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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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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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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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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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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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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