AI CODING NEWS
India blocked 129 betting websites on basis of fake high court orders: Report
India's government ordered internet providers to block 129 betting websites based on fraudulent high court orders. Investigations have been initiated after it was revealed that these court orders were fake. The Rajasthan and Allahabad High Courts confirmed that the supposed orders did not exist in their records. Concerns about the authenticity of legal documents are growing due to technology advancements.
Anthropic targets $90 billion IPO at $1.4 trillion valuation
Anthropic PBC is preparing for an initial public offering aiming for a fully diluted valuation of $1.4 trillion. The company plans to raise up to $90.4 billion, including a private placement with major investors. It has reported a revenue run rate of $81 billion, showcasing significant growth in recent months. The IPO is scheduled to price on November 18 and begin trading the next day.
Jensen Huang probe: Who will investigate Nvidia CEO? AI giant announces officials
Nvidia co-founder owns 3.6 per cent of Nvidia's stock and has dozens of direct reports, suggesting a tight grip on the company.
Parliamentary panel to review media laws across print, TV and digital platforms
The Standing Committee on Communications and Information Technology will review media laws in 2026–27. The examination will include print, television, and digital platforms. The committee has outlined various subjects related to the Ministry of Information and Broadcasting. Concerns regarding regulatory overlaps will also be addressed in relation to the broadcasting and digital sectors. Additionally, the review will encompass emerging technologies and their impact on the media landscape.
Apple opens Siri AI to all developers: Here’s what you need to know
Apple has launched a Developer Preview of Siri AI for developers across multiple operating systems. This integration facilitates enhanced user interactions, allowing apps to utilize features like App Intents for task management and app skills for managing complex tasks. However, Siri AI remains unavailable in the European Union due to regulatory obligations, and its usage is restricted to individuals over 13 years old.
Apple cuts employee AI budgets in cost-control push
Apple has reduced employee budgets for AI usage as part of a broader effort to rein in costs, even as it seeks to expand the use of AI across its operations, Bloomberg News reported on Wednesday, citing people familiar with the matter.
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Lenskart, Nykaa, PhysicsWallah see Q2 profits surge
New-age companies Nykaa, Lenskart, and PhysicsWallah reported strong numbers for the September quarter. This and more in today’s ETtech Top 5.
OpenAI acquired his startup in 2024. Now Alexander Embiricos leads a new AI product
Alexander Embiricos spent five years building Multi, a collaboration app for software developers, before OpenAI acquired the startup in 2024. He later became a product lead on Codex and now leads Dots, OpenAI’s personal AI agent designed to handle tasks in the background.
Meesho loss narrows; Sanjeev Bikhchandani back as Info Edge CEO
Meesho cut its losses in the July-September quarter, while growth continued. This and more in today’s ETtech Top 5.
Anthropic IPO rocks Indian IT; Why Walmart is in no hurry to list Flipkart
Anthropic’s US IPO filing sent Indian IT stocks lower on Tuesday. This and more in today’s ETtech Top 5.
VerSe valuation sinks; Paytm Q2 profit rises
Happy Tuesday! Dailyhunt parent VerSe Innovation’s valuation has taken a sharp hit. This and more in today’s ETtech Morning Dispatch.
Experts divided over Justice Kaul's criticism of ex-CJI Chandrachud's approach to judicial appointments
Sanjay Kishan Kaul has raised concerns regarding the judicial appointment approach of former Chief Justice D Y Chandrachud. Legal experts have expressed differing opinions on Kaul's criticisms, with some defending Chandrachud's tenure and others supporting Kaul. Senior advocates have highlighted issues related to judicial independence and the allocation of sensitive cases during Chandrachud's administration. While some praise his leadership, others suggest he was deferential to the government.
Rush is on to patch a software vulnerability that could impact 70% of websites worldwide
Many government sites appeared to be functioning normally Thursday, but outages or limited service continued while security work was under way.
What is a PHP vulnerability? Security flaws prompt shutdowns of major websites amid global cybersecurity response
Two critical vulnerabilities in PHP have prompted the shutdown of several websites across multiple countries. Cybersecurity teams are actively working to secure these potentially affected systems using emergency fixes provided by the PHP Foundation. Major organizations, including Wikimedia and government sites in Finland and the Netherlands, have taken precautions. Researchers utilized artificial intelligence to identify these security flaws, showcasing both its benefits and risks.
Explained: What is PHP and why did it take government websites offline?
The developers of PHP said on Wednesday they would release patches for two critical vulnerabilities, and EU cybersecurity officials warned organisations unable to apply the fixes to take affected websites offline. Here is what you need to know:
AI fear makes companies look powerful and helps them raise funds: Andrew Ng
In an exclusive interview with The Economic Times Digital, Andrew Ng argues that the immediate challenge is to prepare people for work that increasingly involves AI. He notes that computer science students, who have never used a coding agent or are connected to an advanced AI model, even as those skills become essential, continue to graduate from universities.
