Latest AI News
Adobe, LinkedIn Offer Free AI Skills Programme for Marketers
Adobe and LinkedIn have launched a joint global initiative offering free, role-specific AI training for marketing professionals across digital marketing, content, social, and analytics.
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Databricks to Acquire Panther, Further Deepening its Security Lakehouse Category
This acquisition will support Databricks’ effort to replace outdated SIEMs by operationalising detection and response on a unified security lakehouse.
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How boAt Convinced Ideaspring to Back Indian Chips Startup With $13 Mn
Ideaspring sees HrdWyr as part of a new generation of startups building the hardware layer for physical AI.
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Unilever Partners with Accenture to Scale Digital Twins Across Global Manufacturing Network
Over the next 18 months, Unilever plans to develop 40 new digital twins to enhance operational insights and automate processes.
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TCS Bags Digital Transformation Mandate From Tottenham Hotspur
TCS has signed a multi-year partnership with Premier League club Tottenham Hotspur to drive its digital transformation.
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Oracle Introduces AI-Powered Assistant for Hotels Through OPERA Cloud Platform
The new OPERA Cloud Assistant allows hotel employees to ask operational questions in natural language and receive instant guidance without consulting manuals or supervisors.
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SpaceX Acquires Cursor, the AI Coding Startup Competing With Claude Code and OpenAI Codex
SpaceX has acquired AI coding startup Cursor in a $60 billion (roughly Rs. 5,66,500 crore) all-stock deal, bringing a prominent competitor to Anthropic's Claude Code and OpenAI's Codex under its growing artificial intelligence business. The acquisition follows months of collaboration between the two companies on AI model training and infrastructure, and comes days after SpaceX's public market debut. The deal also marks the latest step in SpaceX's efforts to expand its presence in the AI sector by combining software development capabilities with large-scale computing resources.
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Enterprise AI’s Real Problem Isn’t the Technology, It’s the Execution
Enterprise AI’s real frontier isn’t more workflows, it’s execution. With 78% of organisations stuck in pilot mode and only 14% reaching production scale, the gap between AI ambition and operational reality is 2026’s defining leadership challenge.
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Madhya Pradesh Explores AI-Driven Governance Solutions With Gnani.ai
The discussions focused on how emerging technologies can help improve accessibility, efficiency, and responsiveness in public service delivery
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Anthropic’s latest feud with the Trump admin may actually help it, sales data suggests
Anthropic is having a month. The AI lab finished May by surpassing OpenAI in market share of business spending for the first time, Ramp justrevealed. It raised $65 billion at a $965 billion valuation (also besting OpenAI) at the end of May, then waltzed into June by filingconfidential paperwork for an IPO, reportedly on the strength of itsfirst-ever profitable quarter. Then on Friday, the Trump administration renewed its war on the model maker by sending a letter demanding it ban non-Americans, including Anthropic’s employees, from accessing its state-of-the-art models: the limited-release Mythos 5 and the more guarded version of Mythosreleased to the public three days earlier, called Fable 5. This essentially forced Anthropic to pull its latest all-powerful model from the market altogether. Although the White House invoked an obscure export control directive when ordering the ban, the exact cause remains unclear. Thechatter was that hackers easily bypassed Fable 5’s guardrails, which were intended to prevent access to Mythos’ capabilities. That model is so good at finding security flaws in software code that Anthropic itself marketed it as dangerousand restricted its public release. This new drama comes after Anthropic famously refused to allow the government to use its models for mass surveillance of Americans and fully autonomous weapons. As a result, in March, the Trump administration declared the companya supply-chain risk. That didn’t deter Anthropic’s sales to businesses. Quite the opposite, Ramp’s data shows. Ironically, this latest feud with the Trump administration, which also appears to validate the hubbub over Mythos’ mythological power, may help rather than hurt Anthropic, according to Ramp’s lead economist, Ara Kharazian. Kharazian is the person who compiled the business-spending AI data. “If anything, it’ll