Hundreds of job seekers from across the state were left stranded in Pune after a polished software startup abruptly shut down its operations, leaving unpaid bills and bounced cheques.
India and South Africa to scale up bilateral cooperation in AI, digital infrastructure and advance manufacturing
Published on: June 3, 2026, 6:25 p.m. | Source:
The Tribune
Dr Jitendra Singh said that the next phase of India-South Africa engagement must be shaped by emerging technologies, innovation ecosystems, startup partnerships and industry-linked research. He said the two countries possess complementary strengths that can be leveraged to create affordable, scalable and inclusive technological solutions for the developing world.
DeepSeek To Raise $7 Billion In First Funding Round, Targets $59 Billion Valuation Amid China’s AI Push
Published on: June 3, 2026, 5:57 p.m. | Source:
NewsX
Chinese AI startup DeepSeek is reportedly seeking $7 billion in its first funding round, targeting a valuation of up to $59 billion. The funding push highlights China's growing self-reliant AI ecosystem amid ongoing US technology restrictions.
India, South Africa Deepen Ties in AI and Future Technologies
Published on: June 3, 2026, 5:46 p.m. | Source:
Devdiscourse
Dr Jitendra Singh said the next phase of India-South Africa cooperation should be shaped by emerging technologies, startup partnerships, innovation ecosystems and industry-linked research.
The Rs.60 Crore Playbook: How Noida Startup Blubox Media is Building India's Creator Infrastructure
Published on: June 3, 2026, 5:18 p.m. | Source:
Devdiscourse
India's creator economy is booming. What started as an experimental marketing channel has quickly become a critical corporate battleground. According to benchmark EY India reporting, the country's influencer marketing sector is projected to hit a massive ₹3,375 crore by the end of the year, growing at a steady double-digit pace.
The fund will be utilised to strengthen research and advisory capabilities, expand team across functions, and support market expansion, the startup said in a statement.
'Bhai India Me Kuch Bhi Ho Sakta Hai': Pune-Based IT Startup Vanishes Overnight Leaving 700 Employees Without Jobs, Salaries
Published on: June 3, 2026, 4:51 p.m. | Source:
News18
A Pune IT firm's sudden shutdown has left over 700 employees jobless, sparking allegations of unpaid salaries, bounced cheques and missing deposits as authorities investigate
India and South Africa agreed to deepen cooperation in emerging technologies, including AI, digital infrastructure and advanced manufacturing. In New Delhi talks, both sides stressed innovation-led partnerships, startup collaboration, biotech, health tech and renewable energy. They also reviewed astronomy cooperation under the SKA project and broader Global South engagement platforms.
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The funding will strengthen its core research and advisory capabilities, expand its internal teams across various business functions, and support its strategic expansion into new regional markets
DeepSeek Set to Raise $7.4 Bn in First Funding Round Backed by Tencent, CATL
Published on: June 3, 2026, 2:06 p.m. | Source:
Outlook Business
Chinese artificial intelligence (AI) startup DeepSeek is preparing to raise about 50 billion yuan ($7.4 billion) in its first funding round, a deal that could value the company at between 350 billion yuan and 400 billion yuan ($52 billion-$59 billion), according to Reuters.
India Funds Training for 25 Nepali Startups Under IIT Madras Innovation Programme
Published on: June 3, 2026, 12:10 p.m. | Source:
Outlook India
The initiative is funded by the Government of India through the Ministry of External Affairs and aims to connect Nepali entrepreneurs with India's startup and technology ecosystem.
'Exit immediately': Delhi startup faces flak for asking employees to take 20 30% pay cut
Published on: June 3, 2026, 11:37 a.m. | Source:
Business Today
Soon after the post went viral, netizens were quick to identify how big of a red flag this was and why the Redditor shouldn't see his long-term future at the startup.
SAP Labs India Unveils 2026 Startup Studio Cohort Focused on Enterprise AI and Deep
Published on: June 3, 2026, 10:15 a.m. | Source:
The Tribune
Bangalore (Karnataka) [India], June 3: SAP Labs India today announced the launch of SAP Startup Studio Cohort 2026, marking a decade of its flagship open innovation accelerator program focused on enabling startups to co-innovate, build enterprise-ready solutions, and scale through SAP's global ecosystem. The six-month accelerator brings together high-potential startups across enterprise AI, agentic systems, quantum-safe security, robotics, cloud infrastructure, industrial intelligence, and sustainable manufacturing, with a strong focus on helping startups 'build with SAP' through deep collaboration with SAP's product and engineering teams. Designed for early and growth-stage startups, the program provides access to SAP leaders, enterprise customers, partners, and global commercialization opportunities. The startups shortlisted for SAP Startup Studio Cohort 2026 include ANSCER Robotics, Oorja, Vizionsys Technologies, Astrikos, Drishya AI, Endee Labs, Grevoro, Quanfluence, QNu Labs, FUSKI AI, Ardent, Neoflo, SaarthiOS, Perceptory AI Labs, SecuAI, and Pulse Energy.
Discover how Thiruvananthapuram-based EdMe AI accurately predicted 63% of UPSC prelims questions, with an 85% match in current affairs. Learn how this AI-powered learning platform, built by CET alumni and backed by Kerala Startup Mission, helps aspirants study smarter with pattern-driven insights, detailed explanations and affordable prediction modules.
Published on: June 3, 2026, 8:40 a.m. | Source:
The Tribune
As India and Nepal deepen their engagements across all fronts, the second cohort of the India-Nepal Startup Partnership Network (IN-SPAN) programme commenced from Monday. Under this, 25 Nepali startups are undergoing an eight-week, fully-funded training and innovation programme at IIT Madras Pravartak Technologies Foundation in Chennai, India, the Embassy of India in Kathmandu said in a press statement.
The mushroom-tech startup that grew trees 13 times faster and raised £4.5 million to take on the world's forests
Published on: June 2, 2026, 8 p.m. | Source:
Times of India
Science News: Deep beneath every healthy forest lies an invisible web of mycorrhizal fungi, ancient, symbiotic organisms that have quietly sustained all the plant l.
IAN Alpha Fund co-leads Rs 45 crore funding round in aquaculture startup Aquapulse
Published on: June 2, 2026, 7:01 p.m. | Source:
Moneycontrol
Aquapulse follows an “aquapreneur” model where local entrepreneurs manage clusters of shrimp ponds with support in water quality monitoring, feed discipline, disease detection and harvesting coordination.
Indian space startup Skyroot Aerospace projects significant revenue growth, aiming for over Rs 13,000 crore by FY32, driven by launch services and satellite systems. Ahead of its maiden orbital launch, the company's space systems division is already generating revenue, with launch services poised to become the primary growth engine.
Amagi transformed from a regional TV advertising startup into a global cloud broadcasting platform, helping media companies create, distribute and monetise streaming channels worldwide.
This AI Startup Founder Sleeps In Office And Works 7 Days A Week, Sparks Grind Culture Debate
Published on: June 2, 2026, 5:21 p.m. | Source:
NDTV.com
He literally lives in the office, sleeps on a floor mattress, and built a 24/7 cafe inside the building because no local coffee shops were open late enough.
Deeptech startup funding nears 2025 levels as VC conviction strengthens
Published on: June 2, 2026, 4:41 p.m. | Source:
Livemint
Venture capital funding of deeptech startups has reached almost 80% of 2025 levels. The deeptech sector raised $1.1 billion as of June 1, highlighting a shift towards supporting early-stage companies and larger capital allocations, particularly in AI and defence technologies.
‘Am I Allowed To Do This?’: Woman Promotes Makeup Brand Inside Delhi Metro, Video Goes Viral
Published on: June 2, 2026, 3:50 p.m. | Source:
News18
A woman turned heads after using the women-only coach of the Delhi Metro to pitch her makeup startup, speaking directly to passengers about her brand and products.
