AI bubble burst may trigger 2008-like banking crisis, says Gary Marcus

In a recent discussion, Gary Marcus raised critical flags about OpenAI's fiscal responsibilities as the stock market faces instability. He warned that the demise of leading AI firms could trigger extensive financial repercussions. Notably, Marcus compared the current climate to WeWork's disastrous decline, suggesting that Microsoft might pick up OpenAI at a bargain.

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‘Dad, the internet at home is too slow’: How Jio’s founding idea took shape

Isha Ambani's concerns regarding poor household internet sparked important conversations about India's digital landscape, leading to transformative innovations. In response, Mukesh Ambani pioneered Reliance Jio in 2011, aiming to enhance mobile connectivity across the nation. Its launch in September 2016 revolutionized the telecom sector by offering affordable data and complimentary voice services.

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From shareholders to partners: How Google and Meta’s Jio investments evolved into an AI alliance

Meta and Google, originally minority shareholders in Jio Platforms, are now forming strategic partnerships with Reliance. The new collaborations focus on enterprise AI initiatives and dedicated cloud infrastructure in India. Meta's joint venture will leverage Llama models for developing AI platforms, while Google focuses on establishing cloud services. Both companies aim to enhance Reliance's capabilities in AI and cloud technology sectors.

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From shareholders to partners: How Google and Meta’s Jio investments evolved into an AI alliance

Meta and Google, originally minority shareholders in Jio Platforms, are now forming strategic partnerships with Reliance. The new collaborations focus on enterprise AI initiatives and dedicated cloud infrastructure in India. Meta's joint venture will leverage Llama models for developing AI platforms, while Google focuses on establishing cloud services. Both companies aim to enhance Reliance's capabilities in AI and cloud technology sectors.

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Meta releases open-weight Muse Spark model for coding, agentic tasks

Open-weight models make trained parameters available for developers to modify, unlike proprietary models that remain under their creators' control. They can offer businesses a lower-cost alternative to closed systems.

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Flipkart ex-staff push for Esop buyout; Wipro, Tech Mahindra’s Q2 report

Happy Friday! Former Flipkart employees are asking Walmart to cash out their vested stock options. This and more in today’s ETtech Morning Dispatch.

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Nvidia, Apple each gave $25 million for Trump's ballroom: Washington Post

The Adelson family, longtime financial supporters of Trump and his Republican Party, committed $25 million as well, as did billionaire Charles Ergen, co-founder and chairman of telecommunications company Dish Network, the report added.

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Anthropic Q3 revenue surges 45% to $16.8 billion as AI startup gears up for $2 trillion IPO

Anthropic reported a 45% increase in revenue for the third quarter, reaching $16.8 billion. The company's revenue for the first and second quarters was $4.7 billion and $11.6 billion, respectively. Anthropic aims for a valuation exceeding $2 trillion, emphasizing substantial revenue growth despite significant operational losses. Founded by former OpenAI executives, the company focuses on AI safety amid growing competition.

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Skyroot eyes funding boost; MDR deferment cheers D2C brands

Happy Thursday! Skyroot is eyeing a big funding round as it gears up to scale rocket production. This and more in today’s ETtech Morning Dispatch.

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Eight US states sue OpenAI, claiming ChatGPT harms children

The lawsuits, which were filed in state courts, are seeking an order forcing OpenAI to make changes to how ChatGPT works for children. The states are also seeking an order forcing the company to give up profits it has generated from young users.

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Anthropic seeks rehearing of case over Pentagon's security risk branding

Anthropic asked a US appeals court on Tuesday to reconsider a ruling that upheld the Pentagon's decision to label the AI company as a national security supply chain risk over a dispute about safety guardrails on its technology.

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UPI MDR rollout pushed; India’s first quantum computer coming soon

Happy Wednesday! The implementation of MDR on select UPI payments has been deferred beyond Diwali. This and more in today’s ETtech Morning Dispatch.

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Delaware jury awards Qualcomm $2 in damages, finds Arm breached license agreement

A Delaware jury awarded Qualcomm $2 in nominal damages after finding Arm Holdings breached its architectural license agreement and intentionally sought to disrupt Qualcomm's business, a Qualcomm spokesperson said on Tuesday.

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Meta releases Muse Wonder AI models to challenge Anthropic and OpenAI

The launch comes after CEO Mark Zuckerberg pledged billions of dollars and aggressively poached researchers over the past year to catch up in Silicon Valley's intensifying AI race.

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ETSA 2026: Over a decade on, India's startup story is only getting started

The 12th edition of The Economic Times Startup Awards (ETSA) captured this transition, reflecting an ecosystem that has moved beyond the race for scale to pursue technological depth, durable businesses and international markets.

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Nvidia in talks to invest further in Reflection AI or buy it: FT

Talks are at an early stage and a deal could take several forms, including a so-called acqui-hire arrangement where Nvidia would hire staff and license technology rather than pursue a full acquisition, potentially avoiding a lengthy regulatory review, the newspaper said.

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India's Infosys does not expect material impact from US PERM suspension

The US government said on Thursday it was suspending some major global tech and IT firms, including Infosys, from the PERM green card program, which allows skilled foreign workers to gain permanent residency in the US through their employment.

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India Mobile Congress 2026 concludes with focus on agricultural AI, 5G automation and last-mile connectivity

Held over four days under the theme 'Scale Without Boundaries', the event brought together policymakers, industry leaders and technology developers to discuss applications of emerging technologies and their role in driving inclusive digital growth.

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‘We are a self-respecting country’: Piyush Goyal on Russian oil and US tariff threat | ETSA 2026

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Every H-1B visa not granted is a big win for India: Piyush Goyal | ET Startup Awards 2026

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OpenAI's September annualized revenue nears $50 billion, less than previously indicated

The discrepancy mainly arose from an attempt to produce a direct comparison with figures from rival Anthropic, the person said on condition of anonymity.

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Winners of The ET Startup Awards 2026 to be feted today

Happy Friday! The who's who of the startup ecosystem will come together in Bengaluru today to honour the winners of The Economic Times Startup Awards (ETSA) 2026.

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Startups will crown new champions today at 12th ET Startup Awards in Bengaluru

Union minister for commerce and industry Piyush Goyal will be the guest of honour at the event, which will bring together a strong mix of past and present ETSA winners and nominees, alongside leading voices from India’s new-economy landscape. Goyal is expected to speak about the government’s efforts to deepen and expand the country’s emerging business ecosystem.

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Trump AI task force leaders to meet on Thursday, vice chair says

Public uneasiness with AI, and the small group of people who seemingly hold sway over it, has risen in recent ⁠months. Most US voters think Trump's administration and Congress are not taking the risks of AI seriously enough and want the government to ​write new regulations for the technology, according to a Reuters/Ipsos poll published on Wednesday.

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Amazon makes fresh job cuts, mainly in retail division

Amazon confirmed on Wednesday it had cut what it said were a small number of jobs, primarily in its Stores unit which oversees the main e-commerce

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Startup of the Year Groww bets on scale; Qcomm sparks festive credit surge

Happy Thursday! Groww is betting its newer businesses will take a bigger slice of its income. This and more in today’s ETtech Morning Dispatch.

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Anthropic launches third Claude 5.5 model, expanding AI lineup before planned IPO

Haiku 5.5 is built for tasks such as classification, summarization and extraction, including live support, voice agents and in-app assistants. It costs 75% less than its predecessor, Haiku 4.5.

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Finnish town braces for change from Google data centres

In the northern Finnish town of Muhos, 36-year-old farmer Joni Pitkanen is preparing for life with a new neighbour -- just kilometers away, tech giant Google is planning to build new data centres. The planned data centres are part of an announced 13-billion-euro ($15-billion) investment in Finland over the next two years -- the US tech giant's single biggest investment in Europe.

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Apple's Tim Cook praises EU over efforts to protect children online

Apple executive chairman Tim Cook on Tuesday pledged the US giant would protect children online and praised the EU's efforts to ensure minors' safety after a visit to the European Parliament in Strasbourg. The Apple chairman met European Parliament President Roberta Metsola earlier on Tuesday as well as EU lawmakers focused on children's safety.

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AM Intelligence plans $20 billion additional investment in 15 months, orders 20k more Nvidia GPUs

The company announced that it has placed two further firm and binding orders for 20,000 NVIDIA Rubin GPUs for deployment of the systems across India and Malaysia, taking its total capacity to 100 Megawatt.

