Ishaan Mukherjee
OpenAI CEO Sam Altman has invested nearly $180 million (over ₹1,740 crore) in Retro Biosciences, a startup aiming to slow ageing and fight diseases like Alzheimer's and cancer. The firm is trying to reset ageing cells into a younger biological state without fully converting them into stem cells. Retro is collaborating with OpenAI for an AI model called GPT-4b micro.
May 20th, 2026

Mansi Agarwal
Colossal Biosciences announced that it has successfully hatched 26 healthy chicks using a fully artificial egg system. The 3D-printed artificial egg is a bioengineered shell made with a silicone-based membrane designed to breathe like a real egg. The startup said this is a step towards reviving South Island giant moa, a 12-foot-tall bird that went extinct around 600 years ago.
May 20th, 2026

Ishaan Mukherjee
Former Twitter CEO Parag Agrawal's startup Parallel Web Systems has built Index, a platform which helps content creators get paid fairly when AI uses their work. It uses a game theory concept called Shapley value to determine how much each creator's work contributes to the AI product. Index has already partnered with publishers like The Atlantic, Fortune, and independent creators.
May 20th, 2026

Jessica Rajan
Mythik, a media tech firm founded by ex-Freecharge CEO Jason Kothari, has raised $5 million, extending its previous $15 million raise and pushing its valuation past $50 million. Dream11 Co-founder Harsh Jain and ISB Co-founder Rajat Gupta participated in this round. It focuses on using AI and virtual production technologies to bring Eastern mythology and folktales to a global audience.
May 20th, 2026

Jessica Rajan
Edtech firm UpGrad has been valued at $1.7 billion in its latest valuation report, The Economic Times reported. The company is awaiting Competition Commission of India's approval for a potential acquisition of Unacademy. UpGrad reported a net profit of ₹38 crore on revenue of ₹1,532 crore in the first 11 months of FY26.
May 20th, 2026

Jessica Rajan
GitHub confirmed on Wednesday that around 3,800 internal repositories were stolen in a security breach involving unauthorised access. The company said the incident originated from a compromised employee device, which was infected via a malicious VS Code extension. "We continue to analyse logs, validate secret rotation, and monitor for any follow-on activity," it said on X.
May 20th, 2026

Jessica Rajan
The government is exploring a "law-to-code" solution that converts legal provisions into automated software rules to strengthen compliance with privacy and data protection laws, The Economic Times reported. This comes amid concerns around advanced AI models like Anthropic's Mythos. Such models could expose enterprises to fast, real-time cyberattacks that are difficult for human systems to control.
May 20th, 2026

Jessica Rajan
Oxyzo Financial Services is acquiring a 100% stake in GoldenPi Technologies and its affiliate GoldenPi Securities, marking its entry into the retail fixed-income investment space. The deal will help Oxyzo expand its debt capital market offerings to retail and high-net-worth investors through fixed-income products. Oxyzo is backed by OfBusiness, which holds a 70% stake in the firm.
May 20th, 2026

Garima Garg
Nobel laureate and Google DeepMind CEO Demis Hassabis was an early "angel investor" in rival AI startup Anthropic, Financial Times reported. Anthropic CEO Dario Amodei was a senior research scientist at Google Brain and worked at OpenAI before co-founding Anthropic. The size of Hassabis's investment that took place before Anthropic emerged as a major player in generative AI remains undisclosed.
May 20th, 2026

Dharini Mudgal
Meta has begun its process of firing 8,000 employees, reports said. Reacting to the news, an X user said, "Meta is making billions in profit but still cutting 8,000 jobs for AI. Peak tech culture: fire humans to build machines that eventually replace them." The tech company reportedly sent the layoff emails at 4:00 am local time (1:30 am IST).
May 20th, 2026

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