CYBERSECURITY INITIATIVE
PM Modi, Macron discuss expansion of India's UPI in France, sign 19 pacts
Prime Minister Narendra Modi and French President Emmanuel Macron met and signed 19 agreements. Discussions covered AI, innovation, trade, and infrastructure. Key outcomes include an India-France Innovation Roadmap and expansion of UPI services. Both nations aim to strengthen cooperation in technology, space, and economic security. This meeting marks a significant step in the India-France Special Global Strategic Partnership.
America's shutdown of Anthropic's AI models is not a surprise. And India has seen it coming for 30 years
The US government's export control order on Anthropic's advanced AI models, blocking non-American nationals, highlights a long-standing Indian pattern of adopting foreign technology without developing indigenous alternatives. This "kill switch" event underscores the vulnerability of nations dependent on foreign tech infrastructure, urging India to prioritize strategic autonomy and build its own AI capabilities.
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.
Project Glasswing melts: US government suspends early access to Anthropic's Fable 5, Mythos 5 within days of rollout
India's brief access to advanced AI models from Anthropic has ended. A US government directive halted local access to Mythos 5 and Fable 5. This development signals a new AI export control regime. Governments now view frontier AI as strategic assets. India's engagement on technology policy faces new challenges.
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.
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France’s Mistral in funding talks at about €20 billion valuation
French AI startup Mistral AI is reportedly in talks to raise approximately €3 billion ($3.5 billion) at a valuation of around €20 billion. This significant funding aims to bolster its position in the competitive AI landscape against US and Chinese rivals. The company, founded by former Google and Meta researchers, focuses on providing AI infrastructure for European governments and industries.

Meta-Reliance AI hub; SAP CEO on India's AI edge
Meta has tapped Reliance for India AI data centre. This and more in today's ETtech Top 5.

Claude Fable 5 & Mythos 5: Key highlights from Anthropic’s latest launch
Anthropic has launched Claude Fable 5, its most capable publicly available AI model, excelling in complex tasks and benchmarks. Alongside it, Mythos 5, a restricted version with fewer safeguards, is available for trusted cybersecurity and life sciences users, aiming to accelerate research and discovery.

How autonomous AI is transforming the future of enterprise innovation
Artificial intelligence is evolving beyond task-based automation toward autonomous systems capable of reasoning, planning, and executing complex workflows with minimal human intervention. As businesses prioritise measurable outcomes and real-world impact, Agentic AI is emerging as a key driver of enterprise transformation. Recognition platforms such as the ET Most Innovative AI Product Awards 2026 are spotlighting breakthrough innovations that are redefining the future of intelligent systems.

12 years of PM Modi: Bold reforms, decisive decisions and political turning points
After 12 years at the helm, Prime Minister Narendra Modi reflects on a transformative journey filled with key reforms that have altered India's economic landscape, from the sweeping GST to the bold move of demonetisation. His tenure has also witnessed pivotal constitutional shifts, notably the revocation of Article 370, which has reshaped regional dynamics.

From AI pilots to enterprise-wide transformation: How scalable AI products are creating real business impact
As enterprise AI adoption accelerates, organisations are placing greater emphasis on products that can be deployed, scaled, and integrated into real-world operations. The ET Most Innovative AI Product Awards 2026 recognise AI innovations delivering measurable impact across functions, industries, and geographies, moving beyond experimentation to create lasting business value.

How AI companies are using industry recognition to build credibility and growth
As AI adoption accelerates across industries, innovation alone is no longer enough. Visibility, credibility, and industry recognition are increasingly becoming important differentiators for AI companies of all sizes. The ET Most Innovative AI Product Awards 2026 aim to recognise products creating measurable impact while helping innovators gain visibility among industry leaders, investors, customers, and decision-makers.

PNG gas scam: Man clicked on bill link & kept losing money until Rs 31 lakh was drained; 21 others fell for the same fraud
Fake gas bill update scam: A cyber fraud has targeted 22 individuals in Thane, Maharashtra. Victims received fake gas bill update messages, leading them to download a malicious application. This scam resulted in a total loss of over Rs 31 lakh. A retired man lost Rs 8.68 lakh after falling for the trick. Police are investigating the incident and have registered a case.

CBSE OSM row: Pradhan 'incompetent', continuation in office insult to lakhs of students: Cong
Congress criticizes Education Minister Dharmendra Pradhan for CBSE on-screen marking system failures. The party alleges incompetence and inflated contract rates for a compromised IT platform. Students faced issues accessing answer sheets for re-evaluation. Congress insists Pradhan must take responsibility for these lapses, calling his continued tenure an insult to students and families.

