Jun 17, 2026 · 5:03 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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Elroy Fernandes ·
Asana buys StackAI for 75M
Asana's $75M acquisition of StackAI, announced alongside better-than-expected earnings, signals a consolidation wave as major SaaS platforms move to own the AI automation stack and squeeze standalone players.



Elroy Fernandes ·
Shanghai designs AI token futures as US pursues GPU contracts
China's daily AI token usage has surged 1,000-fold to over 140 trillion, forcing compute rationing. Now the Shanghai Futures Exchange is designing token futures while U.S. exchanges focus on GPU rental contracts. The race to financialize AI has two different models.

Sesame's iPhone debut tests whether voice AI can feel human
Elroy Fernandes ·
Sesame's iPhone debut tests whether voice AI can feel human
Sesame has launched its iOS app, giving the Oculus-founded startup its first real test in public. The bigger question is whether voice AI can become sticky enough to justify the company's funding and hardware ambitions.









CZI bets on an open AI model for drug discovery
Elroy Fernandes ·
CZI bets on an open AI model for drug discovery
CZI's new AI world model for drug discovery arrives as the sector turns into a capital-heavy race between open scientific infrastructure and proprietary platforms.

Cognition's funding talks show how far AI coding bets have run
Elroy Fernandes ·
Cognition's funding talks show how far AI coding bets have run
Cognition AI is reportedly in early talks to raise hundreds of millions of dollars at a 25 billion valuation, a sign that investors are still bidding up autonomous coding agents. The move would sharply lift the startup behind Devin and intensify pressure on Cursor, GitHub Copilot, and other rivals.

Robinhood lets AI agents trade stocks and pay by credit card
Elroy Fernandes ·
Robinhood lets AI agents trade stocks and pay by credit card
Robinhood is letting AI agents place stock trades and linking that automation to a credit card, a move that expands retail finance while raising sharper questions about risk, leverage, and regulation.

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