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Sam Altman on why India is optimistic about AI, while the US is sceptical
Sam Altman, CEO of OpenAI, recently praised India's swift embrace of AI, identifying it as ChatGPT's largest market. He observed that Indian users are innovatively utilizing AI to address challenges and foster entrepreneurship. In stark contrast, Altman noted the prevalent scepticism toward AI in the United States. He also raised alarms about the dangers of unchecked AI advancement, stressing the need for diversified efforts to avoid a concentration of power.
Lenskart, Nykaa, PhysicsWallah see Q2 profits surge
New-age companies Nykaa, Lenskart, and PhysicsWallah reported strong numbers for the September quarter. This and more in today’s ETtech Top 5.
Google hands schools the AI switch as learning concerns grow
Google plans to restrict access to its AI tools for K-12 students, pending administrator approval. This change follows feedback aimed at enhancing control over classroom AI usage. The company is also expanding its Guided Learning feature, which helps students solve problems systematically. Research shows mixed results regarding AI's impact on student performance and learning outcomes.
US Midterm Election 2026: Who gives ChatGPT your polling data? The answer leads to Brooklyn
A voter asks ChatGPT where to cast a ballot. The answer may begin at a county election office. A Brooklyn nonprofit helps move polling information from local officials to some of the biggest names in tech. Its role explains why two different tools can give you the same answer without checking two different sources.
Chip startup Agrani Labs looks to raise $108 million from Peak XV, Google, Samsung
Peak XV Partners is leading the round and is expected to contribute more than half of the total funding. Google, HCL Tech, Samsung Ventures and Stargazer, an investment firm set up by Groww's founders, are also expected to participate, the people cited above said.
Google's use of press by AI chatbot may infringe copyright rules, EU court adviser says
A recent advisory from a leading legal authority in Europe highlights that press publications can sometimes violate copyright laws. The Advocate General emphasized that while copyright covers unique expressions, using such material for the development of large language models may fall under the text and data mining exception. This advisory is part of a legal challenge brought by Like Company against Google.
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Apple CEO John Ternus defends AI strategy: ‘Don't want to ship AI for AI's sake’
His comments come at a time when Apple has faced criticism for falling behind rivals such as Google in the AI race. Ternus also spoke about the risks associated with increasingly powerful AI models, particularly from a cybersecurity perspective.
Besides the bubble, a big AI risk could be growing in the shadows
Investors are worried about potential financial risks linked to Big Tech's investments in AI infrastructure. The technology sector recently experienced a significant sell-off, indicating growing nervousness among shareholders. S&P Global predicts considerable expenses on data centres for major companies like Amazon and Microsoft through 2030.
PB Fintech, Delhivery improve Q2 profits; Binance's $6.3 billion caper
PB Fintech on Friday reported a strong jump in profit and revenue for the July-September quarter. This and more in today’s ETtech Top 5.
Google AI avoids answering who won 2020 US presidential election, sparking debate: Here’s what we know
Google AI faced backlash for failing to accurately respond to queries about the 2020 US presidential election results. Users noticed discrepancies between responses for the 2020 and 2016 elections, which sparked concern. Critics suggested the issue implicates political intervention in AI output, while others attributed it to training errors. Google acknowledged the problem and indicated that it is working on solutions for the affected datasets.
AI’s 3-week blitz digs up 14,000 security flaws in open-source software
Google Cloud’s Mandiant team reported a similar acceleration in vulnerability discovery. In August, it said that its AI-assisted system had identified more than 100 confirmed critical vulnerabilities in two days during an investigation involving stolen corporate code repositories.
Google went to Finland for its AI expansion. Now a cleared forest and a police probe threaten to overshadow its $15 billion investment
Google's planned expansion in Finland is facing scrutiny due to alleged environmental violations at a data centre site. Authorities are investigating whether the company breached local laws related to water management. The controversy has drawn public criticism and highlighted the need for responsible corporate practices. As investment in artificial intelligence increases, balancing economic growth and environmental protection remains challenging.
Cyberattacks hit NBFCs; Pine Labs Q2 profit zooms
Cyber criminals are targetting smaller NBFCs with specialised AI toolkits. This and more in today’s ETtech Top 5.
Who guards India’s digital gatekeepers?
India has built effective digital systems that facilitate money transfer and identity verification across its diverse population. However, there are ongoing challenges regarding accountability and transparency in government digital platforms. Many argue that mechanisms like competition law may not be suitable for all government services.
QClairvoyance's quantum chemistry bet: Transitioning from research to pharma partnerships
QClairvoyance Quantum Labs has performed chemically precise simulations of eight small molecules on an actual quantum computer, marking progress towards drug discovery applications.
Anthropic's record IPO faces some big questions
No startup has ever grown so fast. Investors have already grown nervous.
