Author: Startup Crunch Team
OpenAI CEO Sam Altman said on September 15 that people are justified in fearing the risks posed by artificial intelligence, even as he asked the public to trust AI companies to manage those risks responsibly. Speaking in a fireside chat with Salesforce CEO Marc Benioff at the company’s Dreamforce conference in San Francisco, Altman said the growing capability of AI systems — combined with fears that a handful of companies could gain outsized power — gives people real reason for concern. He argued that OpenAI and its peers understand the stakes well enough to act responsibly as the technology advances.…
India has drawn close to Rs 1 lakh crore in investment commitments under Semicon 2.0, the government’s second-phase semiconductor policy, Union Minister for Electronics and Information Technology Ashwini Vaishnaw said on September 17 at SEMICON India 2026 in New Delhi. Vaishnaw said the commitments, worth roughly $11-12 billion, have come from companies working across capital equipment, materials, specialty gases and advanced packaging since Semicon 2.0’s approval. The figure is based on the minister’s own discussions with these companies, some of which have not yet made their investment plans public. The announcement matters because it puts a number on how quickly…
Digital lending platform Fibe has cleared a major regulatory hurdle on its road to a stock market listing. Social Worth Technologies Ltd, the company that runs Fibe, received final observations from the Securities and Exchange Board of India (SEBI) on September 15, 2026, clearing the way for its initial public offering. The proposed IPO includes a fresh issue of equity shares worth up to Rs 750 crore, along with an offer for sale (OFS) of roughly 4.01 crore shares by existing investors. Fibe may also raise up to Rs 150 crore through a pre-IPO placement, which, if it goes through,…