US Treasury says stopping use of Anthropic’s tech
The US Treasury Department said Monday it is ending use of all Anthropic products, following President Donald Trump’s government-wide ban on the AI start-up after it rejected the Pentagon’s demands.
The US Treasury Department said Monday it is ending use of all Anthropic products, following President Donald Trump’s government-wide ban on the AI start-up after it rejected the Pentagon’s demands.
The Warner Bros-Paramount Skydance merger will create a combined entity that would have a net debt of about $79 billion, Paramount said on Monday, as it ruled out any plan to divest or spinoff the cable assets.
UK fintech Revolut is preparing to launch its digital payment services in India. Indian users can now join a waitlist for the upcoming service. The platform will feature an INR-only prepaid wallet with UPI integration. Revolut plans to offer Visa…
The US Supreme Court has refused to consider a case about copyright for art created by artificial intelligence. A computer scientist sought copyright for AI-generated visual art, but lower courts ruled it ineligible due to lack of human authorship. This…
New AI chatbots like ChatGPT Health and Claude offer personalised health advice. These tools can explain test results and prepare for doctor visits. However, they are not a substitute for professional medical care. Users must be aware of privacy concerns…
The minister was speaking at the valedictory ceremony of GAFX, a three-day conference on animation, visual effects, gaming, comics (AVGC) and extended reality held in Bengaluru.
TCS has suspended all incoming and outgoing travel to and from the Middle East region, including transit routes, citing airspace closures across several countries. Infosys, meanwhile, has “strongly discouraged” employees from undertaking non-essential travel to the region until further notice.
The move comes as governments and regulators push platforms to get more serious about provenance and misinformation. India has directed platforms such as Facebook, Instagram, and YouTube to clearly label AI-generated content and ensure that they carry embedded identifiers.
President Donald Trump and Hegseth accused rising AI star Anthropic of endangering national security after its CEO Dario Amodei refused to back down over concerns the company’s products could be used for mass surveillance or autonomous armed drones.
Open AI firm said that the contract struck on Friday to deploy technology in the U.S. Defense Department’s classified network enforces three red lines: no use of OpenAI technology on mass domestic surveillance, no directing autonomous weapons systems and no…
The Payments Council of India (PCI), which represents digital payments companies, has written to finance minister Nirmala Sitharaman seeking urgent intervention and calling for greater proportionality in enforcement action. Several industry leaders, including Navin Surya, founder-chairman of the Fintech Convergence…
Speaking at the inauguration of the plant, Mehrotra emphasised that “this facility will convert advanced DRAM and NAND wafers from Micron’s global network into multiple hundreds of millions of chips per year that go into our finished products for our…
Prime Minister Narendra Modi on Saturday inaugurated the Semiconductor Assembly, Test and Packaging (ATMP) facility of Micron Semiconductor Technology India Private Limited in Sanand.
The robotic dog in question was recently displayed at the India AI Impact Summit 2026, where the university courted controversy after trying to pass off the Chinese robot as its own development. The university was asked to vacate the event…
Canada’s minister in charge of artificial intelligence said on Friday that he will meet with OpenAI Chief Executive Sam Altman next week to discuss how the ChatGPT maker plans to boost safety protocols in the wake of a recent school…
OpenAI locked in one of the largest private capital infusions in history. This and more in today’s ETtech Top 5.
Amazon’s $50 billion commitment is the largest in this round, surpassing the $30 billion each pledged by Nvidia and SoftBank. This round of funding gives OpenAI a pre-money valuation at $730 billion.
The ban, imposed last year and ostensibly linked to the death of a teenage boy after bullying online, saw Chinese-owned short video platform TikTok banned for all users. The government says TikTok has now tightened safety measures sufficiently.
The matter pertains to a direction issued by the central government in November that will ensure app-based communication services, the likes of WhatsApp, Signal, Telegram, and others, are continuously linked to a user’s active SIM card.