Instagram 'Features': You can watch 90-minute podcasts, comedy shows and episodes inside the platform; long-form video option soon
Instagram features: Instagram is testing a new long-form video feature called Features, which will let users watch horizontal videos lasting up to 90 minutes. The platform plans to connect short Reels with full-length podcasts, comedy shows and other videos, allowing viewers to discover longer content and continue watching without leaving Instagram.
Anthropic's rapid growth comes with an $80 billion loss and growing concerns about AI risks
Anthropic filed for an initial public offering, reflecting rapid revenue growth amid significant financial losses. The company reported a 1,300% revenue increase, reaching $16.3 billion in the first half of 2026. However, it also encountered a net loss exceeding $80 billion due to high costs in AI development. Risks associated with AI technology are increasingly becoming a concern for potential investors.
Meet Ryan Deiss, who started an online business with just $500 in 1999; how he built DigitalMarketer and grew his digital marketing empire
Ryan Deiss was an 18-year-old freshman at the University of Texas at Austin in 1999. He started building basic websites for clients who were willing to pay him. One client reportedly could not pay him for his work but gave him an e-book she had written about making homemade baby food.
Timeline: Anthropic's path from AI startup to industry-defining IPO
Anthropic's IPO filing marks a significant step toward becoming the first public listing for a frontier AI lab. The company has raised a total of $3.5 billion in various funding rounds leading up to its IPO. Significant investments have come from major companies including Amazon.com and Alphabet's Google. Anthropic is currently projecting revenue of approximately $190 billion to $200 billion in 2028.
GTPL Hathway begins publishing TV viewership data from 10,000+ set-top boxes
GTPL Hathway has introduced audience viewership data for TV channels through its set-top boxes across various markets. This is an industry first and adheres to the guidelines from the Ministry of Information & Broadcasting. It uses return path data to derive insights without collecting personally identifiable information from subscribers.
Satellite lights, Google searches cut state growth estimation errors by up to 62%: RBI study
RBI study indicates that combining night-time light data with Google search trends can improve state economic growth estimates. Researchers tested their model in Gujarat, Maharashtra, and Karnataka, showing significant reductions in forecasting errors. This framework could help provide timely economic insights, as state data is often delayed. Night-time illumination proved to be a strong predictor of Gross State Value Added growth.
Bengaluru court restrains content creator publishing allegedly defamatory content on embassy developments; directs Meta, Google to block video
The court restrained Mundhra, his servants, agents, representatives and persons acting on his behalf or in concert with him from creating, publishing, uploading, telecasting, broadcasting, printing, circulating or otherwise disseminating allegedly defamatory statements or imputations concerning the company.
Reel deal: The next big thing in online shopping is playing on your screen
E-commerce platforms in India are leveraging video content to enhance product discovery and customer engagement. Creator-led videos provide a new shopping experience, combining entertainment with direct purchasing options. Consumers in tier 2 cities are particularly benefiting from this innovative approach to shopping. Companies like Amazon, Flipkart, and Myntra are adopting these technologies to boost sales. This shift may result in a significant increase in online shoppers in the coming years.
Special team to probe eMudhra incident; impact on Indian websites, applications very limited: Govt
The ministry said the reported security incident pertains to eMudhra’s global certificate business, and its impact on Indian websites is very limited.It also said some social media accounts were indulging in fear-mongering about the impact.
Dan Ni started TLDR as a side project with a reported $500. How his newsletter business reached 8 million subscribers and eight-figure revenue
Dan Ni started TLDR as a side project with a reported $500 in starting costs. By 2024, his newsletter business had crossed eight figures in revenue and was profitable. Today, TLDR reaches more than 8 million subscribers through 14 free daily newsletters.
eMudhra certificates blocked by Google and Mozilla; some legitimate websites may stop working from October 27; here's what happened
eMudhra intermediate CA certificates (Google Trends): Google and Mozilla have blocked eight compromised intermediate certificate keys linked to eMudhra, an Indian provider of digital trust and cybersecurity services. Weak randomness during key generation could have allowed attackers to forge trusted HTTPS certificates. Although eMudhra says the affected certificates issued no end-user certificates, Google's planned removal of a related root certificate could disrupt some websites.
eMudhra shares fall 20% after researchers point out its certificates are compromised
Shares of the company fell 20% and hit the lower circuit after the security flaw was highlighted. The discovery has raised concerns that attackers could use the certificates to create fake websites that appear genuine. Subsequently, major browser makers and applications, including Google, Apple, Mozilla, and Cloudflare, blocked the affected certificates.
Nvidia’s rivals have built their own AI chips and now want to make the software switch easier
Nvidia faces competition as Amazon and Google introduce tools that allow minimal changes for chip switching. Amazon's TorchNeuron and Google's TorchTPU aim to simplify the transition for developers using PyTorch. These tools enable existing code to run efficiently on different hardware.
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