AI startup Simile has raised $100 million (₹905 crore) in a new round of funding to help companies predict human behaviour, including by guessing items customers might purchase and questions that might get asked on earnings calls. The financing was led by Index Ventures, with participation from Bain Capital Ventures, A* and Hanabi Capital. Simile is based in the US.

Rays of Belief, the parent company of child development and therapy organisation Mom's Belief, on Wednesday filed an updated draft red herring prospectus (UDRHP) with SEBI for an IPO to fund its expansion plans. The IPO comprises an entirely fresh issue of 60 lakh shares with no offer-for-sale component. The company had filed IPO papers in August 2025.

The Ministry of Defence on Thursday signed a ₹2,312-crore contract with Hindustan Aeronautics Limited for the acquisition of eight Dornier 228 aircraft, along with operational role equipment, for the Indian Coast Guard. The contract was signed in the presence of Defence Secretary Rajesh Kumar Singh in Delhi. The government also reportedly cleared a proposal to procure 114 Rafale fighter jets.

Crude oil price on February 12 fell to $64.39 per barrel, down 0.38% daily but up 5.29% over past month. WTI crude hovered near $65, close to five-month high, supported by US-Iran tensions. However, gains were limited after US inventories jumped by 8.5 million barrels. OPEC kept demand forecasts unchanged, while traders await IEA's report on possible global oil surplus.

Apex Frozen Foods hit a fresh 52-week high, surging over 15% on February 12, 2026. This rally follows a strong Q3FY26 turnaround, with revenue hitting ₹264.29 crore and profits reaching ₹10.09 crore. Technically, the stock is eyeing a breakout from a 16-year consolidation above ₹445, supported by bullish RSI and MACD indicators on the monthly chart.

Solana Executive Chairman Joseph Chee believes the blockchain's next growth "supercycle" will begin in Asia. He cited the region's population and openness to technology, predicting the first billion new blockchain users will come from the Asia-Pacific. Chee noted Asia adopts tech faster than North America or Europe, making it the likely starting point for Solana's expansion.

Peter Schiff criticised Michael Saylor's plan to refinance debt and buy Bitcoin, suggesting it could find support at $10,000. Schiff questioned if anyone would take Saylor or Bitcoin seriously if it traded at $8,000 in 2030. This comes as the Crypto Fear & Greed Index hit record lows and traders expect Bitcoin to stay below $80,000.

AIxCrypto shares rose 6.2% pre-market after partnering with BitMart to launch a virtual prepaid card. The deal allows integration with major digital wallets, with AIxC managing marketing and BitMart running operations. This follows a recent robotics partnership, expanding the company's blockchain infrastructure scope.

Fastly shares surged 42% pre-market after William Blair upgraded the stock to 'Outperform'. The firm cited a standout Q4 beat and emerging demand from agentic AI. While agentic traffic is currently in its infancy, William Blair sees it as a major long-term catalyst. Fastly reported revenue of $172.6 million, significantly beating estimates.

Treasury Secretary Scott Bessent reportedly supports a Senate investigation into Fed Chair Jerome Powell. This move aims to sway Senator Thom Tillis, who opposes Kevin Warsh's nomination. The proposed Senate Banking Committee probe would replace a DOJ investigation, resolving a hurdle for Trump's pick.