Elroy Fernandes

Elroy is a digital marketer and developer from Goa, with over a decade of experience web development and marketing. He has been associated with several startups and serves currently as an Editor to the Asia Pacific Industrial magazine. He occasionally writes on Startup Fortune about technology and automation.

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Elroy Fernandes · Jun 23, 2026 · 1:57 AM

Strategy hoards cash at ten times the pace it buys Bitcoin, and that gap tells you everything

Strategy disclosed a 520-BTC purchase for $34.9 million on June 22, its third straight weekly acquisition, but the real headline is the $335.5 million ATM stock sale that funded it: less than 11 percent went to Bitcoin, the rest into a USD reserve now standing at $1.4 billion. With its position roughly $10 billion underwater and preferred stock obligations requiring a steady cash buffer, Saylor appears to be war-chesting as much as accumulating.

Elroy Fernandes · Jun 22, 2026 · 6:52 PM

Two Singaporean brothers turned unsolvable math into Southeast Asia's first post-quantum encryption patents

Elroy Fernandes · Jun 22, 2026 · 1:21 PM

Sakana AI launches Fugu Ultra and its orchestration model matches Fable and Mythos without training a single frontier model

Sakana AI launched Fugu and Fugu Ultra in Tokyo today, a multi-agent orchestration system that scores 54.2 on SWE-Pro and 95.1 on GPQA-Diamond by routing tasks across a pool of frontier models rather than training one. The approach matches Anthropic's Fable and Mythos on key benchmarks while eliminating export control risk, with pricing starting at $5 per million input tokens.

Elroy Fernandes · Jun 22, 2026 · 7:33 AM

How to Build a B2B Sales Pipeline for Startups With No Brand and No Budget

Building a B2B sales pipeline for startups without a recognizable brand or a marketing budget is entirely possible, but it requires a specific playbook that most sales guides skip entirely. This piece covers the exact outbound and inbound approach that works at the seed stage, from defining your ideal customer profile to closing deals without a CRM subscription.

Elroy Fernandes · Jun 22, 2026 · 5:42 AM

The Wu brothers built a billion-dollar chip empire while everyone watched Nvidia

Himax Technologies co-founders Biing-Seng Wu and Jordan Wu have crossed the billionaire threshold as their Tainan-based fabless chipmaker surges 77% on AI hardware demand. Himax's LCoS microdisplays for AR glasses and its role as sole microlens array supplier for Nvidia's co-packaged optics platform have quietly made it one of the most strategically positioned companies in the AI buildout.

Elroy Fernandes · Jun 21, 2026 · 10:43 PM

Big Tech is building secret power plants next to its AI data centers and the government is helping

Elroy Fernandes · Jun 21, 2026 · 6:30 PM

Singapore puts S$48 million behind local media firms to build AI content skills and reach new audiences

Singapore's IMDA has launched a S$48 million, four-year Digital Content and Capability Development programme to help local media firms produce Singapore-centric content and integrate AI into their production workflows. The initiative, announced June 18, covers 117 pre-qualified companies and runs alongside a separate S$200 million Talent Accelerator Programme, bringing total planned sector support to roughly S$250 million.

Elroy Fernandes · Jun 21, 2026 · 2:29 PM

A Japanese pension fund's 1% crypto allocation signals that institutional adoption has crossed the Pacific

A Japanese corporate pension fund has announced a 1% crypto allocation, following Japan's landmark decision to reclassify Bitcoin and Ethereum as financial instruments under the FIEA. With GPIF having already committed ¥180 billion to crypto index funds, Japan is building the most complete institutional crypto framework outside the US, and Asia's $3 trillion pension universe is watching.

Elroy Fernandes · Jun 21, 2026 · 10:03 AM

Bitcoin ETFs shed $4.4 billion in 13 days as the Fed's rate pivot redraws the institutional trade

US spot Bitcoin ETFs shed $4.4 billion across a record 13-day outflow streak in June 2026, with a single week logging $3.4 billion in redemptions. The selloff is less a crisis of conviction than a rational response to Kevin Warsh's Fed repricing rate expectations, with long-term holders actually absorbing 125,000 BTC during the same period.

Elroy Fernandes · Jun 21, 2026 · 4:21 AM

Two ex-OpenAI founders built a tool to measure how well AI models actually know who you are

Elroy Fernandes · Jun 20, 2026 · 9:29 PM

Strategy held its Bitcoin through the 2022 collapse and built a $48 billion cushion, then sold 32 coins to pay a dividend

Elroy Fernandes · Jun 20, 2026 · 3:08 PM

South Korea's AI chip bonuses are about to become a monetary policy problem

Elroy Fernandes · Jun 20, 2026 · 10:42 AM

Nobel laureate John Jumper leaves Google DeepMind for Anthropic as talent drains from Google's AI crown jewel

John Jumper, Nobel laureate and co-creator of AlphaFold, announced on June 19, 2026 that he is leaving Google DeepMind after nearly nine years to join Anthropic. The move follows Gemini co-lead Noam Shazeer's departure to OpenAI days earlier, marking a serious week of talent loss for Google's AI division. Anthropic has been building dedicated AI-for-science infrastructure throughout 2026, including wet labs and partnerships with the Allen Institute and Howard Hughes Medical Institute.

Elroy Fernandes · Jun 20, 2026 · 5:00 AM

Unilever and Accenture bet on digital twins to prove industrial AI pays off

Unilever and Accenture announced a multi-year deal on June 16 to deploy more than 40 AI-powered digital twins across Unilever's global manufacturing network. A pilot at Unilever's Raeford, North Carolina plant has already delivered a 20% waste reduction and 10% capacity increase. For Accenture, whose shares are down roughly 30% year-to-date, the mandate is a high-visibility win tied to measurable operational outcomes.

Elroy Fernandes · Jun 20, 2026 · 1:12 AM

Sonic Labs replaces its entire executive layer as meme-driven growth gives way to a harder reckoning

Sonic Labs has replaced its entire executive leadership, with CEO Mitchell Demeter and head of business development Evan Owens both departing in February 2026. The company is now burning 32.69 million unclaimed S tokens and overhauling its developer fee model as it attempts to rebuild credibility after its token fell more than 96% from its January 2025 all-time high.

Elroy Fernandes · Jun 19, 2026 · 9:24 PM

Jio's network-native AI push at Reliance's 49th AGM is a bet that carriers can replace the app layer

At Reliance's 49th AGM on June 19, 2026, Jio unveiled Call Agent, a network-native AI voice assistant requiring no app download, available across 22 Indian languages to all 500 million subscribers. Alongside the TeleFrame home AI OS and the Kamdhenu sovereign AI initiative, Reliance is making the boldest bet in global telecom that the carrier, not the app platform, should own the AI layer.