I cracked 5 hackathons and earned Rs 8 lakh before completing my BTech
Published on: June 2, 2026, 2:57 p.m. | Source:
India Today
A student who entered college without any coding background says two years of hackathons, internships and startup work reshaped his career. His journey reflects a wider shift towards skills, real-world projects and AI-assisted learning over marks alone.
Bengaluru start-up uses dogs and AI to detect cancer
Published on: June 2, 2026, 2:56 p.m. | Source:
Devdiscourse
The startup, Dognosis, is combining the extraordinary smelling ability of dogs with AI-powered analysis to identify chemical compounds linked to cancer.
Indian startup suffers ₹2 crore loss, asks employees to take 20-30% pay cut for 2 months
Published on: June 2, 2026, 2:42 p.m. | Source:
Livemint
The matter came to light through a Reddit post in which the employee sought advice on whether to accept the proposal, negotiate for a stronger stake in the company, or begin looking for opportunities elsewhere.
Published on: June 2, 2026, 2:15 p.m. | Source:
The Tribune
Visakhapatnam (Andhra Pradesh) [India], June 2: Kitaabh.com, a cloud-based accounting software platform purpose-built for India's Chartered Accountants (CAs), accounting firms and small and medium businesses, today announced that it has crossed INR 8.5 crore in revenue -- a milestone reached without any spend on performance marketing, paid social, or digital agencies. Kitaabh.com is a 100% made in India with the entire product team based in Visakhapatnam.
Published on: June 2, 2026, 2:15 p.m. | Source:
Devdiscourse
Tech shares rose across mainland China and Hong Kong markets on Tuesday, led by gains in Tencent and Meituan, while investors cautiously evaluated Middle East peace talks. ** At the close, China's tech-focused STAR 50 was up 1.6%, Shenzhen's startup board ChiNext rose 2.7%, while Hong Kong's tech shares jumped 4.7%.
Axis Bank’s startup banking arm to expand clientele to 1,000 in near term, says top executive
Published on: June 2, 2026, 1:40 p.m. | Source:
Moneycontrol
Late-stage funding rounds have become more difficult, while domestic VC firms have become increasingly active, says Sanjiv Bhatia, group head, multinationals, new economy & financial sponsors, Axis Bank
LaunchVideo.com Becomes Biggest X Marketing Agency For Startup Launches In 2026
Published on: June 2, 2026, 1:34 p.m. | Source:
Republic World
As startups increasingly compete for attention in a crowded digital landscape, LaunchVideo.com has established itself as one of the most influential agencies helping founders turn product launches into viral moments on X.
Karan Patil shared that immigration constraints increasingly shaped his choices and left him prioritising legal status over building a meaningful life.
CREW Vacations LLP Marks Three Years of Redefining Premium Group Travel in India
Published on: June 2, 2026, 11:32 a.m. | Source:
The Tribune
Pune startup crosses 5,000 guests, achieves 78% repeat rate, and expands to seven cities; built on a simple belief that group travel shouldn’t mean compromise Pune, 2 June, 2026: Three years ago, JOY-N-CREW Vacations LLP set out to answer a...
Startup co-founder leaves US after 12 years and shifts to India - but what led to the decision?
Published on: June 2, 2026, 11 a.m. | Source:
Times of India
Trending News: For years, moving to the United States has been a goal for many students, researchers, and professionals seeking new opportunities. Yet behind the car.
Delhi Startup Asks Employees To Take 30% Salary Cut After Rs 2 Crore Blunder; Internet Says 'Time To Find A New Job'
Published on: June 2, 2026, 10:30 a.m. | Source:
News18
A Delhi startup’s request for a 20-30% salary cut after a colleague’s Rs 2 crore mistake has triggered debate online, with many questioning the fairness and legality of the move
700 Jobs, Vanished Overnight: The IT Startup That Left Pune's Freshers With Empty Accounts & Locked Door
Published on: June 2, 2026, 9:37 a.m. | Source:
News18
Interns paid Rs 15,000 as security deposit to join. It was never returned. One X user's advice: "If a company asks for any security deposit, stay away."
