Startup

Security startup Torq raises cash at US$1.2 billion valuation

The company can automate repetitive work using AI agents

Joseph Simbar (left), co-founder and CEO of Mimin, says entering China is difficult due to the language barrier, cultural differences, and strict regulations.

Indonesian startups chasing growth test waters in the Gulf

Startup funding in Indonesia has been on a decline since 2021

Nvidia's US$20 billion “non-exclusive licensing arrangement” with Groq sounds like an outright purchase, but is more of a backdoor acquisition aimed at dodging an antitrust review, says the writer.

How Silicon Valley will eat its AI competitors in 2026

A loss of confidence in AI could lead to a fire-sale for startups and accelerate consolidation among Big Tech

The startup has focused on international markets almost from the outset, and its product has never been available in its own country of origin.

China reviews Meta’s US$2 billion deal to buy AI startup Manus

Beijing has in recent years aggressively pushed domestic firms to develop technology to replace American software and circuitry

None of the world’s 20 largest technology companies, and none of the 20 most highly valued startups, are European.

Europe does not lack capital – it lacks scale

If Europe wants to be a technological power, it must finally implement a genuine single market

Interest in humanoid robotics, in particular, is surging, driven by the idea that human-like forms can better adapt to existing warehouses, factories and complex settings.

Mobileye to acquire humanoid robotics startup Mentee for US$900 million

First proof-of-concept deployments with customers are expected in 2026

The “no shoes” trend is spreading in tech offices, with buzzy startups telling employees to leave their Vans and Uggs at the door.

Welcome to the office. Now take off your shoes

[NEW YORK] People entering a house party might expect to see a rack overflowing with shoes by the door. Lately, people entering some startup offices might, too.

Launched in March, the Manus platform was touted as the world’s first general AI agent.
BT EXPLAINS

What is Manus, the Singapore-based AI startup acquired for US$2 billion by Meta?

The platform built by the startup can complete tasks like resume-screening, financial document analysis and stock analysis

Manus sells an AI agent to businesses via a subscription service.

Meta to acquire Singapore-based startup Manus, adding agents to bolster AI bet

AI agents are tools that do not need human supervision to perform specific digital tasks