Startup news and updates: daily roundup (July 20, 2026)

YourStory brings you today’s headlines with the latest developments across sectors Featured stories OpenAI elevates Uday Ruddarraju as CTO for Compute OpenAI has promoted Uday Ruddarraju to Chief Technology Officer (CTO) for Compute, as access to large-scale computing infrastructure becomes increasingly critical in the race to build advanced AI models. The appointment comes amid growing competition among AI companies to secure the processing power, networking capabilities and data centre infrast