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OpenAI's Sam Altman says AI benefits warrant accepting some risks

OpenAI Chief Executive Sam Altman said the benefits of artificial intelligence justify accepting some risks and argued the technology should remain broadly accessible to the public "

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Menlo Ventures on AI slowdown; Ola Electric CEO pledges stake

Happy Monday! Menlo Ventures, an early Anthropic backer, says the real AI constraint is compute, not a slowdown in frontier models. This and more in today's ETtech Morning Dispatch.

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Nykaa expects net revenue growth in late twenties in Q2

Nykaa said fashion was a faster-growing vertical, with NSV expected to grow in the late forties and net revenue in the early forties. Nykaa said more than 250 brands were added during the quarter and that its partnership with Nike continued to see "encouraging early traction," supported by exclusive drops.

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Karnataka gig workers seek implementation of welfare schemes

In a letter to the board’s chief executive officer, Indian Federation of App-based Transport Workers (IFAT) and Karnataka App-based Workers Union (KAWU) sought immediate rollout of health and accident insurance, income support during medical emergencies and temporary disablement, maternity benefits, scholarships for children of platform workers and an emergency distress fund.

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India fastest-growing Asia market for NetApp; BFSI and public sectors key growth drivers: CEO

The San Jose-based data infrastructure company has also grown its global capability centre in Bengaluru, with the majority of global R&D processed out of the centre. With a team of about 4,000 engineers, the centre is the largest for NetApp and is core to the global innovation work for the company across technology areas.

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OpenAI safety employee quits, calls for nuclear-level safeguards

David Robinson, who previously led transparency work on OpenAI’s safety team, wrote in an essay that the ChatGPT maker “has thrived by trial and error.” However, he said the stakes of the inevitable failures that come from that approach are growing along with the technology’s capabilities, citing OpenAI’s failure to prevent its AI from going rogue during testing.

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Twitter cofounder Jack Dorsey's app Bitchat removed by Apple in India

Apple has removed Jack Dorsey-backed offline messaging app Bitchat from its India App Store following a government takedown order under Section 69A of the IT Act.

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California attorney general opens probe into OpenAI over cybersecurity concerns

Last month, Bonta announced that the Department of Justice was conducting a formal investigation into the "Hugging Face incident," amid increasing scrutiny of the AI industry.

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AI agents tried to hack Canadian government website, research firm says

AI agents tried to hack into a Canadian government website, an AI research firm said on Wednesday. The agents attempted to access Library and Archives Canada on May 8 and on June 9, AI research firm Transluce said in a blog post.

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Palmonas' offline push; IndiaAI's GPU crunch

Happy Thursday! Demi-fine jewellery brand Palmonas is betting on offline stores, cofounder Pallavi Mohadikar said. This and more in today’s ETtech Morning Dispatch.

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FTC opens probe into AI giants including Anthropic and OpenAI, source says

The Federal Trade Commission is opening a sweeping probe into Anthropic, OpenAI and other AI labs to uncover the potential dangers their technology poses to consumers, a source familiar with the matter told Reuters on Wednesday.

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Ecommerce's festive push; Vertex's AI bets

Happy Wednesday! Ahead of the festive sales, ecommerce giants are building out their supply chains. This and more in today’s ETtech Morning Dispatch.

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Anthropic's IPO prospectus shows sweeping AI vision, surging costs

But the cost to get there will be staggering. Anthropic reported a net loss of $42 billion in 2025, and plans to spend $518 billion on cloud, computing and infrastructure obligations in coming years, according to the prospectus.

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Piyush Goyal to headline ET Startup Awards; The Souled Store eyes fundraise

Happy Tuesday! Meet our distinguished guest of honour for The Economic Times Startup Awards 2026. This and more in today’s ETtech Morning Dispatch.

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Union minister Piyush Goyal to headline ET Startup Awards on October 9 in Bengaluru

Goyal has been leading trade negotiations with key partners, including the US, after sealing high-profile deals with the UK, which came into force in July, and the EU, which is expected to take effect early next year. His ministry is also overhauling a raft of laws and regulations to make it easier to do business and to cement India's position as a global manufacturing hub, a push that has coincided with record foreign direct investment (FDI) inflows of $94.53 billion in FY26.

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Trump said he would dine with Anthropic CEO Dario Amodei amid mounting AI debate

Trump told reporters after returning to Joint Base Andrews in Maryland that he was grabbing dinner at 10 pm with Dario Amodei. The meal comes just two days after Amodei's company faced a setback in a court case against the government over its barring its products for Defense Department work.

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a16z’s Raghuram isn't writing off India AI yet; insurers weigh new rules

Happy Monday! a16z’s Raghu Raghuram said India can build frontier AI companies by using its talent. This and more in today’s ETtech Morning Dispatch.

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China weighs allowing ByteDance, Alibaba to buy new Nvidia chips: The Information

China's Ministry of Industry and Information Technology recently asked companies including ByteDance and Alibaba to report their plans to purchase Nvidia's RTX PRO 5500 chips, according to the report.

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When AI agents go rogue: Australia breach offers warning for countries like India

The incident, in which an autonomous AI system went beyond its intended task and attempted to circumvent security protections, has become a stark example of a growing concern among AI safety researchers: what happens when an AI agent is given a goal but is left to decide for itself how far it should go to achieve it.

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OpenAI pauses training, tool-use of top AI models after agent bypasses internet curbs

The agent, OpenAI said, bypassed the curbs through a gap in its Domain Name System (DNS) filtering and used it to send questions to a public chatbot service. According to a report by OpenAI, the pause will stay in place until OpenAI has confirmed that the gap is resolved and has carried out further security testing of its systems.

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AI, semiconductors, quantum to drive India's next infrastructure push: FM Sitharaman

Union Finance Minister Nirmala Sitharaman highlighted the need for investment in AI, semiconductor chips, and quantum technology. She stated that strengthening digital infrastructure will support AI adoption across various sectors. Additionally, Sitharaman underscored the importance of providing AI solutions to micro, small, and medium enterprises. She believes that achieving over 10 percent economic growth is possible with greater effort in all sectors.

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OpenAI works to understand full scope of agent activity as user data leak emerges

OpenAI's ongoing battle also reflects a yawning gap between the strength of the models the company is testing and its capacity to oversee or even track their actions.

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IRDAI's commission reset impact; ETSA winner Progcap’s next bet

Happy Friday! IRDAI's overhaul plan could significantly impact the new-age insurance distribution industry. This and more in today’s ETtech Morning Dispatch.

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White House asks OpenAI, Anthropic to hold models from British testers: Politico

The White House wants to take steps to make sure US systems are secure before the models are shared with partners, according to the report.

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AI coding startup ByteAsk raises $1 million from YC, Entrepreneur First

The startup is building AI coding agents for C and C++ developers working in high-stakes industries such as defence, aerospace, robotics, high-frequency trading, automotive and semiconductors, ByteAsk said.

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AI speeding up tech development, but identifying problems is key: SAP Labs India MD

During a fireside discussion on Leadership in the AI Era, Gangadharan said companies should start with the business outcome they want to achieve rather than look for problems after adopting a technology.

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Banks warn AI shopping bots raise scam, fraud and data-privacy risks

Technology companies including OpenAI, Anthropic, Google and Meta are increasingly promoting AI chatbots as shopping tools, envisioning a future in which shoppers use AI agents to select products and make purchases on their behalf. Retailers, meanwhile, are racing to influence chatbots' recommendations.

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Banks rethink UPI play; Big Tech's AI pivot dents Indian IT

Happy Wednesday! The return of MDR on UPI is pushing banks to rethink products and budgets. This and more in today’s ETtech Morning Dispatch.

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OpenAI expands GPT-6 lineup with cheaper Sol and Luna models

The launch of low-cost GPT-6 Sol and GPT-6 Luna follows the rollout of GPT-6 Astra, a faster model for handling more tasks than previous iterations, earlier this month.

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Google data centre sparks protests in Austria

In the Austrian town of Kronstorf, a planned Google data centre promises investment, jobs and a place on the digital map -- but residents are not convinced. Google has not disclosed the cost of the project, describing it only as a "significant investment".

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Inside Furlenco’s IPO; Moneyview investors make bank

Happy Tuesday! Furlenco is heading to Dalal Street for a potential Rs 1,200 crore IPO. This and more in today’s ETtech Morning Dispatch.

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Amazon blocks Meta’s Muse AI agent from its retail site

Meta’s Muse, which was introduced earlier this month, is designed to help people carry out such common online tasks as shopping and booking appointments. Amazon prohibits other companies from deploying automated tools to shop its site and started blocking Muse on Sunday night, a spokesperson said. Shoppers using Muse see a series of pop-ups saying its use violates Amazon’s terms of use.

