The AI gold rush is creating an unexpected casualty: yesterday’s unicorns. More than 220 US startups that once enjoyed billion-dollarvaluationshave slipped into “fallen unicorn” territory, according to PitchBook, as investors shift their attention, and capital, to AI-native companies. For many startups built before ChatGPT, raising fresh funding now requires more than a big valuation; it requires strong growth, profitability, or a compelling AI story. At the same time, Nvidia is pushing AI deeper into everydaycomputing. The chipmaker has unveiled its RTX Spark PC chip, bringing advanced AI capabilities directly to laptops and desktops. CEO Jensen Huang said the launch is part of a multi-year effort with Microsoft to reinvent the personal computer for the AI era. Europe, meanwhile, is trying to reduce its dependence on US tech giants. The European Commission is expected to propose strict eligibility rules forcloud providersbidding for highly sensitive government projects, a move that could make it harder for Amazon, Microsoft, and Google to participate. The proposal forms part of the bloc's broader Cloud and AI Development Act aimed at strengthening Europe's technological sovereignty. In today’s newsletter, we will talk about Here’s your trivia for today:Who is the only tennis player to complete a Calendar-Year Golden Slam? After eight years of research, thousands of product iterations, and a devastating lab fire, deeptech startup Anabio Tech is ready to launch what it claims is India's first flushable sanitary pad. Built from plant-based biodegradable materials, the product aims to tackle one of the menstrual hygiene industry's biggest unsolved challenges: disposal. Clean-label food brand Anveshan has raised Rs 150 crore in a Series B round led by Vertex Ventures Southeast Asia & India as it looks to scale manufacturing, expand distribution, and capitalise on rising consumer demand for minimally processed and transparent food products. Who is the only tennis player to complete a Calendar-Year Golden Slam? We would love to hear from you! To let us know what you liked and disliked about our newsletter, please mail[email protected]. If you don’t already get this newsletter in your inbox,sign up here. For past editions of the YourStory Buzz, you can check ourDaily Capsule page here.