Quote of the day by Google CEO Sundar Pichai: “When you have a good group of people, and you get along, you can get through…”
Published on: June 2, 2026, 9:33 a.m. | Source:
Times of India
Tech News News: This quote attributed to Sundar Pichai keeps appearing in leadership talks, workplace essays and startup commentary. It is not a flashy statement, mor.
‘They want a 30% pay cut’: Delhi startup demands employees pay for coworker’s ₹2 crore blunder
Published on: June 2, 2026, 6:45 a.m. | Source:
Hindustan Times
The employee shared that the founders promised that employees who agree to take a 30% pay cut due to someone else’s mistake will be given ESOPs. | Trending
Japan's MUFG is launching a significant $250 million fund for Indian startups. This new fund will focus on early and growth-stage companies, especially in fintech. This move comes as other major investors have slowed their activity. MUFG's initiative aims to fill this gap, backing India's digital growth. The fund could expand to $400 million.
"Ecosystems Build Nations": Gautam Adani After Meeting 17 Startup Founders
Published on: June 1, 2026, 11:11 p.m. | Source:
NDTV.com
"Met 17 of India's most compelling startup founders earlier today, most of them building at the frontiers of deep tech," Adani Group Chairman Gautam Adani said in a post on social media
AI giant Anthropic files for stock market debut in US
Published on: June 1, 2026, 9:51 p.m. | Source:
CNBC TV18
AI startup Anthropic has confidentially filed for a US IPO, setting up a major test of whether investors will keep backing the artificial intelligence boom.
After 12 years in US, startup co-founder explains why he is moving back to India: 'I’m heading home now'
Published on: June 1, 2026, 9:36 p.m. | Source:
Hindustan Times
The man said that he had always tried to make choices based on long-term strategy rather than necessity, but found that increasingly difficult. | Trending
Amid the growing use of AI and robotics in modern warfare, a new tech startup is looking to develop and deploy ‘dual-use’ autonomous humanoid robots for military applications as well as heavy industrial environments. Foundation Future Industries is a San Francisco-based robotics company with ties to the family of US President Donald Trump.
Forget Shark Tank: This Woman Pitched Her Makeup Startup In Delhi Metro Coach | WATCH
Published on: June 1, 2026, 5:31 p.m. | Source:
Times Now
A woman promoting her makeup startup inside the women-only coach of the Delhi Metro has gone viral, with many praising her unconventional marketing approach., Viral, Times Now
A new trade deal between India and Europe opens doors for businesses. However, companies like Hostinger from Lithuania already found success in India by understanding local needs. They focused on affordable, user-friendly online tools. This shows that early localization and market understanding are key to winning in India, not just trade agreements.
Published on: June 1, 2026, 4:31 p.m. | Source:
Outlook Business
Kyro Capital launched a ₹100-crore pre-IPO private equity AIF to invest in emerging companies ahead of listing, targeting strong growth opportunities in India’s startup ecosystem.
Designed to enhance the communication and interaction skills of students, Iris will step into classrooms during free periods and whenever teachers.robot teacher, robotic educator, artificial intelligence education, Iris robot, classroom technology, student interaction, learning enhancement, personalized learning, future of education, Kerala startup mission, school automation, educational robots, teaching assistant robot, AI in schools, robotic learning companion
People by WTF: Nikhil Kamath and Martin Escobari Say India Needs Startup Role Models, Not Regulation
Published on: June 1, 2026, 4:27 p.m. | Source:
Republic World
In the latest People by WTF podcast episode, Nikhil Kamath and General Atlantic's Martin Escobari discuss global instability, market volatility, and India's startup barriers.
Startup founders face a daily challenge. They must project confidence even when uncertain. This leadership trait keeps teams motivated. Jasveer Singh, Knot Dating CEO, highlights this hidden struggle. Founders manage fear and doubt internally. They acknowledge failures and learn from them. This resilience defines the founder journey, though it remains largely unseen.