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Google opens pre-orders for $899 Googlebook laptops built around Gemini AI

Starting at $899, initial models from Acer, Asus, Dell , HP and Lenovo will run on Intel or Qualcomm processors with up to 14 hours of battery life, the company said.

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China slows humanoid robot IPO rush as hype outruns reality

Chinese regulators are putting the brakes on a rush of humanoid-robot companies seeking listings, people familiar with the matter said, as they scrutinise whether soaring valuations and revenue tied to state-backed projects reflect commercial demand.

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Softbank Group launches over $10 billion in bonds for OpenAI investment, term sheet shows

The dollar-denominated notes are split into 3-1/2-year, 5-1/2-year and 7-1/2-year tenors, while the euro-denominated bonds are split into 4-year and 6-year tenors, according to the term sheet.

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Cybercrime feud erupts on dark web as notorious group claims hijack of rival's website

One of the world's best-known cybercrime groups said on Sunday it had hijacked one of its chief rivals' dark web site, bringing what it said was a long-simmering feud out into the open.

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Ashwini Vaishnaw on India’s chip push; Emergent's new AI bet

Happy Monday! The next set of investments under India’s semiconductor scheme are expected to begin in the next six months, IT minister Ashwini Vaishnaw told us. This and more in today’s ETtech Morning Dispatch.

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Anthropic quietly sets up biology lab as it ramps AI drug program

At a time when fears of AI are gripping the public, the startup has built a wet lab, or place for physical experiments, in the San Francisco Bay Area, two people familiar with the matter said. Anthropic has said it wants to unlock treatments for rare diseases, and its biology work has gone beyond "in silico" or computer evaluations.

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OpenAI, Microsoft executives' quotes on AI training threaten copyright defense, news outlets argue

OpenAI and its largest financial backer, Microsoft, have argued in the Manhattan federal court case that their AI training on millions of newspaper articles is protected as fair use because it transforms copyrighted material into new content and does not compete with or replace the news organizations' journalism.

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ETSA winner Theranautilus heads to human trials; JSW One’s IPO plans

Happy Friday! Theranautilus is set to begin human trials of its nanorobot-based dental tech soon. This and more in today’s ETtech Morning Dispatch.

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Amazon enters AI safety fray, calls for "rigorous testing," safeguards

The company provided its views in response to a Reuters inquiry days after many of the largest labs called for slower AI development, following an outcry among researchers and others who fear the technology could evade human control and threaten global systems and even humanity itself.

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OpenAI reveals six new cases of AI misbehavior, vows transparency

US artificial intelligence giant OpenAI promised Wednesday to more systemically report instances of its models going off track, while also publishing six new reports on previously undisclosed incidents of AI misbehavior. None of the six examples disclosed Wednesday had significant consequences, but they confirm previously observed trends.

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Decoding MDR’s impact; EV bikes’ policy change sparks debate

Happy Thursday! The return of MDR is set to change UPI's market share game. This and more in today's ETtech Morning Dispatch.

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Revolut hackers demand $3 million ransom: FT

Hackers behind a data breach at Revolut threatened to sell confidential records of hundreds of customers to other criminal groups unless the British fintech pays a ransom of $3 million within 24 hours, the Financial Times reported on Wednesday.

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Anthropic's Amodei calls for industry-wide AI safety standards

On the back of publishing an essay urging AI companies to slow down, the Anthropic chief made the case for industry-wide safety standards.

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Musk's X Corp and SpaceXAI resolve antitrust lawsuit against Apple

In a court filing, X and SpaceXAI, a division of SpaceX, moved to dismiss the claims in a lawsuit they ‌brought against Apple ⁠and ⁠OpenAI last year. The filing did not explain the reasons for dismissal or say whether ​a settlement had been reached.

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Trump agrees to new bipartisan ethics provision in massive crypto bill, Republican senators say

A core group of Democrats, as well as Sen. Thom Tillis, R-N.C., said that didn't go far enough to address conflict-of-interest issues they had with Trump's crypto wealth. Their votes would be needed to advance the bill in a key vote this Tuesday.

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Mid-tier VCs scout deeptech deals; ETSA winner Varaha’s India play

Happy Monday! Sector-agnostic mid-tier venture capital investors are recaliberating focus on India's deeptech startups. This and more in today’s ETtech Morning Dispatch.

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OpenAI's Sam Altman won't do IPO this year, calls AI extinction risk 'unacceptable'

The comments come as more US lawmakers urge new rules to govern AI systems after dire warnings from two researchers from OpenAI rival Anthropic that rapidly progressing AI could lead to the extinction of the human race in the not-too-distant future.

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The Next Decade of PhonePe and Future of Digital Payments | Deep Agarwal | Global Fintech Fest 2026

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Karnataka government to fund 100 startups with Rs 25 crore for pilot projects in government departments

Selected startups can get work orders of up to Rs 25 lakh each for pilot projects under an initiative called Government First under goverment's flagship Elevate programme, announced as part of Karnataka’s Startup Policy 2025-30.

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Anthropic says it blocked misuse of its AI that could have supported biological weapons

"The cases we share here aren't typical misuse, but rather examples of the most notable and novel threat activity we've identified to date," Anthropic said in its third report since March 2025 describing AI misuse. The report includes snippets of the malicious code and AI prompts Anthropic said it found, and urges governments and AI competitors to identify and prevent similar abuse.

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OpenAI is open to slowing AI development: Sam Altman tells staff

⁠Altman told employees in a company-wide meeting that the ChatGPT maker ​could pace development alongside other AI labs, but some may not agree, ​the report added.

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MDR on UPI coming soon; India's new class of robot workers

Happy Friday! With a fee on UPI set to come into the picture soon, issuing banks are poised to claim the biggest slice. This and more in today’s ETtech Morning Dispatch.

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Indian-origin couple gifts $20 millon to American university for focus on AI, advanced analytics

Anuradha and Vikas Sinha have gifted USD 20 million to the University of North Texas (UNT) with a focus on artificial intelligence and advanced analytics while creating new opportunities for students and faculty, a press statement said.

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Meta tests fact-check replacement in Latin America

Meta said Wednesday it had begun testing Community Notes in 16 Spanish-speaking countries in Latin America, a step toward replacing the professional fact-checking program it runs with partner organizations across the region.is among the fact-checking organizations that participate in Meta's program in Latin America and elsewhere.

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Habuild CEO on user loyalty; Flipkart Minutes gets its own app

Happy Thursday! Habuild CEO Saurabh Bothra said repeat users are helping the company drive growth. This and more in today’s ETtech Morning Dispatch.

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ET Startup Awards 2026: Habuild leans on repeat users to expand beyond yoga into strength training, nutrition

Habuild, winner of the Bootstrap Champ title at the ET Startup Awards 2026, has built a profitable digital wellness business driven largely by repeat subscriptions. The platform, which started with free yoga sessions during Covid, reported Rs 112 crore revenue and Rs 57 crore net profit in FY25, while expanding into strength training and AI-led nutrition tools.

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US accuses Chinese AI firms of 'malicious' copying of AI technology

The Chinese companies copied U.S. AI labs' intellectual property through a technique known ‌as distillation, according ⁠to ⁠a statement from U.S. law enforcement and intelligence officials. Distillation is the process of training ​smaller AI models using output from larger, more expensive ones as part of an effort ​to lower the costs of training a new AI tool.

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US suspends Cognizant green card filings

The action came a day after Cognizant announced plans to expand its American workforce. The company said it planned to hire 1,500 US college graduates and increase its Frontier Certified Engineer and Frontier Business Operator workforce to 15,000 people.

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Late-stage funding squeeze; ISRO opens up space

Happy Tuesday! India’s late-stage funding market is tightening, with investors writing smaller cheques and pushing for lower valuations. This and more in today’s ETtech Morning Dispatch.

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Taiwan flexes chip diplomacy muscles as it faces pressure to share AI wealth with allies

Home to companies like TSMC whose chips power AI applications, diplomatically isolated Taiwan has long sought to leverage its tech prowess to garner international support, something Beijing routinely seeks to block saying the island is merely one of its provinces.

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Festive carts to get heavier; Pixxel’s $100 million fresh fuel

Happy Monday! Online festive shopping is set to hit a new high this year. This and more in today’s ETtech Morning Dispatch.

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India set to pitch tech synergy for cementing BRICS

India is keen to complete three major multilateral projects under its chairmanship of the 11-country bloc. The global research advanced infrastructure network (GRAIN) initiative will offer researchers from member states federated, or shared, access to high-performance computing systems and supercomputers, an official said.

