AI News
Reporting, analysis and features from AIM's AI News section.
Ilya Sutskever Reveals $7 Bn OpenAI Stake While Accusing Sam Altman of Dishonesty
Sutskever also confirmed that after Altman’s temporary ouster, OpenAI board members held discussions with Anthropic regarding a possible merger.
Siddharth Jindal ·
OpenAI Launches $4 Billion Deployment Company Backed by Top Investors
The Deployment Company will function as a standalone business unit while remaining closely connected to OpenAI’s research and product teams.
Siddharth Jindal ·
Axis Bank Launches AI-Powered Compliance Solutions for Current Account Customers
The bank is deploying GenAI, GST intelligence and document AI to digitise Re-KYC and profile updates.
C P Balasubramanyam ·
Anthropic Earns $9 Mn Per Employee in Revenue, Highest Among AI Companies: Report
On the other hand, OpenAI earns $5 million per employee.
Supreeth Koundinya ·
Mahindra Deploys AI Voice Agents for XUV 7XO Launch
The automaker reports 8% conversion uplift as AI voice agents handle a surge in launch-time inquiries.
C P Balasubramanyam ·
Cyient Semiconductors Launches India-Made GaN Power Chip Family
The company introduced seven GaN power ICs built with Navitas technology for AI, telecom, and e-mobility applications.
Sanjana Gupta ·
Delhi-NCR Raises $1.7 Billion in Q1 2026 Driven by Large Funding Rounds
Gurugram dominated the funding landscape, attracting 52% of all capital raised in the region, equivalent to $876 million.
Shalini Mondal ·
Humyn Labs Highlights Multilingual AI Speech Recognition Gaps With New Benchmark Report
The benchmark is based on human-verified conversational audio collected from 22 Indian states.
Prachi Pradhan ·
Flo Mobility Raises $2.5 Million to Drive Global Expansion in Construction Robotics
The Bengaluru-based physical AI startup is building solutions for the construction industry to autonomise construction sites across India and expand globally.
Smruthi Nadig ·
TSMC, Sony Semiconductor Plan Joint Venture for Next-Gen Image Sensors
The companies will establish a joint venture at Sony’s new fabrication facility in Kumamoto prefecture, Japan.
Sanjana Gupta ·
Udemy Adds AI Avatars & Custom Scenarios to Its Role Play Learning Tool
The edtech platform’s latest update brings immersive video and enterprise-grade customisation to its applied skills practice feature.
Novinston Lobo ·
Google for Startups, Antler India Launch Two-Phase AI Programme for Indian Founders
The programme targets startups with live products and verified traction, combining Google's technical curriculum with Antler's venture track.
Novinston Lobo ·
IIT Madras Global Research Foundation Plans $7.5M Deeptech Hub in Silicon Valley
The institute's first US centre, located in Menlo Park, aims to connect Indian deeptech startups with global capital, mentorship, and markets.
Novinston Lobo ·
IRCTC-Approved Travel App ConfirmTkt Launches AI Agent to Help Book Trains
ixigo-owned ConfirmTkt’s new feature, AI Seat Finder, analyses real-time train data and suggests alternate trains, routes, and boarding points.
Prachi Pradhan ·
Ramp Builds AI Model Better than Claude Opus for Navigating Spreadsheets
Built on top of the Qwen models, Fast Ask is designed to navigate and retrieve data from spreadsheets.
Supreeth Koundinya ·
Genpact Expands Partnership with Google Cloud to Build AI Agents for Finance Operations
The partnership will combine Genpact’s finance and operations expertise with Google Cloud’s AI infrastructure to create ‘agentic AI’ systems for forecasting, accounts payable and financial planning.
Prachi Pradhan ·
Sonata Software Q4 PAT Rises 25% Sequentially, Revenue Down 18%
The sequential jump in Q4 profit was driven by growth in its international business and rising demand for AI-led modernisation projects, while domestic revenue saw a hit.
Ajay Rag ·
Karnataka Plans Advanced Spacetech Testing Infra, SME Involvement for Commercial Launches
Pixxel, KaleidEO, Astrogate Labs, GalaxEye, Ananth Technologies, Centum Electronics, HAL, and IN-SPACe participated in the discussions
Shalini Mondal ·
OpenAI Introduces GPT-Realtime-2 With GPT-5-Level Reasoning for Voice Assistants
OpenAI has unveiled three new real-time audio models aimed at developers building voice assistants, customer support systems, translation tools and live transcription services.
Prachi Pradhan ·
Adobe Opens 7th India Office in Noida
The new campus will house over 700 employees across engineering and customer-facing functions in Sector 129.
Sanjana Gupta ·