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Investors powering on robotics startups



Indian robotics startups raised four times more funds in 2024 compared with two years earlier, as the growth opportunities presented by them amid a ramp-up in automation by enterprises and a fall in the time and cost to produce the machines attracted investor interest.

Robotics startups in India raised $117 million in 2024 across 41 deals, compared with $54 million in 2023 and $28.8 million in 2022, according to data sourced from market intelligence platform Tracxn. This mirrors the global funding landscape, where robotics startups saw $18.6 billion…



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by The Economic Times

IBM said Tuesday that it planned to cut thousands of workers as it shifts its focus to higher-growth businesses in artificial intelligence consulting and software. The company did not specify how many workers would be affected, but said in a statement the layoffs would “impact a low single-digit percentage of our global workforce.” The company had 270,000 employees at the end of last year. The number of workers in the United States is expected to remain flat despite some cuts, a spokesperson added in the statement. A massive supplier of technology to… Source link

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by The Economic Times

The number of Indian startups entering famed US accelerator and investor Y Combinator’s startup programme might have dwindled to just one in 2025, down from the high of 2021, when 64 were selected. But not so for Indian investors, who are queuing up to find the next big thing in AI by relying on shortlists made by YC to help them filter their investments. In 2025, Indian investors have invested in close to 10 Y Combinator (YC) AI startups in the US. These include Tesora AI, CodeAnt, Alter AI and Frizzle, all with Indian-origin founders but based in… Source link

by Techcrunch

Lovable, the Stockholm-based AI coding platform, is closing in on 8 million users, CEO Anton Osika told this editor during a sit-down on Monday, a major jump from the 2.3 million active users number the company shared in July. Osika said the company — which was founded almost exactly one year ago — is also seeing “100,000 new products built on Lovable every single day.” Source link