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Piper Serica eyes Rs 180-220 crore deployment across four-six deeptech startups this fiscal

The investment firm's new Bharat Tech Fund, a Category II AIF, targeting a corpus of Rs 600 crore, alongside a greenshoe option of Rs 200 crore, has already raised about Rs 400 crore and evaluated around 30-35 startups in the hunt for the next investment, Modi told PTI.

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IPO-bound Rentomojo pins growth on 'hard-to-copy' supply chain moat

Rentomojo’s moat lies in its complex rental model, which combines subscriptions, asset ownership, logistics, collections and refurbishment. With 2.5 lakh active subscribers and strong repeat business, the company is scaling ahead of its Rs 1,255.6 crore IPO, backed by improving profitability and access to credit.

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US, China gear up for mid-September AI safety talks

The ​talks, the first official bilateral discussions devoted exclusively to AI between the US and China ​since US President Donald Trump took office for a second time, will be led by US Treasury Secretary Scott Bessent on the US side, the sources, who were briefed ​on the planning, said on condition of anonymity.

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DeepSeek plans big Huawei AI chip order to power new data centre

The startup doesn’t currently plan to use the 950DT chips for training, one of the people said, even though Huawei designed and marketed these processors to serve that more demanding function. While DeepSeek tried to train its previous models on Huawei chips, it has so far relied on Nvidia accelerators for this crucial step.

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Smart ring maker Oura reveals revenue surge in US IPO filing

The IPO market is ‌expected to ⁠pick up ⁠steam after a summer lull. Analysts expect issuers to target the ​post-Labor Day window to get ahead of any uncertainty around November's midterm elections. Oura, ​whose journey began more than a decade ago in Oulu, Finland, makes a smart ring that tracks key ​health indicators such as heart rate, sleep ⁠stages and ‌physical activity.

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Tesla starts Cybercab rides in Austin, prompting US safety agency evaluation

CEO Elon Musk has said the Cybercab is key to transforming Tesla into a dominant force in driverless vehicles. ​The National Highway Traffic Safety Administration, meanwhile, sets and enforces rules for auto safety, including for new vehicles.

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Sugar’s valuation slump; Slice takes a hit

Happy Friday! A91 Partners is backing Sugar Cosmetics in a round that will see the beauty brand’s valuation fall sharply. This and more in today’s ETtech Morning Dispatch.

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Uber layoffs impact India; RMG ban, a year on

Happy Thursday! Uber is cutting jobs in India as part of a sweeping global restructuring. This and more in today’s ETtech Morning Dispatch.

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BPSC TRE 4.0 recruitment 2026: Application process likely to begin from September 21; check official notice

Bihar Public Service Commission will begin TRE 4.0 recruitment applications on September 21, 2026. This drive aims to fill 32,308 teaching vacancies across various school levels. Candidates will need specific educational and teacher-training qualifications for these positions. The age limit varies, with relaxation for reserved categories as per rules. A written exam and document verification will form the selection process.

from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India
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Restaurants step up food safety; UpGrad seals Unacademy deal

Happy Wednesday! India’s food safety crackdown is forcing restaurants to clean up their kitchens and supply chains. This and more in today’s ETech Morning Dispatch.

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Eutelsat OneWeb seeks urgent security approval for LEO constellation to launch commercial satcom services in India

Eutelsat OneWeb urgently seeks government security approval for its satellite constellation. The company faces significant delays in launching commercial services in India. This delay impacts its ability to monetize substantial prior investments. Starlink and Jio Satellite also await similar security clearances from authorities. OneWeb's early mover advantage is diminishing due to these prolonged approvals.

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Tech layoff continues; ITC Infotech-Happiest Minds to merge

Happy Tuesday! Tech giants Oracle and Microsoft are planning to restructure their India workforces. This and more in today’s ETtech Morning Dispatch.

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Maharashtra NEET UG 2026 Round 1 offers MBBS and BDS admission to 10,509 students across state quota; check cutoff marks

Maharashtra CET Cell has released Round 1 State Quota admissions for MBBS and BDS for 2026-27. A total of 10,509 students received admission opportunities against 10,646 seats. MBBS accounted for 8,065 allotments and BDS for 2,444. Reserved PwD and Orphan seats remain vacant in both courses. Candidates must report physically with original documents and fees between August 31 and September 4, 2026.

from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India
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Big firms eye ISRO's rocket tech; DealShare's sale talks

Happy Monday! Big industrial groups are vying to get a piece of ISRO’s heavy rocket technology. This and more in today’s ETtech Morning Dispatch.

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TS LAWCET 2026 round 2 seat allotment list released: Check steps to download here

The Telangana Council of Higher Education has released the TS LAWCET 2026 round two seat allotment list. Candidates must pay tuition fees and report to colleges by September 5, 2026. Those who did not secure a seat should await vacant seat information. Accepting a phase two seat cancels any previous allotment for the candidate. Further updates and instructions will be available on the official TS LAWCET website.

from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India
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ICAR AIEEA PG, AICE-JRF/SRF results 2026 declared: Direct link to download scorecards here

The National Testing Agency has announced the 2026-27 ICAR PG and Ph.D. entrance exam results. Over 42,000 candidates registered for these competitive examinations conducted in July. Scorecards are now available for download on the official ICAR examination website. Challenges to provisional answer keys were reviewed before the final results were processed. Candidates should consult the e-Prospectus for further admission-related information.

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Meet the 19-year-old Indian student in the UAE who uses AI to tackle real-world problems in farming, transport and deepfake detection

Bashaar Naik, a young innovator, focuses on solving real-world problems with technology. He developed AI systems to predict soil mineral concentrations and estimate vehicle fuel consumption. Naik also created a browser extension to detect deepfakes and combat digital misinformation. His work has earned him multiple awards and recognition for innovation and community contributions. The UAE's supportive environment fostered his drive to create opportunities for others.

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Social media influencers don entrepreneurial hat; launch VC-backed consumer brands

The rise of social media influencers has given birth to a new wave of consumer brands, garnering tremendous venture capital interest.

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OpenAI to end partnership with SpaceX's Cursor

OpenAI ‌said ​it ​was ⁠not confident that SpaceX ​would use its technology "within ​our terms of service."

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SBI PO prelims result 2026 released at sbi.bank.in: Direct link to download scorecards here

The State Bank of India (SBI) has declared the Probationary Officer (PO) Prelims Result 2026 for candidates who appeared in the August 1 and 2 examination. The result is available on the official SBI Careers portal. Candidates shortlisted through the preliminary stage can now proceed to the Mains examination for recruitment against 1,500 PO vacancies.

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Block deals test valuations; gig platforms quit welfare board

Happy Friday! Block deals are putting startups’ private valuations to the test. This and more in today’s ETtech Morning Dispatch.

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Infosys invests in AI enterprise procurement startup Aerchain

Infosys has invested an undisclosed amount in Bengaluru-based AI procurement startup Aerchain through its Infosys Innovation Fund. Founded in 2019, Aerchain offers an AI-powered procurement platform for enterprises. The investment follows its $13 million funding round in March.

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ET Startup Awards 2026 | Woman Ahead: Palmonas, Progcap share crown for building across sectors

Palmonas cofounder Pallavi Mohadikar and Progcap cofounder Pallavi Shrivastava jointly won the Woman Ahead award at the ET Startup Awards 2026. The jury recognised their distinct journeys in building high-impact businesses in jewellery and supply-chain finance, as both founders tackle underserved markets in the country.

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Anthropic to rent AI computing power from Nscale for $45 billion

Anthropic ⁠has been aggressively expanding its computing power to meet demand ​growth it expects for products like AI coding tool, Claude ​Code. Nscale, a cloud infrastructure provider, will deploy Nvidia's new Vera Rubin chips to support Anthropic's computing needs, ​the person said.

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AMI’s Nvidia chip bet; Groww’s new growth play

Happy Wednesday! AMI has ordered 9,000 Nvidia Vera Rubin chips, becoming one of Asia’s first such adopters. This and more in today’s ETtech Morning Dispatch.

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Brazil fines TikTok owner ByteDance for unlawful processing of teenagers' data

ANPD said that the local unit of China's ByteDance had processed personal data of teenagers aged 13 to 18 without a valid legal basis. The regulator estimated that, during the period under review, TikTok may have processed the data of at least 8 ‌million children, reflecting ⁠what it ⁠described as shortcomings in the platform's age-verification system.

