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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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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Crypto wallet provider SafePal discloses data breach affecting nearly 40,000 users' order information

An authorization flaw in the order tracking ‌system allowed access ⁠to ⁠another customer's order information between March 2, 2025, and April 11, ​2026, SafePal said in a statement.

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Anthropic CEO Dario Amodei rejects claim AI regulation would concentrate power

Responding to a debate sparked by comments from investor Gavin Baker, Amodei said the choice between concentrating AI power through regulation and distributing it widely was a "false choice". He argued that fair institutional processes can constrain corporate power and protect individuals, while regulation can be designed to place greater burdens on the most advanced AI companies than on smaller challengers.

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Five to eight more semiconductor plants to come up in eight years: PM Modi

Addressing the nation from the ramparts of the historic Red Fort on the 80th Independence Day, the prime minister said India's semiconductor journey reflects its growing technological self-reliance. Recognising the strategic importance of chips, the prime minister said India has taken decisive steps towards self-reliance in semiconductors.

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