As the Pentagon pushes for battlefield AI, some military leaders urge caution

The Trump administration is pushing for AI in the U.S. military, facing calls for safeguards from companies and military leaders. Defense Secretary Pete Hegseth champions rapid AI evolution, clashing with tech firms like Anthropic over ethical concerns and autonomous weapons. President Trump prioritizes maintaining America's AI lead over potential restrictions.

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Adani says US legal issues behind it, bets on AI-driven infrastructure boom

Gautam Adani announced the Adani Group has overcome US legal challenges and is accelerating investments in energy, transport, and digital infrastructure. The conglomerate is positioning itself to capitalise on AI-driven growth, with significant capital expenditure in renewable energy, data centres, and logistics. Adani emphasised the group's commitment to nation-building despite past scrutiny.

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SoftBank to spend $87.5 billion on AI centres in France: Son

Japanese tech investor SoftBank will spend 75 billion euros ($87.5 billion) on artificial intelligence infrastructure in France, its founder Masayoshi Son told a French newspaper in an interview released Saturday. "75 billion euros in total," Son told La Tribune Dimanche weekly ahead of a French investment conference hosted by President Emmanuel Macron.

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Blue Origin investigates rocket explosion as public is warned about possible wreckage washing ashore

Blue Origin's New Glenn rocket exploded during a test firing, causing significant damage to its launch pad. This incident is a major setback for the company's plans, including its role in NASA's Artemis program. The explosion occurred just a month after the New Glenn fleet was grounded due to an engine issue.

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ETtech Deals Digest: Startups raised $1.11 billion in May, up 37% on-year

Indian startups secured approximately $1.1 billion in May, a significant 37% year-over-year increase, driven by Rapido's substantial $240 million funding round. While overall capital raised surged, the number of funding rounds saw a decline compared to the previous year. Late-stage deals dominated the funding landscape, accounting for the majority of the capital deployed.

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Listed digital payment majors finally turn a corner in FY26

Growth in the core payments business, expansion across credit products and wider adoption of revenue-generating payment instruments like credit cards on UPI, helped payment companies strengthen their bottom lines.

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Anthropic raises $65 billion, now valued at $965 billion

​Anthropic ​said on Thursday ‌it ⁠has ⁠raised $65 ​billion ​in ​a ⁠series ‌H ​funding ​round, valuing ⁠it at $965 ​billion ​post-money.

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Anthropic to roll out Claude Mythos in coming weeks, launches Opus 4.8

Mythos ​is the AI ​lab's large language model with advanced ‌cybersecurity capabilities that have ​raised concerns ​among ⁠executives and world leaders about its ​impact.

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No governance issue with shareholder resolution, will hold revote soon: Swiggy group CEO Sriharsha Majety

The resolution sought to amend Swiggy’s articles of association as part of a broader push to become an Indian Owned and Controlled Company (IOCC). It failed to secure the required 75% supermajority from shareholders, falling short by a slim margin at the meeting on May 21. Becoming an IOCC will allow Swiggy to operate its quick commerce business on an inventory model. Currently, in accordance with the foreign investment rules, it runs as a marketplace of sellers.

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Anthropic strengthens India team, appoints Sangeeta Bavi to lead startups

Announcing the move in a post on LinkedIn, Bavi pointed to her long ties with the founder community. "Founders have always held a special place in (my heart)," she wrote. "Their ambition, resilience and belief that they can change the world have taught me more than any other form of learning. That’s why joining Anthropic as Head of Digital Natives, Startups & Growth, India feels deeply meaningful."

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Rising AI adoption to drive $23 billion into India's data centres by 2030: Report

India’s data centre capacity is set to grow at a 26% CAGR over the next five years, according to a report. It highlighted that AI-led infrastructure demand alongwith rising cloud and digital adoption is expected to nearly triple India’s built data centre capacity from 1.6 GW in 2025 to 5 GW by 2030.

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