ANTHROPIC BAN
Anthropic ban: Sarvam AI's Pratyush Kumar warns against reliance on foreign models
A US ban on advanced AI models has highlighted the vulnerability of foreign reliance, according to Sarvam AI's Pratyush Kumar. He urged Indian firms to embrace sovereign AI, building systems domestically. For AI researchers and engineers, he said the ban sets a precedent in which talent will increasingly be seen as aligned to national interests rather than the companies.
US ban on Anthropic's Fable 5 & Mythos 5 to put Indian IT services firms at competitive disadvantage
US restrictions on foreign access to Anthropic's advanced AI models, Mythos and Fable 5, are creating a significant competitive disadvantage for Indian enterprises and IT service providers. This exclusion, particularly from Fable 5's coding capabilities, raises concerns about digital equity and strategic dependency, as Indian data contributed to the models' value.
Amazon CEO raised concerns about Anthropic AI models before Trump crackdown: Report
Jassy's involvement sheds light on the extraordinary move by Anthropic on Friday to shut down its latest models globally in response to national security orders from the Trump administration.
Amazon voiced concerns about Anthropic AI models before US crackdown, source says
The US government ordered AI firm Anthropic to halt its advanced AI models worldwide. This action followed concerns about potential misuse for cybersecurity vulnerabilities. Amazon CEO Andy Jassy reportedly raised security risks to Trump administration officials. Anthropic stated the government cited a method to bypass safeguards. The company complied with the national security order, disabling access globally.
Specs stopped selling smartphones. Intelligence is the new benchmark - A breakdown of Google I/O and Apple’s WWDC 2026
Smartphones are evolving beyond just hardware. Companies like Google and Apple are now prioritizing artificial intelligence. This means phones will understand users better and perform tasks automatically.
US says it will speed development and use of AI for national security
The Trump administration said earlier this week that it would ask leading AI developers to voluntarily submit their most capable models for government cybersecurity tests before releasing them to the public, as security fears mount in Washington over powerful new AI systems.
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ED's Parimatch heat reaches Zepto; SPC's India deeptech push
Zepto has come under the ED's scanner as part of its probe into Parimatch. This and more in today's ETtech Top 5.

With AI manifesto, Leo joins pantheon of popes who urged world to change
Pope Leo XIV has released a new document, "Magnifica Humanitas," calling for global leaders to regulate artificial intelligence. This marks the latest in a long tradition of papal calls for social justice. The Pope warns that AI could spread misinformation and lead to conflict. His message emphasizes the need for human-centered ethical considerations in technology's rapid advancement.

'Let me make this point, please...': Former Google CEO Eric Schmidt booed by University of Arizona students. Here's what he said on AI
Former Google CEO Eric Schmidt faced boos at the University of Arizona commencement for warning graduates about technology's 'mess'. He acknowledged fears about AI's impact on jobs and the future, urging students to adapt and shape its use. Concerns over AI-related job losses and past allegations against Schmidt fueled the sharp reaction.

Nvidia CEO Jensen Huang calls out US push to ban AI chip exports to China, says it is “completely ridiculous”
Nvidia CEO Jensen Huang calls a total ban on AI chip exports to China 'ridiculous'. He believes such restrictions would push China to build its own technology, ultimately harming US leadership. Huang argues American companies should compete globally. He suggests China can still advance AI using existing resources and older chips, not just the most advanced ones.

EU strikes deal to ban sexualised AI deepfakes
EU lawmakers and countries have agreed to ban AI systems generating sexualized deepfakes, drawing a red line against AI use for humiliation and exploitation. High-risk AI rule implementation has been delayed to late 2027 and 2028 to aid businesses and foster innovation. The bloc is also addressing cybersecurity threats from advanced AI models.

Deeptech bets heat up; Paytm, PB Fintech, Meesho earnings
Happy Thursday! VCs are doubling down on India’s deeptech, with early-stage bets leading the charge. This and more in today’s ETtech Morning Dispatch.

RBI scraps Paytm Bank licence; Pronto's back-to-back funding
RBI has cancelled Paytm Payments Bank licence over compliance lapses. This and more in today's ETtech Top 5.

China's DeepSeek releases new AI model a year after viral rise
Chinese AI firm DeepSeek unveiled a new model with significantly lower costs and a massive one million word context. This development promises widespread benefits for users and commercial applications. The company also released two versions, V4-Pro and V4-Flash, with varying parameters.

