Author: Kanhaiya Suthar

Nvidia is closing in on a deal to buy Hugging Face, the New York-based open-source AI platform, according to several reports on Wednesday. The numbers getting tossed around are big—The Information says $12.9 billion, Business Insider says negotiations are still underway but the price is north of $13 billion. Nothing’s been officially signed yet. The timing is no accident. Nvidia just announced killer results for its fiscal Q2, beating Wall Street’s forecasts and projecting 70% revenue growth for the year. The company clearly wants to cement its lead in everything AI, and snapping up Hugging Face is another bold move…

China just rolled out some big plans for its next-generation fusion energy project, HL-4, at the 2026 Nuclear Fusion Energy Conference in Shanghai. Alongside that, they laid out a roadmap to build a 25-tesla high-temperature superconducting magnet by 2030—which, if you’re counting, is pushing the boundaries of what’s been done with fusion tech. So, what’s HL-4 all about? It’s supposed to be the world’s first steady-state burning-fusion experimental platform using these super-strong 25-tesla magnets. Basically, they want to see if these magnets can hold up under the wild combo of heat, radiation, and mechanical stress that goes on inside a…

Larsen & Toubro (L&T) just landed an ultra-mega contract worth over ₹15,000 crore for building gas compression facilities in the Middle East. This win pushes L&T even deeper into the region’s hydrocarbon infrastructure market. The deal goes to L&T Energy Hydrocarbon Onshore. They haven’t named the client or published the exact contract value yet, but an “ultra-mega” order—a term L&T uses—means anything above ₹15,000 crore. So, what’s L&T actually building? They’ll handle everything: engineering, procurement, and construction of new onshore plants designed to process sour gas. That’s gas tainted with hydrogen sulphide, so the work demands extra-tough equipment, strict safety…

Chennai saw a big shift on Monday when Tamil Nadu Chief Minister C Joseph Vijay scrapped the proposed Parandur Greenfield Airport. He kept his campaign promise to local villagers, who had pushed back hard against the project out of fear they’d lose their farmland and homes. Vijay addressed the state Assembly and got straight to the point: the government is walking away from Parandur entirely. “To fulfill the promise I made to the people,” he said, “this government will drop all plans for a new airport in Parandur.” His main reasons? Protecting farmland and preventing families from being uprooted. While…

India’s energy import bill is taking a hit again, as the Iran conflict throws global LNG supplies into chaos and pushes Indian companies to pay the steepest prices in years. State-owned GAIL India and Gujarat State Petroleum Corporation (GSPC) just spent over $23 per MMBtu for LNG set to arrive in September. That’s a hefty price tag, and it says a lot about the scramble everyone’s going through. This rush isn’t happening in a vacuum. The Strait of Hormuz—pretty much the artery for much of the world’s oil and gas traffic—has turned into a chokepoint, choking off LNG cargoes, especially…

OpenAI’s AI coding assistant Codex has crossed 20 million active users, the company confirmed this week, marking one of the fastest growth spurts for an AI product in 2026. To mark the milestone, OpenAI engineering lead Thibault Sottiaux announced that every paid Codex and ChatGPT Work subscriber would receive a “banked reset” credit they can use at their own pace. The announcement comes amid persistent complaints from users who say their weekly usage limits are draining far faster than expected, even as the company experiments with paid top-ups and adjusts pricing for API-based access. From 3 Million to 20 Million…

OpenAI will expand its ChatGPT advertising programme to 31 European markets from August 24, extending an initiative that began as a pilot in the United States six months ago. The rollout will cover all 27 European Union member states, along with Iceland, Liechtenstein, Norway and Switzerland. The expansion represents OpenAI’s largest addition to the ChatGPT Ads programme so far. Key markets joining the initiative include Germany, France, Spain, Italy, Sweden, Norway, Denmark, the Netherlands and Austria. Ads Limited to Free and Go Users Advertisements will initially be displayed only to users on ChatGPT’s Free and Go plans. Subscribers to Plus,…

New Delhi just saw a major shakeup in India’s space game: ISRO is stepping out of the rocket-building business. From now on, private companies will take over manufacturing all launch vehicles. This officially ends ISRO’s monopoly and hands the reins to industry. IN-SPACe’s chairman, Dr. Pawan Goenka, laid it out during the India @100 Economy Summit. He said ISRO won’t build any more rockets—at all. That whole job goes to private firms or possibly public sector units, but for the bigger, flagship vehicles, even those are off the table for PSUs. The handover has already started. ISRO’s Small Satellite Launch…

Bar Council of India (BCI) Co-Chairman and senior advocate Y.R. Sadasiva Reddy has demanded the immediate resignation of BCI Chairman Manan Kumar Mishra, citing serious allegations of financial impropriety, nepotism, and misuse of regulatory powers. In a six-page letter dated August 22, 2026, addressed directly to Mishra, Reddy accused the Chairman of diverting ₹150 crore of Bar Council funds to a private trust under his control and appointing family members to key positions without transparent processes. Key Allegations Against Mishra Reddy outlined several grounds for his resignation demand, including: Diversion of Funds: Allegedly transferring ₹150 crore from the BCI’s corpus…

Donald Trump’s been turning up the heat on Iran lately, and he’s not holding back. At a rally in Myrtle Beach, he called the Strait of Hormuz “American territory”—which is a bold statement—especially with tensions running high between the US and Tehran. He told the crowd, “They want to make a deal so badly, we don’t even know if we want [a deal] because I view the Strait of Hormuz as American territory right now.” Trump insisted Iran mustn’t get its hands on a nuclear weapon. “We cannot let them have a nuclear weapon, or you will see some very…