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.
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.
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