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Anthropic rockets to 1 trillion valuation after three month absolutely wild rally

Anthropic rockets to 1 trillion valuation after three month absolutely wild rally

Anthropic has surged to a $1 trillion valuation, nearly tripling since January. The jump is being fueled by investors buying stakes on secondary markets, a sign of intense demand ahead of future growth and funding rounds. The fast run has analysts watching closely how private AI valuations keep reshaping the competitive landscape.

Summarised by Beize from a story on Entrepreneur on 24 Apr 2026
Sold out Mac mini drives eBay price spikes as AI demand reshapes buyers and sellers

Sold out Mac mini drives eBay price spikes as AI demand reshapes buyers and sellers

Apple’s Mac mini sellouts are triggering a wave of marked-up eBay listings as buyers chase the compact desktop for running local AI models and tools. With Apple’s supply limited, demand is shifting toward machines that can handle AI workflows without relying on the cloud, pushing secondhand prices higher even for modest configurations.

Summarised by Beize from a story on TechCrunch on 24 Apr 2026

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Instacart cofounder Apoorva Mehta launches AI hedge fund Abundance to run trades itself

Instacart cofounder Apoorva Mehta launches AI hedge fund Abundance to run trades itself

Instacart cofounder Apoorva Mehta has launched Abundance, a hedge fund built around thousands of AI agents that can handle trading, research, and stock selection independently. The plan goes beyond automation to replace human portfolio managers altogether, with some strategies already running solely on AI—betting that machine decision-making can process market information faster and better than people.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Google to pump up to 40 billion into Anthropic in AI race deal

Google to pump up to 40 billion into Anthropic in AI race deal

Google plans an initial $10 billion investment in AI startup Anthropic, with the overall deal potentially scaling to $40 billion. The move is meant to deepen ties as Anthropic’s AI tools face soaring demand. Google also wants to gain traction for its chips and cloud services, underscoring how aggressively tech giants are competing to lead the AI race.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Dow crashes 150 points as Nasdaq rockets on Intel’s AI earnings surge

Dow crashes 150 points as Nasdaq rockets on Intel’s AI earnings surge

US markets moved sharply in opposite directions: the Dow slid over 150 points while the Nasdaq rose nearly 0.9% and the S&P 500 held steady gains. The shock came from Intel’s more-than-25% surge after strong earnings, fueled by AI data-center demand and a near-10% weekly run in semiconductors. Rising oil above $100 from Iran tensions weighed on industrials, while consumer sentiment stayed near record lows.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
US chipmakers surge to record highs as Intel forecasts stoke AI spending optimism

US chipmakers surge to record highs as Intel forecasts stoke AI spending optimism

American chip stocks hit fresh record highs as Intel’s strong revenue forecast fueled confidence in the AI boom. The broader semiconductor sector followed with notable earnings momentum, lifting names like AMD and Arm. Even Nvidia, the world’s most valuable company, rose—signaling investors’ belief that demand for AI infrastructure will keep accelerating.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026

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DeepSeek Launch Sparks Wall Street Jitters Over US Tech Secrets Allegations Again

DeepSeek Launch Sparks Wall Street Jitters Over US Tech Secrets Allegations Again

DeepSeek’s much-anticipated launch is reigniting fears on Wall Street that the Chinese AI startup’s rise could again hinge on alleged improper use of U.S. technology. Washington and U.S. rivals have previously accused DeepSeek of benefiting from questionable sources, and traders are now watching whether the latest momentum triggers market volatility and renewed scrutiny.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Dow Jones tumbles as Nasdaq rockets higher in sharp US futures split

Dow Jones tumbles as Nasdaq rockets higher in sharp US futures split

US stock futures are flashing a split signal: Dow Jones futures fall while Nasdaq climbs nearly 1% and S&P 500 edges up. The rebound is being powered by strong earnings, with Intel surging after beating forecasts, alongside accelerating AI-driven demand and fresh defense momentum from an F-16 contract. Still, oil and trade risks keep investors selective.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Sarvam AI Nears 350 Million Funding Boost Valuation as India Builds Sovereign AI Leadership Ambitions

Sarvam AI Nears 350 Million Funding Boost Valuation as India Builds Sovereign AI Leadership Ambitions

Bengaluru startup Sarvam AI is reportedly in advanced talks to raise $300–$350 million, valuing it around $1.5–$1.55 billion, with Bessemer likely leading and major global investors expected to join. The funding push aligns with IndiaAI Mission efforts toward sovereign, localized AI, where Sarvam has showcased India-trained language models and voice-first systems supporting 22 languages, plus agentic tools for enterprise tasks.

Summarised by Beize from a story on TechnoVans on 24 Apr 2026
Apple names hardware chief John Ternus new CEO as Tim Cook shifts to executive chairman role

Apple names hardware chief John Ternus new CEO as Tim Cook shifts to executive chairman role

Apple has officially appointed John Ternus, its long-time hardware chief, as CEO starting September 1, 2026, replacing Tim Cook, who will become Executive Chairman of the board. The change marks Apple’s biggest leadership shift in 15 years. Ternus is expected to drive an AI-first, hardware-heavy strategy, while Cook will focus on global policy engagement and board leadership.

