Top Technology Headlines
Lenovo India reinforces channel strategy for services growth
The channel is entering a new phase of growth one defined not by transaction volume, but by the outcomes partners deliver. For years, success in the IT channel was measured by product volume. Today, customers are no longer simply buying devices or infrastructure; they are seeking solutions that deliver measurable business outcomes across the entire technology lifecycle.
SEBI forms task force to counter risks from AI tools like Mythos
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.
OpenAI may spend $50 billion on computing power in 2026: Brockman
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.
Meta building 'agentic' AI assistant for everyday tasks: Report
Meta is building a personalised assistant powered by its Muse Spark AI model to help users carry out everyday tasks, the Financial Times reported. The firm is internally training the AI agent codenamed 'Hatch' and aims to finish testing by June, The Information reported. Meta reportedly planned to develop a product similar to OpenAI-owned OpenClaw, which requires less human intervention.
Microsoft to retire Xbox Copilot AI assistant before it launches on console
Microsoft is planning to retire its AI-powered gaming assistant Copilot for Xbox. The firm will be winding down the AI assistant on mobile and stop its development on console, Xbox CEO Asha Sharma said in a post. The move is a part of wider changes, as Sharma said Xbox would be retiring features that don’t align with its future.
Facebook Co-founder's fund to invest $100 mn/yr in India: Report
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.
Reliance planning to enter LEO satcom sector to take on Starlink: Report
Mukesh Ambani’s Reliance Industries is planning to enter the satellite communications sector, with billions of dollars earmarked for launching low Earth orbit (LEO) satellites, The Economic Times reported. The move would pit it against global players like Starlink and Amazon Leo. It is expected to be housed under Jio Platforms. Six teams have been formed to work on the project.
OpenAI upgrades ChatGPT's default model with GPT-5.5 Instant
OpenAI has upgraded ChatGPT's default model and is starting to roll out GPT-5.5 Instant, replacing GPT-5.3 Instant. The upgrade gives users "smarter, clearer, and more personalised answers in a warmer, more natural tone" and is more concise than the previous version, OpenAI said. The firm released GPT-5.5 in April, which is restricted to paid users, while GPT-5.5 Instant is free.
Microsoft rolls out AI assistant Copilot Cowork on iOS and Android
Microsoft has rolled out its AI assistant Copilot Cowork on iOS and Android smartphones, expanding its reach beyond desktop. The move is aimed at competing with Google’s Gemini. The mobile version will allow users to initiate and track background tasks remotely using voice commands. "We’re introducing built-in skills to help with common workflows like creating documents," it said.
QuTwo raises $29 mn, valued at $380 mn within two months: Report
QuTwo, a Finnish AI startup founded by former AMD Silo AI CEO Peter Sarlin, has raised $29 million and is valued at $380 million, TechCrunch reported. Until recently, QuTwo was solely funded by Sarlin's family office. Launched in February, QuTwo already has $23 million in committed revenue and works with companies like Zalando. Its competitors include Classiq and Zapata Computing.