Wednesday, September 3, 2025

Retail booms, bots zoom, and frauds spike in the age of digital investing, observes the CTO of one of India's significant financial services players. Â read more...

Apple AI researcher for robotics joins Meta in latest exit

Apple is losing key AI researchers, including Jian Zhang to Meta and others to OpenAI and Anthropic. These exits follow poor response to Apple Intelligence and worsening internal morale. The company may shift to using third-party models. Meanwhile, Meta is investing heavily in robotics and attractin... Â read more...

OpenAI to acquire product testing startup Statsig, appoints CTO of applications

OpenAI is buying startup Statsig in an all-stock deal worth $1.1 billion. Statsig's CEO, Vijaye Raji, will lead product engineering at OpenAI, focusing on ChatGPT and Codex. The move comes just a few months after OpenAI acquired Jony Ive's former startup, io Products. Statsig will stay independent ... Â read more...

AI and cybersecurity: A new frontier for business innovation

A new study highlights the importance of artificial intelligence in cybersecurity. It says companies must shift their focus. Cybersecurity should not be just about protecting assets. It should also help businesses grow. Many CISOs struggle to show the value of cybersecurity. AI can help them respond... Â read more...

Tata Electronics, Merck sign pact to boost semiconductor materials, infra in India

Tata Electronics is building India's first fab in Dholera, Gujarat, with a total investment of â¹91,000 crores (~$11 billion). The facility will produce semiconductor chips for applications across the automotive, mobile device, artificial intelligence (AI), and other key segments, serving customers... Â read more...

Anthropic's valuation more than doubles to $183 billion after $13 billion fundraise

The "investment will expand our capacity to meet growing enterprise demand, deepen our safety research, and support international expansion as we continue building reliable, interpretable, and steerable AI systems," Anthropic said in a blog post. Â read more...

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