Google to invest up to $40B in Anthropic in cash and compute
Google plans to invest up to $40 billion in Anthropic and support the AI firm’s growing computing needs, Bloomberg reports. The Alphabet subsidiary is committing to invest $10 billion now, at a $350 billion valuation for Anthropic, with another $30 billion to follow if Anthropic hits certain performance targets, according to Anthropic. The promise of […]
X launches stand-alone XChat app on iOS
XChat, X’s stand-alone messaging app, launched to the public on Friday. Initially available on iOS devices, the new app allows users to connect with their X contacts for messaging, file sharing, audio and video calls, as well as group chats. The company first began publicly testing XChat with a small group of beta users earlier […]
Lodha Developers Q4 PAT jumps 9% YoY to Rs 1,008 cr | Capital Market News
Lodha Developers (formerly known as Macrotech Developers) reported consolidated net profit jumped 9.2% to Rs 1,008.1 crore on an 11.6% increase in revenue from operations to Rs 4,713.5 crore in Q4 FY26 over Q4 FY25. The companys profit before tax (PBT) climbed 6.5% YoY to Rs 1,263.9 crore in Q4 FY26. Net debt declined by […]
ComfyUI hits $500M valuation as creators seek more control over AI-generated media
ComfyUI, a startup that helps creators control image, video, and audio outputs from diffusion models with a node-based workflow, has raised a $30 million funding round at a $500 million valuation. The round was led by Craft Ventures, with participation from other investors including Pace Capital, Chemistry, and TruArrow. ComfyUI was started as an open-source […]
OpenAI and Foxconn collaborate to strengthen U.S. manufacturing across the AI supply chain
OpenAI and Foxconn are collaborating to design and manufacture next-generation AI infrastructure hardware in the U.S. The partnership will develop multiple generations of data-center systems, strengthen U.S. supply chains, and build key components domestically to accelerate advanced AI infrastructure. Source link
Sebi must lead KYC simplification across system: Finance Min Sitharaman | Markets News
Finance Minister Nirmala Sitharaman on Saturday asked the Securities and Exchange Board of India (Sebi) to take the lead in simplifying and standardising know-your-customer (KYC) processes across the financial system. Sitharaman called for a seamless, secure, and portable KYC architecture, in coordination with the Financial Stability and Development Council (FSDC) and other […]
Axis Bank consolidated net profit rises 1.71% in the March 2026 quarter | Capital Market News
Last Updated : Apr 25 2026 | 1:50 PM IST Total Operating Income rise 5.30% to Rs 34170.99 crore Net profit of Axis Bank rose 1.71% to Rs 7602.63 crore in the quarter ended March 2026 as against Rs 7475.13 crore during the previous quarter ended March 2025. Total Operating Income rose 5.30% to Rs […]
X-energy stock pops 27% on first day of trading following upsized IPO
X-energy’s stock popped today in its debut on the Nasdaq, opening at $30.11 before closing at $29.20, up 27% over its initial public offering of $23 per share. Investors can’t get enough nuclear power, apparently. Even the initial share price had been revised upward from the $16 to $19 target floated by the company during […]
Meta’s loss is Thinking Machines’ gain
Weiyao Wang spent eight years at Meta — his first job out of college — helping build multimodal perception systems and contributing to open-world segmentation projects, including SAM3D. His final day at Meta was last week, and he has since joined Thinking Machines Lab (TML). His move to TML comes as the AI startup expands […]
Two college kids raise a $5.1 million pre-seed to build an AI social network in iMessage
Series, a social networking app, announced that it raised a $5.1 million pre-seed round, with investors including Venmo co-founder Iqram Magdon-Ismail, Pear VC, Reddit CEO Steve Huffman, and GPTZero founder Edward Tian. The company was founded early last year by Yale students Nathaneo Johnson and Sean Hargrow, both still seniors at the university. Series considers […]