AI & RoboticsNews

Nandan Nilekani leaves GP role at Fundamentum as it launches $200M third fund

Nandan Nilekani, co-founder of Indian IT services giant Infosys, will no longer serve as a general partner at Fundamentum Partnership, the venture capital firm he co-founded nearly a decade ago. Nilekani (pictured above) will be stepping down from his role as Fundamentum launches its third fund, targeting to raise about $200 million. He will be the fund’s anchor investor, and continue…
Read more
Cleantech & EV'sNews

Tesla leases 683,000 sq ft Austin building in Musk's Texas sweep

Tesla has leased a 682,000-square-foot speculative industrial building in the Austin Hills Commerce Center, expanding Elon Musk’s already sprawling Central Texas real estate footprint. The company is set to occupy the second phase of the development at 11801 Decker Lake Road, which is scheduled for completion in January 2027. What Tesla plans to do with the space is still unknown. Another piece…
Read more
DefenseNews

UK eyes $50 billion in pooled NATO funds for new long-range strike initiative

VIENNA — The United Kingdom unveiled a $50 billion, decade-long push to accelerate European deep precision strike capabilities during the NATO summit on Wednesday, positioning London at the head of a coalition of twelve NATO allies. The figure is less a single procurement contract than a financing and coordination structure meant to knit together a scattered set of national and bilateral…
Read more