Funding
Skydo Raises $10 Mn Series A to Build Global Payments Backbone for Indian Exporters
The funding will help Skydo scale its product suite and global footprint as India targets $2 trillion in exports by FY30.
Pritam Bordoloi
Pritam Bordoloi is a senior technology journalist and founder of The Left Shift, covering AI, enterprise technology, startups, digital transformation, and the business of technology.
Acquisition
Intel Moves Closer to Buying SambaNova, Signaling a High-Stakes Push to Catch Up in the AI Chip Race
Financial terms of the potential deal were not disclosed.
Partnerships
CAMB.AI Partners Kompact AI to Bring Multilingual Voice AI to CPU-Based Enterprise Systems
The collaboration combines CAMB.AI’s multilingual voice synthesis capabilities with Kompact AI’s CPU-first runtime that enables large language models to run efficiently on standard processors without relying on costly GPU infrastructure.
Acquisition
Virtusa Acquires SmartSoC to Capitalize on AI-Driven Semiconductor Boom
The deal adds silicon-level capabilities to Virtusa’s portfolio, extending its end-to-end services from chip design through networks, cloud infrastructure and application development.
Gadgets
Google Unveils New Details on Android XR-Powered Smart Glasses Ahead of 2026 Launch
The plan was first announced at the Google I/O developer conference in May, alongside partnerships with eyewear brands Warby Parker and Gentle Monster.
Partnerships
Nagarro Becomes OpenAI Services Partner to Accelerate Enterprise-Scale AI Adoption
Under this new partnership, Nagarro will leverage OpenAI technologies including the OpenAI API and ChatGPT Enterprise.
Expansion
Figma to Introduce India Data Residency as It Deepens Enterprise Presence
The company is deepening engagement with leading Indian enterprises, including Airtel, CARS24, Flipkart, Groww, Juspay, Myntra, Swiggy, TCS and Zomato.
Cybersecurity
Security Firm Discover Bug that Turns AI Coding Agents Into Secret-Leaking Insider Threats
At least 5 Fortune 500 companies are impacted.
Acquisition
IBM to Acquire Confluent in $11 Billion Deal to Build “Smart Data Platform” for AI
The transaction is subject to shareholder and regulatory approval and is expected to close by mid-2026.
Acquisition
Meta Acquires AI Wearable Startup Limitless to Expand Its Smart Glasses and Wearables Ambitions
Limitless developed a small, lightweight wearable resembling a miniature pair of headphones
Acquisition
OpenAI Acquires neptune.ai to Power Next-Gen Model Training
Founded in 2017, neptune.ai built its reputation as a robust metrics dashboard and experiment tracking platform — designed to help AI researchers monitor, analyze, and manage the often messy, iterative process of training large-scale machine learning models.
Partnerships
BLS International Partners with Sypha AI to Build AI-Powered Digital Public Infrastructure at Global Scale
Under the partnership, BLS International will deploy Sypha’s AI-driven development stack to streamline software engineering, modernise legacy platforms, and build intelligent, scalable solutions for global government service ecosystems.