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Page 3 - Latest Updates on Artificial intelligence

Howard Lutnick's letter to Anthropic warned of curbs on top AI models

The letter ordered Anthropic not to give its Fable 5 and Mythos 5 artificial intelligence models to foreign nationals anywhere in the world without a license from the Commerce Department

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Updated On : 17 Jun 2026 | 7:41 AM IST

Best of BS Opinion: Why India must confront deeper economic risks

Today's opinions explore India's external vulnerabilities, the concentration of global capital in US technology, energy reforms, disclosure norms, and a nuanced portrait of Kashmir through the Chenab

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Updated On : 17 Jun 2026 | 6:15 AM IST

HCL Tech's gains from Sarvam AI bet hinge on execution and scale-up

Brokerages see strategic benefits from HCL Tech's investment in Sarvam, though long-term returns will depend on the AI firm's ability to scale and execute effectively

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Updated On : 16 Jun 2026 | 11:35 PM IST

Biopharma entering innovation power decade, says Bernstein report

Brokerage says India should focus on specialty medicines and incremental innovation rather than copying Big Pharma's new-drug discovery model

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Updated On : 16 Jun 2026 | 11:18 PM IST

Wipro sets up facility for Claude models to accelerate enterprise AI

The new centre will focus on accelerating enterprise AI adoption, building specialised talent and developing AI-native platforms and industry solutions across sectors

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Updated On : 16 Jun 2026 | 10:45 PM IST

AI strengthens, not weakens, the case for quarterly reporting of results

As AI lowers reporting costs, the SEC's proposal to allow semi-annual disclosures sparks debate over transparency, accountability and investor protection

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Updated On : 16 Jun 2026 | 10:35 PM IST

Era of software, MBA advantage over; equip yourself with trade skills: CEA

India's Chief Economic Adviser urges youth to prioritise skills that remain valuable amid technological changes over traditional career paths

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Updated On : 16 Jun 2026 | 4:02 PM IST

Restrictions on Anthropic underscore need for sovereign AI: Upstage CEO

US has ordered Anthropic to disable access to its most advanced AI platforms for all foreign nationals after discovering it's possible to 'jailbreak' or bypass the guardrails of new Fable 5 AI model

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Updated On : 16 Jun 2026 | 11:30 AM IST

US court rejects Musk's xAI suit accusing OpenAI of stealing trade secrets

The judge said asking job candidates to discuss their prior work was routine, and one could not infer that OpenAI pushed Li to leak anything confidential

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Updated On : 16 Jun 2026 | 10:03 AM IST

Microsoft sued by shareholders over expenses, Azure cloud business, AI

The proposed class action led by a Michigan pension ​fund was filed in Seattle federal court on Friday, after Microsoft shares fell 10 per cent on January 29

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Updated On : 16 Jun 2026 | 9:48 AM IST

US saw risk of Anthropic AI models being used by foreign military: Lutnick

The stakes are high, with the government seeking assurances that the models cannot be used to harm the US, while Anthropic is pushing to restore access to its top-tier models

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Updated On : 16 Jun 2026 | 9:41 AM IST

Cybersecurity experts urge Trump admin to lift curbs on Anthropic AI models

Anthropic has said it was limiting use of some technology to select customers because of its ability to surpass human cybersecurity experts in finding and exploiting computer vulnerabilities

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Updated On : 16 Jun 2026 | 7:16 AM IST

Andhra Pradesh, Google to form task force for AI and digital governance

The joint task force will explore collaboration in AI, cloud computing and digital governance as Andhra Pradesh seeks to position itself as a digital infrastructure hub

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Updated On : 16 Jun 2026 | 12:41 AM IST

Sarvam AI becomes unicorn after raising $234 mn; HCLTech acquires over 10%

The sovereign AI startup raised $234 million in the first close of its Series B round, with HCLTech emerging as the lead strategic investor

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Updated On : 15 Jun 2026 | 11:54 PM IST

SpaceX IPO sparks debate over index rules as AI giants reshape markets

The IPO is the headline, but the real story is about index methodology, said Dina Ting, head of global index portfolio management at Franklin Templeton

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Updated On : 15 Jun 2026 | 11:36 PM IST

China's challenge to US tech supremacy grows as AI race reshapes rivalry

Geopolitical tensions and the US steps to keep China from catching up in AI and in chip technology has created two distinct worlds

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Updated On : 15 Jun 2026 | 10:08 PM IST

Adani, Jabil to partner for AI data centre hardware manufacturing venture

The proposed venture aligns with Adani Group's previously announced $100 billion investment commitment to develop 5 GW of green energy-powered, AI-ready data centres by 2035

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Updated On : 15 Jun 2026 | 9:45 PM IST

US cybersecurity firm N-able opens GCC in Bengaluru, eyes major hiring push

N-able, which provides IT management, ‌cybersecurity, and data protection software to more than 500,000 organizations globally, opened a Global Capability Center (GCC) in Bengaluru on Monday

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Updated On : 15 Jun 2026 | 2:26 PM IST

US AI restrictions underscore risks of dependence: Canadian PM Carney

AI giant Anthropic said it has taken its latest artificial intelligence models - Fable 5 and Mythos 5, offline to comply with a directive from the Trump admin to prevent their use by foreign nationals

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Updated On : 15 Jun 2026 | 6:26 AM IST

Best of BS Opinion: When access becomes power

From AI access and workforce disruption to economic reform and market opportunities, this edition explores how nations and industries navigate narrowing gateways

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Updated On : 15 Jun 2026 | 6:15 AM IST