Money & Machines: (UPI) Zero for Whom?; The Sovereign AI Dilemma
In this edition, we revisit the longest-running payments debate i.e. UPI MDR; and we explore what happens when sovereign AI, venture capital and national interest collide.
Explore the latest news, in-depth reports, and executive analysis tagged with #Anthropic.
In this edition, we revisit the longest-running payments debate i.e. UPI MDR; and we explore what happens when sovereign AI, venture capital and national interest collide.
In his new role, he will focus on helping the company tailor its AI products to meet the needs of customers in European and African markets.
The filing comes days after Anthropic raised $65 billion at a valuation of $965 billion, making it the world's most valuable AI startup ahead of OpenAI.
The funding round was led by Altimeter Capital, Dragoneer, Greenoaks and Sequoia Capital.
Bavi, who was formerly with companies including Microsoft and Nokia, has joined Anthropic as Head of Digital Natives, Startups and Growth for India.
While financial details were not officially revealed, reports suggest the deal could be worth more than $300 million.
The comes just days after Amazon agreed to invest a fresh $5 billion in Anthropic.
OpenAI has partnered with other Indian IT firms, including HCLTech and TCS, while Infosys has a separate collaboration with Anthropic.
The product -- Agent Studio -- also has a feature called "Build Your Agent", which allows businesses to create AI agents using natural language prompts.
The Sam Altman-led startup has also launched GPT‑5.4 Pro in ChatGPT and the API.
This funding round also includes a portion of the previously announced investments from Microsoft and Nvidia.
Anthropic's vibe-coding product 'Claude Code' will also be made available to ServiceNow engineers, developers and technical teams.
Anthropic's revised Constitution gains significance amid growing concerns about ethics in a rapidly evolving AI world.
The AI startup had last raised $13 billion as part of its Series F funding round in September last year.
India represents Anthropic's second-biggest market for Claude, its AI assistant.
The AI startup had last raised $13 billion as part of its Series F funding round earlier in September last year led by ICONIQ.
This initiative emerges as AI companies worldwide face increasing legal challenges over their use of copyrighted material for model training.
The next phase of partnership will help in deploying AI agents powered by Claude's advanced reasoning and Snowflake's governed data and AI environment.
Anthropic is also looking to raise a new funding round at a valuation of $300 billion.
In this edition, we write about ONDC, an experiment still thriving mostly inside Bengaluru's walls; and AGI timeline shifts.