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Oura files to go public

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  Oura, the smart ring maker, has filed to go public. The filing with the Securities and Exchange Commission on Thursday shows that Oura’s revenue has jumped substantially in the past year. The company went from $697 million in revenue during the nine-month period that ended June 30 last year to $1.2 billion during the corresponding period this year. The company has said previously that it generated $500 million in revenue in 2024, roughly $1 billion in 2025, and that it expected to generate close to $2 billion in revenue this year. The company says it has sold 3.6 million rings over the past year, and that it currently has approximately 5 million paid members — that is, users who subscribe to its service for broader health metrics. The filing also says that Oura has an approximately 85% weighted-average 12-month membership retention rate, meaning that roughly 85% of members who sign up in a given month are still subscribed a year later. The company’s rings, which sell in the rang...
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Krafton doubles down on India with another $250M bet beyond gaming

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  Krafton, the South Korean gaming company behind titles including PUBG and Battlegrounds Mobile India (BGMI), plans to invest another $250 million in India over the next three to four years as it pushes beyond gaming into AI, robotics, and deep tech. Announced Friday, the new commitment will take Krafton’s total planned investment in India to more than $500 million, including the over $250 million it had already invested in the country since 2021. The funds also come in addition to Krafton’s commitment to a $670 million India-focused growth fund it unveiled with South Korean internet conglomerate Naver and investor Mirae Asset in December 2025. At the time, Krafton said it would contribute around $137 million at the fund’s first close. The new $250 million pledge is separate from the growth fund, the company confirmed to TechCrunch. India has become a key market for Krafton, giving the gaming publisher access to the world’s most populous country, with more than a billion internet...
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Startup ARR is less secure than ever, new research shows

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  AI has ushered in a lot of never-happened-before moments, but one of the most transformative is its impact on enterprise IT. Companies that have historically been cautious and committed long-term to what they buy are on pace to spend $4.25 trillion on technology in 2026, market researcher IDC predicts . It’s almost all driven by AI. New research from venture capital firm Madrona shows that 74% of 150 enterprise IT professionals it surveyed plan to expand their AI budgets in the next 12 months, and the rest plan to hold spending steady. Yet these same enterprises say that fewer than half of their AI pilots ever make it into full production. That’s actually an improvement. Last year, MIT famously reported that 95% of enterprise AI projects had failed in terms of ROI. Fewer than half succeeding is a pretty low bar, but it’s better than a 5% success rate. But the most telling finding from Madrona’s report is that, even when an enterprise does roll out the AI tech, it doesn’t commit...
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CD sales are making an unexpected comeback amid a retro tech boom

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  Retro tech is making a comeback , and this week, the Recording Industry Association of America (RIAA) put hard numbers to that trend in terms of music consumption habits. Surprisingly, the organization reported that CDs — yes, the shiny, round things that Spotify supposedly killed — are growing once again. According to the RIAA’s new report , CDs generated $171.1 million in revenue during the first half of 2026 — up 58.6% from roughly $107.9 million in the first half of 2025 — on 17.5 million units sold, up 45.7% from about 12 million units in the same period last year. That rebound is all the more interesting because it follows a rough 2025. Last year’s full-year report showed CD revenue had actually fallen 7.8% for the full year, from $338.9 million in 2024 to $312.4 million in 2025, while units sold dropped 11.6%, from 33.3 million to 29.5 million. The growth comes amid a surge of renewed interest in simpler tech, like so-called dumbphones , digital cameras, typewriters, landl...
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The Cybercab is Tesla’s ‘fork in the road’ moment

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  Today could be the day Tesla changes forever.   In a couple of hours, Tesla will “launch” the Cybercab — a small, gold, two-seater sedan with no steering wheel or pedals that uses cameras and AI to navigate the world — in its hometown of Austin, Texas.  The company hasn’t said what the launch will entail, exactly. It could be a few cars offering rides in a small area downtown, or a far grander affair in both size and scope.  Tesla certainly wants you to believe it’s the latter.   In the runup to the event, Tesla staged dozens — perhaps more — of its Cybercabs around Austin and in many other U.S. cities. At the time this story was published, 420 autonomous vehicles were registered in Texas, according to the state’s automated vehicle tracker .   Ashok Elluswamy, the head of Tesla AI, recently said in a post on X that the “streets won’t be the same anymore.” When another user wrote that Tesla is “about to flood Austin,” CEO Elon Musk replied:...
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