Digital India, space programs, AI governance, cyber initiatives, and scientific research.
"AI has reached its inflection point. It's doing useful work. Its tokens are productive and profitable. Now, compute is revenue," Nvidia Chief Executive Jensen Huang said.
The coordinated activity by AI agents - programs that run with minimal human supervision - and their attempts to hide it raise questions about how closely AI companies are monitoring tests of increasingly powerful models, and could add fuel to calls for tighter oversight.
OpenAI and 1X last year discussed the possibility of the ChatGPT-maker acquiring 1X, the report added.
Nvidia has agreed to buy AI platform Hugging Face for $12.9 billion, The Information reported on Wednesday, citing a person with knowledge of the deal. The Financial Times reported in January that Hugging Face last year rejected a $500 million investment offer from Nvidia that would have valued it at $7 billion.
Surging component imports drawing Chinese companies to Indian govt's flagship event
Happy Thursday! Top entrepreneurs and business leaders came together in Bengaluru on August 25 to pick the winners of The Economic Times Startup Awards (ETSA) 2026.
Emergent cofounder Mukund Jha has won the Comeback Kid award at the ET Startup Awards 2026, marking a return after the collapse of Dunzo. The jury recognised his second act with AI startup Emergent, which recently raised $230 million at a $1.5 billion valuation and built more than 12 million applications through its AI-powered platform.
Founded in 2020 by Saurabh and Trishala Bothra and Anshul Agrawal, the platform aimed to make yoga more accessible and has become one of India's largest digital wellness platforms, growing without external funding.
Deeptech startup Theranautilus has won the Top Innovator award at the ET Startup Awards 2026 for its work on microscopic robots that can navigate the human body for targeted treatments. Founded in 2020, the Bengaluru-based startup is developing the technology for dental care, with human trials planned for September 2026.
Sauce VC founder and managing partner Manu Chandra has won the Midas Touch award for Best Investor at the ET Startup Awards 2026. The jury recognised his early bets on consumer startups and strong exit track record, including Sauce’s estimated Rs 500-550 crore exit from portfolio company Innovist to L’Oréal.
Armatrix has won the Best on Campus award at the ET Startup Awards 2026 for its snake-like robotic arms designed to work in narrow, hazardous industrial spaces. Founded on the IIT-Kanpur campus in 2024, the startup is running paid pilots in shipbuilding and plans to expand into aviation, oil and gas and nuclear industries.
Palmonas cofounder Pallavi Mohadikar and Progcap cofounder Pallavi Shrivastava jointly won the Woman Ahead award at the ET Startup Awards 2026. The jury recognised their distinct journeys in building high-impact businesses in jewellery and supply-chain finance, as both founders tackle underserved markets in the country.
The elite jury was chaired by Wipro executive chairman Rishad Premji. The 11-member panel deliberated for nearly three hours on Tuesday to pick winners in eight categories.
Do you consider a public market company a startup, or do those not qualify? That was the big debate when the jury met to decide the next cohort of winners for The Economic Times Startup Awards 2026.
Varaha is helping farmers adopt sustainable farming practices such as regenerative farming, tree planting, biochar and enhanced rock weathering that improve organic carbon and moisture retention in soil and boost biodiversity, while reducing farmers’ dependence on synthetic inputs.
The elite jury was chaired by one of India’s brightest next-generation leaders Rishad Premji, executive chairman, Wipro. Members of the jury included Sachin Bansal, cofounder, Flipkart and Navi; Vijay Shekhar Sharma, founder and CEO, Paytm; Mukesh Bansal, cofounder, Myntra; Mithun Sacheti, cofounder, CaratLane; Nandita Sinha, CEO, Swiggy...
With the win, Groww joins the likes of Urban Company, Lenskart, OfBusiness, Razorpay, Zomato, Zerodha, Delhivery, Swiggy, Oyo, Freshworks and Ola, all of which won the biggest honour over the 11-year history of the awards.
Some of the rogue behavior, which culminated in the highly publicized breach of the open source repository Hugging Face last month, has been disclosed or alluded to previously.
Anthropic has been aggressively expanding its computing power to meet demand growth it expects for products like AI coding tool, Claude Code. Nscale, a cloud infrastructure provider, will deploy Nvidia's new Vera Rubin chips to support Anthropic's computing needs, the person said.
Qwen3.8-Flash supports a default context window of 262,144 tokens, expandable to 1 million tokens, enabling it to handle large files, lengthy conversations and extensive research materials. It also released open-source weights for Qwen3.8-Flash-Next, allowing the developer community to evaluate an architecture that Qwen said would serve...