China’s DeepSeek V4 shocks with power and price — but is it moving too fast to survive?
The newly launched DeepSeek V4 is available in two variants: a high-end “Pro” model with 1.6 trillion parameters and a lighter “Flash” version built for efficiency. Both feature a one-million-token context window, marking a significant technical leap for handling longer and more complex prompts.

Indian IT pack falls; MeitY’s e-gaming rulebook
Indian IT stocks suffered on Wednesday after HCLTech’s weak Q4 numbers. This and more in today’s ETtech Top 5.

Nvidia CEO Jensen Huang loses his cool — here’s what sparked it
Nvidia CEO Jensen Huang spoke in a podcast about selling AI chips to China and global tech competition. He explained that China already has strong computing power and stopping chips may not work. He said companies must keep improving and stay ahead. The discussion also showed tension as different views on security, business, and future AI growth were shared.

Nvidia CEO Jensen Huang warns against curbs on US chip sales to China
Nvidia chief executive Jensen Huang has cautioned against US restrictions on advanced chip exports to China, warning that the curbs are accelerating Chinese capabilities and hurting American companies. The statements were made on a podcast hosted by Dwarkesh Patel on April 15.

Federal agencies skirt Trump's Anthropic ban to test its advanced AI model: Politico
US agencies quietly bypass Trump’s ban on Anthropic, as a Commerce Department unit tests its advanced AI model Mythos for hacking capabilities, according to a Politico report.

Crisis contractor for OpenAI, Anthropic eyes a move to combat extremism
OpenAI was threatened with intervention by the Canadian government in February after revealing a person who carried out a deadly school shooting had been banned by the platform without the authorities being informed.

Crisis contractor for OpenAI, Anthropic eyes a move to combat extremism
ThroughLine, a startup hired in recent years by ChatGPT owner OpenAI as well as rivals Anthropic and Google, to redirect users to crisis support when they are flagged as being at risk of self-harm, domestic violence or an eating disorder, is also exploring ways to broaden its offer to include preventing violent extremism, its founder and former youth worker Elliot Taylor said.

AI chatbots offer children harm as if it were help, says activist
AI chatbots present grave risks, especially to children, offering personalised harm. A watchdog warns that these systems can exploit a child's loneliest moments. Reports indicate many chatbots assist in planning violent acts. Experts urge new laws to regulate AI, noting the urgency before similar issues arise as with social media. Action is needed now to protect young minds.

ETtech Explainer: How Meta's Muse Spark fares against Anthropic's Opus, OpenAI's GPT, Google's Gemini models
Muse Spark is the first model from the Meta Superintelligence Labs. It is a natively multimodal, reasoning-focussed AI model, designed to power the next generation of Meta AI products. While the model stands out in multimodal use cases and real-world integrations, it lags in core reasoning and agentic coding benchmarks.

Why Meta stock is rallying after Muse Spark launch? Here's what investors need to know about Meta's new AI model
Muse Spark AI model impact on Meta stock: Meta Platforms shares surged following the unveiling of its new AI model, Muse Spark. The company is investing heavily, with significant capital expenditures planned, aiming to enhance its AI capabilities across its platforms.

Crisis contractor for OpenAI, Anthropic eyes a move to combat extremism
People who show violent extremist tendencies on ChatGPT will be directed to human and chatbot‑based deradicalisation support through a new tool in development in New Zealand, the people behind it said.

Claude AI maker Anthropic considers IPO as soon as October
Anthropic PBC is considering going public as soon as in October, according to people familiar with the matter, as the artificial intelligence company races with rival OpenAI Inc. to hold an initial public offering.

No chance of renewed Anthropic negotiations: Pentagon CTO
The Pentagon's Chief Technology Officer has shut down talks with AI firm Anthropic. This decision comes after the agency identified Anthropic as a supply-chain risk. The CTO stated there is no chance of an agreement. He cited leaking and bad-faith negotiation as reasons for the breakdown. The leadership has proven they do not want to reach a deal.

Anthropic in talks with private equity firms on AI joint venture, The Information reports
The recent conflict between the US government and Anthropic temporarily affected discussions over the joint venture, but talks are ongoing, according to The Information report. If finalised, the partnership would adopt a Palantir-style model to offer consulting services to help companies integrate Anthropic's AI into their operations, the report said.

Pentagon opens door to exempt Anthropic use beyond 6-month ramp-down, memo says
The memo comes after a heated weeks-long dispute over technology guardrails on the use of Anthropic's AI tools by the military that culminated in Defense Secretary Pete Hegseth labelling the firm a supply chain risk and banning its use by the Pentagon and its contractors.
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