4988: No AI toys: PM’s missive to Foundational AI startups; India’s Financial Intelligence Units releases fresh guidelines for crypto assets; and Gaurav Munjal's startup plans in limbo after M&A falls through | MC Tech3

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4988: No AI toys: PM’s missive to Foundational AI startups; India’s Financial Intelligence Units releases fresh guidelines for crypto assets; and Gaurav Munjal's startup plans in limbo after M&A falls through | MC Tech3

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In today’s Tech3 from Moneycontrol, we bring you a big message from Prime Minister Narendra Modi to AI startups on thinking beyond “AI toys” and building for India-scale impact. We also unpack stricter compliance norms for crypto firms, the fallout of the stalled Unacademy–UpGrad deal, and why data centre operators are pitching energy-focused incentives ahead of Budget 2026.

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