Sarvam AI slashes Vision API pricing by two-thirds after processing 35 million pages
Published on: June 1, 2026, 3:35 p.m. | Source:
Firstpost
India's AI startup Sarvam AI is making its document intelligence platform significantly cheaper after seeing rapid adoption. With more than 35 million pages already processed through Sarvam Vision, the company says infrastructure improvements have enabled a major price reduction, potentially widening access to AI-powered document digitisation across industries.
‘Completely Burned Out’: Young Entrepreneur Explains Why He Moved From India To Dubai
Published on: June 1, 2026, 1:13 p.m. | Source:
News18
Entrepreneur Mehul Mohan, founder of Fermion, moves from Bengaluru to Dubai indefinitely after a clean exit from startup, citing burnout with the Indian system the prime reason
This startup CEO spent $13,000 AI bill on OpenAI’s Codex in a single month
Published on: June 1, 2026, 11:26 a.m. | Source:
Business Today
Dan Shipper, CEO of Every, recalled the spend as the highest AI bill he has paid. He said, “I got some side eye from our COO, Brandon Gell, on that one.”
The Renault Empire Story - How a Tragic Race Death Forced Louis to Pivot
Published on: May 31, 2026, 11:49 p.m. | Source:
Times Now
Co-founder Marcel’s tragic 1903 racing death forced Louis to take full control, transforming their young startup into Renault—one of the global automotive giants that today sells 23 lakh cars annually., Auto, Times Now
German chipmaker Infineon to expand India ops with new R&D and supply chain investments
Published on: May 31, 2026, 6:11 p.m. | Source:
Livemint
The semiconductor giant plans to nearly double its local workforce by 2030 to support India's green energy goals through new design partnerships and startup collaborations, senior vice president Vivek Mahajan told Mint.
Founded by Maguluri and Sriram Velliyur, the Hyderabad-based med-tech startup has sold 30,000 Curapod units in the past 15 months. The devices have been used in more than 2,00,000 recorded pain management sessions. Maguluri says his mother’s pain initially made him create a solution, but his perspective changed completely after he began interacting with more […]
How AI startup’s $500 million monthly bill may be a wakeup call for tech companies using AI freely
Published on: May 31, 2026, 3:37 p.m. | Source:
Times of India
Tech News News: An AI startup accidentally burned through half a billion dollars in just one month on an artificial intelligence (AI) platform after forgetting to set.
Meet Rounak Adhikary: Ashneer Grover once told him ‘Tu Baith Jaa Yaar’ and cut off his pitch mid-sentence; now he's living every startup founder's dream
Published on: May 31, 2026, 12:54 p.m. | Source:
Times of India
People News: Most viral stories on the internet last a few days. This one took four years. Back in 2022, a young entrepreneur named Rounak Adhikary stood up at a p.
Meta is building a new AI pendant designed to record and transcribe your daily conversations: Report
Published on: May 31, 2026, 9:39 a.m. | Source:
Livemint
Meta plans to launch an AI pendant to recover losses in its Reality Labs division. The device is said to use the technology from Limitless, the AI startup that the company bought last year.
The Delhi High Court has ruled Google liable for trademark infringement in keyword advertising, a decision lauded by Indian startup founders like Nithin Kamath and Sridhar Vembu. This verdict could curb practices where competitors bid on trademarked names, diverting traffic and forcing brands to spend on their own keywords.
Chandigarh University Research Scientist Receives Startup Research Grant of Rs 24 Lakhs
Published on: May 30, 2026, 4:17 p.m. | Source:
The Tribune
Grant to Develop Future-Ready Wheat Varieties to Mitigate Climate Change Impact on the Crop CHANDIGARH, India, May 30, 2026 /PRNewswire/ -- Giving fillip to the cutting-edge research in crop biotechnology and sustainable agriculture, the research faculty and students at Chandigarh...
Chief scientist and co-founder of Europe’s most prominent AI startup warns region cannot afford to rely on US for Superintelligence: ‘Very soon in …’
Published on: May 30, 2026, 4:06 p.m. | Source:
Times of India
Tech News News: The chief scientist and co-founder of Mistral AI, Europe’s leading artificial intelligence (AI) startup, has issued a stark warning: Europe must urgen.
