Indian engineer quits Microsoft to build AI startup
An Indian man left a Rs 1.9 crore Microsoft job and now earns Rs 5.4 lakh with his own AI startup, according to a profile.
Business & Policy
Archive, page 6
Monday 12 October 2026
Tampa AI startup wins backing from FLF
A serial founder's Tampa-based AI startup has secured backing from FLF. Financial terms and product details were not disclosed.
DeepSeek leads $400M round for ex-Tencent scientist's robot lab
DeepSeek is leading a $400 million funding round for a robotics AI startup founded by a former Tencent AI scientist, valuing the company at $400 million.
DeepSeek
Salesforce turns agent allowlist into a CRM product
Salesforce has introduced a product that manages which AI agents are permitted to act within its CRM, turning agent access control into a commercial feature.
SalesforceClosed
Brokers warn ChatGPT quote declines may make consumers feel uninsurable
Insurance brokers warn that quotes declined by PCW and ChatGPT could convince consumers they are uninsurable, prompting concern over automated underwriting tools.
HCLTech signs pact with Anthropic, sets up business unit
India's HCLTech has signed an agreement with Anthropic and will establish a dedicated business unit to deliver Anthropic AI services to enterprise clients.
HCLTech
More: Reuters, The Indian Express
Financial Times argues AI can unleash human creativity
An FT opinion piece argues that used correctly, AI can enhance rather than destroy the creative class.
FTC opens probe into AI safety at Anthropic and OpenAI
The FTC has opened a probe into AI safety practices involving Anthropic and OpenAI, according to ABC News.
FTC
AI bond rating startup calls OpenAI debt junk, Anthropic near investment grade
An AI-powered bond rating startup rates OpenAI debt as junk and Anthropic as barely investment grade, per Forbes.
OpenAI seeks ChatGPT ads in agency media plans
Digest reports OpenAI wants ChatGPT ads included in agency media plans; Xbox launches a film and TV division.
OpenAI
Birmingham graduates' AI startup StudyStash sold in 13 months
Profile of StudyStash, a pre-ChatGPT AI startup founded by Birmingham graduates and sold within 13 months.
StudyStash
AI leaders warn of catastrophic cyberattack within a year
AI leaders warn a catastrophic cyberattack could occur within a year, according to Ynetnews.
Anthropic publishes Claude guide for business development reps
Anthropic released material on using Claude for business development representative workflows.
AnthropicClosedOfficial
Ex-HSBC executive Trista Sun launches AI wealth management startup
Trista Sun, a former HSBC managing director, launched an AI-driven wealth management startup using teams of AI agents, targeting a billion-dollar valuation by changing how people manage investments.
TikTok CEO says people adopt AI agents without understanding them
TikTok's CEO says people are rushing into AI agents without understanding how they work.
TikTok
Indosat opens AI platform with 101 catalogue entries
Indonesian telco Indosat launched an AI platform offering 101 catalogue entries for enterprise and developer use.
IndosatAPI
Intel CEO says Chinese AI model adoption is moving very fast
Intel's CEO says Chinese frontier AI models such as DeepSeek, Kimi and GLM are seeing very fast adoption due to lower costs.
Intel
Chinese AI models take top five spots in global weekly token usage ranking
Global Times reports Chinese AI models, led by DeepSeek, hold the top five positions in a global weekly token usage ranking.
DeepSeek
IP Group leads £4M funding round for AI startup Matte
IP Group led a £4 million funding round for AI startup Matte.
Matte
Salesforce acquires e-commerce AI startup Loops
Salesforce acquired e-commerce AI startup Loops, which had raised $3.5 million to smooth online shopping experiences; Salesforce stock gained on the news and a BofA double upgrade.
Salesforce
More: SiliconANGLE, Yahoo Finance
Report: IREN lands multiyear Anthropic cloud deal, stock jumps
IREN shares rose nearly 9% on a report of a multiyear cloud services deal with Anthropic, though some outlets noted the deal was initially unconfirmed; other AI compute stocks held flat.
