Sarvam raised $234m led by HCLTech ($150m) at a $1.5bn valuation, making the Bengaluru sovereign-AI company India's newest AI unicorn.
Zhipu shares surged as much as 48% as JPMorgan and BofA bet China's cheap, open AI models win the ground the US ceded by restricting Anthropic.
Adani and Jabil plan an alliance to manufacture gigawatt-scale AI data-centre racks in India, a "Make in India" bet to become an AI-hardware exporter.
Monday.com has launched Monday Ventures, a fund of up to $200m for Israeli workplace-AI startups, with $50m deploying first and three deals already done.
For one Friday night, the world’s smartest software went dark on the say-so of a single government. The directive may be reversed; the precedent will not be.
Kazakhstan signed accords with Nvidia-backed startup Firebird to build AI data centres, a deal worth up to $10bn as it bids to become a regional AI hub.
Nvidia is marketing its first bond sale since 2021, seeking at least $20bn across seven tranches, mainly to refinance debt as AI-era borrowing surges.
Tencent-backed Enflame won approval to raise about 6 billion yuan ($888m) on Shanghai's STAR board, the last of China's four big AI chipmakers to list.
A customer's lawsuit claims Anthropic oversold usage on its $100 and $200 Claude Max plans, and seeks refunds and class-action status for US buyers.
NewCore has emerged from stealth with $66m at a $300m valuation to secure the identities of both employees and AI agents, taking aim at Microsoft and Okta.
American Express is buying TheFork, the European restaurant-booking platform, from Tripadvisor for $700m, growing its dining network to 75,000 venues.
Meta licensed the face recognition in its smart glasses from Rank One, a Pentagon contractor that earns 80% of revenue from governments, WIRED reports.
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