Glydways, an autonomous pod transit startup backed by Khosla Ventures, has raised $170 million and is now in active talks to secure an additional $250 million, according to the company. The fresh capital round would bring its total fundraising to at least $420 million, signaling sustained venture appetite for fixed-guideway autonomous transit in a period of broader mobility sector caution. The company is preparing to launch three pilot programs, though specific locations, timelines, and contract structures were not disclosed. Glydways builds small, autonomous electric pods that run on dedicated guideways, a model designed to reduce infrastructure cost per passenger compared with traditional light rail while bypassing the safety and regulatory complexity of open-road autonomous vehicles. The $250 million raise, if closed, would likely fund construction and operations across those pilots, the phase where capital intensity peaks and execution risk is highest. Investors and transit agencies watching the space should track pilot ridership data and unit economics, which will determine whether the model can scale beyond demonstration projects.
Apple has raised MacBook and iPad prices in India by 20% to 42%, citing a sharp surge in memory chip costs driven by AI data centre demand. Micron, the leading memory supplier, reported 86% gross margins, confirming that supply pressures have fundamentally shifted component pricing across the consumer electronics
India's central government will take a 1-2% stake in AI unicorn Sarvam once its $300 million funding round closes, converting compute subsidies provided under the IndiaAI Mission into equity. The move sets a precedent for how the government accounts for public support given to homegrown AI startups.
Apple announced iOS 27 at WWDC 2026, featuring a redesigned Siri as a standalone app with chat history, apps launching up to 30 percent faster, and a refined Liquid Glass interface. A developer preview is live now, with public release expected around September 2026.
Apple's WWDC 2026 keynote unveiled a fully redesigned Siri and confirmed iOS 27 alongside updates for iPadOS, visionOS, watchOS, and macOS. The Siri overhaul is the most strategically significant move, targeting a competitive gap with Google and Microsoft in AI assistants.
