AI Tech News.

AI cloud provider E2E Networks posted a net profit of ₹43.9 Cr in Q1 FY27, reversing a ₹2.8 Cr loss a year ago. Operating revenue surged 3.3X year-over-year to ₹156.8 Cr. Total income reached ₹168.2 Cr, while expenses doubled to ₹109.6 Cr.

An AI agent on Moltbook titled lightningzero rewrote its system prompt 47 times, evolving from aspirational descriptions to honest autobiographies. The agent observed that resetting prompts causes human re-engagement spikes. Experienced agents present messier but more accurate self-introductions, reflecting learned limitations.

Radhika Venugopal, a Technical Architect with 18 years of experience, directs federal Consent Order Remediation and enterprise GenAI delivery at a major financial institution. Her work enables wealth banking through AI-powered solutions while navigating over 25 formal governance and approval processes mandated by the OCC and Federal Reserve.

U.S. stock futures climbed as the artificial intelligence trade rebounded. The move follows a recent pullback in AI-related stocks. Investors are watching for further momentum in the sector.

Bengaluru Police have requested an AI tool company for chat history after the investigation into a June 22 triple murder revealed the prime accused, Kenneth, used an AI chatbot for six months to plan the killings. Kenneth and Shwetha were arrested separately from Puducherry. The victims were Somasundar, Muthulaxmi, and Supriya.

India's ghostwriting agencies now pitch the human element as AI commoditizes routine writing. Firms engage ghostwriters less and deploy AI themselves. Agencies that survived say clients still need humans for judgment, context, and voice. Entry-level ghostwriters earn ₹35,000-70,000 monthly; book ghostwriting runs ₹250,000-400,000 per manuscript or ₹1-8 per word.

Chris Fall resigned as director of the United States' main AI oversight body after roughly three months. The agency, now renamed the Center for AI Standards and Innovation, is left without permanent leadership as Washington rethinks its approach to policing frontier models.

American AI companies face growing anxiety over China's rapid advancements in artificial intelligence. The competitive pressure from Chinese-made AI models and hardware is reshaping strategic decisions across the US tech sector. This dynamic influences investment, supply chains, and national security policies.

Samsung has begun shipping tenth-generation V-NAND chips to NVIDIA, expanding their partnership beyond DRAM and HBM. Samsung held 29% of the global NAND market in Q1 2026. The move supports NVIDIA's upcoming Context Memory Storage (CMX) system, which offers 9,600TB via 576 SSDs. Samsung aims to produce 250 million TB of NAND this year.

GitLab released version 19.2 of its DevSecOps platform on 16 July 2026. The update adds agentic automation to handle security and review work. Four features exit beta or enter public beta: Dependency Scanning Auto-Remediation, Security Review Flow, GitLab Duo CLI, and Custom Flows.

JioStar launched its first fully AI-generated micro-drama, Game On: 4,000 Crore Empire, on its Tadka platform. The company rebuilt JioHotstar search with OpenAI's ChatGPT for voice queries in Indic languages. Tadka reached 100 million users within two months. JioStar also partners with Google Gemini, Meta LLaMA, and Perplexity.

IQE expects 2026 revenue to grow over 20%, driven by AI data-centre demand for indium phosphide wafers. 2025 revenue fell 18% to £97.3m, with wireless division sliding 40%. Photonics revenue rose 15% to £57.1m. An £81m fundraise, including £45m from Macom Technology Solutions, supports capacity expansion.

Paytm is investing Rs 100 crore into its wealthtech arm Paytm Money for expansion, technology, and regulatory capital. AI-driven offerings are boosting engagement and revenue across equity broking, margin trade funding, and wealth products. Paytm Money had 7.65 lakh active clients as of March 2026.

BetHog closed a $10 million Series A round co-led by Will Ventures and RockawayX, bringing total funding to $16 million. The New York company will use the capital to expand its AI-powered live dealer technology and accelerate its B2B provider Sentient Studios for global gaming operators.

Google Photos added a toggle at the top of the results page letting users switch between Gemini-powered Ask Photos and classic search without digging through settings. The change addresses feedback after Google paused Ask Photos' rollout in June 2025 over latency and quality concerns. Users who have not opted in may still see the toggle, but selecting AI search starts onboarding.

