Following this acquisition, OpenAI has decided to end its partnership with Cursor.

We’re ending our partnership with Cursor following its acquisition by SpaceX. Under our proposal, Cursor’s direct access to our models would end on November 12.

We know that the people most affected by this decision are the developers who rely on OpenAI models in Cursor. We care…

— OpenAI (@OpenAI) August 29, 2026

OpenAI has notified SpaceX that it intends to wind down its contract providing OpenAI models to Cursor, with a proposed shutoff date of 12^th November, 2026. The company has specified that it is making this decision because it cannot be confident that SpaceX will use OpenAI’s technology within its terms of service, based on OpenAI’s experience with Elon Musk’s companies violating contracts.

In the announcement blog, OpenAI revealed that after Musk acquired Twitter, now part of SpaceX, the company broke the terms of OpenAI’s contract, and under oath earlier this year, Musk admitted that xAI had violated OpenAI’s terms of service.

OpenAI ‘s custom agreement with Cursor gives them a limited time window to cancel it after a change of control. The company also wants to make sure that the upcoming model Astra is being used in accordance with its terms. Therefore, they have decided to hold the contract cancellation to the latest date they can while not providing future models to Cursor.

We’re sorry to see that OpenAI put out a note saying they plan to block Cursor users from accessing OpenAI models in three months.

OpenAI models serve about 5% of Cursor user traffic, and we’re speaking with the OpenAI team to resolve this.

Cursor was one of the very first…

— Michael Truell (@mntruell) August 29, 2026

Reacting to this news, Cursor’s co-founder and CEO, Michael Truell, posted on X that the company is sorry to hear OpenAI’s announcement. He also mentioned that OpenAI’s models serve about 5% of Cursor user traffic, and the company is speaking with the OpenAI team to resolve this.

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ChatGPT Ads expand across Europe

Starting next week, ChatGPT ads will expand to 31 European countries, including Germany, France, Spain, Italy, Sweden, Norway, Denmark, the Netherlands and Austria.

Advertisers will initially be able to access ChatGPT Ads through the OpenAI Ads Solutions team, agency partners, and technology partners. Self-service access through Ads Manager will follow later this summer.

As in OpenAI’s existing markets, ads will be shown only to users on the Free and Go plans. Plus, Pro and Enterprise subscriptions will remain ad-free.

Businesses interested in getting started can sign up at ads.openai.com.

About ChatGPT Ads

ChatGPT Ads allow marketers to reach people across the customer journey as they explore and evaluate their options, and to be useful in the moments that spur discovery, shape decisions, and lead to purchase.

Regarding privacy, OpenAI clarified that, guided by its ads principles, conversations are kept private from advertisers and customer data is not sold. Ads in ChatGPT are always clearly labelled and separated from ChatGPT’s answers, and advertising does not influence the answers ChatGPT provides.

Meanwhile, users also have control over ad personalisation, with ad-free paid plans available for those who prefer not to see ads.

OpenAI has built the ChatGPT ads platform from the ground up:

• The company expanded beyond CPM and CPC bidding to support conversion optimisation, helping advertisers optimise toward their business goals.
• Introduced geo-targeting and custom audiences to help advertisers reach more relevant customers.
• Expanded measurement beyond clicks through the OpenAI Pixel, Conversions API, and third-party measurement integrations, giving advertisers a more complete view of how ChatGPT Ads contribute to business outcomes.

It has been revealed that tens of thousands of marketers have now advertised on ChatGPT, and the company continues to improve the platform based on what it learns from people and businesses.

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Read more about these below.

BSNL Fibre Freedom Plan – Specs and Benefits

Starting with the new broadband offering, BSNL has introduced the Fibre Freedom Plan at a special launch price of INR 1,111 per month. Under the plan, users get internet speeds of up to 200Mbps along with 5,000GB of monthly data.

