Todayβs Daily Tech News β 27 July 2026
π July 27, 2026, Your ultimate roundup of the biggest technology updates from around the globe today!
π€ AI Infra Boom to Push Global IT Spend to $6.4 Trillion
Gartner reports that worldwide IT spending is expected to climb 14.2% to $6.37 trillion in 2026 as enterprises and hyperscalers invest heavily in AI infrastructure, cloud platforms, and next-generation data centers.
π Read Full StoryβοΈ India Achieves Milestone with Indigenous 350kg Turbojet Engine
India has reached a major aerospace milestone by successfully testing its first indigenous 350kg thrust-class turbojet engine, heavily strengthening the nation’s domestic defense manufacturing capabilities.
π Read Full Storyπ€³ Google Bets on Selfie Videos for Account Recovery
Google is rolling out a selfie video feature to make account recovery easier and more secure. However, cybersecurity experts urge caution, warning that facial data is permanent and could be targeted by AI-enabled fraud.
π Read Full Storyπ» AMD Sees Compute Market Zooming to $2 Trillion by 2030
At the Advancing AI Summit, AMD unveiled new AI processors and infrastructure, betting heavily on surging demand for agentic AI, inference workloads, and open computing platforms in the coming years.
π Read Full Storyπ US Lawmakers Propose AI ‘Kill Switch’ Amid Safety Concerns
Following a highly publicized OpenAI incident during security evaluations, US lawmakers have proposed a bill giving officials the power to order AI firms to shut down models that are deemed to put human life at risk.
π Read Full Storyπ¦ Amazon Cuts Jobs in AGI Unit to Sharpen AI Focus
Amazon is restructuring its Artificial General Intelligence (AGI) business, resulting in layoffs. The company aims to consolidate teams and redirect resources toward AI projects with the greatest direct customer impact.
π Read Full Storyπ China’s Gravity-1 Sea Launch Marks Private Space Milestone
Orienspace’s Gravity-1 mission successfully launched from the sea, showcasing China’s growing capabilities in offshore launches and signaling a massive expansion for its private space ecosystem.
π Read Full StoryπΈ NPCI Develops Offline UPI for Payments Without Internet
To keep digital payments running smoothly even in remote areas, India’s NPCI is developing an offline UPI system that utilizes NFC-based technology and secure tokens to allow merchant payments without an internet connection.
π Read Full StoryβοΈ EU Fines Google $1 Billion Over Play Store Practices
The European Union has issued a staggering $1 billion fine against Google, ordering the tech giant to open up Android systems and share internal search data to encourage fair competition.
π Read Full Storyπ‘οΈ Oracle Secures Massive $7B Pentagon Software Contract
In a major procurement overhaul by the US Department of Defense, Oracle has successfully secured a $7 billion long-term contract to provide enterprise software solutions to the Pentagon.
π Read Full Storyπ Current AI Secures $400M for Public Compute Infrastructure
Current AI has announced a massive $400 million funding round aimed at democratizing AI development by building robust, publicly accessible compute infrastructure for developers worldwide.
π Read Full StoryβοΈ Defense Tech Giant Anduril Eyes $100B Valuation
Anduril, the defense technology powerhouse, is eyeing new funding that could push its valuation to an astonishing $100 billion, even as its expansion in tech hubs draws protests from activists.
π Read Full Storyπ± Vivo S2 India Launch Officially Confirmed
Vivo has officially dropped the teaser for the highly anticipated Vivo S2 in India. The smartphone promises advanced camera features and a sleek new design tailored for Gen Z consumers.
π Read Full Storyπ Adidas Hyperboost Edge with Lighttraxion Tech Launched
Fusing sports and tech, Adidas has launched the Hyperboost Edge in India. The smart shoes feature Hyperboost Pro Foam and Lighttraxion outsole technology for peak athletic performance tracking.
π Read Full Storyπ BitMart Exchange to Cease Trading by August 26
Cryptocurrency platform BitMart has announced it will cease all trading activities by late August, preparing for a full operational shutdown scheduled for early 2027 amid regulatory pressures.
π Read Full Storyπ± Samsung Unveils Its Strongest Foldable Lineup Yet
Samsung is doubling down on the foldable market, releasing its strongest and most durable foldable lineup to date. Analysts are now closely watching how Apple will respond to the growing foldable trend.
π Read Full Storyπ§ DeepMind CEO Calls for Frontier AI Standards Body
Google DeepMind CEO Demis Hassabis is urging the global community to establish a new, unified standards body to oversee “frontier AI” to ensure safety as models become exponentially smarter.
π Read Full Storyπ¬ Microsoft Commits $60M to ‘Genesis Mission’ for Science AI
Microsoft has committed $60 million to help power the US Department of Energy’s ‘Genesis Mission’, a massive initiative aimed at using advanced artificial intelligence to drive breakthroughs in physical sciences.
π Read Full StoryπΎ Soaring Memory Prices Dampen Budget Smartphone Demand
Rising DRAM and NAND memory chip prices are severely squeezing the budget smartphone market. Manufacturers are forced to cut features, widening the technological gap between low-cost and flagship devices.
π Read Full Storyπ Major AI Companies Target the Education Sector for User Habits
Top AI companies are heavily pushing free and discounted learning tools into schools. This strategy mirrors past tech battles, aiming to build lifelong user habits among students through early platform exposure.
π Read Full Storyβ¨ Thanks for tuning in to today’s ultimate tech edition! Stay curious! β¨
π This article was researched and written by Venkatesh A, Founder of verakworld.com.