Startup news and updates: daily roundup (July 31, 2026)

YourStory brings you today’s headlines with the latest developments across sectors. Latest news IBM, Sarvam join hands to advance sovereign AI adoption IBM and Sarvam have partnered to help governments and regulated organisations in India deploy AI that keeps data, operations and governance under their own control. The collaboration highlights the growing importance of sovereign AI, an approach that allows countries and organisations to develop and run AI systems while meeting local regulatory,