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    MICROSOFT QUANTUM LAB DENMARK

    India ranked an 'AI Rising Contender' by BCG, built on talent rather than compute

    India has been identified as a Rising Contender in artificial intelligence by Boston Consulting Group's latest report. The country benefits from a large pool of skilled AI professionals, bolstered by returning talent from abroad. The government has implemented training programs to upskill millions of citizens and broaden access to AI knowledge.

    Rippling steps up AI hiring in India, looks to expand enterprise push

    The firm is hiring principal engineers, senior staff engineers and senior directors among others as the lab focuses on developing core components of Rippling’s global AI platform, Parandekar told ET in an exclusive interaction.

    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.

    Microsoft market cap beats Nvidia's for first time since June 2025

    Microsoft overtook Nvidia as the world's most valuable company on Tuesday, as the chip giant's shares fell on uncertainty over the outlook for AI and an investigation into whether

    Anthropic IPO: Amazon, Google could make staggering over USD 400 billion from Claude maker's successful listing. Here's how

    Anthropic IPO: Amazon has invested at least $13 billion in Anthropic and in April agreed to invest up to an additional $20 billion. Google has committed up to $40 billion to Anthropic, including an initial $10 billion investment announced in April.

    Anthropic IPO: Why are Nvidia, Google, Microsoft and AMD investing billions in their own AI competitor? What Big Tech stands to gain from the Claude maker

    Anthropic IPO: Anthropic is set to receive a significant $26 billion investment through its upcoming IPO from several technology companies. Major contributors include Google, Nvidia, and AMD, each seeking commercial advantages. This financial backing will support Anthropic's expansion and operational needs, including increased computing infrastructure. The participating companies aim to benefit from Anthropic's growth while addressing their own strategic interests in the AI market.

    The Economic Times
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