IBM shares sank over 13% after Anthropic’s Claude Code AI tool raised fears for its COBOL mainframe business, erasing $30 billion in value.
ZeroMobIt raises INR 1.5 Crore in pre-seed funding to scale its AI-native, compliance-first student mobility infrastructure across major Indian education hubs.
Kris@Work raises $3M seed funding led by Infoedge Ventures to build an AI-native GTM execution platform unifying revenue operations for enterprise teams.
HireBound, a Bengaluru-based recruitment tech startup founded by Sharad Vij and Kumar Vikramaditya, has raised $2 million in seed funding led by Kalaari Capital to scale its agentic AI hiring platform, deepen ATS and HRMS integrations, and expand into new global markets over the next two years.
Anthropic alleges DeepSeek, Moonshot AI and MiniMax ran massive distillation campaigns to copy Claude’s capabilities via millions of fraudulent exchanges, warning that stripped-down models without safeguards could fuel national security threats and erode US export controls.
EY’s Future of Pay report shows India Inc. moderating average salary hikes to 9.1% in 2026, with GCCs, AI roles and top performers leading gains as firms double down on skill-linked compensation, higher variable pay, ESG-linked leadership bonuses and sharper retention strategies amid easing attrition and sector-wise competition.
Honor Device Co. will debut a humanoid service robot at MWC in Barcelona, showcasing its ALPHA PLAN, AI hardware shift, and IPO ambitions alongside Magic V6 and Robot Phone.
SEBI Chairman Tuhin Kanta Pandey outlines a sweeping review of portfolio management services regulations as PMS assets hit Rs 10.5 trillion in India.
India and Brazil upgrade their strategic partnership with a Joint Declaration on a Digital Partnership for the Future, targeting AI, digital public infrastructure, rare earths, clean energy supply chains, defence co-production and health cooperation, while setting a $20 billion trade goal by 2030 and positioning themselves as Global South digital leaders.
Maharashtra launches the AI4 Agri 2026 conference in Mumbai, unveiling MahaVISTAAR upgrades, MahaAgriX, AI pest detection, and global partnerships to drive AI-led farming under the MahaAgri-AI Policy 2025–2029.
