This Fund Is Investing In Researchers Before They Even Start A Company - TechRound

• Asian stock markets experienced cautious gains driven by a recovery in AI-related sectors and signs of de-escalation between Israel and Iran. • Market performance was mixed across the region, with Singapore’s Straits Times index rising 1.1% while Hong Kong’s Hang Seng index fell 0.2%.

• South Korean stocks surged by more than 8% on Tuesday, reclaiming the 8,000-point threshold after a similar percentage plunge in the previous session. • The market rebound was driven by a shift toward risk-on sentiment following a ceasefire agreement between Israel and Iran.

• Apple has announced that its new Siri AI features will not be available for iPhone and iPad users in the European Union as part of iOS 27 or iPadOS 27. • The company claims the delay is due to the European Commission refusing to accept any of Apple's suggestions regarding regulatory compliance over the past several months.

• Apple has indefinitely delayed the rollout of its new Siri AI features for iPhones and iPads in the European Union and China. • The restriction affects the upcoming iOS 27 and iPadOS 27 updates, preventing users in these regions from accessing the highly anticipated AI capabilities.

• Creator Fund has raised $56 million specifically to support scientific founders across Europe in transitioning breakthrough research into viable startups. • The fund has already quietly completed 11 initial investments targeting innovators in the United Kingdom, Germany, Denmark, the Netherlands, and Hungary.

• Apple has announced an indefinite delay for the rollout of its "Siri AI" upgrade on iPhones and iPads within the European Union. • The reimagined assistant, powered by Apple Intelligence, was originally unveiled during the company's annual WWDC 2026 conference.

• UK-based venture capital firm Creator Fund has closed its first European fund, securing $56 million (£42 million) in capital. • The fund specifically targets pre-seed scientific founders across Europe, providing backing even before entrepreneurs have developed a formal pitch deck.

• Circular11, a UK-based advanced materials company founded in 2021, raised £2.4 million on June 1, 2026, to convert low-grade plastic waste into low-carbon timber alternatives. • The funding round for Circular11 was led by Vectr7 Investment Partners LLP, with additional support from The FSE Group, private investors, and an InnovateUK grant.

• A Leamington-based startup has announced its support for UK Small Business Week, a national campaign initiated by Entrepreneurs Circle to honor the impact of small businesses on local communities. • The startup has developed a specialized AI system designed to transform occupational health services, addressing long-standing challenges faced by providers globally.

• Apple will not launch the new Siri AI or Apple Intelligence features for users in the European Union when iOS 27 arrives in September. • The company attributes this delay to regulatory challenges posed by the Digital Markets Act (DMA).

• OpenAI has officially filed for an initial public offering (IPO), signaling a major transition for the AI giant as it seeks public capital. • Apple has delayed the rollout of Siri's latest updates in the European Union to ensure compliance with strict regional regulations.

• Apple's new Siri AI is currently available in beta for developers, with a general release for end users scheduled for "this fall." • SVP of Engineering Craig Federighi confirmed the rollout, though the AI features will be delayed in the European Union and China.