Business
AI Company Robosource Secures Capital Investment Through Strategic Partnership

News Release
Fishers-based Robosource, an emerging leader in the process automation and artificial intelligence (AI) sector, has successfully closed its Seed Series round, securing investments from Florida-based The Tebow Group and Arizona-based Legacy Portfolio, LLC. The Tebow Group was founded by Tim Tebow, philanthropist, former Heisman Trophy winner, and NFL quarterback.
The investment marks a significant milestone for Robosource as it continues to innovate and expand its portfolio of cutting-edge solutions in automation technology.
Founded in 2012, Robosource introduces AI-powered automation into medium and large enterprises, enhancing efficiency, streamlining workflows, and reducing operational costs across many industry verticals. With a mission of freeing clients from the monotony that keeps them from engaging in creative, strategic, and higher-value work, Robosource brings its scalable solutions to a global market. Robosource is an original tenant of Launch Fishers, the largest co-working space in the Midwest, centrally located in Fishers’ downtown Nickel Plate District.
“We’re thrilled The Tebow Group is a strategic partner in our journey,” said Jason Beutler, founder and CEO of Robosource. “Their support provides vital capital to fuel our growth and AI product development, while aligning us with a visionary organization that shares our values of innovation, community, and giving back. This investment allows us to accelerate product development, grow our revenue more quickly, and bring our groundbreaking technology to the world stage.”
The Tebow Group is known for backing impactful startups that combine purpose and profit. The organization’s focus on investing in mission-driven companies with the potential to transform through technology closely matches Robosource’s mission to disrupt traditional workflows and drive automation forward.
“There is so much discussion around artificial intelligence right now that it was important for our team to get under the hood and understand how AI tools could be used as a force for good,” said Tim Tebow, founder of The Tebow Group. “Robosource brings personalized AI-powered automation into business, and we believe that can help businesses focus on what really matters. I’m honored to work with a team that’s helping shape the future of AI.”
With this investment, Robosource will scale its operations, expand development efforts, and explore new opportunities in industries ranging from insurance to financial services to healthcare.
“This funding will allow us to push the boundaries of what’s possible with AI in process automation technology,” said Beutler. “We’re committed to creating solutions that solve real-world problems for companies that are looking for ways to grow intelligently through speed and automation.”
Robosource, which is a TechPoint member, is one of many Indiana companies leading in AI. Indiana has the building blocks in place to lead in AI, with a strong foundation in advanced manufacturing, logistics, life sciences, world class universities, growing tech ecosystem, and innovative workforce development initiatives.
“Robosource’s growth is a clear signal that Indiana is emerging as a hub for responsible and practical AI innovation,” said Ting Gootee, president and CEO, TechPoint. “As a company rooted in purpose and driven by cutting-edge technology, Robosource represents the kind of talent and ingenuity that will power Indiana’s AI leadership. This investment accelerates their impact and strengthens our state’s position as a place where AI companies can grow, thrive, and shape the future.”
Business
Trump asks US Supreme Court to uphold his tariffs after lower court defeat

President Donald Trump has asked the US Supreme Court to overturn a lower court decision that found many of his sweeping tariffs were illegal.
In a petition filed late on Wednesday, the administration asked the justices to quickly intervene to rule that the president has the power to impose such import taxes on foreign nations.
A divided US Court of Appeals for the Federal Circuit last week ruled 7-4 that the tariffs Trump brought in through an emergency economic powers act did not fall within the president’s mandate and that setting levies was “a core Congressional power”.
The case could upend Trump’s economic and foreign policy agenda and force the US to refund billions in tariffs.
Trump had justified the tariffs under the International Emergency Economic Powers Act (IEEPA), which gives the president the power to act against “unusual and extraordinary” threats.
In April, Trump declared an economic emergency, arguing that a trade imbalance had undermined domestic manufacturing and was harmful to national security.
While the appellate court ruled against the president, it postponed its decision from taking effect, allowing the Trump administration time to file an appeal.
In Wednesday’s night’s filing, Solicitor General John Sauer wrote that the lower court’s “erroneous decision has disrupted highly impactful, sensitive, ongoing diplomatic trade negotiations, and cast a pall of legal uncertainty over the President’s efforts to protect our country by preventing an unprecedented economic and foreign policy crisis”.
If the Supreme Court justices deny the review, the ruling could take effect on 14 October.
In May, the New York-based Court of International Trade declared the tariffs were unlawful. That decision was also put on hold during the appeal process.
The rulings came in response to lawsuits filed by small businesses and a coalition of US states opposing the tariffs.
In April, Trump signed executive orders imposing a baseline 10% tariff as well as “reciprocal” tariffs intended to correct trade imbalances on more than 90 countries.
In addition to those tariffs, the appellate court ruling also strikes down levies on Canada, Mexico and China, which Trump argues are necessary to stop the importation of drugs.
The decision does not apply to some other US duties, like those imposed on steel and aluminium, which were brought in under a different presidential authority.
Business
Hermes Testing expands probe solution business amid AI-driven semiconductor demand

Hermes Testing, a testing solutions provider under Hermes Epitek, is leveraging its machine engineering services and customized equipment manufacturing to address growing demand in advanced semiconductor testing driven by AI industry growth. The company…
Business
Google told to pay $425m in privacy lawsuit

A US federal court has told Google to pay $425m (£316.3m) for breaching users’ privacy by collecting data from millions of users even after they had turned off a tracking feature in their Google accounts.
The verdict comes after a group of users brought the case claiming Google accessed users’ mobile devices to collect, save and use their data, in violation of privacy assurances in its Web & App Activity setting.
They had been seeking more than $31bn in damages.
“This decision misunderstands how our products work, and we will appeal it. Our privacy tools give people control over their data, and when they turn off personalisation, we honour that choice,” a Google spokesperson told the BBC.
The jury in the case found the internet search giant liable to two of three claims of privacy violations but said the firm had not acted with malice.
The class action lawsuit, covering about 98 million Google users and 174 million devices, was filed in July 2020.
Google says that when users turn off Web & App Activity in their account, businesses using Google Analytics may still collect data about their use of sites and apps but that this information does not identify individual users and respects their privacy choices.
Separately this week, shares in Google’s parent company Alphabet jumped by more than 9% on Wednesday after a US federal judge ruled that it would not have to sell its Chrome web browser but must share information with competitors.
The remedies decided by District Judge Amit Mehta emerged after a years-long court battle over Google’s dominance in online search.
The case centred on Google’s position as the default search engine on a range of its own products such as Android and Chrome as well as others made by the likes of Apple.
The US Department of Justice had demanded that Google sell Chrome – Tuesday’s decision means the tech giant can keep it but it will be barred from having exclusive contracts and must share search data with rivals.
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