India has updated its startup framework to support deep tech companies, while the AI chipmaker Cerebras Systems secured $1 billion in fresh capital, and Apple is preparing to launch the iPhone 17e. These developments, along with the 30th anniversary of Section 230 and a new gaming accessory, highlight the latest trends in technology and policy.
The Indian government announced changes to its startup rules this week, extending the period for which deep tech companies are treated as startups to 20 years. The revenue threshold for startup-specific tax, grant, and regulatory benefits was also raised to 3 billion rupees (approximately $33.12 million), up from 1 billion rupees (around $11.04 million) previously, according to TechCrunch. This move aims to align policy timelines with the long development cycles typical of science- and engineering-led businesses, as part of New Delhi's effort to build a long-horizon de.
In the AI sector, Cerebras Systems raised $1 billion in fresh capital, reaching a valuation of $23 billion, nearly tripling its valuation in just six months, as reported by TechCrunch. Benchmark Capital, one of the company's earliest backers, invested at least $225 million in the latest round. The firm raised two separate vehicles, both called Benchmark Infrastructure, to facilitate the investment, according to regulatory filings.
Apple is preparing to launch the iPhone 17e, almost exactly one year after launching the iPhone 16e, according to The Verge, citing Mark Gurman. The new phone will feature an upgraded A19 chip from the iPhone 17 lineup and MagSafe. An updated iPad and iPad Air are expected to launch around the same time.
In the gaming world, GuliKit released a tiny USB dongle that allows users to connect their PS5 controller to the Switch 2, as reported by The Verge. This dongle, similar to 8BitDo's USB Adapter 2, is smaller, cheaper, and offers a low-latency mode on PC.
Meanwhile, Section 230 of the Communications Decency Act turned 30 years old. The law, which has survived the dot-com bubble and the Supreme Court, is now facing its biggest tests yet, according to The Verge. The law's future is uncertain as it navigates challenges related to content moderation and antitrust concerns.
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