I&B ministry cautions TV channels against AI misuse, calls for stronger editorial oversight
The Ministry of Information and Broadcasting has issued an advisory regarding AI use in news broadcasts. It cautioned channels to strengthen editorial oversight while adhering to the Programme Code. Concerns were raised about similar broadcasts and violations relating to sensitive content coverage. Broadcasters are encouraged to undertake regular training for editorial staff to ensure compliance. Violations of the Programme Code could lead to regulatory actions under applicable laws.
Govt flags Programme Code violations by TV channels, urges caution on AI use
The Ministry of Information and Broadcasting has issued an advisory to private television channels regarding compliance with the Programme Code. Channels are urged to exercise caution in their use of artificial intelligence for news content production. Strict adherence to statutory provisions is emphasized following observed violations by various channels in past broadcasts. Additionally, the ministry reiterated prohibitions on inappropriate content and live coverage of anti-terrorist operations.
Eternal’s Q2 profit rises; SBI flags customer data leak
Eternal’s Q2 profit has surged, with Blinkit contributing significantly to the growth. This and more in today’s ETtech Top 5.
Company townhall and results can tell 2 different tales; here's what to check if you are worried about your next hike or promotion
Keep manager’s reassurance and employer’s financials apart, says Devashish Chakravarty. Every three months, listed companies must disclose important events to the stock exchange and most of them explain their numbers to analysts. Long before you find an email from your HR, the company has already announced its hiring freeze or restructuring plans in its earnings call.
'Jantar Mantar to Jail': CJP protests inspire online video games
From 'Jantar Mantar Chalo', where players can choose between a protester and police personnel to 'Bhaag Neha Bhaag' inspired by AISA president Neha Bora's attempts to reach Jantar Mantar, game creators are turning the political developments into gaming experiences.
AI to create many winners as large companies lead funding: Cisco CEO Chuck Robbins
In an interview with Subhayan Chakraborty and Surabhi Agarwal, Robbins, who is on an India visit, said artificial intelligence will be bigger than the internet and that it's being driven by large companies with strong balance sheets, but warned that many startups and capital could disappear.
India is now biggest country exposure for Fairfax, we have zero bets on AI: Prem Watsa
Canadian billionaire Prem Watsa's bet on IDBI Bank is backed by faith in the Indian economy, he told Mohit Bhalla and Sruthijith KK in a phone interview. The government Wednesday approved the divestment of a majority stake in IDBI Bank to Watsa's Fairfax Financial Holdings. Watsa, 76, who was born near Hyderabad and studied at IIT-Madras, migrated to Canada in the 1970s. Started by him as an insurance company, Fairfax Financial now has assets of over $100 billion. Edited excerpts from the interview are in the copy.
OpenAI Engineer accused of bugging executive room: How the investigation unfolded and what he wanted to record
Alfozan faces a federal charge of using or trying to use a device to intercept oral communications. The complaint says OpenAI staff found the recorder on September 30. It was plugged into a USB port behind a television. It was hidden in toilet paper.
‘Why did you make potato curry?’ UP woman hospitalised after husband bites her, hits her with stone over dinner
On October 12, a woman in an Uttar Pradesh village was assaulted by her husband over dinner preparations. Her husband became angry when he was served potato curry before attacking her. He allegedly bit her and struck her head with a stone, leaving her unconscious. Neighbors took her to the hospital, where her condition has since improved. Police have registered an attempt-to-murder case against her husband, who remains absconding.
Mark Zuckerberg and wife Priscilla Chan pay $57 million for 16,000-square-foot Gothic-style Strancally Castle in Ireland’s County Waterford
Mark Zuckerberg and Priscilla Chan recently acquired Strancally Castle in County Waterford for over €51 million. This purchase is the highest price paid for a residential property in Ireland this year. The couple's acquisition of the estate follows 25 years of restoration work by the previous owners. Local representatives welcomed the news, hoping it will boost the region's profile.
Who is Abdulrahman Alfozan? ChatGPT maker OpenAI's Saudi national employee arrested by FBI for planting high tech listening device in San Francisco office
OpenAI's security team found the device late last month at ChatGPT maker's office and the employee, Saudi national Abdulrahman Alfozan, was arrested on October 9, the US Justice Department said.
AI services may account for almost half of Infosys' work in 2-3 years: CEO Salil Parekh
Parekh said the business, which includes building AI agents, coding work and modernising old technology for clients, is small relative to the company's size but growing so fast that it could account for 20-30% of Infosys' work within a few quarters if the current pace continues.
As technology and AI reshape the workplace, which skills will define future leaders?
In today's evolving job landscape, the importance of interpersonal skills and leadership has surged. Research indicates that qualities like self-awareness and the ability to learn quickly are crucial for effective leadership. As artificial intelligence advances, the emphasis is shifting from technical know-how to essential human capabilities. Educational frameworks are transforming to prioritize hands-on experiences and guidance, fostering leaders who can inspire and connect with diverse teams in the future.
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