DeepSeek unveiled two new V4 models and, unusually, offered a direct estimate of how their progress compares with US frontier labs—saying it is roughly 3–6 months behind. The admission adds context to the competitive AI landscape, suggesting that even when models look cutting-edge, the underlying development timeline may still trail the US lead.
RBI has cancelled the license of Paytm Payments Bank after previously barring it from accepting fresh deposits since 2024. The decision signals the bank can’t continue operations as it did earlier, putting its account holders and associated services in focus. The RBI action follows heightened regulatory scrutiny of payment banks and their compliance obligations.
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The US government says Chinese entities have been distilling American AI models, echoing claims long discussed by frontier labs. Officials say they will explore measures to hold foreign actors accountable, signaling potential policy or enforcement actions. The move raises tensions around AI IP, competitive advantage, and how countries regulate model extraction and reuse.
Anthropic says reports of “nerfed” Claude Code performance were caused by bugs that degraded the tool’s output. The company has released an update to address the issue and reset users’ rate limits, aiming to restore expected behavior and normalize usage after the malfunction. The fix comes amid growing scrutiny of model performance changes.
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