Karki also spoke about the growth of his company, Anthromind, which has since taken off and given him the opportunity to work with several notable companies.
Karki also spoke about the growth of his company, Anthromind, which has since taken off and given him the opportunity to work with several notable companies.
Byju Raveendran’s Crash Course in Arrogance, Debt, and VC Enabling
Published on: May 30, 2026, 12:34 p.m. | Source:
The Quint
Byju Raveendran’s Jail Sentence: There is much to “learn” from Byju’s—on how not to run a startup, and how education is not a fast-moving consumer goods business.
Indian Startup Founder Shares Candidate’s Honest Reply After Rejecting Job Offer; Internet Applauds His Professionalism
Published on: May 29, 2026, 9 p.m. | Source:
News18
Two months after saying no, the candidate explained clearly that the US remote role’s pay was much better, and his honesty made the founder respect him even more
AI startup offers free home cleaning, but workers to wear head-mounted cameras: ‘sensitive information...'
Published on: May 29, 2026, 7:45 p.m. | Source:
Livemint
The company said the videos collected during the cleaning sessions would be used to train humanoid robots, which it believes could independently perform household chores in the future.
MMRDA on Thursday signed an MoU with the Tech Entrepreneurs Association of Mumbai during Mumbai Tech Week 2026 to strengthen the Mumbai Metropolitan Region’s startup and AI ecosystem. Signed in the presence of CM Devendra Fadnavis, the partnership will support AI job fairs, startup accelerators, hackathons and GCC integration to attract investment and create technology-driven jobs.
'Bloodbath' at San Francisco startup, laid off employees share '9 am email horror' and more
Published on: May 29, 2026, 6:31 p.m. | Source:
Times of India
Tech News News: Webflow, a popular website-building and hosting platform, has become the latest company to announce a major workforce restructuring, leaves a huge num.
Meet the Indian startup building AI that lets businesses create WhatsApp workflows in under a minute
Published on: May 29, 2026, 5:45 p.m. | Source:
Zee News
For Chandu, founder of MSC Services based in Wanaparthy in the Indian state of Telangana, WhatsApp had been at the heart of his business long before he ever learned about AI technology.
My Print Honoured as 'Most Trusted Name in Customized Printing Startup Business Solutions' from Siliguri, West Bengal at Rashtriya Ratna Samman 2026
Published on: May 29, 2026, 4:56 p.m. | Source:
The Tribune
New Delhi [India], May 29: In a grand celebration of entrepreneurial excellence and business innovation, the highly anticipated Rashtriya Ratna Samman 2026, organised by the premier business recognition entity Brand Empower, was held at Bharat Mandapam in New Delhi. Watch Award Video Here! This spectacular corporate gala brought together India's most influential industry leaders, visionary startup founders, and dynamic innovators under one luxurious roof. Adding a profound layer of political gravitas and star power to the momentous evening, Ms. Kangana Ranaut, Member of the Lok Sabha and celebrated Actor, presided over the ceremony as the Chief Guest. Her commanding presence shone a well-deserved spotlight on remarkable enterprises that are actively driving self-employment and grassroots economic growth across the nation. Highlighting an extraordinary commitment to empowering new business owners, My Print was proudly crowned with the highly coveted title of 'Most Trusted Name in Customized Printing Startup Business Solutions from Siliguri, West Bengal'.
Big pay cheques, intense interviews: What does it take to get hired at Anthropic?
Published on: May 29, 2026, 3:35 p.m. | Source:
Firstpost
Anthropic is not hiring like a typical tech company. Alongside eye-watering salaries reportedly reaching $850,000, candidates face deeply personal interviews about ethics, discomfort and unpopular opinions. The AI startup behind Claude appears obsessed with one thing beyond technical brilliance: finding people it believes can responsibly shape humanity’s AI future.
