Anthropic Suspends New AI Models After US Government Restricts Foreign Access

Artificial intelligence company Anthropic has temporarily withdrawn its latest AI models after receiving a directive from the U.S. government to limit access for foreign nationals due to national security concerns. The company confirmed that it has suspended access to its newest models, Mythos 5 and Fable 5, after U.S. officials raised concerns over a potential…

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Flipkart Delays IPO Plans Amid Market Volatility

Flipkart has reportedly paused its plans for an initial public offering (IPO) as ongoing market uncertainty continues to affect India’s technology and startup investment environment. According to reports, the Walmart-owned e-commerce giant has decided to delay discussions related to its stock market listing due to rising volatility in financial markets and growing uncertainty caused by…

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Ola Electric Invests Rs 2,000 Crore to Expand EV and Battery Manufacturing

Ola Electric has approved a major investment of Rs 2,000 crore into its electric vehicle and battery manufacturing businesses as the company strengthens its focus on localisation and large-scale production. According to a recent regulatory filing, the company’s board approved an investment of Rs 1,500 crore into its subsidiary Ola Electric Technologies and an additional…

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South Korean Manufacturing Giants Back Config in Major Robotics Data Push

Leading South Korean manufacturing and technology companies are investing in Config, a fast-growing startup focused on building data systems for robotics artificial intelligence. The Seoul- and San Jose-based company recently secured $27 million in an oversubscribed seed funding round led by Samsung Venture Investment. The investment pushed Config’s valuation beyond $200 million and increased its…

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Vercel Signals IPO Readiness as AI-Driven App Growth Boosts Revenue

Vercel is showing strong growth as artificial intelligence continues to transform how applications are created. The company’s CEO, Guillermo Rauch, recently indicated that the company is preparing for a potential initial public offering (IPO), supported by rapid revenue expansion driven by AI-generated apps. Speaking at a recent technology conference in San Francisco, Rauch highlighted how…

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