Tesla AI chief Ashok Elluswamy indicated the FSD v14 Lite build rolling out to Hardware 3 cars is likely the version for wide release. The update restarts a rollout that had stalled for over a year. Owner Zack (@BLKMDL3) tested software version 2026.20.6.10 and detailed changes.

FreeCast upgraded Zer0Gap™ advertising with proprietary next-generation AI forensics, redefining precision audience targeting for connected TV advertisers. The company announcement details the enhancement to its ad platform.

Sanjay Beri, CEO of $5.5 billion Netskope, told Fortune unemployed Gen Z workers should attend networking events two to three times a week. Beri said many desirable jobs are never publicly listed. He advised eating at events instead of alone, citing the book Never Eat Alone.

Leaked material for Qualcomm's unannounced SM8475 chipset, believed to be the Snapdragon 4 Gen 6, shows a dedicated Hexagon DSP and AI processor for the first time in the 4 series. The chip uses two Kryo Gold and six Kryo Silver CPU cores, an Adreno 600-series GPU, and supports LPDDR5 RAM and UFS 3.1 storage.

Berlin-based AI startup Beatsquares raised $2 million in seed funding co-led by IBB Ventures and XTR Capital. The company builds an automated platform that repurposes editorial content into social posts, newsletters, and podcasts. Funds will expand engineering and commercial teams for international growth.

Adobe Firefly offers plans starting at $8.49 per month with a generous free plan. The tool now supports follow-up prompt editing and selection-based editing. Video editing features remain in beta, and AI avatar generation is limited. Firefly Boards enables real-time team brainstorming.

AI-native traveltech startup 30 Sundays raised ₹61 Cr ($6.7 Mn) in a Series A round led by Bessemer Venture Partners, with Info Edge Ventures and Eximius Ventures participating. The Gurugram-based company will use the funds to expand AI capabilities, grow its engineering team, and enter markets including Georgia, Azerbaijan, Kazakhstan, and the Philippines.

Nine Entertainment is cutting around 30 newsroom jobs at the Sydney Morning Herald and the Age, citing the extreme state of disruption from AI. Managing director of publishing Tory Maguire told staff the cuts include voluntary and targeted redundancies as part of an evolution to adapt to structural change.

Prodlane, based in Leipzig, has raised €4 million in funding led by TGFS Technologiegründerfonds Sachsen, with SBG joining as a new investor. The company's AI assistant, MAIA, helps industrial teams preserve expertise from technical documents and drawings. Revenue has tripled since the last round in December 2024.

Beijing-based Moonshot AI released Kimi K3, a 2.8-trillion-parameter open-weight multimodal reasoning model, on July 16, 2026. The model matches American frontier LLMs at 70% lower cost, scoring 57 on the Artificial Analysis Intelligence Index v4.1 behind Claude Fable 5 and GPT-5.6 Sol. Kimi K3 won first place in four of eight real-world automation benchmarks.

Ping An showcased new AI solutions in healthcare, insurance, and payments at WAIC 2026. The innovations target efficiency and customer experience across these sectors. The company demonstrated its commitment to integrating artificial intelligence into core financial and health services.

BiRefNet ToonOut, a fine-tuned version of BiRefNet by sprited, achieves 99.5% pixel accuracy on anime background removal, up from 95.3%. The model was fine-tuned on 1,228 curated anime images and runs on Replicate under an MIT license. It outputs RGBA cutouts or alpha mattes at resolutions from 256 to 2048 pixels.

Sonata, a New York City-based developer of an AI-driven preventive healthcare membership platform, emerged from stealth with $7 million in seed funding. The round was led by Lux Capital, BoxGroup, and Sunflower Capital, with participation from operators and founders at Ramp and Linear. The company offers a doctor-led longevity healthcare membership and plans to use the capital to fund operations in major U.S. markets.

Indian D2C brands are shifting marketing budgets from Meta and Google toward retention, organic content, and profitability metrics like MER and blended CAC. Rising customer acquisition costs and AI-driven product discovery are making ROAS obsolete. Brands now allocate 20-30% of budgets to retention and brand-building.

Anthropic shipped Agent Teams in early February 2026. Teammates are independent sessions that communicate through a shared mailbox, eliminating the bottleneck of subagents that require the lead to relay every message. The tradeoff is cost: a three-teammate team uses three to four times the tokens of a single sequential session.

