OpenAI cuts prices on smaller models as businesses scrutinise AI spend

The ChatGPT maker lowered the cost of its smaller GPT-5.6 Luna model by 80% and its mid-tier Terra by 20%, while leaving the price of its biggest and ‌flagship Sol model ⁠unchanged.

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Zepto may defer IPO; Festive carts go premium

Happy Thursday! A roadblock in valuation negotiations may prompt Zepto to delay its listing. This and more in today’s ETtech Morning Dispatch.

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OpenAI's Sam Altman discusses rogue agent and new AI models with US senators

Altman met with Senators Raphael Warnock and Bernie Moreno on ​Wednesday, according to spokespeople for the senators. He is also expected ​to meet with Senator Mark Warner, the top Democrat on the chamber's Intelligence Committee, a spokesperson ​for Warner told Reuters.

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School holidays today: State-wise update as rain closes schools in select districts

Schools across most parts of India remain open today, July 29, 2026, as Guru Purnima is observed as a restricted holiday rather than a statewide closure. However, district administrations in Nagpur, Bageshwar, Champawat, Garhwal and Visakhapatnam have suspended classes because of heavy rainfall, landslide risks or local event management. While educational institutions in major cities continue normal operations, parents and students are advised to follow official school and district notifications for any last-minute weather-related changes.

from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India
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Atomberg’s fundraise plans; Neocloud firms eye India capacity

Happy Wednesday! Atomberg Technologies is in talks to raise funding for its engineering arm ahead of a public listing. This and more in today's ETtech Morning Dispatch.

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Elon Musk teases Grok 4.6 and 4.7 as AI race heats up

Musk said Grok 4.6 will arrive around August 7 as a 1.5-trillion-parameter model with substantially upgraded supervised fine-tuning and reinforcement learning. This will be followed just weeks later by Grok 4.7, a larger 2.1-trillion-parameter model.

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More layoffs at Krutrim; PhonePe vs Paytm

Happy Tuesday! Ola’s AI startup Krutrim has conducted another round of layoffs, sources told us. This and more in today’s ETtech Morning Dispatch.

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