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.

from Tech-Economic Times https://ift.tt/Fx24cvN

Trump plans to honour Microsoft's CEO after Vance drops H-1B visa hammer on company

The crackdown on Microsoft came under Vance's purview as the head of a fraud task force, but the targeting revealed the tension between the companies powering US economic growth and the administration's efforts to reduce immigration that it says has come at the expense of American workers.

from Tech-Economic Times https://ift.tt/Du3ca0P

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.

from Tech-Economic Times https://ift.tt/Fr8Qpwt

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.

from Tech-Economic Times https://ift.tt/10LUJEv

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.

from Tech-Economic Times https://ift.tt/46TmNUw

Google fights £1 billion UK lawsuit over app store fees in latest Big Tech case

The case - brought on behalf of around 20 million consumers who bought apps through Google's Play Store, or paid for in-app purchases and subscriptions between 2015 and this July - is the latest brought in Britain against Big Tech.

from Tech-Economic Times https://ift.tt/THZDF2n

Wikipedia operator says OpenAI's rogue agents possibly tied to data service disruption in May

In a blog post issued on Monday, Wikimedia said it could confirm "that we have discovered some activity by these 'rogue' OpenAI agents on Wikimedia platforms," including a May incident that resulted in a "partial outage" of its data service.

from Tech-Economic Times https://ift.tt/yUYd17P

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.

from Tech-Economic Times https://ift.tt/lJbhjRn

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 "

from Tech-Economic Times https://ift.tt/LZUlOVv

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.

from Tech-Economic Times https://ift.tt/J6IneTR

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.

from Tech-Economic Times https://ift.tt/jEDUJ5d