PROJECT ASTRA
Stocks in news: BSE, Lenskart, Nykaa, Bharti Airtel, LIC, Aurobindo Pharma and Nalco
Indian equity markets have enjoyed a remarkable stretch, registering gains for five consecutive sessions. The Nifty 50 index showed impressive growth, sparking optimism for a breakout beyond 24,000. Companies like Lenskart, Aurobindo Pharma, and BSE are in the spotlight as they report positive earnings. Experts advise keeping an eye on the support levels as the bullish trend persists.
China's Moonshot AI launches Kimi K3.1 Pro; plans full model weights release by November
Chinese artificial intelligence (AI) company Moonshot AI has unveiled Kimi K3.1 Pro, a 3-trillion-parameter open-weight AI model featuring a 1-million-token context window, alongside a high-speed variant, Kimi K3.1 Pro Highspeed, according to a company statement.
OpenAI looks to help banks modernise legacy software their operations still depend on
OpenAI has enhanced its models to work with legacy programming languages like COBOL and Fortran. The AI assists companies in modernising critical software systems, which often lack documentation. Recent tests showed significant improvements in accuracy for building and translating software across multiple languages.
'Mixed feelings': AI cracks centuries-old ciphers
Napoleon Bonaparte ordered the wartime missive written in code, creating a puzzle that went unsolved for more than 200 years -- until AI cracked it in a matter of hours. Tomokiyo said that since mid-September, most of the ciphers on his list have been cracked using AI. "There remain some tough problems" which could stay an enigma for years to come, because there is less relevant data available to help AI figure them out, the 58-year-old told AFP. "I'm excited long-time problems are now solved, but on the other hand, I have mixed feelings, because AI seems to have solved these difficult problems so easily," he said.
Google’s Gemini 4 Argon takes on OpenAI, Anthropic with focus on coding, research and reasoning
Google has made its AI model Gemini 4 Argon available globally for developers and enterprises through API access. This launch follows its prior limited access for selected cybersecurity professionals, enhancing its competitive edge. OpenAI and Anthropic have also released advancements in AI models recently.
HDFC Defence Fund increase stake in HAL, Mazagon Dock, Bharat Electronics and 7 others in September
HDFC Defence Fund increased its holdings in 10 stocks in September, including Hindustan Aeronautics, