States are responding to risks engineers have long understood: Addictive features, inappropriate content, opaque data practices, and algorithmic systems shape user behavior in ways that their creators did not fully predict. For years, technology moved faster than governance. Now governance is trying to catch up. Global Shift Toward Design Reform Supporting National Digital Ambitions In Athens this year I met with senior leaders of Greek government agencies and key national research institutions. Greece is moving quickly on digital transformation and responsible technology governance, and our discussions reinforced IEEE’s role as a trusted, neutral collaborator. We focused on supporting Greece’s ambitions in digital modernization and public‑sector innovation. We also discussed responsible AI and age-appropriate digital design in Europe and elsewhere. These engagements, grounded in shared values and long‑term commitment, strengthened IEEE’s presence within the European ecosystem and opened new pathways for collaboration on trustworthy AI and child‑focused digital well‑being. The European Union and the United Kingdom have been among the first to act, embedding age‑appropriate digital design into their broader children’s rights agenda. Drawing on IEEE expertise and global best practices, Indonesia is the first country in Asia, and Brazil is the first country in Latin America, to adopt age-appropriate design regulation. Australia is aiming to limit access to harmful content and addictive design features through age restrictions on certain platforms. And in the United States, in addition to federal efforts, states including California, New York, and Utah are enacting approaches including age-appropriate design principles. Across these efforts, a shared realization is emerging. Protecting children online is not simply about filtering content or adding parental controls. It requires rethinking the architecture of digital systems regarding how data is collected, how algorithms make decisions, how interfaces influence attention, and how AI interacts with the developing minds of young users. Engineers and technical professionals understand that design choices are never neutral. They encode values, incentives, and assumptions. When the user is a child, those choices carry greater weight. This is where IEEE’s work becomes more essential. Protecting Children Online For more than a decade, IEEE has been building technical and ethical foundations for safer digital experiences. The first IEEE standard on age-appropriate design in 2021 marked a turning point. It offers a structured, principled approach to designing with children’s rights in mind. The Institute’s 2022 article “Use a New IEEE Standard to Design a Safer Digital World for Kids” highlights how the standard helps translate those principles into engineering practice. Today the IEEE Standards Association’s (SA) Trustworthy Digital Experiences portfolio provides a practical, technically grounded framework for governments and industry. Spanning ethical design, data governance, algorithmic transparency, and child‑focused digital well‑being, it has already initiated discussions with government stakeholders around the world. This work helps bridge the gap between engineering realities and policy ambitions. No single country can solve these challenges alone. Many policymakers lack access to the combined expertise in technology, governance, and children’s rights needed to act quickly and effectively. This collaborative effort helps close that gap. The stakes are high. Without coordinated action, public policy will continue to lag behind technology, leaving children exposed to risks that could have been mitigated through thoughtful design. But with the right frameworks, governments can ensure digital systems respect children’s rights, support healthy development, and promote well‑being. IEEE’s emerging standards and collaborative technology policy work offer a path forward. By grounding national efforts in evidence‑based, rights-aligned design principles, IEEE is helping governments move from reactive regulation to proactive, coherent, and globally informed strategies for protecting children online. Safeguarding childhood in the digital age is both a moral imperative and an engineering challenge. And IEEE is helping to lead the way. —Mary Ellen Randall IEEE president and CEO Please share your thoughts with me: president@ieee.org. This article appears in the June 2026 print issue.
Only a couple of months after the Trump administration outlined a light-touch, innovation-friendly stance to artificial intelligence in its national framework proposal, it now appears to be backing down from that stance. And what replaced that optimism about the future of AI has been, by some accounts, infighting within the administration over how to deal with […]
Claude Opus 4.8 brings improvements in coding and honesty, while Anthropic says Mythos-class models could reach all customers within weeks
Europe, Australia, and Asia can still get it while the getting's good.
An AI startup ran five simulations, each controlled by a different model. The results varied wildly.
This article is adapted by the author with permission from Tech Policy Press. Read the original article. South Africa is not just another developing country struggling to govern artificial intelligence; it is the exception with leverage, and the window to act on it is closing. It holds approximately 88 percent of global platinum-group metal reserves, critical inputs to parts of the semiconductor and data-center supply chains that make AI infrastructure possible. It hosts the largest data-center market on the continent. Its existing hyperscaler relationships give it procurement leverage that most African states will never have. And a major geopolitical contest over AI infrastructure is being fought on its soil right now, between Chinese and American technology companies competing for control of the systems that will underpin an entire continent’s public sector. In physics, leverage requires three things: a fulcrum, a lever arm, and the ability to apply force. The Bushveld Complex, the world’s largest platinum-group metal deposit, is the fulcrum: a mineral endowment that gives South Africa a position in the semiconductor supply chain that no other African state holds. The since-withdrawn draft policy is the lever arm. The unresolved “OPTION” provisions in the policy are where force would be applied. Without a policy that specifies what South Africa wants in return for market access, the lever arm sits unused, and the weight of two of the world’s largest technology ecosystems settles exactly where those ecosystems want it to settle. This makes South Africa a global test case. Not because its proposed means of governance is exemplary, but because it is the one developing country with enough structural leverage to negotiate genuinely different terms, and the one that is choosing, through inaction, not to. The recent announcement of a new panel to update the draft policy is an important opportunity. But the deeper failure is not that an AI policy contained bad references. It is that no verification process caught them before the document entered the public domain. That is a systems problem, not merely a political one. It points to a missing layer in how governments are adopting AI. The contest already underway Last year, Huawei pitched an emerging-product bundle to tech executives across the continent. Huawei was now bundling access to DeepSeek’s large language model with its own cloud and storage infrastructure. The price differential was stark—in some cases by more than 90 percent. At the same time, Microsoft announced plans to spend ZAR 5.4 billion ($300 million) by the end of 2027 on cloud and AI infrastructure in South Africa, building on a prior ZAR 20.4 billion investment. Google, Amazon Web Services, and Oracle already have cloud regions in the country. According to one analysis, the country’s data-center market was valued at US $2.16 billion in 2024, the largest in Africa. These are not commercially neutral investments. Huawei’s infrastructure reach has been explicitly linked to Chinese strategic objectives, including a documented track record of providing governments with surveillance infrastructure through its Safe Cities network. U.S. hyperscaler investment comes with its own dependency structure: closed models, pricing set unilaterally, and terms of access that no African government has meaningfully shaped. South Africa is being asked to choose between these dependency models without a policy that specifies what it wants in return. The leverage it has There is a particular irony in South Africa’s position. The country whose mines supply platinum-group metals essential to semiconductor manufacturing, and through them to AI compute, has drafted a policy that treats it as a consumer of AI systems rather than a stakeholder in their governance. South Africa digs up the minerals that make AI possible. It has no say over the AI built from them. The AI triad framework covers algorithms, compute, and data. South Africa has no frontier model development capacity. South Africa holds significant data assets in financial services, health care, and agriculture, with no clear framework for their sovereign management. South Africa possesses PGM (Platinum Group Metals) leverage of global significance on the compute axis, currently being transferred without meaningful condition. It also has exceptionally high solar irradiance and significant renewable-energy potential. A country that can offer both critical mineral inputs and the energy to power the infrastructure those minerals help build occupies a negotiating position of unusual strength. The Draft Policy proposes no minimum terms for hyperscaler investment, no data sovereignty requirements, no technology transfer conditions and no compute visibility mechanism. Multiple provisions are explicitly left unresolved, marked “OPTION,” including the most consequential choices about how governance will function. Infrastructure decisions made now determine what is renegotiable later, and the answer is: very little. Three futures, one default The three infrastructure futures on offer each create a structurally different form of dependency, and only one creates sovereign capability. The Huawei-hosted DeepSeek integration offers low cost and open-source weights, but with data stored on infrastructure potentially accessible under Chinese legal frameworks, creating surveillance dependency in a pattern already documented across Africa. The second is U.S. closed-model dependency: higher capability, more reliable data protection, but complete API dependency on developers abroad. The third is locally hosted open-weight infrastructure: models governed under South African data-sovereignty rules, on infrastructure subject to minimum terms, developed with South African data. As Nathan Lambert at Interconnects has observed, open-weight models are likely the only realistic way to get sovereign AI off the ground as a real effort, enabling local communities and economies to integrate meaningfully with the technology. But this requires procurement conditions, not goodwill. What binding governance looks like The GovAI “Governing Through the Cloud” framework identifies four roles compute providers should accept as conditions of operating at scale: securers (protecting model weights and training data), record keepers (maintaining infrastructure usage logs), verifiers (confirming customer compliance with safety standards) and enforcers (restricting access when violations occur). These are operational requirements, not theoretical categories—specific, enforceable, and well within the bargaining power of a market of South Africa’s size and mineral position. A detailed policy analysis submitted to the Department of Communications and Digital Technologies (DCDT) identifies the specific provisions the final policy must contain: mandatory minimum terms for foreign compute infrastructure investments above ZAR 500 million (~$30 million); a compute reporting threshold; a National AI Safety Institute mandate covering defensive monitoring of AI capability accumulation; and National AI Champion Sector designations to create data assets for domestic model development. Each provision converts a structural advantage into a governance instrument before that advantage is foreclosed by market reality. Just as modern software security increasingly depends on knowing what components are inside a system—model provider, training data, compute environment, evaluation methods, update cadence, human review points, and failure-reporting procedures—public-sector AI governance requires a clear account of the stack before deployment, not after a problem surfaces. A public institution that cannot verify the sources in its own AI policy is unlikely to be ready to verify the AI systems it procures, deploys, or regulates. Why this is the continental test case South Africa’s choices will establish a regional precedent for what is commercially negotiable in AI infrastructure. If South Africa negotiates data-sovereignty guarantees and technology-transfer conditions as requirements for hyperscaler investment, it creates a replicable model. If Microsoft’s $300 million investment and Huawei’s infrastructure expansion proceed on standard commercial terms, as they are currently, it normalizes extractive AI infrastructure across the continent. The lesson is not specific to Africa. Governments everywhere are producing AI strategies while lacking AI assurance infrastructure. South Africa is an early warning, not an isolated case. The public comment period closed when the policy was withdrawn. But a parallel process remains live: the National Treasury’s Draft General Public Procurement Regulations—the legal instrument that will govern every government AI contract—closes for comment on June 15. Those regulations contain no AI-specific provisions. South Africa has more AI leverage than any country on the continent. Some argue, with force, that governance requirements risk deterring the infrastructure investment South Africa urgently needs: compute capacity, reliable energy, venture capital, and talent retention. That concern deserves a direct answer. Minimum procurement terms, compute reporting thresholds, and technology transfer conditions are not barriers to investment. They are the conditions under which investment serves the host country rather than extracting from it. Infrastructure built without minimum terms produces dependency. Infrastructure built with them produces leverage. To serve the public interest, its AI policy must use it. When late last month News24 reported AI-hallucinated references in the draft AI policy, Minister of Communications and Digital Technologies Solly Malatsi withdrew the draft policy. That was a mistake that could cost South Africa and the rest of the continent the initiative on this urgent issue. His more recent constitution of an independent panel is a belated step in the right direction, if it can turn South Africa’s leverage into policy. The panel—chaired by Professor Benjamin Rosman of the Wits Machine Intelligence and Neural Discovery Institute, and including Professors Vukosi Marivate and Alison Gillwald of Research ICT Africa and Dr. Jabu Mtsweni of the Council for Scientific and Industrial Research—has the technical and governance credibility to produce a stronger document. What it has not yet produced is a timeline. No revised draft has been scheduled. South Africa remains without a formal AI governance framework in the interim.
How newsrooms should use AI - or if they should at all - has been a recurrent debate within the media industry over the last several years. Increasingly, these rules are being hammered out at the bargaining table between unions and publishers. Right now, employees at The New York Times are gearing up for a […]
There are growing concerns within the technology industry about the financial costs of artificial intelligence, which have increased more than anticipated. The mass adoption of AI by companies has led to increased expenses for many firms, with many doubting that the benefits of automation, such as improved productivity, will outweigh the costs. Fortune recently reported […]
Amid rapidly growing adoption of enterprise-level AI agents, there’s a disconnect emerging between ambition and execution. Although 85% of organizations say they want to be agentic within the next three years, 76% say their current operations and infrastructure can’t support that change. They cite a lack of readiness across people, processes, and workflows. The sticky…
Floppy disks are several decades old—many of the disks are degrading and the data stored on them is at risk of being lost. In response, Leontien Talboom, a technical analyst at Cambridge University Libraries and Archives, led a roughly year-long project preserving floppy disks called “Future Nostalgia,” which concluded in January. Leontien Talboom Leontien Talboom is a technical analyst at Cambridge University Libraries and Archives, where she transfers material from a wide range of storage media to make them accessible to archivists. IEEE Spectrum spoke to Talboom about her work preserving data from Cambridge’s collection of floppy disks and collecting knowledge about the disks themselves. Why is it important to preserve floppy disks now? Leontien Talboom: Two reasons. First, the physical media is starting to degrade. Floppy disks are made from plastic, but they’ve got a magnetic layer of iron oxide, and that’s deteriorating. A lot of floppy disks are found in attics or garages, which means they also suffer from mold. Second, a lot of people who developed floppy disks and systems that use floppy disks are starting to retire or pass away, which means that a lot of tacit knowledge is disappearing. Whom did you go to for that tacit knowledge? Talboom: I went to the retro computing community. Their work is more around preserving these machines to keep them running [than] the data that lives on the floppy disk. But they know their stuff about floppy disks. For example, they know that in a lot of the older disks, the inside of the disk—the doughnut—gets stuck to the top. So if you flex the casing, the doughnut falls down again. If I hadn’t known that, I would have assumed that those disks in our collection were broken or corrupt. What is the most difficult part of working with floppy disks? Talboom: Accessing the files can be quite challenging if we don’t understand the file system. Within libraries and archives, we get a lot of material from machines that are not as well loved. Many of the personal computers that you had at home, such as the Amstrad or ZX Spectrum or BBC Micro, are very well documented. But a bunch of our material comes from business or research systems. They’re not as nostalgic for people, so there’s not as big a community preserving this type of material. Do you have a favorite type of floppy disk? Talboom: Five and a quarter. The weirder the system, the more frustrating and fun it is. I quite like doing that detective work. The Amstrad disk has also really stolen my heart. The popularity of floppy disks is very geographically dependent. Our library, for example, has these Amstrad 3-inch disks. But if you go to the U.S., they’re really uncommon. They weren’t able to manufacture enough of these drives, and [3.5-inch disks] took over at a certain point. But they’re really cute. What’s the best method for sustainably storing data? Talboom: The main thing is actively looking after it. A lot of the floppy disks we get in the library haven’t been accessed for 20 or 30 years, which means that you need certain special hardware to actually read them, and then work with emulators or other tools to make these file formats accessible. Now that we’ve done that work and transferred it, we can monitor it and make sure it’s not suffering from anything like bit rot. We can also make decisions around migrating it to other file formats or working on specific file systems or unknown file formats in more detail.
This webinar presents a workflow offering end-to-end solutions for designing, training, validating and verifying, compressing, and deploying AI-based virtual sensor models to embedded processors within a single environment. Highlights Integrate AI models into Simulink for system-level simulation, verification, and simulation-based testing Apply formal verification techniques to assert neural network behavior Compress the AI model for memory footprint reduction and execution speedup Generate library-free C code from AI models and performing PIL tests Profile code performance and evaluate design and model selection tradeoffs Design and train AI-based virtual sensors using MATLAB Register now for this free webinar!
Operations chief Andrew Macdonald said he's not seeing proportional productivity gains from increasing AI costs within Uber.
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