Another major highlight of this plan is the bundled entertainment offering, as users will get access to more than 25 premium OTT platforms with a single connection. Some of the platforms shown by BSNL include JioHotstar, Sony LIV, ZEE5, Lionsgate Play, ShemarooMe, Hungama, EPIC ON, Chaupal, hoichoi, WAVES Premium, ManoramaMAX, FanCode, NammaFlix and Dollywood Play, among others.

Apart from this, the plan also offers 24×7 unlimited calling to any number across India, while a dual-band Wi-Fi ONT is included with the connection.

Speaking of the offer, this plan otherwise costs INR 1,199 per month, but BSNL is currently offering an INR 88 discount every month for six months, bringing its monthly price down to INR 1,111 during the offer period.

BSNL Launches New Selfcare App

Apart from the new broadband offer, BSNL has also revamped its Selfcare mobile app as part of its digital transformation efforts. Called BSNL Selfcare New, the app has been introduced on both Android and iOS platforms and is aimed at providing users with a smoother and easier way to manage their BSNL services.

Users can make prepaid recharges, pay postpaid, landline and FTTH bills, register and track complaints, manage DND preferences, check payment history and even place Fibre booking requests directly through the app.

Furthermore, BSNL has also added AI chatbot support, voice search, multiple-account management and access to BSNL Entertainment TV within the new Selfcare app.

The app is available through both the Google Play Store and Apple App Store.

BSNL Partners With Polycab for Make in India Telecom Manufacturing

Lastly, BSNL has announced a new partnership with Polycab aimed at advancing indigenous telecom manufacturing under the Make in India and Atmanirbhar Bharat initiatives.

At the centre of this collaboration is Polycab’s Electronic Manufacturing Services or EMS facility, which will be used for assembling and manufacturing telecom and networking equipment in India. Products mentioned as part of the partnership include cameras, ONTs, routers and other networking equipment.

Another interesting thing about this partnership is the use of a Hardware-as-a-Service (HaaS) model. Through this, BSNL aims to assist in deploying scalable, cost-effective and future-ready infrastructure without requiring heavy upfront investment.

The partnership is also aimed at strengthening domestic manufacturing, improving supply-chain self-reliance and further developing India’s telecom ecosystem.

With the new Fibre Freedom broadband offer, revamped Selfcare app and Polycab partnership, BSNL has announced multiple consumer and infrastructure-focused initiatives as part of its Independence Day celebrations.

Stay tuned for more updates!

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Airtel Business enters into a partnership with ITI Limited

This collaboration will combine the complementary strengths and engineering excellence of ITI Limited and Airtel Business to help enterprises across the country modernize legacy systems, improve operational efficiency, strengthen security, and respond faster to changing business demands.

Through an integrated suite of future-ready and scalable digital solutions across enterprise connectivity, data center & sovereign cloud services, IoT, AI-powered solutions, LEO satellite services, cybersecurity and more, the partnership will enable businesses to overcome legacy complexity, strengthen digital resilience, and build for the future to unlock new growth opportunities.

Sharat Sinha, CEO – Airtel Business, said, “As India accelerates into its next phase of digital growth, building a foundation that is resilient, sovereign, and regulatorily compliant is imperative. As a trusted partner to enterprises across the country, at Airtel Business, we have consistently helped them simplify complexity, transform legacy environments, and enable digitization at scale. Today, we are delighted to partner with ITI Limited in a shared ambition to create future-ready technology solutions that strengthen business continuity, unlock innovation, and support India’s secure digital-first future.”

The collaboration will help businesses across industries to address key challenges of fragmented legacy environments, rising cybersecurity risks, growing data demands, and the need for greater operational agility.

The partnership will deliver nationwide digital and telecom infrastructure, combining high-speed enterprise connectivity with secure data center and sovereign cloud services. The platform will also integrate industrial IoT asset tracking, AI-powered analytics, and full-stack cybersecurity solutions. Meanwhile, the collaboration would also try to support the defence and security needs of the nation through innovation, Make in India and Atmanirbhar Bharat focus.

