TECH NEWS
In this moment, where we're starting to wonder if we're controlling AI or if it's starting to control us, we're confronted with the emergence of a new and potentially wildly more powerful model in the form of OpenAI's Astra or
TECH NEWS
In Brief 12:36 PM PDT · September 3, 2026 Thinking Machines, the AI lab founded early last year by former OpenAI CTO Mira Murati, is in discussions to raise $1 billion at a valuation of at least $40 billion, The Information reported Thursday. Existing backer Accel is in talks to
TECH NEWS
Today could be the day Tesla changes forever. In a couple of hours, Tesla will “launch” the Cybercab — a small, gold, two-seater sedan with no steering wheel or pedals that uses cameras and AI to navigate the world — in its hometown of Austin, Texas. The company hasn’t said what
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Relying on AI-generated advice proved to be a “critical misstep” for three climbers whose planned 8-hour ascent of California’s Mount Shasta spiraled into a grueling three-day ordeal. The climbers were finally rescued in a complex, multiday operation following an injury and two failed helicopter airlifts. Setting off at 3
TECH NEWS
Technology news moves quickly. Funding rounds, product launches and AI announcements can easily become isolated headlines by the end of a busy week. Sometimes, however, the numbers tell a larger story. This week, CIOL’s coverage ranged from AI-generated software and new compute infrastructure to conversational advertising, space technology and
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Sandhya Devanathan will join OpenAI in October to lead consumer growth, enterprise adoption, partnerships and regulatory engagement across Southeast Asia and Australia. OpenAI has appointed Sandhya Devanathan, Meta’s Vice President for India and Southeast Asia, as Vice President for Southeast Asia and Australia, strengthening its regional leadership as the
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OutSystems has launched Agentic Loan Applications, a pre-built system designed to bring AI agents into consumer lending workflows while keeping lending decisions, governance and auditability under the control of financial institutions. The offering combines customer-facing mobile and web applications, data models, governed agents and deterministic workflows. Rather than replacing existing
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ITC Infotech is reportedly moving closer to acquiring a controlling stake of around 44% in Bengaluru-based Happiest Minds Technologies from founder Ashok Soota and promoter entities, in what could become one of the bigger consolidation moves in India's mid-tier IT services market. Multiple media reports have placed the
TECH NEWS
Enterprise AI is moving beyond copilots and experiments into business processes. As companies deploy more AI systems, the bigger question is how to keep those systems predictable, governed, and accountable. For India, Sajeev Viswanathan, Founder & CEO, New Street Technologies, argues that the focus should be on using AI to
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PhonePe has launched UPI 123Pay for feature phone users, enabling them to make UPI payments without an internet connection and extending the company's digital payments network to a segment of more than 200 million feature phone users in India, according to the company. PhonePe said it is the
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Gnani.ai has recently launched Artha, an end-to-end sovereign AI stack unveiled in New Delhi on August 28, 2026, in the presence of Vice-President of India C. P. Radhakrishnan. The launch centered on Gnani Evon v3.3, a 30-billion-parameter open-weights model, and Plexus, the company's agentic AI platform.
TECH NEWS
MapmyIndia Mappls, the digital maps and deep-tech company of C.E. Info Systems Ltd, has partnered with AI-driven data analytics company ClarityX to launch Geo-FI, a platform that uses location and geospatial data to help banks and financial institutions make lending decisions. The companies said Geo-FI is designed to add