probably boost them,” Kharazian told TechCrunch. “Anthropic’s best month on record, as far as business adoption, was the month that the Department of Defense labeled them a supply-chain risk. There’s a lot of aura that comes with your model specifically being named too dangerous to use.” Ramp’s data isn’t granular enough for us to see how much of a financial hit the company will take by pulling Mythos and Fable 5 off the market. Still the data, from more than 70,000 businesses that use its platform, shows that customers heavily use Anthropic’s Opus models and that business use has been growing. For instance, Ramp reported that Anthropic’s share of AI subscriptions paid for by businesses rose 2.5 percentage points in May to 41%. This compares to OpenAI, which commanded 39.5% of AI subscriptions by its customers, essentially flat from the prior month. (OpenAI still greatly leads Anthropic in overall consumer usage, according tonew data from Sensor Tower.) Beyond subscriptions, the vast majority of what companies spend money on is API calls to the model, which cover token use for activities like coding. Anthropic’s Claude Code has a strong reputation as a powerful AI coding tool. Ramp can’t always see from the spending data which models most businesses are using. When it can see the model details — in about one-third of transactions — businesses are mostly spending on various flavors of Claude Opus, particularly the later versions. Opus is the model that preceded Mythos and is still openly available. In fact, in late May, Anthropicreleased a new version, Opus 4.8. Mythos had not been on the market for that long, having been released to limited users as of April. And Fable 5 was shut down after a few days. While we can’t predict how this latest drama with the White House will impact Anthropic’s ability to go public as it hoped to (public-market investors tend to be wary of companies embroiled in controversies with the government), the numbers indicate that Anthropic’s available models are more popular with businesses than ever before.
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Reliance Is Sabotaging Telegram Access Outside India, Claims Pavel Durov
Telegram CEO accuses Reliance of disrupting Telegram access beyond India through alleged BGP route hijacking, claiming the issue affected users in countries including the UAE and was propagated across international networks.
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SpaceX valuation balloons to $2.6T, briefly passes Amazon
SpaceX briefly passed Amazon to become the fifth-most valuable company in the world, and nearly eclipsed Microsoft, before the company’s shares pared back those gains before the market closed Tuesday. The newly public company’s stock had already climbed 20% on Monday — its first full day of trading. Tuesday’s news thatSpaceX was acquiring AI coding company Cursor, along with the start of options trading on SpaceX’s shares, sent the share price even higher, spiking its valuation to $2.9 trillion before it ultimately settled back down. This is all despite the fact that SpaceX posted a $4.9 billion loss on $18.7 billion in revenue last year, compared to Amazon, which turned a $78 billion profit in 2025 on $717 billion in sales in 2025. SpaceX has recently added new revenue streams in the form of compute leasing deals with Anthropic and Google, though, and will absorb the revenue from Cursor when that deal closes in the third quarter. The Anthropic and Google deals are non-binding, but investors don’t seem to mind either way. Elon Musk’s space-and-AI company had added roughly $1 trillion to its valuation since going public on Friday. That transaction netted SpaceX nearly $86 billion in fresh capital, largely on promises that it can create an AI business worth trillions of dollars — a wild claim for a company that recently tore its AI division down to the studs. SpaceX first revealed a collaboration with Cursor in April, at a time when Musk said his AI company xAI — now a part of SpaceX — “was not built right [the] first time around” and that he was rebuilding it “from the foundations up.” SpaceX is making the acquisition with $60 billion in company shares. SpaceX’s historic IPOsaw it debut with a valuation of around $1.7 trillion, and the transactionraisednearly $86 billion for Musk’s company. SpaceX only made about 4% of its total shares available for trading, which experts predicted would make the stock more susceptible to wild swings. That appeared to be the case Tuesday, as traders swapped more than 300 million SpaceX shares throughout the trading day — more than half of the 555 million available on the public market post-IPO, according to data fromthe Nasdaq stock exchange. The volatility continued into after-hours trading, which saw SpaceX’s valuation briefly eclipse Amazon’s market cap for a second time before falling again.
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