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Well, the speculation spread like wildfire and started raising concerns among the people. The Indian government has now finally put an end to all the speculation by issuing a clarification on the matter.

No Charges for UPI users

The government has stated that consumers making payments will not face any transaction charges. All person-to-person transactions will continue to be free of charge.

The amendment is said to be an enabling provision that is designed to ensure UPI’s long-term sustainability, technological advancement, and resilience against emerging risks. With exponential transaction volumes, the system requires significant and continuous upgrades in cybersecurity, fraud prevention and infrastructure. The amendment is said to be necessary for market expansion and self-sustainability.

Regarding the false narratives, it was stated that “The amendment should therefore be viewed in the context of the Government’s broader objective of ensuring that India’s digital payment infrastructure remains sustainable, competitive, innovative and capable of serving the country’s rapidly expanding digital economy.”

Further, it was mentioned that as and when Merchant Discount Rate (MDR) charges are introduced, they will apply only to a limited set of merchant transactions, above a certain threshold, at a nominal rate, far lower than debit or credit card MDRs. MDR, if introduced, will only be threshold-based and not blanketly levied on all.

It is revealed that once the Parliament passes the Taxation and Other Law (Amendment) Bill, 2026, which proposes to amend Section 10A of the Payment and Settlement Systems Act, 2007, the “UPI and Services Steering Committee” headed by NPCI will decide on MDR, if any.

The vast majority of the transactions will remain free of charge for merchants on UPI. The citizens are requested to rely only on official information from the Ministry of Finance, the Reserve Bank of India and NPCI, and not to forward unverified messages.

The post Indian Government clarifies UPI will remain free for citizens; Any future MDR will be nominal and will apply only to a limited set of merchant transactions appeared first on The Tech Outlook.

Till now, Xiaomi has been selling smartphones, tablets, Smart TVs and AIoT devices in the Indian market. Xiaomi India’s Associate Director of Marketing and PR announced the launch of Mijia by Xiaomi as the company’s dedicated home and lifestyle sub-brand in India.

Pleased to announce the introduction of the mijia by Xiaomi sub-brand in India.

It will be our lifestyle and home sub-brand that will sit alongside Xiaomi, REDMI and POCO.

In H1, we have focused on the Human side of our ecosystem, we're prepping to go deeper on the Home side. pic.twitter.com/JmgQvxwtlC

— Sandeep Sarma (@sandeep9sarma) August 7, 2026

This new sub-brand will be under the Xiaomi group that already includes Xiaomi, Redmi and POCO brands. Mijia translates to “Mi Home” and will represent Xiaomi’s smart home ecosystem, while it will also align with the company’s Human x Car x Home strategy that was unveiled globally in 2023.

With Mijia by Xiaomi, the company will be expanding into new categories such as large appliances in India. Alongside new categories, Xiaomi also plans to expand its existing home product lineup with the new sub-brand. It is said that moving forward, Xiaomi’s future home and lifestyle products will be introduced as Mijia by Xiaomi devices.

Reportedly, the first product to launch under Mijia will be a new range of smart air purifiers. Since the sub-brand has been officially introduced, the company is expected to soon start teasing the launch of Mijia’s upcoming product in India.

The post Xiaomi introduces a new sub-brand, Mijia by Xiaomi, in India; New home and lifestyle products will be launched under this brand appeared first on The Tech Outlook.

Samsung Electronics Q2 2026 Results

The company posted KRW 171.5 trillion in consolidated revenue, representing a quarter-on-quarter (QoQ) increase of 28%. Operating profit increased to KRW 89.5 trillion, while earnings per share for both common and preferred shares increased by 52% to KRW 10,849.

The Device Solutions (DS) Division posted a QoQ sales increase of 56%, while the Device eXperience (DX) Division posted a QoQ sales decrease of 9%.

