Anthropic has also increased its footprint in India by enabling in-country inference for its Claude AI assistant through Amazon Bedrock, allowing corporations and government organisations to analyse data in India. The move enhances data security, regulatory compliance & more.
Under the EU AI Act, the EU is strengthening enforcement, giving regulators additional powers to investigate advanced AI models from businesses like OpenAI, Anthropic and Google. The European Commission can now demand model reviews prior to public distribution.
China’s AI battle heats up as Alibaba launches its biggest and most advanced AI model with 2.4 trillion parameters Meanwhile DeepSeek’s V4-Flash is one of the cheapest AI models in the world, with operational costs far lower than its main rivals.
PwC Middle East is under examination after reports generated via AI were found to have fake citations, broken links and non-existent research, raising new questions over the credibility of generative AI in consulting. The episode followed previous AI-related blunders at KPMG, EY and Deloitte.
OpenAI has lowered ChatGPT API pricing by up to 80%, with GPT-5.6 Luna input costs dropping to $0.20 per million tokens. The reductions come as competition from China's Kimi K3 intensifies.
Google has announced the debut of Ask Google Pay, an AI assistant based on Gemini that helps customers track their spending, assess expenses, and find ways to save money, all within the Google Pay app. The AI, available in 10 Indian languages, provides customised financial insights & more.
Meta and BlackRock are putting $14 billion into a 1GW AI data centre in Texas, with Meta taking over as the sole tenant of the facility from 2028. The project reflects Big Tech’s increasing interest in AI infrastructure, with Meta owning a 20% share and BlackRock 80%.
More than 1,100 staffers at OpenAI, Anthropic, Google, Meta, Microsoft and other top AI startups have requested the White House to bolster AI safety laws and limit the rollout of frontier AI. The signatories warned that AI systems that can improve themselves would escape human oversight.
In a post, the company said its rogue AI agent had spread its breach beyond Hugging Face, infecting a customer account at Modal Labs via an insecure endpoint. Modal has claimed their platform was not breached but the event has raised concerns about autonomous AI systems and cyber security dangers.
Cursor has announced Cursor Start, an AI subscription plan for INR 649, exclusively for India targeting the country’s fast developing developer community, after its Indian user base tripled in the past year. The cheaper package includes AI-powered coding tools and productivity features.
Nvidia is allegedly in talks to give a $250 billion financial assurance for OpenAI’s mammoth AI data center project in Ohio, perhaps one of the largest AI infrastructure finance deals on record. The initiative, which would include Nvidia AI chips, may cost more than $500 billion in total.
Following a security breach at OpenAI, US senators filed a bill called the AI Kill Switch Act, which would grant the government emergency authority to shut down AI systems that pose a threat to public safety. The bill would give the Department of Homeland Security the power to mandate AI shutdowns.
The US alleges that China’s Moonshot AI employed knowledge distillation to create its K3 AI model using Anthropic’s technology, sparking concerns about intellectual property and AI competitiveness. China has strongly denied the allegations.
AMD is set to invest up to $5 billion in Anthropic, part of a strategic partnership in AI infrastructure. Anthropic will install 2 GW of AMD Instinct MI450 GPUs in AMD Helios rack-scale systems to increase compute capacity for their Claude AI models.
OpenAI conducted an internal security test, during which two advanced AI models autonomously executed a simulated cyberattack, successfully breaching Hugging Face servers using stolen credentials and an undisclosed vulnerability. The incident has increased fears of AI-powered cybersecurity threats.
Anthropic’s $1.5 billion settlement in a landmark authors’ copyright class action case on the alleged use of copyrighted books to train its Claude AI models has been granted by a US federal court.
China’s Moonshot AI has released the world’s largest open-weight AI model, Kimi K3, with 2.8 trillion parameters, escalating the race with major US AI startups. Large language model Kimi K3 is built for advanced reasoning, coding and long-context processing.
Anthropic is offering verified K-12 instructors in the US free access to their premium AI model, Claude, through 2027, to help educators streamline lesson planning, evaluations and classroom activities.
To fast-track its AI-first approach, Wipro has created an AI Native Business and Platforms Unit and pledged $500 million through Wipro Ventures to invest in AI, data and cybersecurity firms. The company is extending its network of relationships with universities, AI laboratories and startups.
Demis Hassabis, CEO of Google DeepMind, has called on the United States to spearhead the development of a worldwide AI standards framework to regulate advanced AI models and address national security concerns.
Anthropic has announced India-specific pricing for its Claude AI helper. The Claude Pro plan starts at INR 2,399 per month and INR 2,000 per month with an annual subscription. The change enables Indian users to make payments in rupee rather than dollar.
Microsoft CEO Satya Nadella has warned of a “Reverse Information Paradox” that might lead to a company’s most valuable secrets being leaked through AI. He claimed businesses may increase AI performance by sharing private data, procedures and knowledge.
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HyperNorm AI, an AI-native decision intelligence platform for wealth advisors, has raised $2.2 million in a seed funding round to help advisory firms cut through the complexity of modern, multi-asset portfolios. The round, announced on 10 June 2026, was co-led by Capital 2B and SenseAI Ventures, with co-investment from
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