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IIM Bangalore and The Economic Times launched the AI Business Transformation Masterclass and ET Most Innovative AI Product Awards 2026. This initiative helps business leaders manage AI investments and implementation. It offers practical guidance for CEOs and founders to build effective strategies, ensuring they use new technology to improve operations.
PM Modi announced a plan to provide AI skilling for 1 crore youth within a year. He said, "In the journey of a developed India, youth have a massive role to play." The government also started free online coaching to help students. These efforts aim to make India a global innovation hub.
Thrive Capital’s 2022 early-stage fund grew to $3.7 billion as of the end of June. The firm got these results by focusing on a small group of companies instead of many. Josh Kushner said the firm is now pursuing a minority investment from its original shareholder group and new parties.
Mahindra launched the BE 6 SPORTEQ on August 15, featuring a new three-screen cockpit and Google Gemini-powered technology. Prices start at Rs 11.45 lakh under the Battery as a Service model. Many customers can choose from eight variants, with deliveries set to start on August 26, 2026, for this electric SUV.
Apple announced the iPhone X on September 12, 2017, at the Steve Jobs Theatre. Tim Cook said, "the biggest leap forward since the original iPhone." The device changed the industry with its all-screen design. Now, nearly nine years later, Apple officially marked the phone as obsolete, ending all service and repairs.
Twitch now lets streamers opt out of having their content used to train Amazon’s AI models. Users can disable this in their account settings. Mike Minton, Twitch’s head of product, said, “I think it’s quite reasonable to assume that almost any publicly available content is used to train models.”
A man used ChatGPT to find his missing clog among 1,000 pairs of footwear at Ujjain's Mahakaleshwar temple. The viral video showed him uploading a photo of the pile to the chatbot for help. Many viewers were surprised, with one user noting, "I didn't know we could use ChatGPT this way."
Claude’s downloads in India soared over 30-fold to 8.5 million in the June quarter of 2026. While ChatGPT leads in consumer spending at Rs 112.8 crore, Gemini is gaining more user attention. Eve Chen said, "Claude stands out with more consistent momentum," as these AI apps compete for market dominance.
Stripe and Advent International are in talks to acquire PayPal. This deal could be finalized "in the coming weeks" despite PayPal rejecting an initial offer. The company struggled to compete with Apple Pay and Google Pay, but news of these talks showed that PayPal shares rose nearly 1.8% in value.
NVIDIA plans to lower its investment in OpenAI’s Ohio data center project. The chipmaker will likely provide financial backing only for the first phase of this massive site. While OpenAI negotiates a lease for the full project, questions remain about its ability to fund such large commitments despite a high valuation.
Google now lets users remove visible watermarks from AI images created in Gemini and Flow. You can find this toggle in settings soon. Woodward said, "So you can still use Gemini or Search to see if an image was AI-generated." Google also released a new library to help developers verify content.
Prime Minister Narendra Modi said India would bring five new nuclear reactors on stream this decade. Speaking from the Red Fort on Saturday, he stressed that energy security is vital for new technologies like AI. He added, "Today, it is difficult to run the new world without energy," pushing for self-reliance.