Indian IT's AI Startups Deals Have Changed Since 2024—For the Better

2:14 PM IST · April 27, 2026

Indian IT firms are rapidly moving beyond AI pilots, forging deep partnerships with global tech giants and startups to deploy agentic AI at scale.

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OpenAI Developing Custom Chips With MediaTek, Qualcomm for ‘AI Agent’ Smartphones: Ming-Chi Kuo

OpenAI is said to be moving towards building new custom processors for smartphones. According to an analyst, the San Francisco-based artificial intelligence (AI) company has partnered with MediaTek and Qualcomm, and both chipmakers are expected to benefit from long-term demand if smartphones with agentic AI capabilities gain traction. The project, however, is still believed to be in the infancy stage, with mass production currently targeted for 2028. The analyst said that the supply chain is expected to involve Luxshare as the exclusive system co-design and manufacturing partner.

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Shopify Builds Qwen3-32B Agent For 68% Cheaper Store Automations

Shopify’s custom tool-calling agent, which serves the Sidekick commerce assistant, also operates 2.2 times faster.

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China Cloud Spend Hits $14.7 Bn as AI Agent Adoption Accelerates

Alibaba Cloud is the market leader with a 37% share.

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