India's operational solar cell manufacturing capacity is approaching 50 GW, according to Mercom India's PV Manufacturing Tracker, up from just over 7 GW in 2024. Module capacity is still about 5.5 times larger, and wafers and polysilicon remain largely imported.
BloombergNEF's India Transition Factbook 2026 finds India crossed 50% non-fossil power capacity five years ahead of target and drew $72 billion in transition investment in 2025, but coal still supplies about 68% of electricity and most EV targets look out of reach.
America's biggest banks opened the third-quarter reporting season with sharply different results. Goldman Sachs earned $17.01 a share on a 72% jump in equities revenue, Citi posted its best third-quarter revenue in a decade, and JPMorgan missed on profit as fixed-income trading softened and expenses rose.
South Korea's Kospi fell more than 7% intraday on October 13 and triggered a trading curb. SK Hynix dropped 10% and Samsung Electronics 7.4% after China's CXMT reported progress on denser DRAM, raising doubts about how long the AI-driven memory boom can last.
New York-based Allara, founded by Rachel Blank after her own PCOS diagnosis, has raised $30 million to expand its integrated care platform for hormonal, metabolic and reproductive health. The company has served more than 120,000 women and is now building AI tools for clinicians and patients.
Cambridge-based Alchera Technologies, led by co-founder and CEO Anna Jordan, has raised a £2.7 million seed round led by Maven Capital Partners to scale an AI platform that predicts traffic on Britain's busiest roads, including the M25, up to two years ahead.
Hamburg-based 1KOMMA5° has raised about €70 million in a round led by b2venture, at a pre-money valuation of $1.35 billion, to expand Heartbeat AI, a platform that controls more than 100,000 home energy systems and trades their power on electricity exchanges.
Her Startup has opened applications for Cohort 2.0, an accelerator delivered with the Founder Institute that offers mentorship, stipends and the chance to pitch for up to $5,000 in seed funding. It is open to young women leading revenue-generating tech businesses across Africa, with applications closing on October 26, 2026.
German semiconductor startup Ubitium has raised $14 million in seed funding led by Ibex Investors, with personal backing from Quantum Systems co-CEO Florian Seibel, to commercialise a reconfigurable processor that handles sensing, AI inference and real-time control for drones and robots on one chip.
Causa Prima, founded this year by Taulia co-founder Maex Ament, has raised a $20 million seed round led by Base10 Partners for a network in which AI agents representing buyers and suppliers negotiate invoice disputes, payment timing and early-payment discounts.