Anthropic beats Sam Altman's OpenAI to become world's most valuable AI startup
Published on: May 29, 2026, 1:49 p.m. | Source:
Times of India
Tech News News: AI giant Anthropic has overtaken rival OpenAI to become the world’s most valuable artificial intelligence startup after a blockbuster $65 billion Seri.
GrowQR Takes the Stage at Bihar AI Summit 2026, Announces GCC Plans for the State
Published on: May 29, 2026, 1:36 p.m. | Source:
The Tribune
Patna (Bihar) [India], May 29: Bihar does not usually make headlines for technology. But on May 23 and 24, something shifted. More than a thousand people students, startup founders, government officials, researchers, and industry veterans gathered at Urja Auditorium in Patna for the Bihar AI Summit 2026, a two-day conference built around a single, ambitious question: what happens when one of India's most populous states decides to show up for the AI era?
A year after quitting his high-paying Bengaluru job to launch a startup, Aksht Jain says startup life still feels more rewarding as he no longer has to ‘deal with office politics’.
Anthropic Surpasses OpenAI With $965 Bn Valuation After Latest Fundraise
Published on: May 29, 2026, 12:57 p.m. | Source:
Outlook Business
Anthropic has raised $65 billion in a Series H funding round led by Altimeter Capital, Dragoneer, Greenoaks and Sequoia Capital, valuing the artificial intelligence (AI) startup at $965 billion post-money.
AI startup Anthropic has reportedly reached a massive $965 billion valuation after raising $65 billion in fresh funding. The milestone places the company ahead of rival OpenAI for the first time and marks one of the biggest private funding rounds in technology history. (Sources: WSJ, CNBC, Bloomberg, Reuters) Anthropic surpasses OpenAI
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Anthropic becomes most valuable AI startup, beats OpenAI with near $1T valuation
Published on: May 29, 2026, 7:26 a.m. | Source:
India Today
Anthropic has reportedly overtaken OpenAI after a $65 billion funding round valued the Claude maker at $965 billion. The move sharpens the contest for AI scale, compute and a possible stock market debut.
Anthropic overtakes OpenAI in valuation battle, becomes world’s most valuable AI startup
Published on: May 29, 2026, 6:08 a.m. | Source:
Firstpost
Anthropic has overtaken OpenAI to become the world’s most valuable AI startup after a $65 billion funding round that values the Claude-maker at $965 billion, intensifying the global race for AI dominance
The concerns gained urgency after controversy around startup Pronto’s in-home recording pilot sparked wider questions over how “physical AI” systems may learn from people’s routines, conversations, movement patterns and behaviour inside private spaces.
How Anthropic became world's most valuable AI startup, surpassing OpenAI with $965 billion valuation
Published on: May 29, 2026, 5:09 a.m. | Source:
Livemint
Dario Amodei's San Francisco-based artificial intelligence company is now valued at $965 billion, surpassing OpenAI's $730 billion valuation in one of the largest private funding rounds in technology history.
Groq is seeking $650 million from its investors. This comes after a significant $17 billion licensing deal with Nvidia. Groq is now concentrating on AI inferencing. Investors are set to receive payouts from the Nvidia deal. They will then have the chance to invest in Groq's new phase. This move signals a strategic shift for the AI chip startup.
On the eve of Mumbai Tech Week, Sharad Sanghi of Neysa AI, Aakrit Vaish of Activate, and Naiyya Saggi of EDT spoke with ETtech editor Samidha Sharma about data centres, India’s AI investment gap, and building a startup ecosystem in the city.
CNN sues AI search startup Perplexity for allegedly copying news stories without permission
Published on: May 28, 2026, 8:10 p.m. | Source:
CNBC TV18
CNN has sued AI startup Perplexity, accusing it of copying thousands of articles, videos and images to power its AI search engine without permission or payment.
CNN sues Perplexity, accuses AI startup of illegally reproducing articles through AI-powered search tools
Published on: May 28, 2026, 7:49 p.m. | Source:
Moneycontrol
CNN has sued AI startup Perplexity, accusing the company of unlawfully copying and distributing its copyrighted journalism, including paywalled content, without permission or payment.