Nobel laureates among more than 200 experts urging action on AI's economic impact

They issued ‌the jointly ⁠signed ⁠statement on Monday, warning that AI could drive a larger ​economic transformation than the Industrial Revolution but one that is "vastly ​shorter" in time frame, raising questions for workers, companies and public institutions.

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Canada regulator cited Anthropic's Claude Mythos in warning to banks on cyber risks, email shows

The regulator, ​the Office of the Superintendent of Financial Institutions, sent the email to chief technology officers, chief information security officers, and chief risk officers across the financial industry, including the big banks and insurers, according to documents Reuters obtained through an access-to-information request.

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Elevation’s new India fund; InsuranceDekho charts D-Street path

Happy Tuesday! Elevation Capital is looking to back early-stage AI startups in India from its newest fund. This and more in today’s ETtech Morning Dispatch.

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Anthropic rolls out rupee pricing for Claude AI in India

This shows India's growing importance across Anthropic's markets. India accounts for about 6% of global Claude usage. The AI giant opened an office in Bengaluru earlier this year and roped in former Microsoft MD Irina Ghose to head operations.

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TCS CEO on Q1 performance; B Capital on India’s IPO market

Happy Monday! TCS top deck told us that the coming quarters will see macroeconomic pressures ease and AI deals swell. This and more in today’s ETtech Morning Dispatch.

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Meta to put AI chip into production in September as it looks to double computing capacity

The tech firm's data center chip, code-named "Iris," is part of a four-generation project for Meta Training and Inference Accelerators (MTIA) that it will design in-house. The plan is to use custom-built silicon to improve the AI that powers its Facebook and Instagram social media platforms.

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Anthropic extends Fable 5 access through July 19

In a post on X, the company said, "We're extending Claude Fable 5 access on all paid plans, as well as keeping Claude Code’s weekly rate limits 50% higher, through July 19."

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AI, human leadership key to future of project management, says expert

Speaking after inaugurating WAVES 2026, the 16th Annual Project Management Conference of the PMI Kerala Chapter here, Dawber said organisations need leaders who can inspire people across disciplines and adapt to a rapidly changing technological landscape, according to a statement on Sunday.

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Tata Consultancy Services plans up to 8,900 AI deployment engineers, seeks AI acquisitions

Tata Consultancy Services is building a large team of forward-deployed engineers. The company is also actively seeking artificial intelligence acquisitions. This strategy aims to create new business opportunities rather than disrupt outsourcing. TCS believes deep client knowledge is key to integrating and deploying AI systems. The firm is investing significantly in talent development and AI accessibility.

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WhatsApp username rollout put on hold after govt notice

Telegram has also submitted its response to the government that last week issued formal notices to the messaging platforms, directing them to immediately halt the rollout of the username feature. These platforms currently rely on mobile phone numbers for user identification.

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Nvidia supplier King Yuan Electronics to invest up to $1.4 billion in US facility

King ​Yuan Electronics said the investment is intended to support ​operational growth ⁠and strengthen ‌its position in ​the ​global supply chain.

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