AKAMAI TECHNOLOGIES
Meta unveils India pricing for AI agent Muse ahead of local launch
Meta has announced the pricing details for its AI companion, Muse, in India. The subscription options are set at ₹1,799 for the 'Power' tier and ₹8,999 for the 'Maximum' tier. Users currently outside supported markets can register via a VPN. Muse aims to enhance user experience by integrating with various Meta services, positioning itself against local competitors like Instinct, available worldwide.
Indian organisations on edge as sites fail to Captcha AI intruders
Personal AI agents such as Instinct, Muse, Grokbot and OpenClaw have taken over the consumer internet in the US. But last month, major US banks, including JPMorgan Chase, Bank of America, Wells Fargo and Morgan Stanley, reportedly flagged AI agents such as Meta’s Muse accessing customer accounts using login credentials voluntarily shared by users laying bare the risks of handing AI agents the keys to consumers’ digital lives.
Anthropic’s Road to IPO: Funding, valuation, Claude growth and legal battles
Anthropic is preparing for a closely watched U.S. IPO after rapid growth in funding, valuation and revenue. The Claude maker faces legal and regulatory challenges while expanding AI capabilities, cloud partnerships and commercial operations. Its potential listing could offer investors insight into frontier AI economics, governance, capital requirements and growth expectations.
Ahead of Market: 10 things that will decide stock market action on Monday
Indian equity benchmarks Sensex and Nifty ended higher on Friday, bouncing back to close at 73,896 and 23,140.50 respectively. Geojit’s Vinod Nair cited strong domestic liquidity holding Nifty above 23,000, while elevated crude prices and persistent foreign outflows continue to cap near-term market upside ahead of Monday's trade.
U.S. Stock Market personal finance tips: Wall Street investors may think over these key 5 points during weekend before Monday trading
U.S. releases its monthly employment report for September on Friday. The jobs market has been among the more resilient areas of the economy, but it has started to show more signs of stress.
Dow ends 400 points higher as investors buy AI stocks; Microsoft rallies
Wall Street experienced gains on Friday, driven by positive performance from Microsoft and AI-related technology stocks. High oil prices and rising US Treasury yields created investor uncertainty throughout the week. Various industries are under scrutiny regarding their prospects related to artificial intelligence advancements. Additionally, traders faced a potential interest rate increase by the Federal Reserve in October.

Govt’s frontier AI push; Insurance stock rout continues
The government is weighing an anchor investment for a frontier AI development fund. This and more in today’s ETtech Top 5.

US stocks trade higher as AI enthusiasm eases worries over higher oil prices, yields
Wall Street experienced gains driven by optimism in artificial intelligence despite high oil prices and rising Treasury yields. Microsoft shares increased significantly after the launch of new AI capabilities in the Copilot app. Negotiations to address the Middle East conflict positively influenced market sentiment among investors. However, concerns about inflation and prolonged geopolitical issues limited market enthusiasm.

Akamai, Anthropic sign $11.6 billion cloud services deal
The seven-year contract could expand by an additional $9 billion, bringing the potential total commitment to about $20 billion. Akamai shares jumped 15% in extended trading on Thursday.

Anthropic signs $1.8 billion AI cloud deal with Akamai, Bloomberg News reports
AI startup Anthropic has secured a significant computing deal worth $1.8 billion with Akamai Technologies. This partnership aims to meet the growing demand for Anthropic's AI software. Akamai's shares saw a substantial rise following the announcement. The company is well-positioned to access necessary components for AI development. This development follows Anthropic's recent computing deal with Elon Musk's SpaceX.

US stocks today: Anthropic signs $1.8 billion AI cloud deal with Akamai
Artificial intelligence startup Anthropic has secured a significant computing deal worth $1.8 billion with Akamai Technologies. This agreement addresses the growing demand for Anthropic's AI software. Akamai's stock saw a substantial rise following the announcement of a long-term cloud deal with a major AI partner. The company is well-positioned to access necessary components for AI development.

Akamai eyes edge computing units in three Indian cities
In a move to expand its global compute business, cloud computing giant Akamai Technologies is eyeing Indian cities like Delhi, Bengaluru, and Hyderabad for potential edge computing facilities by the end of the year, according to their CEO Tom Leighton.

Opportunity in India is massive as it is a developer heavy market: Akamai's Sidharth Pisharoti
The opportunity is immense because there is applicability across industries as every customer or every prospect of the company uses cloud in some shape or form and this includes the public sector which is now starting to use cloud offerings, Pisharoti said.

Akamai Technologies partners with MX Player in India
The partnership with Akamai Technologies will help MX Player, the operator of short-video platform MC TakaTak, provide its users a seamless digital experience.

Global average internet connection speeds up 26%: Report
The report provided insight into key global statistics such as connection speeds, broadband adoption metrics and notable Internet disruptions, among others.

India's internet base to touch 730 mn by 2020: Nasscom
'The Future of Internet in India', compiled by Nasscom and Akamai Technologies, pegs the Internet base in the country at 350 million in end-2015.

Akamai Technologies bets big on India; to work with startups, venture capitalists
Akamai Technologies is building a set of information security products for launch next year and will continue to work with the government on the 'Digital India' initiative.

Akamai Technologies in talks with Indian handset makers
"A lot of the world's most important device manufacturers are in India," Akamai's chief executive Tom Leighton said.

Akamai Technologies CEO Paul Sagan may exit by end of 2013; profits less than forecast
Akamai Technologies, which helps businesses deliver data at faster speeds over the Internet, said CEO Paul Sagan will leave by the end of 2013.
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