Jun 17, 2026 · 2:51 AM
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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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Apoha raises $36 million to bring AI into materials discovery
Elroy Fernandes ·
Apoha raises $36 million to bring AI into materials discovery
Apoha has emerged from stealth with a $36 million Series A to build AI models around molecular and materials behavior. Its Liquid Brain platform points to a growing investor bet that proprietary physical data, not just software, will define the next layer of AI infrastructure.

A New York bar is turning Kalshi into small-business insurance
Elroy Fernandes ·
A New York bar is turning Kalshi into small-business insurance
The Jeffrey in Manhattan is using Kalshi contracts to hedge a free-drinks promotion tied to a Knicks win in Game 1 of the NBA Finals. The move shows how prediction markets may evolve from speculation into practical risk tools for small businesses.

Bilt faces a harder test as regulators review payment failures
Elroy Fernandes ·
Bilt faces a harder test as regulators review payment failures
The CFPB met with Bilt after customers reported rent and mortgage payment problems during the company's card transition. The bigger issue is whether fintech firms can use AI-heavy support and complex rewards structures when they are handling essential housing payments.

Microsoft Scout brings OpenClaw’s agent model into the office
Elroy Fernandes ·
Microsoft Scout brings OpenClaw’s agent model into the office
Microsoft launched Scout at Build as an always-on AI assistant built on OpenClaw for Microsoft 365. The product could make personal agents useful at work, but its success depends on trust, controls and whether autonomy actually reduces friction.

Nous Research brings Hermes Agent out of the terminal
Elroy Fernandes ·
Nous Research brings Hermes Agent out of the terminal
Nous Research has launched Hermes Desktop in public preview, bringing its open-source Hermes Agent into a native app for macOS, Windows and Linux. The move shows how open-source agent infrastructure is shifting from terminal-first tools into products that can compete for everyday team workflows.

Franklin Templeton brings tokenized money funds closer to stablecoins
Elroy Fernandes ·
Franklin Templeton brings tokenized money funds closer to stablecoins
Franklin Templeton and MoonPay are connecting BENJI with MoonPay Trade so eligible institutions can move between stablecoins and tokenized money market fund exposure onchain. The deal shows how tokenized funds are becoming liquidity infrastructure, not just blockchain versions of existing products.

Microsoft gives AI agents a safer way to work on Windows
Elroy Fernandes ·
Microsoft gives AI agents a safer way to work on Windows
Microsoft introduced Microsoft Execution Containers at Build 2026 to give developers policy-based controls for AI agents on Windows and WSL. The move ties agent execution to Windows, Agent 365, Entra and Intune as enterprises look for containment, identity and auditability.

Coinbase brings stablecoins closer to everyday checkout
Elroy Fernandes ·
Coinbase brings stablecoins closer to everyday checkout
Coinbase and Checkout.com are giving eligible enterprise merchants a way to accept USDC and USDT while still settling in USD. The partnership makes stablecoin payments look less like crypto adoption and more like payment infrastructure.

SK Hynix pledges to double wafer capacity within five years as AI memory shortage deepens toward 2030
Elroy Fernandes ·
SK Hynix pledges to double wafer capacity within five years as AI memory shortage deepens toward 2030
SK Group Chairman Chey Tae-won announced at Computex 2026 that SK Hynix will double its wafer capacity within five years, citing a memory shortage he expects to persist through 2030. The company holds 58 percent of the global HBM market and is projected to spend over KRW 30 trillion in capex this year alone. Samsung and Micron are responding with their own aggressive investment plans, setting up a high-stakes battle for Nvidia's HBM4 supply contracts.



Anthropic has started the public market test for frontier AI
Elroy Fernandes ·
Anthropic has started the public market test for frontier AI
Anthropic has confidentially filed for an IPO, putting one of the leading frontier AI companies on the path toward public market scrutiny. The filing raises immediate questions about valuation, compute costs and how OpenAI may respond.

Quantinuum raises its IPO target as quantum demand heats up
Elroy Fernandes ·
Quantinuum raises its IPO target as quantum demand heats up
Quantinuum has lifted its planned IPO target to as much as $1.46 billion, putting the Honeywell-backed quantum computing company on track for a valuation of about $14.3 billion. The deal will test whether public investors are ready to fund frontier computing companies before their largest markets fully mature.

Binance is pushing stock trading into the crypto app era
Elroy Fernandes ·
Binance is pushing stock trading into the crypto app era
Binance is adding zero-commission access to more than 7,000 U.S. stocks and ETFs for non-U.S. customers while preparing a tokenized equities product called bStocks. The move pushes the crypto exchange into brokerage territory just as regulators are paying closer attention to tokenized securities.

A Costco gold scare shows why bullion testing needs a second check
Elroy Fernandes ·
A Costco gold scare shows why bullion testing needs a second check
A reported fake Sigma Metalytics reading on a Costco PAMP 25 gram gold product has raised concern among bullion buyers. The stronger takeaway is that small sealed bars need careful retesting, refinery authentication, and professional verification before anyone calls them counterfeit.

A home Bitcoin miner won a rare block with a $300 machine
Elroy Fernandes ·
A home Bitcoin miner won a rare block with a $300 machine
A home Bitcoin miner using a Canaan Avalon Nano 3S won block 951771 and earned about $232,000. The win shows Bitcoin still lets tiny miners compete, but it does not make solo home mining a dependable business model.

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