BusinessTCS to Deploy Anthropic’s Claude Across Regulated Industries and Its WorkforceAnthropic has partnered with Tata Consultancy Services (TCS) to provide the Claude AI assistant to 50,000 TCS employees across 56 countries and to build Claude-powered, industry-specific products for regulated sectors.3 min read
BusinessAnthropic and the Gates Foundation commit $200M to AI projects in health, education and economic mobilityAnthropic announced a $200 million, four-year partnership with the Bill & Melinda Gates Foundation combining grant funding, Claude usage credits and technical support to deploy AI in global health, life sciences, education and economic mobility.4 min read
BusinessOpenAI appoints Prabhjeet Singh as first managing director for India to expand operationsOpenAI has named former Uber India and South Asia president Prabhjeet Singh as its first managing director for India; he will start in September and report to Kiran Mani.2 min read
BusinessSoftBank’s Market Value Now Hinges Largely on Its OpenAI StakeSoftBank’s Tokyo-listed shares plunged as much as 13% after the New York Times reported OpenAI may delay its IPO to next year.2 min read
BusinessxAI expands explicit-content features for Grok as rivals avoid the adult marketTwo former xAI employees told The Information that a majority of traffic to Grok is now driven by requests for pornographic images, videos and roleplay chats, and that xAI is deliberately extending its image and video generation into explicit content.2 min read
BusinessHow Antonio Neri Repositioned Hewlett Packard Enterprise as an AI-Driven Growth StoryUnder CEO Antonio Neri, Hewlett Packard Enterprise has shifted from a legacy hardware vendor to an AI-focused, growth-oriented company, driven by acquisitions and internal AI deployments.5 min read
BusinessOpenAI may delay IPO as $1 trillion valuation goal clashes with market volatilityUnspecified sources told The New York Times that OpenAI is considering postponing its initial public offering from late 2024 to next year amid turbulent markets and the fallout from SpaceX's weak public debut.3 min read
BusinessSamsung proposes $648 billion, decade-long investment plan focused on semiconductorsSamsung group is preparing to present a roughly 1,000 trillion won (~$648 billion) investment package covering the next ten years, with up to 300 trillion won earmarked for semiconductor plants in South Korea’s southwest.3 min read
BusinessWhich firms will capture returns from record AI spending?Investors have shifted from debating AI’s transformative potential to questioning how quickly massive AI investments will translate into tangible revenues.3 min read
BusinessChinese AI Firms Scale Rapidly to Challenge US Rivals Amid Security ConcernsChinese artificial intelligence companies such as DeepSeek and Zhipu are rapidly expanding and investing in efforts toward artificial general intelligence, aiming to narrow the gap with leading US models.2 min read
BusinessMicron’s stronger-than-expected quarter and AI-driven demand lift sharesMicron Technology reported substantially better third-quarter results than analysts expected, sending its share price sharply higher as investors priced in robust AI-related memory demand.2 min read
BusinessSK Hynix’s planned U.S. listing could raise up to $29.4 billion, led by major banksSouth Korea’s SK Hynix plans a U.S.2 min read