Summarised by Beize from a story on IndianWeb2 on 24 Apr 2026

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CENT launches Bengaluru prevention centre to standardise AI early disease detection across India

CENT launches Bengaluru prevention centre to standardise AI early disease detection across India

As India’s healthcare race heats up, preventive tech startup CENT has opened a 7,000 sq ft clinical screening centre in Bengaluru. Built to standardise AI-driven early detection, it aims to find life-threatening conditions in people without symptoms using a CCNM Protocol covering cardiac, cancer, neurological and metabolic tests, including whole-body MRI and ultra-low-dose cardiac CT.

Summarised by Beize from a story on YourStory on 24 Apr 2026
Apple names hardware chief John Ternus CEO and bets on AI inside iPhones

Apple names hardware chief John Ternus CEO and bets on AI inside iPhones

Apple’s long-time hardware leader John Ternus is set to become CEO in September, signaling a return to the company’s device strengths. Analysts expect his focus to blend AI capabilities directly into existing products, aiming to keep iPhone and related ecosystems growing as software competition heats up.

Summarised by Beize from a story on Republic on 24 Apr 2026
Anthropic’s Claude Mythos found thousands of zero days and banks are now on alert worldwide

Anthropic’s Claude Mythos found thousands of zero days and banks are now on alert worldwide

Finance minister Nirmala Sitharaman met bank heads after Anthropic’s limited release of Claude Mythos, an AI system built to find high-severity zero-day vulnerabilities. Regulators including the RBI, MeitY, NPCI and global central banks are assessing how fast such models could enable cyberattacks in banking and legacy systems. Banks are told to tighten monitoring, pre-emptively secure IT, and report incidents immediately.

Summarised by Beize from a story on Inc42 on 24 Apr 2026
SBI chairman predicts AI will overhaul financial markets risk and infrastructure from clearing to resilience

SBI chairman predicts AI will overhaul financial markets risk and infrastructure from clearing to resilience

State Bank of India chairman CS Setty says AI is set to revolutionize financial market infrastructure. He expects major changes in how risk is handled, with clearing organizations like Clearing Corp of India moving from post-trade processing to earlier, pre-emptive risk management. As systems digitize and scale, Setty stresses that cybersecurity and operational resilience must remain central.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026

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Amazon India invests 2800 crore for safer jobs, faster deliveries, and AI powered growth in every tier city

Amazon India invests 2800 crore for safer jobs, faster deliveries, and AI powered growth in every tier city

Amazon India says it will invest over INR 2800 crore (about $300M) to strengthen associate safety, health and financial wellbeing while expanding fulfillment and quick commerce to deliver faster across tier 2 and 3 cities. The plan, part of a $35B India investment through 2030, also adds AI tools for on-road safety and workload balancing, plus rest facilities, medical camps and insurance benefits.

Summarised by Beize from a story on IndianWeb2 on 24 Apr 2026
AI disinformation videos are derailing COP30 perceptions before delegates even arrive

AI disinformation videos are derailing COP30 perceptions before delegates even arrive

Ahead of COP30, analysts warn that AI-generated disinformation is shaping what people think is happening at the summit. A widely shared clip claiming the host Amazon city is flooded has been flagged as fabricated, with its creator apparently making up not just the flood, but also the reporter, residents, and even the location itself.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
US accuses Chinese entities of distilling American AI models and vows accountability steps

US accuses Chinese entities of distilling American AI models and vows accountability steps

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.

Summarised by Beize from a story on Office Chai on 24 Apr 2026
Budget pivots from concrete to code with data centres AI and semiconductors as growth pillars

Budget pivots from concrete to code with data centres AI and semiconductors as growth pillars

This Budget signals a clear shift in India’s growth strategy, elevating data centres, artificial intelligence, and semiconductors from niche tech to key national priorities. The “digital blueprint” frames these areas as the new engines for investment, jobs, and competitiveness—marking a departure from spending focused mainly on physical infrastructure.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026

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SpaceX AI spend soars as Starlink profits get pulled into cash-hungry bets

SpaceX AI spend soars as Starlink profits get pulled into cash-hungry bets

SpaceX’s IPO pitch signals a strategic pivot: its AI unit is projected to consume 61% of 2025 capital spending. Even with Starlink generating profits, the scale of AI investment—and possible deals tied to tools like Cursor—could stretch SpaceX’s cash runway against deep-pocketed Big Tech players.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
AI Credit Underwriting And Collections Could Reshape Banking Faster Than Many Expect

AI Credit Underwriting And Collections Could Reshape Banking Faster Than Many Expect

A new survey of 24 banks across segments points to growing optimism on credit expansion, with lenders expecting steady momentum in non-food credit. The bigger message: AI driven credit underwriting and collections are emerging as likely disruptors in banking, changing how lending decisions are made and how repayment is managed.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
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