Credit management startup Oolka has secured a Rs 130 crore Series A round led by Accel India, with follow-on investment from Lightspeed and Z47. In a regulatory filing, the company approved equity and CCPS allotments at extremely high per-share premiums. The raise comes after a $7 million round earlier this year, with Oolka citing rapid user adoption, over Rs 100 crore processed in repayments, and nearly $1 million in annual recurring revenue.
Meta has signed a landmark AWS agreement to deploy tens of millions of Graviton5 CPU cores, positioning it among the biggest users of the chip worldwide. The expansion targets agentic AI workloads like real time reasoning, code generation, and multi step orchestration—supported by Graviton5’s 3nm design and efficiency gains, starting with a rollout already at massive scale.
Your news, in seconds
Get the Beige app — every story in 60 words, updated hourly. Free on iOS & Android.
Meta has secured a major deal for Amazon’s homegrown CPUs to power AI agentic workloads, rather than relying on GPUs. The move suggests companies are shifting the chip battlefield beyond accelerators toward general-purpose processing engineered for AI tasks. As demand for agentic systems grows, this CPU-driven sprint could redraw how the next generation of AI infrastructure is built.
OpenAI has unveiled GPT-5.5, positioning it as a major shift toward “agentic” work that can navigate software and complete multi-step tasks with less prompting. On Terminal-Bench 2.0, it narrowly edges Anthropic’s restricted Claude Mythos Preview. But the upgrade comes with sharply higher API prices and delayed developer access, while rollout is limited to ChatGPT subscribers.
OpenAI has launched GPT 5.5, positioning it less as a chatbot and more as an autonomous “agent” that can carry out complex tasks. The model aims to boost efficiency, better handle multi step work, and introduce tougher safety guardrails—especially for coding, research, and enterprise use cases—marking a notable shift in how AI is deployed.
Even as the jobs market looks sluggish, India’s biggest firms are doubling down on AI hiring and internal capability building. Accenture and NTT Data are among those seeking talent versed in agentic AI, foundation models, and responsible AI frameworks. The push is driven by expectations that India’s generative AI market could reach $6.4 billion by 2030.
Never miss a story
Set alerts for the topics and sources you care about. Download Beige for free.
Razorpay has partnered with superU AI to launch a real-time agentic payment system where AI handles sales and transactions with zero human intervention. Users can complete purchases through natural conversation, removing the need for separate apps or manual checkout steps and potentially speeding up how customers buy and pay.
Swipe through stories, personalise your feed, and save articles for later — all on the app.