Deepinder Goyal’s startup Temple, which is building a device to measure cerebral blood flow, raised $54 million (Rs 493 crore) in seed funding, valuing the company at $190 million. Investors include Peak XV Partners, Steadview Capital, Info Edge Ventures and…
Saha highlighted Tripura’s potential as a regional innovation hub, citing its third-strongest internet gateway and strategic location as a corridor to South East Asia.
The ET AI Conclave & Awards brings together over 250 CXOs, founders, policymakers, investors, and product leaders to shape the future of AI adoption.This and more in today’s ETtech Top 5.
Indian Railways is introducing a new RailTech Policy to foster innovation and technology adoption. This policy simplifies engagement with startups and innovators. Additionally, the Railway Claims Tribunal is being fully digitised and AI-enabled.
HCLTech and IIT Kanpur signed an MoU to transform research into practical solutions for Global Capability Centres. The partnership focuses on advanced engineering and deep tech, including AI and robotics. It will help GCCs accelerate innovation and access specialized skills.…
Per additional chief secretary Gaurav Gupta, Karnataka is working on a state-level ethical AI framework, consisting of a regulatory sandbox and a Rs 1,000-crore IT push to boost AI-led growth.
Mumbai’s semiconductor design Global Capability Centres saw hiring slow in 2025. A cautious rebound occurred in the final quarter. This indicates a shift towards specialised roles. Companies are prioritising design impact and long-term value. Government support reinforces this transition. India…
Billdesk is set to acquire Worldline’s India business. This and more in today’s ETtech Top 5.
Nexus Venture Partners, AdvantEdge Founders, and Stride Ventures also participated in the round. With this, the company that positions itself as an alternative to the traditional multi-vendor manufacturing model by orchestrating execution across suppliers, geographies, and quality frameworks has now…
The Silicon Valley leadership map is expanding beyond Sundar Pichai and Satya Nadella. A powerful set of Indian-origin CXOs is shaping strategy, scaling AI infrastructure, and running global operations at some of the world’s most influential tech companies, including OpenAI,…
General Atlantic, which first invested in ByteDance in 2017 when the company was valued at about $20 billion, started the process to sell some of its shares in weeks and hopes to close the sale in March. Details of the…
The IT services sector faces a major change. Artificial intelligence will reshape how companies operate. This shift will increase business cycles and demand new talent strategies. Operating models will need significant updates. These changes introduce new risks for the industry.…
Meta and OpenAI are set to own a stake in one of their most significant suppliers at a time when rival chipmaker Nvidia is eyeing investments in some of its largest customers, including the ChatGPT parent.
Agent-led insurance distribution sourced Rs 13,800 crore in premiums in FY25 and is projected to reach Rs 60,000 crore in five years, says HSBC Global Investment Research. Motor insurance leads via POSPs. Key players include Turtlemint and PB Fintech’s PB…
Britain’s privacy watchdog has fined Reddit $19.52 million for failures linked to children’s privacy. The Information Commissioner’s Office said the platform did not properly check children’s ages. It also failed to complete a required risk assessment for under-13s in time.
Singapore-based optoML has secured $1.8 million in a round led by Bluehill.VC and A99, pending regulatory approval. The fabless semiconductor startup recently completed tapeout of its 12 nm wafers with TSMC. It will use the funds to expand hiring and…
Calling AI “probably the single biggest opportunity” for the industry and comparable to the discovery of electricity or the internet, he said current debates focus too narrowly on automation while missing a broader structural shift. Shetty argued that, much like…
The Supreme Court of India has issued notice to Meta over a proposed five-year advertising ban on WhatsApp, following a recommendation by the Competition Commission of India. Earlier this month, the court criticised data-sharing practices under the 2021 privacy policy…
Jefferies in its latest report has revised downward its earnings estimates for the IT sector, citing structural changes driven by artificial intelligence (AI), which may significantly alter the traditional business mix of IT companies.
Addressing a town hall interaction with cab and auto drivers from Delhi-NCR and Gujarat, Shah said the cooperative ride-hailing platform would return 80 per cent of profits to drivers based on kilometres driven, with the remaining 20 per cent retained…
Everyone at last week’s India AI Impact Summit was debating power, water, and capital. Those are necessary conversations. But India’s AI infrastructure story has two other protagonists that nobody is talking about and without them, the puzzle never gets finished.