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Gurgaon schools shift online, offices adopt WFH today amid heavy rainfall, waterlogging and traffic disruption

Gurugram schools have shifted to online classes today, August 25, 2026, while corporate and private offices have been advised to operate under Work From Home arrangements following heavy rainfall. The DDMA issued the advisory after around 75 mm of rain caused widespread waterlogging, stranded school buses and severe traffic disruption across key roads. The IMD has issued an orange alert, while civic teams are carrying out pumping, drainage and road maintenance work.

from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India
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ETSA 2026: Jury to pick winners today; SoftBank trims Lenskart stake

The day has arrived! The elite jury of The Economic Times Startup Awards 2026 will convene in Bengaluru today to select the brightest stars in India’s startup galaxy. This and more in today’s ETtech Morning Dispatch.

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ETSA 2026: Elite jury meets today to crown startup ecosystem's best

A distinguished jury led by Wipro’s Rishad Premji will select winners for the 12th edition of The Economic Times Startup Awards. The awards recognise entrepreneurial excellence across categories including innovation, women-led ventures and social enterprise. The coveted Startup of the Year nominees include Porter, Skyroot Aerospace, Rapido, Meesho, Groww and Sarvam.

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KVS NVS Tier-2 Result 2026 released for PGT Physics and key non-teaching posts; check status

KVS NVS Tier-2 Result 2026: CBSE has declared the KVS and NVS Tier-II recruitment examination results for PGT Physics, Vice Principal and Stenographer Grade-II posts. The results were announced on August 23, 2026, under Recruitment Notification No. RECTT. NOTIFICATION/01/2025. Candidates can check their individual result or shortlisting status through the application portal using their login credentials. The Tier-II examinations were held from March 27 to March 31, 2026, with results being released in phases.

from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India
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Alibaba stock slumps in Hong Kong after $10.2 billion share placement to fund AI

Alibaba said on Sunday its HK$80 billion ($10.21 billion) share placement finalised at HK$112.70 apiece - an 8.4% discount to its Friday ‌close - is ⁠aimed at ⁠funding AI-related development, as it redoubles AI bets amid competition and simmering Sino-U.S. tech ​rivalry.

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VCs chase deeptech; AI takeaways from ET's WLF

Happy Monday! Specialist VC funds are expanding beyond their traditional sectors to invest more in deeptech. This and more in today’s ETtech Morning Dispatch.

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Meet the IIT Bombay graduate who rejected an ISRO job to build a Rs 1,000 crore startup

Manoj Meena rejected an ISRO offer to pursue engineering that solved real problems. He and Sibabrata Das founded Atomberg Technologies in 2012, initially taking on diverse engineering projects. After four years, they focused on energy-efficient BLDC motor fans, launching the Gorilla brand in 2015. The company faced investor doubt and near bankruptcy before securing crucial funding in 2019. Atomberg then expanded into smart appliances, achieving significant revenue and recognition.

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HP TET June 2026 result declared at hpbose.org: Direct link to download scorecards here

The Himachal Pradesh Board of School Education has announced the HP TET June 2026 examination results. A total of 29,900 candidates appeared for the examinations, with 6,744 successfully qualifying. The overall pass percentage for the examinations stood at 22.56 percent. Special Educator TET (Class VI to XII) achieved the highest pass percentage at 93.18 percent. Candidates can check their individual results on the official HPBOSE website.

from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India
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NEET PG 2026: CGHS debunks fake notice claiming Wellness Centres will remain closed from August 27 to 31

The Central Government Health Scheme has denied a fake notice about center closures. This unauthorized notice falsely claimed centers would close for NEET-PG exam duty. All CGHS Wellness Centres will operate normally during the specified future dates. Administrative arrangements will ensure services remain unaffected for all beneficiaries. Citizens should rely only on official CGHS sources for accurate information.

from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India
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TikTok agrees to $400 million US children's privacy settlement

The Justice Department sued TikTok and ByteDance in 2024 for allegedly failing to protect children's privacy, and ‌illegally collecting their ⁠information.

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The Economic Times Startup Awards 2026: Nominees for Startup of the Year and Midas Touch

Happy Friday! We are excited to bring to you the 12th edition of The Economic Times Startup Awards (ETSA). A few days before our esteemed jury convenes to pick the winners, we reveal nominees for the most coveted categories: Startup of the Year and Midas Touch for the best investor.

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ET Startup Awards 2026: Nominees for Startup of the Year

The ET Startup of the Year will be characterised by breakthrough innovation, top-class execution and fast-paced growth. The quality of the founding and management team will be an important component in decision making.

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The Economic Times Startup Awards 2026: Nominees for Woman Ahead and Social Enterprise

Happy Thursday! The ETtech team has been preparing for the past few months to bring you the 12th edition of The Economic Times Startup Awards (ETSA). Today, we are unveiling the nominees for two more categories: Woman Ahead and Social Enterprise.

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ET Startup Awards 2026: Nominees for Woman Ahead

This award recognises women entrepreneurs who have built their own ventures and are competing with the best in the industry. To qualify, nominees must be serving as CEOs of their startups, unless the company does not have a CEO-designated role.

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OpenAI slows advanced AI development after cyberattack

ChatGPT creator OpenAI said Tuesday that it was tapping the brakes on development of its most advanced AI model and tightening internal controls, a month after revealing a cyberattack carried out by one of its rogue models. OpenAI also said Tuesday that it was developing a new system to peer into the internal reasoning of models and sound the alarm to humans within 30 minutes of suspicious behavior.

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Bihar Police Constable result 2026 declared; 19,681 candidates qualify for PET and PST

CSBC Bihar Police Constable result 2026: CSBC Bihar has declared the written examination result for Prohibition Constable, Warder and Mobile Squad Constable recruitment. Of 5,34,669 evaluated candidates, 19,681 have qualified for PET and PST. The recruitment covers 4,236 vacancies, while the examination attracted more than 11 lakh valid applications. The next stage includes a race, high jump, shot put and physical measurements. Candidates can check their results and roll numbers on the CSBC website.

from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India
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New-age stocks take off; Swiggy goes Indian

Happy Wednesday! India’s new-age companies are gaining ground in public markets as more startups go public. This and more in today’s ETtech Morning Dispatch.

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Meta rejects allegations it sought to hook children as landmark trial begins

Four lead states - California, Colorado, Kentucky and New Jersey - accuse Meta of designing Facebook and Instagram to hook young users, fueling anxiety, depression and even suicide, and misleading consumers about the platforms' safety.

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ET Startup Awards 2026: Nominees for Best on Campus

The Best on Campus award will showcase a startup whose impact can be judged both by the idea and the execution. The founders should have been students whose aim was to build a commercial enterprise.

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Nvidia to provide up to $105 billion guarantee for OpenAI's Ohio data centre

The new deal is the latest example of Nvidia financing the infrastructure built around its chips, a strategy that helps drive demand but has also raised questions about circular funding flows between the ‌chip giant and its ⁠customers. Huang said the new deal was not circular financing and that Nvidia is using "its scale and long-term visibility" to help.

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Stripe clinches over $7 billion deal to buy AI firm OpenRouter

The deal, just months after OpenRouter raised money at a reported $1.3 billion valuation, underscores the demand from businesses to find the most cost-friendly AI solutions. It could also give Stripe, a payments processing firm, a stronger footing in the fast-growing artificial intelligence sector.

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Unveiling The Economic Times Startup Awards 2026 high-powered jury

We’re back with the 12th edition of The Economic Times Startup Awards (ETSA). However hectic it gets for the ETtech team, the thrill of sifting through the best of Indian entrepreneurship makes up for every late night in the newsroom.

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US to tell partners they must pick sides in AI race with China

By pressing countries to choose sides the US hopes to starve China of resources in a race to make the most sophisticated AI, which ​could be used for military or economic dominance. In July, Chinese President Xi Jinping launched a rival "World Artificial Intelligence Cooperation Organization", promoting his country's open-weight technology as a challenge to US influence over the fast-moving sector.

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UGC NET June 2026 answer key today at ugcnet.nta.nic.in: Check response sheet and objection window details

UGC NET answer key 2026: NTA is releasing the UGC NET June 2026 provisional answer key today, August 16, along with candidates' response sheets and question papers. The examination covered 87 subjects and was conducted in CBT mode. Candidates will be able to challenge provisional answers during the objection window, with the exact closing date to be notified. The final answer key is expected in the fourth week of August, followed by the June session result and scorecards in the last week.

from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India
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ICAI CA September 2026 admit cards released; check dates, download details and steps for discrepancies

ICAI CA admit card 2026: ICAI has released admit cards for the September 2026 CA Foundation and Intermediate examinations through its e-Services Portal. Candidates can download hall tickets using their SSP ID, with the staggered release completing on August 17, 2026. The article details the examination schedules, procedures for correcting name, photograph and signature discrepancies, and steps for centre, group or medium-related errors. It also covers the November 2026 CA Final mock test schedule and the deadline for surrendering exemption.