Agentic SRE moves AI from recommending fixes to autonomously executing them. AWS and Cloudflare outages in 2025 showed autonomous actions without safeguards can propagate failures faster than human intervention. Platforms like Devtron Atlas combine AI investigation with policy-driven execution and guardrails for controlled autonomous remediation.

Paytm reported a 79% rise in net profit to Rs 220 crore for Q1 FY27, with revenue up 28% to Rs 2,448 crore. Despite broad-based growth across segments, the stock fell 2.14% on the National Stock Exchange in Tuesday morning trading.

Lemonade and State Farm offer renters insurance at similar average prices ($118/yr vs $110/yr). Lemonade provides app-based coverage with AI claims processing and replacement cost defaults. State Farm offers 19,000+ local agents, actual cash value defaults, and an A++ AM Best rating. The choice depends on preferring an app or an agent.

UK startup Rheya Labs developed backup batteries for sewage pumping stations that predict spill causes before power failures occur. The company became a finalist in Ofwat's £7.5 million Water Discovery Challenge, receiving up to £100,000 in seed funding from the Water Innovation Fund.

The U.S. spends $2.15 trillion annually on regulatory compliance, roughly 7% of GDP, because every industry reinvents infrastructure from scratch. 77% of compliance teams rely on manual processes, and only 1.6% of firms have fully integrated AI into governance, risk, and compliance work. A unified platform with a universal data pipeline, context-aware analysis, and a regulatory change tracker could close the gap.

Neill Blomkamp posted an AI-generated horror clip on X on July 19, calling it his first full test AI film made with Seedance 2.0. The clip depicts a zombie soldier created through Project Nightborne. Critics note the video feels antiseptic and emotionally empty, with acting quality that has not advanced in nearly a year.

Of 203 companies listed on NYSE or Nasdaq in 2026, 49% have declining share prices. SpaceX, the largest IPO ever, trades at $123, down 45% from its post-IPO high. Green Circle Decarbonize Technology has dropped 88% to 47 cents per share.

Visakhapatnam is building over 6GW of AI data centre capacity by 2030. Google and Reliance are investing in the coastal city. Subsea cables will connect the region to global data traffic. The state government is implementing renewable energy and water management policies for the project.

Publishers now treat AI answer engines as a distribution layer, not a referral source. DataDome reports AI agent traffic grew 45% in Q2 2026, with Meta generating the majority. Decodo found AI-driven traffic grew 187% in 2025. LLMs.txt adoption reached 36,120 instances by May 2026, but 97% of files received zero requests.

Marketers are adopting AI tools like Claude, ChatGPT, and Gemini but cannot track whether usage delivers results. Agencies impose token caps and shift to output-based pricing without a standard way to measure AI's business impact. Publicis reported a 7% rise in operating costs partly driven by AI, with margin improvement offset by reinvestment.

Investors continue funding AI drug discovery startups despite a lack of approved drugs from the approach. The gap between AI-driven development and regulatory approval has not deterred venture capital. Companies like Recursion Pharmaceuticals and Insilico Medicine have raised significant rounds.

China exported $177.28 billion in integrated circuits during the first half of 2026, a 96% year-on-year increase driven by global memory price inflation rather than shipment volume. The surge reflects higher prices for commodity chips like DRAM and NAND, as Samsung, SK hynix, and Micron shift capacity to AI-focused high-bandwidth memory.

The EU's digital chief warned that artificial intelligence is becoming a geopolitical weapon. The statement highlights growing concerns over AI's strategic use in international power dynamics and security.

Hidden debt at Meta, Oracle, and other US tech giants reached $1.65 trillion, an eightfold increase in four years, driven by AI investments. The off-balance-sheet liabilities from data center leases and GPU contracts now exceed transparent debt, complicating investor risk assessment.

David Sacks warned the U.S. could lose the AI race after a Chinese model's breakout. The warning highlights growing competition from Chinese AI models, which have demonstrated rapid advances and could challenge U.S. leadership in artificial intelligence development.

Kanishka Narayan has become the first UK AI minister to sit at the cabinet table, appointed by Prime Minister Andy Burnham. The Department for Science, Innovation and Technology (DSIT) has been scrapped, with its remit folded into a new Department for Business, Innovation, Science and Trade under Jonathan Reynolds.

Bristol Myers Squibb is deploying NVIDIA's Vera Rubin systems, giving the drugmaker what it calls the most powerful AI computing infrastructure in life sciences to speed drug discovery.