Startup news and updates: Daily roundup (April 27, 2026)
YourStory presents the daily news roundup from the Indian startup ecosystem and beyond. Here’s the roundup for Monday, April 27, 2026
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YourStory presents the daily news roundup from the Indian startup ecosystem and beyond. Here’s the roundup for Monday, April 27, 2026
South Korea and Google are set to build a new artificial intelligence campus in Seoul. This collaboration aims to foster cooperation between Google and local engineers and startups. The initiative includes plans for training and internships. Google also expressed interest in deepening partnerships w
OpenAI CEO Sam Altman has revealed five core principles guiding the development of artificial general intelligence. These principles aim to ensure AGI benefits everyone. They focus on making AI accessible to many, empowering individuals, fostering universal prosperity, building resilience against ri
IIT-Madras has achieved a significant milestone in deep-tech entrepreneurship. The institute incubated over 100 startups for the second year running. This success builds on previous achievements. IIT Madras also filed 431 patents during the financial year. This demonstrates strong research translati
China's NDRC has blocked Meta's $2 billion acquisition of AI firm Manus, citing "laws and regulations." This move signals Beijing's intent to prevent the outflow of its top AI talent and technology, even after companies "Singapore-wash" to access foreign capital.
Microsoft's exclusive hold on OpenAI's artificial intelligence models is over. This change allows OpenAI to offer its technology to competitors like Amazon and Google. Microsoft will still be OpenAI's main cloud partner and has licensing rights until 2032. This development impacts the ongoing artifi
Governments globally are gearing up to use AI extensively in the coming year. However, many are finding it difficult to move beyond initial tests. This is due to issues with data integration, a lack of skilled workers, and cybersecurity concerns. Most government technology budgets are still spent on
India is embracing STEM education to prepare for a future shaped by automation and digitalization. New roles combining technology and human creativity are emerging. Focusing on STEM skilling will boost India's economic advantage and drive sustainable growth. This initiative aims to equip youth for e
While Meta is blocking flagged content automatically, they are not restoring the blocked content when they find the takedown isn't legally valid. The post Meta now instantly blocks content in India appeared first on MEDIANAMA.
Google just changed how developers do research. On April 21, 2026, they launched Deep Research Max. It runs on Gemini 3.1 Pro and is not just another chatbot upgrade. This is an autonomous AI research agent. It plans, searches, reads, reasons, and writes, all from a single API call. By the end, you
RBI has cancelled Paytm Payments Bank’s licence, formalising its shutdown after years of compliance lapses, regulatory curbs, and failed revival hopes for the fintech firm. The post Explained: Why did the RBI cancel Paytm’s banking licence? appeared first on MEDIANAMA.
OpenAI plans to enter the smartphone market and has set a target of 2028 for mass production. The company is said to be working with MediaTek and Qualcomm for chip manufacturing.
As digital lending scales in India, fraud is no longer a downstream risk. AI-powered synthetic identities are forcing lenders to rethink underwriting itself.
Metasports said the funds will support the growth of its flagship multiplayer cricket game, Hitwicket, while also boosting marketing efforts and user acquisition.
Overview Energy is developing a system that can collect solar energy in space and beam it to facilities on the ground for power generation around the clock. Initial orbital demonstration of the system is expected in 2028, with commercial power delivery in 2030, the companies said.
Amazon plans to deploy significant capital and infrastructure to catch up in a segment where hyperlocal networks, dense warehousing, and last-mile efficiency are critical.