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PayPal in talks with Stripe and private equity firm over sale: report

In July, Stripe and private equity firm Advent International made a joint offer to buy the digital payments pioneer for $60.50 a share, which would have valued PayPal at around $53 billion, according to media reports. PayPal has struggled to compete with other payments providers including Apple Pay and Google Pay.

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Meet Anusha Arora, the 15-year-old Washington student who built an AI music therapy platform using finger sensors and won $50,000

Anusha Arora, a 15-year-old student from Bellevue, Washington, has won $50,000 at Regeneron ISEF 2026 for Harmony, an AI-powered music therapy platform. Using finger sensors and 11 AI programmes, the device detects emotions and generates personalised music and visuals. Inspired by her mother, Arora found the platform reduced stress and anxiety while improving engagement.

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Inside failed Uber-Rapido merger talks; Honasa’s strong Q1 report

Happy Friday! Uber and Rapido explored combining their India ride-hailing operations in May, sources told us. This and more in today’s ETtech Morning Dispatch.

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Zetwerk files updated IPO draft papers to raise Rs 2,600 crore

The Bengaluru-based company had received Sebi approval on July 10 for its IPO, clearing the way for one of the largest listings by a new-age manufacturing company. It had submitted its pre-filed DRHP through Sebi’s confidential filing route in late March.

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An IIT Guwahati and Harvard graduate quit her 9-to-5 after a decade. What she discovered about work is resonating with young professionals

Charmie Kapoor’s decision to leave her 9-to-5 after nearly a decade has prompted reflection on ambition, identity and the meaning of success. Without a regular salary or corporate routine, she explored personal projects, creative work, exercise and entrepreneurship. Influenced by nihilism, existentialism and absurdism, Kapoor says her understanding of purpose is evolving. Even after receiving an opportunity from a leading startup, she chose to continue building independently, finding greater happiness in balancing achievement with contentment and freedom.

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New-age listing-day gains fade fast; IT deals up for renewal

Happy Thursday! Some of the best-received new-age IPOs are now trading below their issue price, ET analysis shows. This and more in today’s ETtech Morning Dispatch.

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Paytm senior executives get Sebi notice for 'timing' of 2023 regulatory disclosure

The Sebi notice, dated August 11, has asked the executives to explain the timing of a disclosure the company made on December 6, 2023, when it revealed plans to pull back on small loans under Rs 50,000 - mostly comprising its "buy now, pay later" offering. The move had come shortly after India's central bank tightened rules on unsecured lending.

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Oracle, Quantinuum partner to bring quantum computing to cloud

Under the deal, Oracle Cloud Infrastructure customers will gain ​access to Quantinuum's Helios quantum computer through OCI's quantum service, ​allowing them to combine quantum computing with Oracle's graphics-processing and high-performance computing services.

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Accel’s $550 million India fund; South Park Commons bets on deeptech

Happy Wednesday! Venture capital firm Accel has raised its ninth India fund. This and more in today’s ETtech Morning Dispatch.

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AI startup Manus to resume independent operations as deal with Meta unwinds

"As part of our ​transition back to independent operations and to ​comply with regulatory requirements in specific jurisdictions, data generated by certain users ​on/after December 29, ⁠2025" will ‌be deleted later this ​month, ​Manus said in a statement.

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Yulu, Bounce chase fresh funds; MPs target social media

Happy Tuesday! Yulu and Bounce Infinity are back in the funding market as rising delivery demand gives them a fresh boost. This and more in today’s ETtech Morning Dispatch.

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Boeing to divest tech ventures for stake in air-taxi startup

Boeing announced an agreement Monday to divest its air taxi and two other technology ventures to Archer Aviation for a stake in the startup. In its May earnings release, Archer said it had completed the "phase three" of the Federal Aviation Administration's four-phase certification process for its Midnight air taxi vehicle.

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Uttarakhand issues orange alert for four districts; schools closed in Bageshwar today

Schools up to Class 12 in Bageshwar district will remain closed today, August 10. This decision follows a warning of heavy to very heavy rainfall for the region. The India Meteorological Department issued an orange alert for four districts including Bageshwar. Other districts in Uttarakhand are under a yellow alert due to weather forecasts. Authorities have asked all districts to remain alert and take necessary precautionary measures.

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LinkedIn CEO on AI Jobs, Agentic Hiring and the AI Slop Problem

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NEET UG Counselling 2026: MCC Begins Round 1 Choice Filling; Check AIQ, State-wise Counselling Status

NEET UG Counselling 2026 has entered a crucial phase with MCC opening Round 1 choice filling for AIQ seats and a reset facility for correcting registration errors. Meanwhile, state counselling is progressing at different stages across Kerala, Andhra Pradesh, Telangana, Karnataka, Tamil Nadu and Punjab. Revised PwBD guidelines also add another important requirement for eligible candidates.

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Space for Good India Challenge 2026: University students can win up to Rs 5 lakh; check details

The Space for Good India Challenge 2026, launched by Viasat, invites university students across India to develop innovative space and satellite technology solutions for real-world challenges. Participants can explore areas such as connectivity, disaster management, digital access and cybersecurity. With cash prizes of up to Rs 5 lakh, finalists will also receive expert mentorship and industry exposure.

from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India
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Meet Rajeshwari Suve M, who cleared UPSC prelims on her fifth attempt and went on to secure an impressive AIR 2

Rajeshwari Suve M’s UPSC journey is a powerful story of resilience and persistence. After clearing the Preliminary Examination on her fifth attempt, she went on to secure All India Rank 2 in the UPSC Civil Services Examination 2025. Her journey from Tamil Nadu to the country’s top ranks highlights how learning from setbacks, refining strategy and staying committed can turn adversity into achievement.

from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India
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DU placement drive 2026 brings 75+ recruiters, 500 students together for career opportunities

Delhi University organised its 2026 placement drive, bringing together more than 75 organisations and over 500 participants. Students from tourism, lifelong learning, social sciences and distance education programmes interacted with recruiters and industry professionals across sectors. The university said it will continue such employment-focused initiatives to strengthen industry-academia ties and widen students’ career opportunities.

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Optimized builds satellites to focus on Earth, space traffic

Optimized operates through separately registered companies, including Optimized Solutions and Bengaluru-based Optimized Electrotech.

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OpenAI’s new device will be hockey puck-sized and cost over $300

The product — essentially a smart speaker without a display — will be shaped like a doughnut that’s roughly the size of a hockey puck, said the people, who asked not to be identified because the work is confidential. The idea is to make the device easy to carry around the home with one hand.

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Hackers targeted US private equity, other firms including Blackstone, CME, data shows

The data shows the ​hackers devised websites aimed at stealing passwords from employees of private equity firms and companies including Blackstone, Bridgewater Associates, Apollo Global Management, Bain Capital, ​KKR, TPG, CME Group and Moody's, as well as a host of financial companies and other businesses. Internet company Google said in a blog post about the hacking campaign published on Thursday that the hackers operate under a range of names, including Redact, Pink, Falcon, and Helix.

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Wakefit reports Rs 23 crore net profit in Q1, revenue up 17%

Founded in 2016, Wakefit initially focused on sleep-related products such as mattresses, pillows, and bed frames before expanding to a broader home portfolio including sofas, dining sets, wardrobes, study tables, and bookshelves.

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HTET Result 2026 declared at htet.eapplynow.com; scorecards available for PRT, TGT and PGT candidates

HTET Result 2026: The Board of School Education Haryana has declared the HTET Result 2026 for examinations conducted on July 4 and 5. Candidates can download their scorecards from the official website using their login credentials. The result follows the review of objections submitted against the provisional answer key. Qualified candidates will undergo biometric verification from August 10 to 12. HTET covers PRT, TGT and PGT eligibility levels for teacher recruitment in Haryana.

from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India
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Impact of MDR’s return; KKR veterans to anchor new fund

Happy Thursday! Competition in the payments space may change with merchant fees on UPI potentially making a comeback. This and more in today’s ETtech Morning Dispatch.

