Top News Today: Tesla Terafab Project, Ambition Capital Raising Funds & More

Tesla is Launching the Terafab Project, While Peak XV Partners Raising Funds for a New Venture!
Top News Today_ Tesla Terafab Project, Ambition Capital Raising Funds & More.jpg
Written By:
Antara
Reviewed By:
Sankha Ghosh
Published on

Good morning, tech fam; here are some quick tech updates for you to catch up on!

What’s New Today: Tesla CEO Elon Musk announced on Saturday that the company’s Terafab Project will begin within the next seven days. 

Fast-Track Insights: Former Peak XV Partners Shailesh Lakhani and Harshjit Sethi have launched an early-stage venture fund targeting a $250 million corpus. 

Here’s a quick rundown of the biggest tech headlines making waves today. Let's dive into the top tech stories, from Elon Musk’s Terafab Project to the crypto market this week. 

Tesla Plans Massive AI Chip Factory Launch Soon

Tesla CEO Elon Musk said the company will start its “Terafab” project to produce artificial intelligence chips within seven days. The planned chip factory is expected to support Tesla’s growing need for powerful AI hardware. The company is also developing its fifth-generation AI chip to improve autonomous driving technology. The project reflects Tesla’s push to strengthen its in-house computing capabilities for future vehicles and advanced AI systems.

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Legal AI Startup Legora Triples Valuation After Major Funding Round

Former executives from Peak XV Partners have started a new early-stage venture fund to support young startups. At the same time, startups Snabbit and Scapia are in talks with investors to raise fresh capital for growth. The updates reflect steady investor interest in India’s startup ecosystem. In another development, edtech firms Upgrad and Unacademy are exploring a possible strategic deal. 

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RRB NTPC Admit Card 2026 Released for CBT 1 Exam

The Railway Recruitment Board has released the RRB NTPC Admit Card 2026 for the CBT 1 examination. Candidates who are planning to appear on the exam can download the hall ticket up to 19 March.  The admit card contains information about the exam date, shift times, and the location of the exam center. Candidates need to bring both a printed exam admission document and an official identification document to the examination room.

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ByteDance Pauses Global Launch of Seedance 2.0 After Copyright Concerns

ByteDance has paused the global launch of its Seedance 2.0 AI video tool after strong backlash from major Hollywood studios. Companies such as Disney and Paramount claim the model used protected content to train its system without permission. Legal warnings and copyright concerns increased pressure on the company. The dispute shows rising tension between AI innovation and intellectual property rights as creative industries demand clearer rules for how generative AI systems use training data.

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Bitcoin Faces Key Resistance as Market Awaits Breakout

Bitcoin is trading near $68,000 and moving within a tight range between $65,700 and $72,000. The market displays different signals that show opposite results. Bitcoin remains below key moving averages. This shows market participants are exercising caution. Significant short positions and whale accumulation could trigger a short squeeze if BTC reaches $72,000 in the upcoming trading sessions.

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