In his monthly radio broadcast Mann Ki Baat, Modi also asked people to remain vigilant against online financial fraud and digital arrest, and appealed to all to comply with requests from banks for doing KYC (know your customer) as it…
Erik Ekudden told PTI that the evolution of networks will be central to the AI journey. While AI is already being used to optimise 5G networks today, the future will see the rise of agentic AI or AI agents, and…
The artificial intelligence revolution sweeping through the entertainment sector was at first glance not evident at this year’s Berlin Film Festival, but the potential for widespread changes was still on people’s minds. The tools have the potential to help the…
Karnataka is boosting its global tech ties. Officials met with Austrian and Cuban delegations to discuss AI, digital public infrastructure, and skilling. Bengaluru was recognised as a leading centre for digitisation and AI innovation. Cuba expressed interest in learning from…
Social media use is a growing concern for many. Experts discuss the challenges of excessive scrolling and the impact on daily life. Companies design apps to keep users engaged for advertising revenue. Recognizing problematic use is key. Simple tips and…
The Andhra Pradesh government has signed seven agreements at the AI Impact Summit in New Delhi, with most of them directed towards higher education, advanced skilling and school transformation.
Microsoft has announced the launch of Microsoft Elevate for Educators in India, an initiative designed to skill two million teachers and reach 200,000 schools and educational institutions by 2030, as part of Microsoft’s broader commitment to equip 20 million people…
Electric vehicle (EV) charging startup Statiq has secured $18 million in fresh funding led by Tenacity Ventures. Existing backers Y Combinator, Shell Ventures, and RCD Holdings also participated in the round, which comprised a mix of equity and debt, the…
Silicon Valley touts AI as revolutionary, but public skepticism is high. Surveys show limited workplace impact, widespread fear, and strong support for regulation.
Shares of companies in the cyber security solutions space have nosedived after America-based AI company Anthropic PBC unveiled a tool that is capable of autonomously finding and patching possible software vulnerabilities.
Accenture has begun monitoring how employees use its artificial intelligence tools and will factor this into promotion decisions to boost adoption across its workforce. Senior managers have been told leadership roles require “regular adoption” of AI. The move follows 11,000…
When Covid-19 struck in 2020, Sashikumaar Ganeshan at the Indian Institute of Science, Bangalore built a model to predict the spread of the contagion, marking his deep immersion into AI technologies. He later founded ZenteiQ.ai to develop scientific foundational model…
A complete or full AI stack refers to an end-to-end collection of hardware, software, data, and services required to design, train, deploy, and manage artificial intelligence (AI) applications. Speaking at the AI Impact Summit in the national capital, Chaudhary, minister…
Sunil Gupta, MD and CEO of Yotta Data Services, said AI sovereignty does not mean isolation or complete self-reliance but strategic control. Speaking at the AI Impact Summit 2026, he noted global interdependence in technology is inevitable. Sovereignty means no…
Some of the biggest players from Meta to TikTok are facing federal and state trials that seek to hold them responsible for harming children’s mental health. The lawsuits have come from school districts, local, state and the federal government as…
Both leaders of artificial intelligence (AI) firms in India for the summit were invited on stage when union minister Ashwini Vaishnaw announced the ‘New Delhi Frontier AI Impact Commitments’, a set of voluntary pledges that reflect a shared vision for…
Speaking at the India AI Impact Summit at New Delhi on Thursday, Sweet drew lessons from 2013, when an Oxford University study warned that 47% of US jobs were automatable and robotic process automation (RPA) was expected to damage IT…
Speaking at the India AI Impact Summit 2026, Sikka, former CEO of IT giant Infosys, highlighted astonishing productivity gains from AI, its limitations and responsible usage. He said that AI represents a historic opportunity, and India has previously transformed connectivity…
According to Nilekani, if AI investments are to create value for society at large rather than benefiting only a few individuals, there must be clear pathways to ensure the technology reaches everyone, adding that India is well placed to lead…
Sam Altman, head of ChatGPT maker OpenAI, told a global artificial intelligence conference on Thursday that the world “urgently” needs to regulate the fast-evolving technology. “This is not to suggest that we won’t need any regulation or safeguards,” Altman said.