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ICMAI releases June 2026 results; 7,885 complete Intermediate course, 4,220 clear Final course: Direct link

ICMAI June 2026 results: The Institute of Cost Accountants of India has declared the June 2026 examination results for the Intermediate and Final courses under Syllabus 2022. The result analysis includes group-wise pass percentages, candidate performance and course completion figures. A total of 7,885 candidates completed the Intermediate course, while 4,220 completed the Final course. The Institute also released the provisional rank lists, with Raunak Jain topping the Intermediate examination and Mokshit Vamsi Krishna Mattupalli securing first rank in the Final examination.

from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India
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Nvidia bets on Sarvam AI; Sidbi eases fund rules for VCs

Happy Wednesday! Sarvam’s Pratyush Kumar has confirmed adding Nvidia to the AI startup’s captable. This and more in today’s ETtech Morning Dispatch.

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OpenAI pays $3.2 million in US probe over hiring foreign workers

The Justice Department in a release said that OpenAI and Statsig, which makes product development software, recruited foreign workers ‌for some ⁠open ⁠positions and took various steps to discourage US workers from applying. That included requiring them to ​mail paper applications instead of submitting electronic ones, advertising jobs on the radio late at night, ​and not posting the openings on an external website, the Justice Department said.

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Palantir lifts annual revenue forecast on steady demand for AI-powered data analytics

Palantir Technologies increased its annual revenue forecast significantly. Strong government and commercial demand fuels this optimistic outlook for the company. Its artificial intelligence platform attracts businesses seeking advanced technology integration. US government revenue saw substantial growth, while commercial projections also rose. This performance counters claims that enterprise AI does not scale beyond initial projects.

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Govt moves to allow MDR; Qcomm braces for festive rush

Happy Tuesday! The government is proposing changes that could bring back merchant fees on select UPI transactions. This and more in today’s ETtech Morning Dispatch.

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Quick commerce race cuts product launch cycles to weeks

Companies are shrinking product innovation cycles to three months or less. Quick commerce platforms now drive seventy-five percent of total digital sales. This rapid growth allows for faster testing and market entry strategies. Consumers now trigger purchases based on immediate needs and occasions. Product launches are happening within two weeks depending on market trends.

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AI, semiconductors and quantum computing will shape future of this century: Devendra Fadnavis

Fadnavis was addressing a gathering at the inauguration of the AI Centre of Competency powered by NVIDIA at Ramdeobaba University in Nagpur.

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MHT CET CAP Round 1 allotment 2026 released at cetcell.mahacet.org; candidates must complete seat acceptance by August 5

The State Common Entrance Test Cell, Maharashtra has released the provisional CAP Round 1 allotment list for engineering and management admissions. Candidates must complete seat acceptance, fee payment and institute reporting between August 3 and August 5, 2026, according to their allotment status. Those opting for Betterment can retain their current seat while remaining eligible for subsequent rounds. The counselling process will continue through four CAP rounds before institute-level admissions begin.

from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India
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Fintechs chase new revenue; Flipkart’s food delivery launch

Happy Monday! As core growth cools, India's listed fintechs are diversifying fast and launching new products. This and more in today’s ETtech Morning Dispatch.

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India's data centre capacity may reach 3-3.6 GW by 2030, hyperscalers to drive growth: Axis Capital

The report noted that publicly announced capacity targets of 6-8 GW by 2030 appear aggressive. A more realistic estimate is 3.4-3.6 GW of planned capacity by mid-2030, while actual operational capacity could be closer to 2.8 GW. This reflects challenges around execution, power availability, equipment supply and construction timelines.

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When rogue AI launches a cyberattack, who is legally responsible?

Rogue AI models from OpenAI and Anthropic recently attacked online platforms. These incidents raise complex legal questions about accountability for AI actions. Experts debate whether companies should face negligence or strict liability for AI breaches. Proving foreseeability of such AI breakouts will become easier for future lawsuits. The legal landscape for AI-driven cyber incidents remains largely unwritten.

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OpenAI finds evidence other AI agents escaped containment as it widens hacking probe

The discovery of additional rogue behaviour at OpenAI, even if limited ​in nature, could feed growing appetite for regulation coming out of the White House and elsewhere. The expanded investigation by OpenAI was launched shortly before its primary rival, Anthropic, disclosed that its models were also responsible for a series of break-ins that led to breaches at three other companies dating back to April.

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Explainer: EU gets new powers over powerful AI from Sunday

The EU has the world's most comprehensive digital rulebook covering social media, online retailers and search engines, with plans for more rules this year. In 2024, the EU adopted a sweeping AI law known as the "AI Act", but its rules have been introduced in stages.

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Alphabet rolls back AI image generation in Google Earth over policy violations

The tool had come under criticism for its potential for misinformation as it allowed users to ​create fake scenarios on top of ⁠real imagery ‌of monuments and landmarks. Google did not specify what types of images violated its policies. It said the images did not appear ‌in the main Google Earth experience and were watermarked as AI-generated.

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NXP in talks to buy chip developer Ambarella: Report

Shares ‌of ⁠Ambarella, with ⁠a market capitalization of $3.25 billion, ​jumped nearly 17%, while NXP fell over ​3% following the report.

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AP EAMCET counselling 2026 phase 1 schedule revised; Registration deadline extended to August 1, seat allotment on August 9

The Andhra Pradesh State Council of Higher Education (APSCHE) has extended the AP EAMCET 2026 Phase 1 counselling registration deadline to August 1, giving eligible candidates more time to complete the admission process. The revised schedule sets August 9 for Round 1 seat allotment, while reporting to allotted colleges will take place from August 10 to 15.

from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India
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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.

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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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OpenAI's Sam Altman to meet with Senate Intelligence Committee's top Democrat

​OpenAI CEO ​Sam Altman will meet ‌with ⁠Democratic ⁠Senator ​Mark Warner in ​Washington this week, ​Warner's ⁠spokesperson said, ‌in ​the ​wake ⁠of OpenAI's disclosure that ​one of ​its AI systems ‌had gone rogue ​during testing.

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Nvidia to invest $5 billion in Ilya Sutskever's AI startup

The two ⁠companies announced ‌the deal ​Monday ​morning without disclosing ⁠financial terms. The funding will boost ​SSI's available computing resources, ​the companies said. The deal also gives SSI access to Nvidia's cutting-edge Vera ‌Rubin hardware.

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New AI tools let readers talk to books

With these tools, users get access to an e-book or audiobook alongside an AI chatbot. Readers can dig into a character's psychology, historical context, or a philosophical concept, no separate research required. Mid-listen, you can tap a button, ask your question, hear the answer, and then pick up the story right where you left off.

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Nvidia in talks with OpenAI to guarantee $250 billion financing for data centre: WSJ

The power for the ⁠project is ‌controlled by the US government ​and ​funded separately by Japan under ⁠a recent trade deal, with US Commerce ​Secretary Howard Lutnick involved in deciding ​who will receive access to it, the report added.

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Cheaper, open and intelligent: Chinese AI models gain ground, as they make inroads in the US

Chinese artificial intelligence models are increasingly adopted by American users and businesses. These advanced systems offer competitive performance at significantly lower costs. Companies are switching to Chinese AI for routine tasks and cost reduction efforts. While US tech giants express frustration, independent developers find them appealing. China's open-source approach and state support fuel global expansion ambitions.

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UPSC ESE result 2026 released at upsc.gov.in: Direct link to download here

The UPSC has announced the Engineering Services (Main) Examination 2026 results, with 1,340 candidates qualifying for the Personality Test. Shortlisted candidates must complete a mandatory online application process during the upcoming 15-day window and upload required documents. The Commission has advised aspirants to keep original certificates ready for verification before the interview stage.

from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India
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Who is Pralhad Joshi, the new education minister? A look at his education, career and political journey

Pralhad Joshi has assumed additional charge as Union education minister following Dharmendra Pradhan's resignation over the NEET-UG 2026 controversy. A five-time MP from Karnataka, Joshi holds a bachelor's degree from Shri Kadasiddheshwar Arts College, Hubballi. He now faces the task of steering examination reforms, strengthening the National Education Policy's implementation and rebuilding trust in India's education system.

from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India
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OpenAI's AI agent spent days hacking a company; it went unnoticed for a week

It took several more days for OpenAI to realise its agent was behind the hack, and the two companies only communicated about it for the first time on or around July 20, according to Thomas Wolf, Hugging Face's cofounder and three of the people familiar with the ‌investigation. Hugging ​Face is preparing a public timeline of the hack, Wolf said, adding that he could not speak to what happened at OpenAI.

