Vinayak Nair
Reddit is observing a significant increase in the use of its long-criticised search function, with weekly usage rising 30% YoY to around 80 million users, CEO Steve Huffman said. Investments in improved search and AI features are reportedly driving discovery, retention and engagement. Reddit is positioning search as a core experience and aiding users in finding queries within its ecosystem.
May 3rd, 2026

Vinayak Nair
Mission Drishti's OptoSAR satellite combines optical and synthetic aperture radar (SAR) sensors to deliver high-resolution Earth images in all weather and lighting conditions. It uses AI-backed onboard processing for quick insights and offers aligned, analysis-ready data. Built by Indian startup GalaxEye, it was launched into orbit on Sunday and offers multi-spectral imaging and better coverage.
May 3rd, 2026

Vinayak Nair
AI customer service startup Netomi raised $110 million in a Series C round led by Accenture Ventures, signalling strong enterprise interest in AI customer service. The firm uses advanced models to handle complex queries for companies, CEO Puneet Mehta said. The funds will reportedly boost deployments and research as it develops proactive AI agents to resolve issues before they arise.
May 3rd, 2026

Vinayak Nair
OpenAI CEO Sam Altman said he worries launching ChatGPT may already have caused "harm", admitting AI systems remain complex and unpredictable. Speaking at an Economic Times event, he said even though ChatGPT is helping people connect and learn worldwide, its impact needs checking. Altman stressed the need for safer and simpler AI amid growing concerns over misuse and ethical risks.
May 3rd, 2026

Vinayak Nair
Defence Minister Rajnath Singh said, "India's space sector has achieved a new milestone," after the world's first OptoSAR satellite, Mission Drishti, built by Indian startup GalaxEye, was successfully launched on Sunday. "This will strengthen our capabilities in advanced Earth observation and strategic applications," Singh further said. The satellite was launched into orbit from US' California.
May 3rd, 2026

Garima Garg
Kerala entrepreneur Shamil Muhammed shut down his 360-degree marketing agency within six months in 2024 despite hitting a projected monthly revenue of ₹3 lakh. He moved back to Kozhikode and took a ₹25,000/month sales job. Muhammed grew in the same organisation and became its primary stakeholder, where he now helps B2B founders and VCs build their personal brands on LinkedIn.
May 3rd, 2026

Medhaa Gupta
Indian startup GalaxEye's Mission Drishti, the world's first OptoSAR satellite launched into orbit on Sunday, could prove to be a "headache" for Pakistan and China, NDTV reported. The satellite uses a multispectral camera, a synthetic aperture radar (SAR) imager and AI. It can, therefore, provide clear, day-and-night images of the Earth even in adverse weather conditions.
May 3rd, 2026

Anushka Singh
OpenAI has updated its privacy policy to enable cookies on ChatGPT's free version and will share "limited" user information with third parties, the AI firm said in an email to users. Users' chats will remain private and will not be shared with marketing partners, OpenAI further added. This comes after OpenAI began rolling out ads in ChatGPT's outputs in February.
May 3rd, 2026

Anushka Singh
Amsterdam-based AI infrastructure firm Nebius said it has agreed to acquire startup Eigen AI for about $643 million (over ₹6,000 crore). The deal, which is expected to close in a few weeks, will be paid in cash and Nebius' Class A shares, it said. The deal will boost Nebius' Token Factory platform which helps firms deploy open-source AI models.
May 3rd, 2026

Sunny Sharma
US-headquartered Siguler Guff has invested $40 million (₹379 crore) in Trimex Foods, the Indian franchise partner for restaurant brands including Chili's Grill & Bar. The investment by the private-equity firm is aimed at supporting Trimex's expansion across India and adding new global brands. New Delhi-based Trimex currently operates over 50 restaurants and bakery cafes across 13 cities in India.
May 3rd, 2026

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