Bengaluru's QpiAI has raised ₹50 crore through non-convertible debentures from InnoVen Capital, a rare venture-debt deal in India's quantum sector that tests how lenders price deep-tech risk.
Palo Alto-based Clockwork.io has raised $31 million in a round co-led by Azim Premji-backed Premji Invest to keep AI training jobs running through GPU and network failures.
The Nasdaq Composite rose 1.05% to a record close of 27,477.31 on 5 October as Nvidia, SpaceX and megacap tech rallied, with softer jobs data easing fears of a Fed hike despite 10-year yields near 5.3%.
IPO-bound Razorpay will help Indian brands such as Tanishq, Tata Neu and Traya plan, run and measure ChatGPT Ads through its Razorpay Engage platform, extending a partnership with OpenAI that began with agentic payments.
Kuku Technologies swung to a ₹182.7 crore profit in FY26 as subscription revenue from its audio and microdrama apps surged, but marketing absorbed more than three-quarters of its costs.
Indian startups raised $233.6 million across 16 deals between 28 September and 2 October, with electric two-wheeler maker Simple Energy accounting for about $180 million of the total.
At the Kautilya Economic Conclave, RBI Governor Sanjay Malhotra cited risks to monetary sovereignty and capital flows from crypto, while saying the central bank is already using its underlying technologies.
Director of National Intelligence Jay Clayton will keep his post while leading a new White House task force on AI, as the administration plays down safety fears and stresses US leadership.
Breaches at Shinhan, KB Kookmin, Hana and BNK Busan banks, with signs that AI automation tools were used, have exposed data on tens of thousands of customers and prompted President Lee Jae Myung to order an investigation.
Meta's Muse agent can search retailers, build a cart and complete payment after user approval. Walmart, Sephora and Best Buy are on board, Amazon has blocked it, and surveys show many shoppers remain wary.