AI4Bharat, is a research lab at IIT Madras, dedicated to advancing AI technology for Indian languages through open-source contribution.
Prime Minister Narendra Modi held key meetings with Google CEO Sundar Pichai, Finland’s Prime Minister Petteri Orpo, and Spain’s President Pedro Sanchez during the India AI Impact Summit 2026. Discussions focused on AI, trade, and future technologies. The Prime Minister…
Telegram, one of the most popular messenger services in Russia, is widely used by Russian forces fighting in Ukraine, but is under pressure from the authorities who have imposed restrictions on it over what they say is its failure to…
The President and Managing Director for India and South Asia at Airbus also said that AI should be seen as a bridge that helps to be more efficient and optimise resources on the way to the net-zero goals.
According to Chaudhry, while AI offers endless possibilities, it also comes with substantial risks, making it essential to counter AI-driven threats using AI itself.
Large AI models have been commercially rolled out by global players like ChatGPT of OpenAI, Google’s Gemini, etc.The minister said investors are also bullish on India and have finalised investment of over Rs 20,000 crore, which will materialise over the…
Speaking at the launch of the AI Casebook on Gender and Agriculture at India AI Summit here, UN Women Regional Director for Asia Pacific Christine Arab said the underrepresentation of women in AI development was creating systemic bias in the…
Vembu said that the current trend in India is to focus on models that use fewer resources. He stated, “I think we are investing in lot of the smaller models. Those should be unglamorous right now, but they get the…
With this collaboration, Razorpay’s payment infrastructure will be integrated with Replit’s AI software creation platform, enabling Indian developers to pay for subscriptions easily and turn their AI-built applications into scalable, monetised products.
The five-day summit, which is ongoing at Bharat Mandapam in New Delhi, kicked off on February 16 amid high expectations, with addresses by global tech leaders and Indian startups slated for the coming days.
The release comes as Alibaba looks to attract more users to its Qwen chatbot app in China, a landscape currently dominated by rival tech giant ByteDance’s Doubao and DeepSeek, which became the first Chinese AI firm to break through globally…
India drives nearly half of Claude’s usage for computer and mathematical tasks, like building applications and modernising systems, with run-rate revenue doubling since the October 2025 expansion announcement.
He added that GPU access is being provided at subsidised rates, and that the government is working to make other resources available as widely as possible.
Artificial intelligence will fundamentally reshape jobs by unbundling them into smaller, task-based components rather than eliminating employment altogether, says Puneet Chandok, President of Microsoft India and South Asia.
Speaking at the IndiaAI Impact Summit, Krishnan said US-based Micron is working on high bandwidth memory, a key component necessary for widening AI usage.
Companies are testing AI for faster, cheaper translations. This move worries human translators, with some losing work. However, experts believe AI will change jobs, not eliminate them.
The company crossed 15 million active users last year across various categories including ecommerce, ticketing and food delivery, is focusing on the value conscious segment for further expansion of its food delivery vertical, CEO Anshoo Sharma told PTI in an…
The increase bodes well for money-losing xAI, the Musk-owned startup behind Grok, which was launched about three years ago and has been spending aggressively to scale the infrastructure needed to stay competitive in Silicon Valley’s artificial intelligence race.
Google parent Alphabet raised $31.51 billion across U.S. dollar, sterling and Swiss franc bond markets in a global bond raise on Monday and Tuesday, as artificial intelligence-driven spending sparks a surge in borrowing at U.S. tech giants.
The company has differentiated itself by focusing its model training on coding, with Claude Code gaining strong traction among developers and helping the company gain an edge over rivals in the enterprise AI market.
