Ishaan Mukherjee
Genesis AI, a French startup backed by ex-Google CEO Eric Schmidt, unveiled its GENE-26.5 model, designed to make robots more adaptable and provide human-like dexterity. A video shows the robot's hands moving like those of humans while playing piano, cracking eggs with one hand and harnessing wires. The company said the model can also power robots made by other companies.
May 6th, 2026

Ishaan Mukherjee
Paytm-parent One 97 Communications reported its first annual net profit of ₹552 crore, compared to a ₹663-crore loss in the previous fiscal, with revenue rising 22% YoY to ₹8,437 crore, as per a filing. Revenue for quarter ended March rose 18% YoY to ₹2,264 crore. The firm reported a net profit of ₹183 crore in the fourth quarter of FY26.
May 6th, 2026

Mansi Agarwal
Anthropic has announced an agreement with Elon Musk's SpaceX to use all of the compute capacity at its Colossus 1 data centre, touted as the world's largest AI supercomputer. The deal will give the Claude maker access to more than 300 megawatts of new capacity. Anthropic also expressed interest in partnering to develop multiple gigawatts of orbital AI compute capacity.
May 6th, 2026

Ishaan Mukherjee
Adobe and OpenAI announced an integration between Adobe GenStudio for Performance Marketing and ChatGPT to make creating marketing campaigns easier and faster. This would allow marketers to create brand-approved ad content and launch them in ChatGPT with a single click. Users can generate a ChatGPT ad by selecting the brand, product, and persona, choosing accepted creatives from Adobe's tools.
May 6th, 2026

Ishaan Mukherjee
US-based startup The General Intelligence Company has built an AI tool called Cofounder 2, capable of running an entire company with the help of AI agents. It is capable of deploying agents simultaneously across departments like engineering, sales, marketing, operations, and design. The firm's CEO, Andrew Pignanelli, said that it is the 'infrastructure for the one-person billion-dollar company'.
May 6th, 2026

Mansi Agarwal
Anthropic has released 10 ready-to-use AI agent templates for bankers, analysts and asset managers. These include agents like a pitch builder, meeting preparer, earnings reviewer, model builder and market researcher for client and research workflows. The launch also features agents for KYC screening, valuation checks, general ledger reconciliation, month-end closing and financial statement audits.
May 6th, 2026

Ishaan Mukherjee
Anoria, a startup by former Apple designer Michael Belhassen, built an AI-powered bracelet that reads emotional state in real time and helps train emotional quotient (EQ). It uses a neuroscience framework to correlate 150 audio and biometric signals to detect feelings and provide suggestions accordingly. The device generates a 'Flow Score' for users after analysing their energy, mood, and focus.
May 6th, 2026

Ishaan Mukherjee
SEBI issued an advisory warning regulated entities about security risks posed by AI tools for vulnerability detection, including Anthropic's Mythos. It formed a task force named cyber-suraksha.ai, with representatives from market entities, stock exchanges, and other stakeholders. The group will examine cyber threats, develop mitigation strategies and ensure timely reporting of vulnerabilities.
May 6th, 2026

Anushka Singh
OpenAI expects to spend $50 billion on computing power in 2026, its President and Co-founder Greg Brockman said while testifying during Elon Musk's lawsuit against the firm. He further said that OpenAI's computing costs have risen from $30 billion in 2017 to tens of billions of dollars this year. OpenAI plans to invest $600 billion in total compute by 2030.
May 6th, 2026

Jessica Rajan
Facebook Co-founder Eduardo Saverin’s venture capital firm B Capital is increasing its focus on India, planning to invest $50 million to $100 million annually, Mint reported. The fund will target sectors such as AI, robotics and deep tech. With over $10 billion in assets under management, the firm considers India its second-largest market after the US.
May 6th, 2026

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