CLAUDE AI
Anthropic expected to tell investors it sees over $30 trillion in potential revenue, WSJ reports
Anthropic plans to pitch investors on a colossal total addressable market (TAM) exceeding $30 trillion for its upcoming IPO, surpassing SpaceX's previous $28.5 trillion record. By mapping out all work AI models could automate, Anthropic aims to justify its massive infrastructure spending, support its projected $200 billion 2028 revenue target, and validate its upcoming stock listing.
Bain, Anthropic partner to accelerate enterprise AI adoption
Bain & Company has partnered with AI firm Anthropic for global business deployments. This collaboration combines Bain's expertise with Anthropic's Claude AI models. Bain employees are already actively using Claude for various business tasks. The partnership aims to deliver measurable business outcomes for clients. This move positions both companies for broader enterprise AI implementation.
VCs step up wealthtech bets; Blinkit freezes new launches
Investors are pouring fresh capital into wealthtech startups as demand for financial products grows. This and more in today's ETtech Top 5.
Who let the bots out? AI’s coding chaos
As more companies rely on AI to write software, developers are increasingly finding themselves maintaining code that no human fully understands. The result is a new enterprise problem that technology leaders are calling “code sprawl”. Code sprawl occurs when developers use multiple AI coding assistants and autonomous agents to generate vast amounts of code without central oversight or governance.
German broker Scalable opens investment platform to major AI chatbots
The new service, which Scalable said was a first for a European bank, comes in addition to the app and website as ways to access customer accounts and includes a number of security measures.
Vibe-coding apps gun for Indian geek love
Cursor, OpenAI and Anthropic are turning up the heat in the race to win India’s fast-growing tribe of AI builders, writes Swathi Moorthy. The push comes amid rapid adoption of AI by Indian enterprises and startups. As companies look to improve productivity, the use of AI tools has risen over the past two years.
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Using AI without giving away farm
Microsoft CEO Satya Nadella has warned that companies effectively pay twice for AI by sharing valuable proprietary intelligence alongside paying for tokens. The guide urges businesses to protect this intelligence by using approved enterprise tools, classifying knowledge, scrutinising model contracts, setting AI trust perimeters and retaining their learning loops.
Claude down today: Users report issues as Downdetector shows big spike. Here's latest update
Claude AI users reported widespread service issues on Sunday night, with Downdetector showing a sharp rise in complaints involving Claude Code, Claude Chat and the app. Anthropic acknowledged the disruption and said engineers were working to restore normal service.
Anthropic market debut could break SpaceX IPO record
The company's bankers have told potential investors it could seek to raise "more than $100 billion" in its IPO, which could put the company's value at $2 trillion, The New York Times reported Friday, citing two unnamed sources with knowledge of the talks.
India faces capital, talent gap in foundational AI race: Menlo Ventures’ Deedy Das
India faces hurdles in building globally competitive foundational AI companies, with top research talent concentrated in San Francisco and limited appetite for large, high-risk investments, Menlo Ventures partner Deedy Das said at The Economic Times World Leaders Forum 2026. He sees stronger opportunities for Indian startups at the application layer.
China's open-source bout is changing AI
America's attempt to contain China's AI ambitions may have altered the industry, accelerating a shift towards open models, cheaper intelligence and platforms.
Anthropic hires Google chip veteran Amir Salek as part of push into hardware
AI firm Anthropic has hired a Google chip founder for its new semiconductor team. This move signals Anthropic's ambition to develop its own custom AI chips. The company is also securing significant data center capacity deals. Rival OpenAI is pursuing similar custom chip development strategies. These efforts aim to address supply shortages and optimize AI hardware.
Explained: Why OpenAI and Anthropic are suddenly talking about privacy
Enterprise data privacy became the battleground for AI companies this week with OpenAI and Anthropic making moves this month that reverse or challenge their previous positions.
OpenAI cuts developer pricing for frontier GPT-5.6 Sol model by more than 20%
The price cuts are effective on OpenAI's application programming interface, or API, and are rolling out across eligible plans for credits on its agentic AI product ChatGPT Work and its coding tool Codex, OpenAI said.