Le Travenues Technology, the parent company of online travel aggregator Ixigo, will have the right to acquire the remaining stake in the future, subject to the fulfilment of agreed conditions, it said in a filing. This is Ixigo’s first major…
The Pentagon is pushing top AI companies, including OpenAI and Anthropic, to make their artificial-intelligence tools available on classified networks without many of the standard restrictions that the firms apply to users, Reuters reported. Anthropic is the only one that…
Ahead of the anticipated Global AI Impact Summit in New Delhi next week, industry leaders have praised India’s AI policy ecosystem and described the country as integral to AI. Vishal Sikka expressed optimism about breakthroughs, infrastructure, talent and safety discussions.…
A Niti Aayog report noted that industry must lead the shift into the AI era by reimagining its delivery model, deepening innovation, and investing in the next wave of growth. Firms need to pivot from cost-based services to outcome-driven, AI-enabled…
The report highlighted emerging demand in modernising legacy code, rewriting customized SaaS applications where needed, building AI agents for operations, ensuring AI trust and reliability, and integrating physical AI systems. Enterprise technology teams, long viewed as underfunded relative to business…
Eyewear retailer Lenskart on Wednesday reported a sharp jump in its net profit, which the management described as the start of a compounding phase where each additional rupee of revenue translates into a higher profit margin. On Thursday, Lenskart’s stock…
Artha Venture Fund, an early-stage venture capital firm, has led the removal of Souvik Haldar, founder and chief executive of Kolkata-based Vaadit Technologies, which operates crypto and dark web forensics platform Hornet, citing allegations of misconduct, misuse of company funds…
The largest US electric utilities are ramping up spending on new power infrastructure to meet surging demand from data centers, with companies like American Electric Power and Exelon unveiling expanded investment plans on Thursday and fielding questions about rising power…
Russia announced Thursday it had blocked WhatsApp over its alleged failure to comply with Russian legislation, days after restricting access to rival messaging service Telegram for similar reasons. It has since progressively slowed down WhatsApp and in November announced it…
Shares of Nasdaq-listed Palo Alto Networks will also trade on the Tel Aviv Stock Exchange, the cybersecurity firm said on Thursday, after it closed its $25 billion purchase of Israeli peer CyberArk Software. Following the dual listing, Palo Alto will…
In Taipei, real estate agent Jason Sung is betting that home prices around a high-tech industrial park in the northern part of Taiwan’s capital will soon take flight – because of computer chip maker Nvidia.
AI startup Anthropic has confirmed the departure of researcher Mrinank Sharma from its safeguards team. The exit comes in the wake of researcher Zoe Hitzig resigning from rival OpenAI.
The US Department of Commerce on Wednesday announced a $252 million settlement with Applied Materials for illegally exporting chipmaking equipment to China’s top chipmaker Semiconductor Manufacturing International Corp.
Brazil on Wednesday told Elon Musk’s social network X to stop its chatbot from creating sexually explicit images, the latest country to pressure the billionaire to fix the artificial intelligence tool. Indonesia became the first country to block Grok entirely…
The months-long rout deepened last week, with the S&P 500 software and services index posting its worst three-month performance since May 2002, Evercore ISI equity strategists said.
In a LinkedIn post, cofounder Sujith Narayanan said the company’s senior leadership went through a period of “honest reflection” to mobilise the firm’s resources in a different direction. This will mark a departure from Fi’s original mission of providing a…
ByteDance aims to receive sample chips by end-March, they said. The company plans to produce at least 100,000 units of the chip, designed for AI inference tasks, this year, according to one of the sources and another person. One of…
South Korea said in October that the U.S. startup planned to set up joint ventures with the Korean firms to build two data centres in the country with an initial capacity of 20 megawatts.
The forecast marks a setback for the ride-hailing provider’s comeback, fueled by a year of improving bookings growth, higher margins and expansion into new regions, and also overshadows a $1 billion share repurchase program.
Chandrika Krishnamurthy Tandon, a distinguished philanthropist and Grammy-award winning artist, described efforts of Prime Minister Narendra Modi and his government to prioritise AI as “stunningly impressive.”