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DOJ PROPOSAL AI INVESTMENT
Gulf countries act as propellants for SpaceX IPO as billions flow inSaudi Arabia's Public Investment Fund and Kuwait Investment Authority have each placed orders for shares worth $1 billion to $5 billion, th...- Anthropic CEO warns of AI jobs reckoning as company pledges $200 million for researchAnthropic's Claude models have rapidly become among the most widely used AI tools in software development and enterprise work. The company'...
- AI risks are here, time for tough rules: Anthropic CEO Dario AmodeiAs artificial intelligence grows more powerful, governments must move beyond transparency measures and introduce stronger regulations to ad...
- Anthropic urges US not to block state AI laws without setting federal standardsUS President Donald Trump has urged Congress to enact legislation that would supersede state rules on AI. Anthropic on Wednesday weighed ...
- Tap-and-pay takes off; ADIA to trim Lenskart stakeHappy Thursday! Tap-and-pay card usage is on the rise in India despite UPI's dominance. This and more in today’s ETtech Morning Dispatch.
- Global watchdog calls for tighter controls on agentic AI in financeThe Financial Stability Board (FSB) in a report on Wednesday "strongly" encouraged boards to consider implementing safeguards to mitigate r...
- Meta partners with Reliance to lease 168 MW AI data centre in JamnagarMeta has deepened its India bet by partnering with Reliance Industries to build its first AI-ready data centre in the country, leasing 168 ...
- Who is Neeraj Sharma, the Indian-American CEO set to lose US citizenship over H-1B visa fraud for jobs that never existed?An Indian-origin businessman, Neeraj Sharma, is at the center of a US immigration fraud case. Authorities are seeking to revoke his citizen...
- OpenAI weighs leasing Ohio data center with Nvidia backing: ReportOpenAI is in negotiations to lease a proposed 10-gigawatt data center campus on federal land in Ohio, in a deal that could include finan...
- Will India's AI multibaggers face a reality check as global bubble fears test valuations?India's AI stocks are facing scrutiny as global concerns about a tech bubble grow. Companies linked to data centers and high-performance co...
- H-1B filings rise at OpenAI, Anthropic and Nvidia as companies expand overseas recruitmentAI firms OpenAI, Anthropic, and Nvidia are boosting H-1B visa applications. This comes as they compete for specialized talent. Other major ...
- Intel spinout Articul8 eyes $50 million for India heritage AI ventureArticul8, a spin-off from Intel, is raising $30-50 million to establish an India-based AI entity focused on traditional knowledge systems l...
- China’s Moonshot AI seeks $30 billion value in new funding talksThe developer of the Kimi chatbot has held early talks with prospective investors to raise more than $1 billion, people familiar with the m...
- Lawyers welcome SC’s AI rules against ‘algorithmic justice’The Supreme Court has released a draft framework for AI in courts, aiming to balance innovation with judicial safeguards. The proposed regu...
- 'AI won't just moderate posts, it will curate reality': Former White House AI czar David Sacks warns against govt control of AIDavid Sacks, chair of the President's Council of Advisors on Science and Technology and former White House AI and Crypto Czar, has criticiz...
- China bets on AI to promote President Xi Jinping's thinkingThe project, known as "Xinhua Yudian," meaning Xinhua lexicon, is "an intelligent agent for learning, researching, and disseminating Xi Ji...
- Blackstone-backed AirTrunk to invest $30 billion in India, develop 5 GW data centre capacity by 2030AirTrunk plans a massive investment of over 3 lakh crore rupees in India by 2030. This will develop more than 5 gigawatts of digital infras...
- Walmart investors reject AI workplace report as automation expands in the USWalmart investors on Thursday voted against a shareholder proposal asking it to report on how its use of AI is affecting the well-being of ...
- Trump's $1.8 billion 'weaponization' fund put on hold after fierce opposition from CongressPresident Trump's proposed $1.8 billion fund for alleged government "weaponization" victims has been halted. Republican lawmakers in Congre...
- AvenuesAI plans strategic investment in Ratnaafin Capital NBFC to drive AI-led embedded lendingAvenuesAI is planning a minority investment of up to 2.5% in Ratnaafin Capital, a scaled new-age NBFC with a lending book exceeding INR 200...
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