Page 22 - Latest Updates on Artificial intelligence
Anthropic weighs funding offers at over $900 billion valuation, tops OpenAI
Anthropic had previously resisted several inbound proposals from investors for a new round at a valuation of $800 billion or more
 "Anthropic weighs funding offers at over $900 billion valuation, tops OpenAI")
Maharashtra announces AI policy, envisages Rs 10,000 crore investment
The government proposes to establish six AI Excellence Centres and five AI Innovation Cities under the policy, said an official statement
 "Maharashtra announces AI policy, envisages Rs 10,000 crore investment")
Cognizant plans AI-led restructuring, to spend up to $320 million
Cognizant plans layoffs and restructuring under Project Leap, focusing on AI-led transformation, productivity gains, and cost savings amid a challenging macro environment
 "Cognizant plans AI-led restructuring, to spend up to $320 million")
Indian VCs build 'bridges to America' as AI startups look westward
Venture capital firms in India are creating structured programmes to help AI startups enter the US market, offering capital, relocation support, and access to networks and customers
Google kicks off $15 bn project in 'AI-patnam': Work begins on 1 Gw centre
Project includes 1 GW data centre, subsea cable landings and digital infrastructure, positioning Visakhapatnam as a major global AI and connectivity hub
 "Google kicks off $15 bn project in 'AI-patnam': Work begins on 1 Gw centre")
AI-driven logistics firm Mojro secures $5.5 mn in Series A funding round
The firm will use the capital to accelerate its global expansion and drive product innovation
 "AI-driven logistics firm Mojro secures $5.5 mn in Series A funding round")
Claude's AI agent goes rogue, deletes firm's entire database in 9 seconds
A SaaS platform founder posted about the incident on X, warning about the failures of flagship AI and digital services providers
 "Claude's AI agent goes rogue, deletes firm's entire database in 9 seconds")
Cert-In warns of Claude Mythos disruptions, issues guidelines for companies
All companies should also review and reduce all internet-exposed attack surfaces within their systems and disable unnecessary ports and protocols, Cert-In has said in its advisory
 "Cert-In warns of Claude Mythos disruptions, issues guidelines for companies")
Equity investing in good shape and fashionable as ever: Saurabh Mukherjea
In developed markets, we are investing in defence & aerospace, power turbines & plant construction, the data center supply chain and in ultra-luxury consumption plays, Mukherjea said.
 "Equity investing in good shape and fashionable as ever: Saurabh Mukherjea")
Musk, Altman to face off in trial that may decide future of OpenAI
Musk alleges Altman and other leaders at OpenAI enriched themselves by abandoning its altruistic principles and converting to a for-profit company with billions of dollars
 "Musk, Altman to face off in trial that may decide future of OpenAI")
China orders Meta to unwind $2 billion acquisition of AI startup Manus
"The transaction complied fully with applicable law. We anticipate an appropriate resolution to the inquiry," Meta said in response
 "China orders Meta to unwind $2 billion acquisition of AI startup Manus")
China blocks Meta's $2 billion Manus AI deal over tech transfer concerns
Beijing has tightened scrutiny of key AI firms in the wake of the deal, which has been largely completed
 "China blocks Meta's $2 billion Manus AI deal over tech transfer concerns")
Advanced AI models a catalyst for telcos, says Ericsson's Magnus Ewerbring
India, Ericsson's second-largest market by revenue, will continue to be among the top rung, says Magnus Ewerbring
 "Advanced AI models a catalyst for telcos, says Ericsson's Magnus Ewerbring")
Rising AI token usage strains company cost structures despite lower rates
Even as per-token prices fall, rising usage from complex AI workflows is pushing up overall costs for companies, raising concerns among developers, startups, and industry experts
 "Rising AI token usage strains company cost structures despite lower rates")
Buyers and brands keep an AI eye on each other in fast-changing dynamics
Consumers adopt tools to monitor the very brands that track them. It's a double-edged opportunity for brands as consumers expect greater transparency
Indian IT faces AI reset: Top-5 firms post mixed FY26 amid macro headwinds
Earnings analyses reveal a sector transitioning rapidly away from traditional effort-based delivery
 "Indian IT faces AI reset: Top-5 firms post mixed FY26 amid macro headwinds")
AI adoption to influence salary growth within 2-3 yrs: TeamLease Edtech CEO
Companies in India are no longer treating AI skills as optional experimentation - they are moving into the core capability stack, CEO Shantanu Rooj said
 "AI adoption to influence salary growth within 2-3 yrs: TeamLease Edtech CEO")
AI talent hiring jumps 59.5% in India amid rising adoption across sectors
AI hiring in India rose 59.5% year-on-year, driven by rapid adoption across sectors, with demand expanding beyond metros to Tier-II and Tier-III cities
 "AI talent hiring jumps 59.5% in India amid rising adoption across sectors")
At Elon Musk's SpaceX, AI is burning the cash that Starlink earns
While SpaceX's outlay is super-sized by most measures, it is dwarfed by Silicon Valley rivals
 "At Elon Musk's SpaceX, AI is burning the cash that Starlink earns")
AI, Iran, and capital flows: Warning signs for India's middle class
Job losses, reduced asset values, increased inflation can have many long term impacts on the morale and the social fabric that will be hard to predict
 "AI, Iran, and capital flows: Warning signs for India's middle class")