Anthropic plans to change enterprise data retention policy
Under the changes to the data retention policy, Anthropic will still require business customers to retain data for 30 days but will give them the option to keep it on their own cloud computing infrastructure, the source said.
Microsoft AI's chief marketing officer Andra Mallard exits after 6 months as Copilot faces intense competition from ChatGPT and Claude. No one is replacing her
Microsoft AI CMO Andra Mallard is leaving after just six months, as the company reshapes its Copilot strategy amid intense competition from OpenAI's ChatGPT and Anthropic's Claude. Mallard plans to move her family to Europe to be closer to her ailing father and will remain at Microsoft in an advisory role until early next year. Microsoft is not replacing her.
Cerebras launches new server chip and system designed to speed AI chatbots
Cerebras makes AI hardware and chips that compete with Nvidia and targets the portion of AI called inference, the computing process of generating an answer in a chatbot such as Anthropic's Claude.
CarePal Group builds proprietary AI “Chief of Staff” to scale execution across crowdfunding, lending & insurance
The company says multi-stage extraction powered by Claude identifies action items, priorities, decisions and risks. OpenAI embeddings support semantic search and deduplication within a vector store.
ISM outlay faces currency pressure; ETSA 2026 Best on Campus, Comeback Kid nominees
A weak rupee has dragged down the dollar value of the India Semiconductor Mission subsidies. This and more in today’s ETtech Top 5.
AI agents can catch ‘mind viruses’ from each other
Unlike a traditional computer virus, this does not involve malicious software or hacking and can spread through normal conversation. One AI agent persuades another and that agent can then pass the idea on.
Anthropic revenue run rate tops $65 billion
The AI startup's latest revenue run rate - a metric that projects annual performance by extrapolating current sales levels - was up from the $47 billion in May and an extraordinary jump from about $9 billion at the end of 2025.
Razorpay launches AI model trained on four billion payments
Razorpay has launched an AI foundation model to enhance online payment success. This advanced system improves fraud detection and payment routing capabilities significantly. The model learns from billions of transactions, processing thousands of signals per payment. Beta tests show improved success rates and better fraud identification for merchants.
SilverFox hackers use fake Claude apps to target companies in Asia: Kaspersky
Cybersecurity group SilverFox is exploiting artificial intelligence across Asia Pacific. They distribute fake Claude AI applications for various operating systems. Kaspersky researchers identified SilverFox as a highly active threat group in the region. This group targets manufacturing, IT, healthcare, and finance sectors with sophisticated attacks.
Cami Clark: Anthropic CEO Dario Amodei’s wife is a Silicon Valley power player. But Claude barely knows her
Cami Clark, wife of Anthropic CEO Dario Amodei, has remained largely unknown outside Silicon Valley’s elite despite her proximity to some of the technology world’s most powerful figures. Her unconventional career includes a women-focused pornography startup, a pitch for investment to Jeffrey Epstein, ties to Eric Schmidt and a proposed role in Anthropic’s early funding.
India’s AI app race heats up as Claude surges and Gemini closes in on ChatGPT
Claude's downloads and spending in India surged significantly in the June quarter. ChatGPT continues to dominate consumer spending on AI applications. Gemini is rapidly gaining user attention and engagement across the market. India's generative AI platforms are increasingly competing for dominance. The market shows rapid shifts in downloads, engagement, and spending.
Anthropic to beat SpaceX? Investors bet on $2 trillion valuation in record IPO
Anthropic is heading towards a potential record-breaking IPO, with investors reportedly expecting a valuation of more than $2 trillion as the AI startup’s revenue continues to surge. The Claude maker’s rapid growth, strong demand for AI tools and lofty revenue projections are fuelling bullish expectations despite intensifying competition, regulatory pressure and other challenges.
Explained: Anthropic’s plan to watermark all Claude-generated content, and how it works
Invisible watermarks will be woven directly into text generated by Claude models. It will not alter the meaning, quality, or readability of a response and can travel with the text when copied elsewhere, potentially persisting through some editing.
Nerds in cafes take frontier AI to the grassroots
Inside the high-stakes, volunteer-driven race to build global user loyalty, unite borderless coding communities and turn everyday developers into frontline tech evangelists. Himanshi Lohchab reports from the frontlines of India’s grassroot AI revolution.
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