Zoho founder Sridhar Vembu says political corruption and illicit capital flows are inflating India’s real-estate prices, widening the gap between land values and per-capita income while raising living costs and pressuring family formation in urban states.
Gartner warns enterprise spending on AI coding tools could exceed average developer salaries by 2028 as per‑token pricing drives volatile costs, prompting tighter governance and budget controls.
The Reserve Bank of India has issued draft rules to tighten oversight of AI and machine-learning models in banking, mandating board-level governance, human oversight, explainability standards, and independent validation of third-party systems under a formal model risk management framework.
UN chief António Guterres launches the AI Environmental Transparency Initiative, pressing AI companies to disclose data center emissions, water and land use and commit to 100% renewable energy by 2030 amid surging electricity demand and rising indirect emissions at Amazon, Microsoft, Alphabet and Meta.
Meta Platforms invests $900M in Indian fintech CRED, appointing founder Kunal Shah as global head of WhatsApp. This move deepens Meta’s India presence and expands its financial services.
News
Zoho founder Sridhar Vembu says political corruption and illicit capital flows are inflating India’s real-estate prices, widening the gap between land values and per-capita income while raising living costs and pressuring family formation in urban states.
Apple’s Xcode 26.6 update ships with native support for Google Gemini in the coding assistant and introduces Agent Client protocol support, laying groundwork for a more agent-driven workflow ahead of Xcode 27’s expanded coding-intelligence tools.
Incuspaze has raised Rs 150 crore in a Bharat Value Fund-led round to expand managed workspaces, fuel acquisitions, strengthen tech, and prepare for an FY29 IPO.
OpenAI launches a limited preview of GPT-5.6, led by Sol as its flagship model, with new reasoning modes, stronger performance on coding, biology and cybersecurity benchmarks, and a multilayer safety stack. Terra and Luna target lower-cost tiers as OpenAI coordinates a phased, safety-focused rollout and prepares Sol for high-throughput deployment on Cerebras.
AI Trends
OpenAI launches a limited preview of GPT-5.6, led by Sol as its flagship model, with new reasoning modes, stronger performance on coding, biology and cybersecurity benchmarks, and a multilayer safety stack. Terra and Luna target lower-cost tiers as OpenAI coordinates a phased, safety-focused rollout and prepares Sol for high-throughput deployment on Cerebras.
Spotlight
Oracle has cut over 21,000 jobs while planning $70 billion in AI and cloud infrastructure spending this fiscal year, positioning itself as a key provider for OpenAI and other AI customers amid a broader tech industry shift toward Artificial Intelligence and cloud computing.
Subscribe to Our Newsletter
Smart takes on startups, tech, and founders. No noise.
