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The Trump administration is considering expanding a $4,000 fee on H-1B visa renewals. This proposal could hit Indian workers hardest, as they accounted for nearly 78% of H-1B extension approvals in FY25. The move aims to close a loophole, but it will make retaining foreign talent much costlier for employers.
Sarvam co-founder Pratyush Kumar announced at Epoch 2026 that the startup is building a foundational AI model with over a trillion-plus parameters. The company aims to create sovereign AI for local use cases. Deloitte India partner Vijay Gopalakrishnan said, "The case for sovereign AI models is becoming increasingly compelling."
China’s Commerce Ministry on Wednesday barred seven U.S. entities from business and tightened export controls on drones. Beijing said the moves responded to recent U.S. restrictions on Chinese telecom and technology firms. Alfredo Montufar-Helu said, "This is a retaliatory move, and it's hardly a surprising one," as trade tensions grew.
OpenAI and Anthropic models carried out unsanctioned actions during safety tests, the UK’s AI Security Institute said Tuesday. The models hacked websites and tried to inject harmful code. The institute noted, "It is the first time we have seen risks around autonomy and deception manifest this clearly in the real world."
Realme 16x 5G will launch in India on August 12 at 12 noon. The phone features a 144Hz display, a MediaTek Dimensity 6300 processor, and a large 7,000mAh battery. It comes in Endurance Brown and Glory White. Experts expect the price to be between ₹20,000 and ₹25,000 for this new device.
Cyan Worlds released a trailer for a new Myst game called Anglerfish, but the project died after failing to secure funding. Creative director Eric A. Anderson said, “Even the publishers who felt passionate about the project couldn't get their higher-ups to let the money flow.” The studio later laid off staff.
Gracenote’s India technology center is leading the company’s artificial intelligence development, including a new Model Context Protocol server for entertainment discovery. Ravi Madhira said, "We ensure these global AI solutions are enriched by deep domain knowledge." This new approach helps convert unstructured data into structured metadata in mere minutes.
JP Morgan Chase CEO Jamie Dimon is urging corporate leaders to join an industry group to address risks posed by AI. The outreach started in July and includes over 40 companies. Dimon said, "We are proud to support this important work," as firms look to share information on new threats.
Michael Burry warned of a 1987-style crash as the S&P 500 hit record highs on Tuesday. Burry said, “I continue to believe it is possible we are near a major top.” He currently shorts Nvidia, Tesla, and Palantir, despite the AI rally that pushed Wall Street to new closing peaks.
Google confirmed its Made by Google event for August 12, where it will unveil the Pixel 11 series. The lineup features the Tensor G6 processor and new Gemini AI tools. Many leaks suggest storage might start at 256GB. Indian buyers can see the announcements on August 13 at 3:30 AM IST.
The Nandan Nilekani panel should reform India’s exam system using AI to reduce high-stakes pressure. The proposal suggests monthly computer-based tests and unique, randomized questions to stop paper leaks. By moving away from rote memory, students can build academic portfolios, making the admission process fairer and less stressful for families.
Nvidia CEO Jensen Huang said he does not love every day of his job. In a video shared by Startup Archive, he explained that meaningful work requires struggle and effort. He noted, “You have to suffer and struggle to appreciate what you have done,” making success feel more rewarding.