IREN
Securonix extends behavioral analytics to detect threats from AI agents
Securonix expands its behavioral analytics product so security teams can detect threats coming from AI agents operating in their environments.
SecuronixClosed
Anthropic launches Critical Infrastructure Defense Program with security firms
Anthropic launches a Critical Infrastructure Defense Program with security firms to protect industrial operational technology environments from threats.
AnthropicClosed
China's State Council reports AI-enabled spending boosting holiday economy
China's State Council Information Office reports that AI-enabled spending is fueling the country's holiday economy. No figures are given in the source.
Microsoft 365 Copilot to auto-apply strict security labels to audio summaries
Microsoft 365 Copilot will automatically apply strict security labels to audio summaries it generates, according to Microsoft's updated behavior.
MicrosoftClosed
Ecosia drops Mistral AI models for Chinese open-weight alternatives
Search engine Ecosia is moving away from Mistral AI models to Chinese open-weight alternatives, though its FAQ still names Mistral for AI Overviews.
Ecosia
More: digitimes
TikTok CEO predicts major AI scientific breakthroughs within three years
TikTok CEO Chew said AI will drive major scientific breakthroughs within three years, but warned stronger safeguards are needed as autonomous systems spread.
TikTok
DeepSeek doubles funding round to 100B yuan
DeepSeek reportedly doubles its second-round financing to 100 billion yuan at a steady valuation, part of a wave of large raises by Chinese AI firms including Moonshot AI and Manus.
DeepSeek
FT research warns of 'worrying omens' for global economy
Research for the Financial Times finds major economies withstanding the Iran shock, but rising public debt concerns will loom over IMF and World Bank meetings.
FT examines hidden leverage of AI hyperscalers' data center leases
While equity investors focus on AI's sunny future, creditors are scrutinizing hyperscaler liabilities such as data center leases.
China's factories leap into agentic AI, Black Lake CEO says
Black Lake CEO says Chinese manufacturing is skipping ahead directly into agentic AI and exporting that playbook to global supply chains, the way China skipped credit cards.
Black Lake
XRP Ledger AI agent payment network tops 13 million cumulative total
The XRP Ledger's AI agent payment network has expanded, with its cumulative total passing 13 million.
XRP Ledger
Kakao stock hits historic low amid AI delays and spam scandal
Kakao shares hit a historic low amid reported AI delays and a spam scandal.
Kakao
Vitalize raises $31M Series A for AI hospital staffing platform
Vitalize raises a $31 million Series A to build an AI operating system for hospital staffing and capacity management.
VitalizeClosed
US restores UK access to pre-release frontier AI models for safety testing
The US reverses course and restores UK AI Safety Institute access to pre-release OpenAI and Anthropic models for testing, a UK minister says.
Fujitsu launches trial environment for retail AI agents
Fujitsu launches a trial environment for retail AI agents that support store operations and business decision-making.
FujitsuClosed
Sunday 11 October 2026
PUFsecurity builds silicon root of trust for AI agent security
PUFsecurity positions its silicon root of trust as the foundation for securing AI agents.
PUFsecurityClosed
EU says AI Act can contain rogue agents, starts enforcement
EU tech chief Henna Virkkunen said the AI Act's guardrails can handle risks from rogue AI agents, as the bloc announced its first enforcement actions after agent incidents.
European Union
More: Unite.AI
Amazon in talks to buy AI startup Decart for around $7 billion, WSJ reports
Amazon is reportedly in talks to acquire Decart, an AI startup, for around $7 billion, according to WSJ. Nvidia and Anthropic reportedly walked away from the deal earlier.
AmazonClosed
Nvidia reportedly in talks to buy AI startup for $25 billion
Stocks Down Under reports Nvidia is in talks to buy a $25 billion AI startup. The source does not name the target company in the text provided.
Nvidia