Mini Tiwari
Bengaluru-based Arctus Aerospace, founded by 23-year-old Shreepoorna S Rao, aims to build India’s first 3D-printed unmanned aircraft which can fly at 45,000 feet, the Print reported. It has conducted a technology demonstration of its experimental aircraft, Arctus AX-1, which is an eight-metre-wing-span unmanned aerial vehicle designed to remain airborne at about 20,000 feet for up to 10 hours.
Apr 28th, 2026

Mini Tiwari
OpenAI CEO Sam Altman listed five principles that will determine the ChatGPT-maker's future business decisions. The principles are democratisation, to prevent consolidation of AI in few hands; empowerment, ensuring that users can reliably use its AI products; universal prosperity, to put easy-to-use AI systems in the hands of everyone; resilience, to address new risks posed by AI and adaptability.
Apr 28th, 2026

Mini Tiwari
OpenAI missed its own targets of new users and revenue in recent months, sparking concerns about whether it can support its extensive data-centre spending, WSJ reported. CFO Sarah Friar reportedly expressed concerns that the ChatGPT creator might not be able to pay for future computing contracts if revenue doesn't grow fast enough. This comes as OpenAI plans for an IPO.
Apr 28th, 2026

Mini Tiwari
Blinkit Founder, Albinder Dhindsa, on Tuesday said that growth in business may slow down as it scales, even as profitability improves. "Between FY23 and FY26, Blinkit's net order value (NOV) grew at 104% compound annual growth rate (CAGR). Growth rates are now naturally moderating," he said. This comes even as Blinkit reported its second straight quarter of positive adjusted EBITDA.
Apr 28th, 2026

Mini Tiwari
Mumbai-based ideaForge Technology is partnering with Japan's Digital Media Professionals (DMP) to develop next-generation Di1-powered AI drones. The drone maker will provide Di1 integration to enable new features, while DMP will be the Go-To-Market (GTM) partner for ideaForge's drone solutions portfolio. The collaboration will help the company gain access to the Japanese market.
Apr 28th, 2026

Anushka Singh
Meta is preparing to undo its acquisition of AI startup Manus after China banned the $2 billion transaction over national security, WSJ reported. The startup's investors have reportedly received their returns, and several Asian investors plan to cooperate with Meta. China has given both firms a deadline of several weeks to restore Manus' domestic assets to their original state.
Apr 28th, 2026

Anushka Singh
Google has signed a deal with the US' defence department allowing it to use the firm's AI for "any lawful government purpose", The Information reported. This comes months after the Pentagon blacklisted AI startup Anthropic and labelled it a "supply chain risk" after it refused unrestricted access. The Pentagon has signed deals worth $200 million with AI labs.
Apr 28th, 2026

Anushka Singh
Elon Musk's lawsuit against OpenAI and its CEO Sam Altman will start trial on Tuesday, as jury selection was completed. Musk is seeking $150 billion in damages from OpenAI and one of its largest investors, Microsoft, proceeds from which will go to OpenAI's non-profit arm, Reuters reported. As part of the lawsuit, Musk also seeks Altman's ouster from OpenAI's board.
Apr 28th, 2026

Jessica Rajan
The two law firms representing Sam Altman’s sister in her sexual abuse lawsuit against the OpenAI chief executive have withdrawn from the case. In a court filing, the Mahoney Law Firm and the Simon Law Firm cited “a breakdown in the attorney-client relationship” that made continuing to represent Annie Altman in the case “impracticable.” The withdrawal requires court approval.
Apr 28th, 2026

Snabbit has raised $56 million in a Series D round, taking total funding to $112 million in two years. The quick-service home help platform reported fourfold growth in daily jobs and lower burn per job. It now handles over 800,000 monthly orders. The company plans to expand into home-cooked meals and strengthen safety systems
Apr 28th, 2026

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