DS Division

Posted KRW 127.5 trillion in consolidated revenue and KRW 89.2 trillion in operating profit for the second quarter. The Memory Business proactively addressed AI demand despite limited capacity with a primary focus on server products. The continued industry-wide upward trend in prices also contributed to the record earnings.

The Business scaled up HBM4 sales with industry-leading performance and further strengthened technology competitiveness by shipping the industry’s first HBM4E samples to major customers. The System LSI Business managed to sustain quarterly revenue through expanded sales of high-volume mobile SoCs and image sensors, driving first half revenue to a record high.

H2 2026 expectations

• Memory Business expects robust demand centred on servers stemming from continued AI infrastructure capex and broader adoption of agentic AI.
• Growth in demand for server DRAM, eSSDs, and HBM is expected to accelerate.
• Despite efforts to increase production, supply constraints are expected to continue.
• Focus on high-value-added products such as HBM4, DDR5, S0CAMM2 and others, while extending its leadership into next-generation AI platforms.
• In H2 2026, Business expects rising component costs and soft consumer demand to persist.
• Foundry Business plans to ramp up production of new mobile products based on the second-generation 2nm process and expand sales of LPU and base-die products based on the 4nm process.

Samsung Display Corporation

Posted KRW 7.5 trillion in consolidated revenue and KRW 0.7 trillion in operating profit. SDC reported an improvement in earnings based on solid demand for high-end mobile OLED products, while its large display business expanded sales volume and revenue on the growth of the gaming monitor market.

H2 2026 Expectations

• SDC plans to focus on addressing premium smartphone demand with low-power products and diversified form factors.
• It will also pursue revenue growth through timely mass production of the 8.6G IT OLED line, as it seeks to expand supply of differentiated products to the tablet, gaming, and automotive markets.
• The large display business will focus on driving sales growth with an expanded gaming monitor customer base and strengthened product lineup.

MX and Networks Businesses

Posted KRW 33.2 trillion in consolidated revenue and reported an operating loss of KRW 0.7 trillion. While revenue grew year-on-year (YoY) on solid sales of the Galaxy S26 series and strong Galaxy A series momentum, earnings declined due to elevated component cost pressures across the industry.

In Q2 2026, the Networks Business reported an improvement in earnings QoQ and YoY, supported by overseas sales expansion.

H2 2026 expectations

MX Business

• The MX Business plans to strengthen AI leadership through personalized and intuitive experiences and drive overall market share growth based on flagship-first expansion centered on the new Galaxy Z8 and S26 series.
• The Business will also seek to enhance its premium mix across the Galaxy ecosystem and deliver AI-driven experiences in new form factors with the launch of its Intelligent Eyewear.
• It will pursue efficiency initiatives to mitigate the impact of rising costs.

Network Businesses

• The Business aims to secure profitability through new orders and structural cost discipline amid telco investment headwinds.

Visual Display and Digital Appliances

Posted KRW 14.5 trillion in consolidated revenue and recorded a slight operating loss for this second quarter.

The VD Business saw revenue and earnings increase YoY as a result of high demand from major sporting events. However, earnings declined QoQ due to increased costs. Meanwhile, the DA Business experienced revenue growth from increased air conditioner demand, despite cost pressures weighing on earnings.

Harman posted improved earnings on expanded automotive segment sales, as well as strong audio sales led by portable products.

H2 2026 expectations

VD Business

• VD Business will lead the AI TV market with differentiated customer experiences based on Vision AI while capturing seasonal demand through strengthened channel partnerships.
• The Business will also enhance TV market leadership and profitability by growing its service business through the diversification of its Samsung TV Plus content and expansion of its advertising business.

DA Business

• The Business aims to strengthen market leadership through the expansion of AI-based product sales while pursuing profitability-driven channel diversification and enhanced product competitiveness.

Harman

• It will seek to address demand in high-growth automotive segments, including the central compute unit.
• It will also expand audio sales based on an enhanced lineup and brand awareness, while maintaining stable growth momentum through revenue expansion across the automotive and audio businesses.

