After signing major deals with OpenAI, companies including AMD and Nvidia have witnessed noticeable jump in stocks. AMD's stock surged more than 23% after teaming up with OpenAI to supply AI chips. Further, Nvidia has benefitted from this surge in demand, becoming the first company to reach a $4.5 trillion market capitalisation in early October.

A study commissioned by Oxford University Press surveyed over 2,000 students aged 13-18, found 80% use AI for schoolwork. 25% respondents said AI "makes it too easy for me to find answers without doing work." However, some students said AI helped them gain new skills. "It helps me to solve difficult questions, understand maths better," said a 15-year-old student.

UK's AI startup Nscale has signed an expanded agreement with Microsoft to deploy around 2 lakh of the GB300 GPUs, the Nvidia AI chips, across its data centres in Europe and the US. The deal could reportedly bring in up to $14 billion in revenue for the startup. The deal will be executed in collaboration with Dell Technologies.

Bengaluru-based AI startup Consuma has raised $1.3 million in seed funding led by Equirus InnovateX Fund to boost its global expansion and product innovation. Founded by Abhilash Madabhushi, Consuma uses AI to analyse real-time digital data, giving brands like Godrej and Britannia faster, smarter insights at lower costs, modernising traditional consumer research for the digital age.

After Andhra Pradesh signed a landmark agreement with Google to set up a $15 billion, gigawatt-scale AI Data Centre in Visakhapatnam, CM Chandrababu Naidu said, "The 'G' in Vizag now stands for Google." This centre will be foundation for India's first AI City and largest AI and data hub outside the US. Additionally, Visakhapatnam will host Google's cable landing station.

Apple has reportedly urged India to change its income tax law so it's not taxed for the ownership of high-end iPhone machinery it provides to its contract manufacturers. India considers such ownership as a "business connection", making Apple's iPhone profits liable for taxes, Reuters reported. Apple fears the current rules could hamper its future expansion, the report added.

After Google decided to invest $15 billion in Andhra Pradesh to build a giant data centre and AI base, Karnataka Minister Priyank Kharge questioned the incentives Andhra offered, including the reported ₹22,000 crore subsidies. Andhra Pradesh IT Minister Nara Lokesh said, "If they're (Karnataka) inefficient, what can I do? Their own industrialists say infrastructure is bad, there are power cuts."

Karnataka-based AI startup LimeChat aims to make customer-service jobs almost obsolete in India, Reuters reported. LimeChat said its generative AI agents enable clients to slash by 80% the number of workers needed to handle 10,000 monthly queries. The report stated that AI-powered systems are subsuming jobs in technical support, customer care and data management, which were once done by graduates.

A Meta employee has opened up about his lack of motivation to work despite being only 24 and earning ₹3.2 crore. "I can't stand work...However, I'm tied to making money for my family," the anonymous post read. The person, with $700,000 net worth, added, "Feel like I'm fighting to save every dollar right now...and watch my net worth slowly climb."

India's digital payments jumped 35% in FY25, driven by women entrepreneurs and Gen Z professionals, according to the How Urban India Pays 2025 report by Kearney India and Amazon Pay. With more women managing finances and young users embracing credit and UPI, India's cashless revolution is expanding rapidly beyond metros into smaller towns and cities.