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In 2026, Sonya Jin and Aadi Nashikkar-led Phinity Labs raised $5.2 million to let AI agents design computer chips from text prompts
Phinity Labs has raised $5.2 million to develop AI agents that can design computer chips from text prompts. Founders Sonya Jin and Aadi Nashikkar want the technology to explore chip architectures beyond conventional engineering methods. Backed by Uncork Capital, Moxxie and investors including Jeff Dean, the startup plans to build a system that tests designs using physical feedback and improves them before manufacturing.
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.
Ahead of Market: 10 things that will decide stock market action on Friday
Indian equities rallied over 1% on Thursday as the Federal Reserve held interest rates steady, crude prices eased and institutional buying strengthened sentiment. Sensex gained 905 points, while Nifty rose 238 points, adding nearly ₹5 lakh crore in market value.
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.
Google expands AI push in India with $15 million MSME funding, crop research and teacher training
In a remarkable move, Google has embarked on extensive AI initiatives in India, primarily focused on boosting sectors like agriculture, education, and small enterprises. The tech giant has allocated $15 million to uplift micro, small, and medium businesses while collaborating with institutions to create AI-enhanced crops that can withstand climate changes, benefitting global researchers. Furthermore, thousands of teachers are being equipped with AI tools to enrich their lesson plans.
Google launches flagship AI model Gemini 4 Argon for developers, businesses
Alphabet's Google on Wednesday released its flagship AI model Gemini 4 Argon to developers and businesses worldwide, seeking to regain ground against rivals OpenAI and Anthropic after months of delays and a leadership shakeup at its DeepMind lab.
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In 2017, Google researchers published “Attention Is All You Need”; they were solving translation, but accidentally laid the foundation for today’s AI age
Google Translate once struggled with long sentences because its software processed language one word at a time. This sequential reading approach created severe computational bottlenecks, slowing down translation and causing models to lose context by the time they reached the end of a paragraph. Computer scientists solved this limitation by abandoning step-by-step reading entirely. Their Transformer architecture analyzed full blocks of text simultaneously using self-attention.

IT firms cut H-1B reliance; Anthropic flags AI risks in IPO filing
Top Indian IT firms have sharply cut H-1B visa filings as rules tighten. This and more in today’s ETtech Top 5.

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.

As the coding boom fades, computer science grads focus on AI skills in choppy job market
The elevated jobless rate in the field - at around 7.1% for recent computer science and computer engineering graduates, according to an Associated Press analysis - reflects in part the huge numbers of students who enrolled during the coding boom.

Pine Labs teams up with Google Cloud to bring AI agents to merchants
Pine Labs has announced a partnership with Google Cloud to support Indian merchants in future AI-driven commerce. The collaboration aims to assist small and medium businesses by using Google Cloud's Gemini AI technology. Pine Labs is developing tools that automate marketing and streamline payment systems for these merchants.

Ex-Google safety chief warns AI could harm children more than social media did
The founder of the trust and safety team at Alphabet's Google this week called for a slowdown in AI development, warning that the tech industry was repeating the same mistakes from the social media era, potentially causing even greater harm to

UPI charges from October 15; Activate’s maiden fund
Happy Wednesday! The NPCI has announced charges on select UPI merchant payments. This and more in today's ETtech Morning Dispatch.

'We unleashed the beast': the world's fears and hopes about AI
Global discussions are occurring about regulating artificial intelligence development. People in various countries share fears and hopes for the AI future. Leading US labs have called for a coordinated slowdown of cutting-edge work. Some individuals express concerns about AI making people less capable. Others see AI as a benefit if proper precautions are taken.

I quit my Rs 75 LPA job to build a startup and ChatGPT, Google AI made it irrelevant. We lost all customer in 30 days: Techie shares the hard reality of entrepreneurship
A tech entrepreneur who quit a ₹75 lakh-per-year job to build a startup says the company's first product became irrelevant within 30 days after the rise of ChatGPT and Google's AI tools. The startup lost all its customers, took seven months to find a new direction and another nine months to build a meaningful product.

Train passengers, stop checking the platform board every 10 minutes: This little-known solution shows your coach position and even works without internet
The Where Is My Train app makes train journeys easier by offering real-time train tracking and a range of useful travel tools. It can work without an internet or GPS connection by using mobile tower data to estimate a train’s location. Users can access train schedules and PNR information, while features such as destination alarms and coach position details make it a useful travel companion for rail passengers across India.

Google's Gemini AI assistant reaches one billion users
Google's artificial intelligence assistant Gemini has surpassed one billion monthly users, CEO Sundar Pichai announced Tuesday, a week after a major reorganization of the tech giant's AI division. OpenAI reached one billion users across all its interfaces, led by ChatGPT, the lab announced in July without specifying whether that figure was monthly or weekly users.

Google’s new Windows search app could make finding files, images and answers way quicker
Google is testing a new Windows app that streamlines searching across files, apps, Google Drive, and the web. Available to a limited group in the US, it offers a Spotlight-like experience for Windows users. Features include Google Lens integration for translating and solving problems, and an AI Mode for conversational answers. Currently experimental, the app is available only in English and for personal accounts through Google’s Search Labs.

Google Search gets AI mode rollout in India, no labs sign-up needed
Google introduces AI Mode in Search for Indian users. This feature, previously experimental, is now a standard part of Google Search. It offers detailed, AI-generated responses to user queries. Users can access it through a dedicated AI Mode tab. The feature supports text, voice, and image inputs. It aims to provide a more intuitive and enriched search experience.

Google rolls out AI mode for all users in India
Google has launched its AI Mode feature for all users in India, offering a powerful, multimodal AI search experience via the Google app. Powered by Gemini 2.5, users can now type, speak, or snap photos for deeper, helpful responses—no Labs signup required.

Google launches AI Mode for Search in India
Google on Tuesday added an AI mode feature to India as an experiment in Labs in English. This feature will provide more advanced reasoning and multimodality, as well as the ability to go deeper through follow-up questions and helpful links to the web.

Google set to launch AI Overviews in India
In India, Google said it was rolling out AI Overviews in English and Hindi in India and were also introducing popular India-first features that were well-received during the company's Search Labs experiment. This includes helping a user easily switch between English and Hindi results with the language toggle button, and listen to responses with Text-To-Speech by tapping the 'Listen' button.

Will Google replace Web? Know how will AI-powered SGE change search experience
Search Generative Experience or the SGE will transform the way people interact with search results. It will pull those results directly into Google, prove a more interactive search experience with follow-up content and link suggestions.

Google now lets users leave & read 'Notes' on web searches in India
Accessed through the Search Labs initiative, 'Notes' aims to add a human touch to search, enabling users to share knowledge and opinions on various topics.

Google opens generative AI search experience to teens
Google is expanding its generative AI search experience, known as Search Generative Experience (SGE), to teenagers in the US aged 13 to 17. The company aims to strike a balance between providing opportunities for teenagers to benefit from the technology while prioritizing safety and meeting their developmental needs.

Google brings generative AI to Search in India
The Search Generative Experience is available in English and Hindi, and includes India-focused features such as language toggle, text-to-speech and voice input in a conversational mode.

Google is weaving generative AI into online shopping features
Google is bringing generative AI technology to shopping, aiming to get a jump on e-commerce sites like Amazon.com Inc.

Google adds new feature to Search, Assistant and Maps, update will show Covid-19 testing labs
The new feature is available in English along with 8 Indian languages.
Google search getting eyes and ears
Google search is getting eyes and ears, moving beyond typed key words to let people scour the Internet with mobile telephone cameras or spoken words in multiple languages.
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