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Top 5 tech and startup stories of the day

1. Flipkart launches a standalone app for its quick commerce unit Minutes, piloting its food delivery service Eat In ahead of the Big Billion Days sale in October.

2. Anthropic employee Jacob Coxon quit the company and the AI industry, warning about the risks of an unregulated AI race that could lead to human extinction.

3. Cognition AI, an AI coding startup, raised $2 billion at a valuation of $48 billion.

4. Ajit Mohan, Snap's chief business officer, stepped down from his position to spend more time with his family.

5. Fintech firms are exploring the use of AI agents for agentic commerce, allowing software to search, compare, order, and pay for products on a user's behalf.

Written by urgent.news from The Economic Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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