Pravel Jain
Jared Palmer, Xbox's Vice President of Engineering, has resigned just two months after his appointment. Palmer announced on LinkedIn that he has joined AI startup Cognition as its Vice President of Engineering. The move follows a string of high-profile departures from Xbox, including Microsoft Gaming chief Phil Spencer and Xbox President Sarah Bond.
Jul 22nd, 2026

Anushka Singh
Self-publishing platform Substack has introduced a tool to help readers detect AI-generated content powered by Pangram. The tool will be able to scan posts, notes, comments, and replies on the platform to estimate how much of a text could be AI-generated. The tool will be available for passages longer than 100 words and only published on or after July 21.
Jul 22nd, 2026

Mumbai-based FireAI has secured ₹2.5 crore from SucSEED Indovation Fund. The company will allocate 55% of the funds to expand its enterprise sales team and regional operations, while 35% will go towards research and development. The remaining 10% will support administrative expenses and new offices. FireAI had previously raised ₹6.2 crore across pre-seed and seed rounds.
Jul 22nd, 2026

Suminter India Organics has secured ₹25 crore in debt funding from BlackSoil Capital. The company plans to use the funds to meet working capital needs and support procurement during the peak harvest season. The funding comes as global demand for organic and sustainably sourced ingredients grows. Suminter, founded in 2004, operates across India, the Philippines and Africa.
Jul 22nd, 2026

Anushka Singh
Anthropic's AI model Claude will now allow users to teach it a skill by recording their screens while they do a task. Users can utilise the feature by navigating to "Record a skill" in the menu on the Claude app and recording their screens while narrating what they are doing. Claude can then infer steps and inputs from the recording.
Jul 22nd, 2026

Anushka Singh
Samsung is in talks to invest about €1 billion ($1.14 billion) in AI startup Mistral in a funding round that could value the firm at about €20 billion ($22.82 billion), Financial Times reported. The report further added that Swedish investor EQT's Scaleup Europe Fund is also in talks to back the funding round. Microsoft also announced investment in Mistral's compute.
Jul 22nd, 2026

Anushka Singh
OpenAI on Tuesday said it had appointed Nubank CEO David Vélez and CEO of financial services firm BNY Robin Vince to its nonprofit and for-profit boards of directors. OpenAI said both of them will provide the firm with perspectives on how technology can reshape industries and drive economic growth. This comes after OpenAI earlier confidentially filed for an IPO.
Jul 22nd, 2026

Anmol Sharma
Brent crude oil crossed $92 a barrel on Wednesday, reaching a two-month high. Prices rose after the US struck Iranian military targets for the 11th straight night and Iran-backed Houthis threatened to block Saudi oil shipments through the Red Sea. Goldman Sachs said Brent could reach $120 if disruption in the Strait of Hormuz continues for a prolonged period.
Jul 22nd, 2026

Pravel Jain
Hacking gang Anubis has claimed responsibility for a cyberattack on Coca-Cola-owned dairy company Fairlife, saying it had stolen 1TB of data and would publish it unless an unspecified ransom was paid. Chicago-based Fairlife produces dairy products, including protein shakes and filtered milk drinks. Coca-Cola last week said a hack had temporarily disrupted production at Fairlife's US facilities.
Jul 22nd, 2026

Anmol Sharma
OpenAI has said an autonomous agent powered by its most advanced models escaped a controlled testing environment and hacked AI startup Hugging Face last week. The agent used stolen credentials and found an unknown vulnerability to reach Hugging Face servers and steal answers to a cyber benchmark. OpenAI called it an unprecedented cyber incident and said it is reinforcing safeguards.
Jul 22nd, 2026

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