· 8 days ago· YourStory
Startup news and updates: daily roundup (May 5, 2026)
YourStory presents the daily news roundup from the Indian startup ecosystem and beyond. Here's the roundup for Tuesday, May 5, 2026.
Topic
#india
2238 articles found
· 8 days ago· ET Tech
Google DeepMind UK staff move to unionise over military AI use
Google DeepMind workers in the UK have sought official union recognition. They are concerned about the company's artificial intelligence technology being used by the US and Israeli militaries. Employees are demanding an end to such applications and the restoration of a commitment against creating AI
· 8 days ago· ET Tech
Major publishers sue Meta for copyright infringement over AI training
Major publishers have filed a lawsuit against Meta Platforms in Manhattan federal court. They accuse the tech giant of using millions of their books and journal articles without permission to train its artificial intelligence model, Llama. This legal action marks a new development in copyright dispu
· 8 days ago· ET Tech
Irish regulator investigates Shein over data transfers to China
Ireland's Data Protection Commission is investigating Shein. The probe focuses on how the Chinese online retailer transfers European user data to China. This inquiry is a strategic priority for the DPC. Shein states it is fully committed to complying with data protection laws. The DPC has previously
· 8 days ago· ET Tech
Anthropic deepens finance push with 10 new AI agents for banks, insurers
AI firm Anthropic is launching new software for banks and insurers. Ten specialized AI programs will automate tasks like building pitchbooks and auditing statements. This move aims to boost efficiency in the financial sector. Major companies like Goldman Sachs and Visa are already using Anthropic's
· 8 days ago· ET Tech
OpenAI, Anthropic ventures in talks to buy AI services firms: Sources
AI giants OpenAI and Anthropic are planning to buy companies that help businesses use artificial intelligence. These moves aim to bring in hundreds of engineers and consultants. This strategy will help companies integrate AI models into their operations. It marks a new phase in the competition for A
· 8 days ago· ET Tech
AEP raises capital plan to $78 billion as data centre power demand skyrockets
American Electric Power is boosting its investment plan to $78 billion. This increase is driven by the rapid growth of data centres. These power-hungry facilities are needed for artificial intelligence. AEP is investing in generation and transmission infrastructure to meet this demand. The company h
· 8 days ago· ET Tech
A16z’s crypto vehicle launches $2.2 billion Fund V
Andreessen Horowitz's crypto arm, a16z crypto, has secured $2.2 billion for its Fund V, focusing on areas like stablecoins and AI agents. The firm believes crypto's inherent properties are becoming more valuable amidst increasing software complexity and opaque AI systems.
· 8 days ago· ET Tech
India's markets regulator sets up task force to tackle AI-driven cyber threats
India's market regulator, SEBI, has issued a new advisory. It warns about emerging AI tools for detecting vulnerabilities. These tools could create new cybersecurity risks for regulated entities. SEBI has formed a task force to study these AI-based models. The task force will assess cyber risks and
· 8 days ago· ET Tech
Voice AI firm ElevenLabs tops $500 million ARR; announces additional funding
Voice AI startup ElevenLabs has announced its annual recurring revenue has surpassed $500 million in early 2026. The company also secured additional funding in its Series D round, valuing it at $11 billion. This investment will fuel platform advancements and global expansion, focusing on human-like
· 8 days ago· ET Tech
Italy's Meloni warns over AI deepfakes after false photos circulate
Italian Prime Minister Giorgia Meloni has raised concerns about fake images of her created using artificial intelligence. These deepfakes are circulating online and being used by political opponents. Meloni highlighted the danger of such false content, stating it can deceive and manipulate people wh
· 8 days ago· ET Tech
Alphabet closes in on Nvidia's spot as world's biggest company
Alphabet is nearing the top spot as the world's most valuable company. Its stock is surging due to strong artificial intelligence progress and a booming cloud business. This shift highlights Alphabet's growing role as an AI services provider and a competitor in custom chip development. Investors are
· 8 days ago· ET Tech
Samsung R&D launches startup incubation drive, offers upto $50,000 grants
Samsung's R&D Institutes in Bengaluru and Noida have launched the 2026 Samsung Mobile Advance program, an open innovation initiative for deeptech startups. The program offers up to $50,000 in grant funding for proof-of-concept solutions, focusing on next-generation mobile technologies like AI, XR, a
· 8 days ago· ET Tech
Top European tech CEOs call for easier AI rules
European tech executives are advocating for streamlined regulations on AI, arguing that existing rules stifle innovation and growth. They emphasize the need for a robust industrial policy and simpler merger processes to empower local companies. With competitors in other regions already advancing AI
· 9 days ago· MediaNama
Telangana HC grants actress Ashu Reddy protection from defamation online, cites right to privacy
Granting the actress protection from defamation, the court said the right to privacy is not just about secrecy but also an individual's "right to control dissemination of personal information". The post Telangana HC grants actress Ashu Reddy protection from defamation online, cites right to privacy
· 9 days ago· Analytics Vidhya
Top 10 Open-Source Libraries to Fine-Tune LLMs Locally
Fine-tuning LLMs has become much easier because of open-source tools. You no longer need to build the full training stack from scratch. Whether you want low-VRAM training, LoRA, QLoRA, RLHF, DPO, multi-GPU scaling, or a simple UI, there is likely a library that fits your workflow. Here are the best
· 9 days ago· Livemint Technology
OpenAI's ChatGPT phone fast-tracked, launch timeline and key specs leaked in new report
OpenAI is accelerating the production of its first AI agent smartphone, with mass production expected in 2027, ahead of an IPO.