Google is working on a new AI chip designed to make Gemini more efficient

Source: Tech Crunch

Google is working on a new AI chip designed to make Gemini more efficient

Startups

Alphabet is developing a new server chip, "Frozen v2," to enhance the efficiency of its Gemini AI models. Expected by 2028, the chip could be six to ten times more efficient than current hardware. This move follows a broader industry trend of reducing dependence on Nvidia. The news has boosted investor confidence and Google's stock price ahead of its earnings report, amid massive planned AI infrastructure expenditures.

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Feds launch investigation into Tesla’s Cybercab deployment

Startups

"The National Highway Traffic Safety Administration has launched an investigation into Tesla's new Cybercab after the vehicles debuted on public roads in Austin, Texas. The probe focuses on the absence of steering wheels and pedals, which generally contravene federal safety regulations. While the Department of Transportation has proposed removing these requirements for autonomous cars, Tesla self-certified the Cybercab as compliant with all Federal Motor Vehicle Safety Standards.".

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Sneaker brand Comet raises Rs 100 Cr in Series B led by Verlinvest

Startups

"Bengaluru-based sneaker brand Comet has raised Rs 100 crore in a Series B round led by Verlinvest, with support from Elevation Capital and Nexus Venture Partners. The company plans to use the capital to expand its retail presence, enhance technology, and invest in R&D for proprietary sole designs. Having seen revenue grow ninefold since its Series A, Comet aims to double its retail stores and footwear portfolio.".

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Flipkart Minutes Could Add 1,000 Dark Stores By Mid-2027: UBS

Business

Flipkart Minutes plans to add 1,000 dark stores by mid-2027, potentially doubling its network to 2,000 locations to compete with Blinkit. According to a UBS report, the service's net order value is now comparable to Blinkit's. Flipkart is also diversifying its assortment with premium groceries and expanding into Tier II and III cities as India's quick commerce market is projected to reach $40 billion by 2030.

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D2C Sneaker Brand Comet Raises ₹100 Cr To Expand Offline Presence

Business

"D2C sneaker brand Comet has raised ₹100 crore in a Series B funding round led by Verlinvest, with participation from Elevation Capital, Nexus Venture Partners, and several angel investors. The startup plans to use the capital to expand its retail footprint from 10 to 20 stores, double its footwear portfolio, and invest in research and development, including the launch of its first female-focused sneaker line.".

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Ola Electric Opens First Dealer-Led Stores, Eyes 500-Outlet Network

Business

Ola Electric is transitioning from a company-owned retail model to a dealer-operated network, launching its first stores across seven Indian states. The company aims to establish over 500 dealerships within two quarters to expand market reach and resolve long-standing after-sales service issues. Existing outlets will become product experience centres, while dealer partners manage local sales and service to reduce costs and improve customer support.

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OpenAI Rolls Out GPT-6 Astra, Its ‘Most Capable Model’ Yet

Business

OpenAI has launched GPT-6 Astra, its most capable frontier model designed for agentic AI. The model can autonomously navigate websites, interact with software, and execute complex multi-step workflows, competing with Google and Anthropic. Featuring a 1.05 million-token context window, Astra excels in coding, mathematics, and cybersecurity. It will initially roll out to select organizations before becoming available to all ChatGPT Plus, Pro, Business, and Enterprise users.

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8 Powerful Aldous Huxley quotes on society and solitude

Startups

Aldous Huxley, renowned for Brave New World, explored human nature and the dangers of conformity. His philosophical reflections emphasize the importance of solitude, introspection, and intellectual honesty in preserving individual freedom. By championing curiosity and empathy, Huxley argued that personal growth and critical thinking are essential to resist social pressures. His enduring legacy encourages individuals to face uncomfortable truths and evolve their perspectives for meaningful societal progress.

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Medulance Raises ₹24 Cr To Expand Emergency Response Network

Business

Healthtech startup Medulance has raised ₹24 crore in a Series A funding round led by Auxano, Alkemi, and Equentis. The company plans to use the capital to expand its GPS-based emergency response network and connected ambulance services across India. Operating over 15,000 ambulances in 500 cities, Medulance utilizes 5G technology for real-time patient data sharing, aiming to reduce response times within India's fragmented healthcare market.

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Ekta Kapoor's Balaji Telefilms partners with YouTube to launch five original shows

Startups

Ekta Kapoor will lead the creative vision and own the intellectual property, while YouTube manages global distribution and monetization through advertisements and brand deals to reach viewers on connected TVs.

