India Risks Becoming A ‘Digital Colony’ Without Sovereign AI Models: Nasscom Chairperson

businessworld.in Aug 7, 2026

India Risks Becoming A ‘Digital Colony’ Without Sovereign AI Models: Nasscom Chairperson

Curated by Shubham · TechCapsules · Aug 7, 2026

AI-summarised brief · reviewed before publication

At the Nasscom FutureForge 2026 conference, Nasscom chairperson Srikanth Velamkanni warned that India risks becoming a ‘digital colony’ unless it develops sovereign AI models and deeptech capabilities. He traced India’s historic strength to low‑capital, high‑margin software services built on a large, educated workforce, but argued that the next era demands AI‑driven productivity gains of ten to one‑hundred times, which will make software cheaper and shift competition to deep innovation. Velamkanni noted that Indian IT and ITeS firms are beginning to invest in and acquire deeptech startups, citing HCLTech’s stake in Sarvam as an example. He emphasized that deeptech ventures require capital, R&D and the ability to define problems rather than merely solve briefs, and that success could create millions of new jobs.

💡 Why It Matters

· Sovereign AI models will keep India’s data and digital infrastructure under national control, shaping its future tech sovereignty.

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ChatGPT brings unlimited text chats to free users

OpenAI has lifted text‑chat limits for all ChatGPT users as the platform surpasses one billion weekly users. The upgrade introduces GPT‑5.6 Luna as the default model for Free and Go accounts, replacing GPT‑5.5, and adds a “Think” button that lets users request higher reasoning power for complex queries. Plus and Pro subscribers receive GPT‑5.6 Sol, optimized for quick tasks, and a thinking slider to adjust depth of analysis. Internal tests show factual errors dropped 62% for Luna and 68% for Sol.

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appleinsider.com · Aug 7

Adobe is hell-bent on becoming the creative engine behind AI

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opalesque.com · Aug 7

The AI singularity is closer than you think

Nvidia has cemented its status as a standout growth firm in the global technology sector, with revenue climbing from roughly $60 billion to over $120 billion across the last two fiscal years, according to senior market analyst Antonio Di Giacomo of XS.com. The surge reflects the company’s dominance in graphics processing units and expanding artificial‑intelligence workloads, positioning it at the forefront of the industry’s rapid evolution. Di Giacomo’s commentary appears in a subscription‑only newsletter that requires active login and cookie consent. The piece is interspersed with unrelated snippets about Leavenworth’s Bavarian tourism, private‑market fund trends, hedge‑fund consolidation and trading recommendations, underscoring the fragmented nature of the source material. Analysts view the doubling of revenue as a benchmark for AI‑driven hardware demand worldwide.

💡 The revenue jump shows AI‑centric chips are becoming essential infrastructure, speeding adoption across multiple sectors.

gizmodo.com · Aug 7

This Startup Will Pay You $50 to Let AI Read Your Mind

In June, Meta unveiled Brain2Qwerty, a system that translates brain scans into text to aid communication for people with neurodegenerative diseases. Parallel to this effort, San Francisco startup Conduit, founded in 2024 by Oxford graduate Rio Popper and AI researcher Clem von Stengel, is developing non‑invasive “telepathy at scale” – a wearable helmet with electrodes that captures neural signals for AI interpretation. To train its models, Conduit pays participants $50‑$55 for two‑hour sessions in which they converse with large language models while wearing the four‑pound device, limiting each person to 32 sessions. The company requires participants to type without looking at their fingers and encourages free‑form dialogue to maximize data. Former OpenAI alignment researcher Naomi Bashkansky recently joined Conduit, underscoring the venture’s growing talent pool.

💡 Conduit’s paid data‑collection scheme accelerates the creation of consumer‑grade mind‑reading interfaces, potentially reshaping how humans interact with AI beyond voice and text.

windowslatest.com · Aug 7

Microsoft admits it force-installed AI-powered OneDrive on Windows 11, says it’s not…

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nationthailand.com · Aug 7

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