The post Samsung Electronics Q2 2026 Results: Operating Profit at KRW 89.5 trillion, and Quarterly revenue of KRW 171.5 trillion appeared first on The Tech Outlook.

But the ongoing memory shortage and increasing prices have allowed other manufacturers to make their place in the market. While Samsung and SK Hynix were already reported to be developing the LPDDR6 RAM, it was recently revealed that Chinese manufacturer CXMT will also start mass production of LPDDR6 in the second half of this year.

SK Hynix also seems to be catching up the pace, as a Korean publication, Herald Corp, has shared that the company plans to begin mass production and shipping of LPDDR6 RAM in the second half of 2026.

SK Hynix’s LPDDR6 RAM mass production & shipping

According to the report, the company already completed the development of LPDDR6 in March 2026 and is currently preparing for mass production.  SK Hynix has revealed that LPDDR6 is manufactured using a sixth-generation 10nm-class (1c) process, offering improvements in data processing speed and power consumption control compared to its predecessor.

It is also revealed that the company will initially supply LPDDR6 to Xiaomi for its flagship phones, though SK Hynix did not confirm any specific customer information. But since SK Hynix has partnered with Xiaomi for many years, there is a high chance that we may get to see SK Hynix’s LPDDR6 RAM in future Xiaomi devices.

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Read more about the update below.

Qualcomm Reportedly Plans Double-Digit Price Increase

As per a Bloomberg News report, Qualcomm, which is known as one of the biggest smartphone processor manufacturers, sent a letter to its global customers on Friday, the 24th of July 2026. Through this letter, the company reportedly pointed out that it will be increasing the prices of its products by a double-digit percentage, and the new pricing will come into effect for products shipped after the 1st of September 2026.

Speaking about the reason behind this reported price hike, Qualcomm is said to have revealed that it has exhausted its ability to absorb the rising costs being charged by its suppliers. The company had also reportedly made attempts to source alternative components from new suppliers; however, the ongoing component shortages and increasing supply chain expenses have now forced it to revise its product pricing.

Looking into the broader situation, the technology industry is currently facing a historic supply shortage because of the rapid expansion of AI data centres, which is affecting everything from smartphones and supercomputers to vehicles.

With this new alleged Price hike announcement, things are not looking good for smartphone manufacturers and even customers, as the devices will become more and more expensive. Stay tuned for more updates!

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Read more about the update below.

Nothing Reportedly Planning to Exit 12 Global Markets

As per the report published by Digit, Nothing is said to be preparing to shut down its operations in 12 or more markets, including Japan, the Middle East, and certain parts of Europe. Poor global sales, rising memory prices, financial pressure, and declining shipment volumes are pointed out to be the possible reasons behind the reported decision.

Speaking about Nothing’s smartphone sales, the report claimed that the recently launched Phone (4b) has shipped only around 20,000 units globally since its launch, whereas the Phone (4a) and Phone (4a) Pro have together reached approximately 150,000 units. The report also suggested that the financial condition of the company is concerning and that the market exits could take place within the next few weeks.

Nothing Co-Founder Akis Evangelidis Responds

However, Nothing co-founder Akis Evangelidis has now posted a response on his X profile and rejected several of the numbers mentioned in the report. Looking into the Phone (4b)’s performance, Evangelidis claimed that Nothing sold 29,537 units of the smartphone on its first day itself and also broke sales records within its price segment.

He also confirmed that Nothing is indeed reorganising its teams to prepare for its next phase of growth, which will include dedicated business units, an AI-native business unit, and, because of this, individual country operations are being consolidated into regional hubs to help the company operate more efficiently.

While Evangelidis did confirm that the restructuring process is taking place, he mentioned that specific details cannot currently be shared due to regulatory compliance requirements and ongoing local consultation processes. He further described the numbers mentioned in the report as “way overblown” and called on the media to uphold factual reporting and journalistic integrity.

Stay tuned for more updates!

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