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Indian-origin Anil Chakravarthy to take over as Adobe CEO

Startups

Adobe has named Indian-origin executive Anil Chakravarthy as CEO, succeeding Shantanu Narayen as the software giant enters a new AI-driven phase of growth.

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WhatsApp Takes On PhonePe, Google Pay With Bill Payments In India

Business

WhatsApp has launched an in-app bill payment feature in India, allowing users to pay household and utility bills directly. Powered by Bharat Connect, the service covers 22,722 billers across 30 categories using UPI, debit, and credit cards. This expansion puts WhatsApp in direct competition with PhonePe, Google Pay, and Paytm. The feature is rolling out to Android and iOS users, aiming to simplify routine digital payments nationwide.

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Google Cloud Startup Summit to explore how agentic AI can reshape startup growth

Startups

At Google Cloud Startup Summit 2026, founders will explore how agentic AI can help startups move beyond AI wrappers, reduce operational friction, and build more capital-efficient businesses.

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PhysicsWallah Shares Jump 6% As Motilal Oswal Sets ₹200 Target

Business

PhysicsWallah shares rose up to 6% after Motilal Oswal issued a ‘Buy’ rating with a ₹200 target price, citing strong online growth and AI-led monetization. The company reported Q1 FY27 revenue of ₹1,054 crore, a 24.4% year-on-year increase, while its net loss narrowed to ₹88.3 crore. With EBITDA turning positive at ₹52 crore, PhysicsWallah expects to achieve group-level PAT profitability by the third quarter of FY27.

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Piyush Goyal urges auto makers to increase localisation

Startups

Commerce and Industry Minister Piyush Goyal urged automakers to deepen localisation and expand exports to meet global standards. He warned "black sheep" companies failing to indigenise, noting that the government uses AI to monitor import-export data. Praising Maruti Suzuki's export leadership, Goyal emphasized the "four Ms of mobility"—molecules, modules, megawatts, and markets—while offering government support for infrastructure to drive India's automotive growth and export targets.

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RentoMojo Sets Price Band At ₹384-₹404 For ₹1,256 Cr IPO

Business

RentoMojo, a furniture and appliance rental startup, has announced an IPO with a price band of ₹384-₹404 per share. The issue is valued at ₹1,255.6 crore at the upper end, targeting a post-offer market capitalization of ₹4,206.3 crore. Opening September 9, the IPO includes a fresh issue and an offer for sale. FY26 financials show operating revenue of ₹387 crore and a profit of ₹104.3 crore.

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WhatsApp launches bill payments in India, enables in-app payment of household, utility bills

Startups

"WhatsApp has launched a bill payments feature in India, integrated with the Bharat Connect network. Users can now manage and pay utility bills across 30 categories, including electricity and water, from over 22,000 billers directly within the app. Rolling out on Android and iOS, the feature allows for multiple account management and one-tap access, aiming to simplify routine household payments as easily as sending a message.".

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Finance Ministry notifies norms allowing ecommerce firms to maintain inventory only for exports

Startups

The Indian Finance Ministry has updated Foreign Direct Investment norms, allowing e-commerce firms to use inventory-based models exclusively for exporting goods produced in India. While this move aims to help domestic manufacturers scale globally, restrictions on inventory-based models for domestic B2C sales remain to protect small retailers. Companies must strictly adhere to Foreign Trade Policy and FEMA regulations to avoid penalties for non-compliance.

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ESDS Software Makes Stellar Debut, Lists At 76% Premium On NSE

Business

ESDS Software Solution made a strong stock market debut, listing at premiums of 74% on the BSE and 76.5% on the NSE over its ₹429 IPO price. The IPO was oversubscribed 135.88 times, raising ₹720 crore. The company plans to allocate ₹576 crore toward cloud computing equipment and data center infrastructure. ESDS reported a consolidated net profit of ₹120.8 crore in FY26, reflecting significant growth in revenue and profitability.

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Ultrahuman bags $70M from Qualcomm Ventures, Alpha Wave, and others

Startups

Bengaluru-based health intelligence company Ultrahuman has raised $70 million from investors including Qualcomm Ventures and Labcorp. The funding will support research and development in AI, sensing technologies, and clinical science as the company evolves into a human-computer interface firm. Ultrahuman aims to leverage its flagship Ring and other sensors to provide continuous, personalized health insights, transforming body-based computing into a major platform for physiological monitoring.

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8 Taylor Jenkins Reid quotes to help men understand women

Startups

, she explores themes of ambition, identity, and vulnerability. Her writing emphasizes the importance of self-awareness and authenticity, rejecting perfection in favor of human contradiction. Ultimately, Reid's work resonates by depicting the diverse, nuanced experiences of women.

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