CBSE retains COEMPT for answer-sheet scanning, shifts data to its own servers
When asked about whether COEMPT will be able to scan answer sheets despite its track record, the official said, "They scanned 40 crore pages, of which about 30,000 odd have problems. That means about 1 in 10,000 pages were problematic. Now they only need to scan problematic pages. So they should be able to scan without any problem."

CBSE detects 3.8 mln malicious packets targeting revaluation portal, attack thwarted
The CBSE re-evaluation portal experienced a major cyberattack with millions of malicious packets. Security systems successfully blocked numerous unauthorized access attempts and mitigated traffic surges. Despite these challenges, the portal remained stable, supporting thousands of users. No student data compromise has been confirmed. Investigations into the OSM system are ongoing.

US officials eye government stakes in AI companies, NOTUS reports
While the planning is ongoing and details are in flux, discussions have centered on having the firms voluntarily cede the shares to the government, the report said.

US stocks today: Dow soars 800 points to hit record as Iran optimism offsets chip slump, weak jobs data
Wall Street closed higher with the Dow hitting a record, lifted by easing Iran war concerns and gains in healthcare and financial stocks. However, weak results from Broadcom dragged chipmakers, capping Nasdaq gains. Rising jobless claims and AI-driven layoffs added to uncertainty around economic strength and market valuations.

Honeywell's Quantinuum valued at $17.6 billion as shares rise in Nasdaq debut
Quantinuum shares jump 13.3% in their Nasdaq debut, valuing the Honeywell-backed quantum firm at $17.6 billion. Strong investor interest reflects optimism around quantum computing’s long-term potential, despite limited revenues and ongoing losses. The company raised $1.68 billion, though adoption challenges and revenue concentration remain key concerns for investors.

Forensic experts call for AI-driven playbook to counter deepfakes and digital scams
Financial crime is evolving rapidly with AI-generated deepfakes and complex fraud rings. Traditional methods are no longer sufficient. Experts at a FICCI conference stressed the need for advanced forensic technology and real-time intelligence sharing. Stronger governance and digital trust are crucial to protect investors and businesses. Collaboration between regulators, private firms, and police is essential to combat this industrial-scale cybercrime.

Kuku FM readies public market debut; SoftBank books Lenskart gains
Kuku FM's parent has taken the first step towards a stock market listing. This and more in today's ETtech Top 5.

Indian cyber, telecom, banking & finance firms get access to Mythos; IT left out
Several Indian organisations in cyber, telecom, finance and banking have gained early access to Anthropic's advanced Claude Mythos AI model. The govt is actively working to expand this access, with select public entities, including CERT-In, set to receive previews. This initiative aims to bolster cybersecurity for India's critical infrastructure.

IRCTC sets new records in online ticket booking, blocks 3 crore suspicious IDs in 2025-26
IRCTC intensified anti-fraud measures in 2025, deactivating 3.03 crore suspicious user IDs and blocking 13,343 email domains. The corporation also recorded record online ticket bookings, averaging 14.53 lakh per day, while strengthening cybersecurity to ensure fair access for genuine passengers.

Anthropic expands access to powerful Mythos AI model
Anthropic has opened access to its new AI model, Mythos, to 150 organisations worldwide. This powerful AI can rapidly find computer security flaws. Early tests revealed thousands of vulnerabilities. Now, groups from over 15 countries, including critical infrastructure sectors, are joining the program. This move aims to proactively address potential cyber threats before they can be exploited.

Anthropic confidentially files to go public; potential trillion-dollar IPO will test Wall Street appetite for AI companies
If Anthropic’s offer goes ahead, it will test investor appetite for AI companies, which have commanded massive private valuations—both Anthropic and OpenAI are within shouting distance of the trillion-dollar mark.

Wipro shares in focus on deal to acquire additional stake in Aggne Global for $28.5 million. Check details
Wipro is set to acquire an additional 20% stake in US-based insurtech company Aggne Global Inc for $28.5 million, increasing its ownership to 80%. This move aims to bolster Wipro's position in the insurance sector, particularly in AI-led transformation solutions for the P&C segment. The transaction is expected to conclude by June 5.

Palo Alto Networks warns AI-powered cyberattacks could overwhelm enterprises within months: Meerah Rajavel
Palo Alto Networks warns that advanced AI-powered cyberattacks could become widely accessible within months, significantly lowering the barrier for sophisticated attacks. The company's CIO highlights AI's ability to identify and chain vulnerabilities at scale, urging enterprises to rapidly assess infrastructure and adopt AI-assisted security measures to combat this evolving threat.

EU has had productive meetings with Anthropic over possible future access to Mythos
The European Commission has held productive discussions with Anthropic concerning future access to its Mythos AI product. The EU's cybersecurity agency, ENISA, is expected to gain access to Mythos. This AI tool is designed to identify vulnerabilities in computer code, enhancing defenses against cyberattacks. Initial concerns about the tool enabling attacks appear to be overstated.
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