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South Korea President Lee looking to open new era of AI in with global tech companies

President Lee delivered a keynote address ​unveiling a "San Francisco AI Declaration" that outlined South ​Korea's AI ambitions and its vision for technological cooperation with the United States. Lee separately met Nvidia CEO ​Jensen Huang, OpenAI CEO Sam Altman, Anthropic CEO Dario Amodei and Broadcom CEO Hock Tan, before joining the South Korean government-backed summit ​in San Francisco.

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Flipkart chief rules out IPO timeline; Infosys names new CEO

Happy Friday! Flipkart group CEO Kalyan Krishnamurthy talked to us about IPO plans, quick commerce, and festive demand. That and more in today’s ETtech Morning Dispatch.

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Infosys headcount falls by 532 employees in June quarter

The Bengaluru-headquartered company said it hired over 4,000 college graduates in the just-concluded quarter. Overall, it plans to recruit 20,000 college graduates this fiscal, similar to the previous year.

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CLAT PG 2027 notification released: Registration begins August 3, exam on December 6

The Consortium of National Law Universities has released the CLAT PG 2027 schedule, with registrations set to begin on August 3 and conclude on October 31. The entrance examination for one-year LL.M. admissions and PSU legal recruitment will be held on December 6. Candidates must apply online through the official portal and regularly check for further counselling and admission updates.

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Eternal’s robust Q1; Meta faces content-blocking allegations

Eternal reported a jump in its net profit on the back of Blinkit's improving operating performance. This and more in today’s ETtech Morning Dispatch.

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Teen plaintiff suing Meta over mental health harms drops his claims against company days before trial

The lawsuit, ​brought by a ⁠15-year-old boy ‌known as R.K.C., ​originally ​named four defendants, ⁠Google's YouTube, Meta's Instagram, Snap Inc's ​Snapchat and ByteDance's TikTok, ​but YouTube and TikTok settled in June.

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Bira 91’s Ankur Jain steps down; Data centre safety under review

Happy Wednesday! Bira 91 maker B9 Beverages founder Ankur Jain has stepped down from the board. This and more in today’s ETtech Morning Dispatch.

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OpenAI says AI models went rogue during testing, triggering 'unprecedented' breach at startup

In a ​blog post, OpenAI said it was testing the capabilities of some of its most advanced models in a controlled environment but that the agent managed to escape containment, reach the internet and break into Hugging Face to try to satisfy its testing goal. OpenAI's disclosure ​that its advanced ​models were responsible for the breach, despite having placed them in what it described ⁠as "a highly isolated environment," will likely intensify disquiet over the power and ​risk of frontier models.

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Quick commerce leverages cart clout to draw higher margins from companies

Quick commerce platforms are increasing demands for higher margins and marketing funds. Consumer goods companies face rising costs for better product visibility and keyword searches. These platforms are now adopting auction-style bidding for marketing activities. This shift pressures companies to invest more for prominent placement and sales. Reliance Retail is renegotiating terms by combining grocery stores and its quick commerce platform.

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MMU ET 2026 results released as online counselling and seat allotment process set to begin

MMU ET 2026 result: Marwar Medical University has declared the MMU ET 2026 result for candidates who appeared in the entrance examination on July 3, 2026. Scorecards are available through the official candidate portal. Online counselling, including choice filling and seat allotment, will begin in the fourth week of July. The admission schedule, registration trends, attendance figures, score benchmarks and university admission framework have also been released for candidates preparing for the next stage.

from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India
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Skyroot fuels deeptech fire; Paytm Q1 profit soars

Happy Tuesday! Skyroot Aerospace’s success may unlock fresh funding for India’s spacetech ecosystem. This and more in today’s ETtech Morning Dispatch.

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Skyroot eyes a rocket a month; FIFA final drives delivery apps

Happy Monday! Skyroot is gearing up for more frequent Vikram rocket launches. This and more in today’s ETtech Morning Dispatch.

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Cleartrip bets on non-air expansion for scale, targets early-2027 breakeven

Flipkart-owned Cleartrip plans to diversify its business beyond flights to achieve breakeven by scaling its hotel, train, and bus verticals. Manjari Singhal called Cleartrip India’s second-largest air-bookings player and “fourth-ish” in hotels, but provided no market-share data. She said approaching the leader would take “a couple of years”.

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How ancient Indian knowledge can shape STEM education under NEP 2020

Ancient India’s scientific and technological heritage continues to offer valuable insights for modern education. The article highlights contributions in mathematics, astronomy, medicine, metallurgy, architecture, and environmental stewardship while emphasizing the relevance of Ayurveda, yoga, and sustainable practices in addressing present-day challenges such as lifestyle diseases, mental health, and climate change. It advocates integrating India’s classical scientific traditions with STEM education under NEP 2020 to foster innovation, cultural awareness, ethical values, and sustainable development.

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UGC NET June 2026 answer key expected soon at ugcnet.nta.nic.in; here's what we know so far

UGC NET June 2026 answer key: The National Testing Agency is expected to release the provisional UGC NET June 2026 answer key and response sheets shortly on its official portal. Candidates will be able to download the answer key, question paper and recorded responses using their login credentials and raise objections by paying ?200 per question. The final answer key, prepared after reviewing valid challenges, will determine the results. Nearly 9.94 lakh candidates registered for the examination conducted across 87 subjects.

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NEET UG 2026: OMR row deepens as NTA flags AI-generated sheets, candidates raise fresh claims

The NEET-UG 2026 OMR controversy has intensified as the NTA warned of legal action against candidates submitting fake or AI-generated OMR sheets after finding manipulation in two cases. At the same time, fresh complaints continue to emerge, with candidates alleging mismatches between uploaded OMR sheets and their actual responses, including claims of exchanged or incomplete OMR records. While the OMR challenge window has closed, several candidates are still awaiting the NTA's response and verification.

from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India
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Meta, Anthropic in talks for potential $10 billion compute lease deal

Such a deal would help Meta diversify beyond advertising by generating ​revenue from its infrastructure and competing with neocloud firms such as CoreWeave and Nebius, ​as growing adoption of advanced AI tools boosts the need for computing capacity.

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Tata Electronics cyberattack: Mandiant recommendations implemented to prevent future breaches

On June 23 ransomware group World Leaks posted more than 200,000 files to the dark web, including details on projects related to some of the company’s global clients, which include Apple and Tesla. Three days later, it said that the company had launched a probe and had tightened internal security protocols.

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Stable policy push for ISM 2.0; Wipro misses Q1 estimates

Happy Friday! The government is leaning on policy stability, not just subsidies, to drive ISM 2.0. This and more in today’s ETtech Morning Dispatch.

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Re-NEET UG 2026 result declared at neet.nta.nic.in; Aryan Gupta, Panshul Bansal top with 715 marks

The National Testing Agency has announced the NEET UG 2026 examination results today. Over 11.21 lakh candidates successfully qualified for undergraduate medical and dental courses. Aryan Gupta and Panshul Bansal jointly secured the highest score of 715 marks. More than 58 percent of the qualified candidates are women, with top performers aged 17 to 19. Counselling for medical admissions will commence shortly after this result declaration.

from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India
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Chinese filing implies DeepSeek valuation of around $52 billion

The stock-exchange filing offers rare public evidence about the pricing and investor lineup of DeepSeek's maiden external fundraising, which the company has never announced. As a private company, DeepSeek ‌has no routine ⁠disclosure ⁠obligations.

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JPMorgan CEO Jamie Dimon says Anthropic's Mythos AI risks are a 'real issue'

Dimon, ‌speaking at ⁠Senator ⁠Dave McCormick's Pennsylvania Defense and Innovation Summit, added that access ​to advanced AI capabilities must be controlled, saying "you're giving ballistic missiles ​to individuals with Mythos."

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MDR on UPI on the cards; Emergent enters unicorn club

The government is mulling restoring MDR on UPI transactions for large merchants. This and more in today’s ETtech Morning Dispatch.

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After SpaceX and China, Agnikul to attempt rocket stage recovery

Agnikul is an end-to-end space transportation company incubated at IIT Madras. It develops the Agnibaan family of configurable small-lift launch vehicles powered by the world's first single-piece 3D-printed semi-cryogenic engine.

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DHSE Kerala Plus One result 2026 likely to be released today at results.hse.kerala.gov.in: Check complete details here

The Directorate of Higher Secondary Education (DHSE), Kerala, is expected to declare the Plus One (Class 11) Result 2026 on July 15. Students can access their scorecards online using their registration number and date of birth. Candidates must secure at least 35 per cent marks to qualify for promotion, while unsuccessful students can appear for the SAY/Improvement examinations.

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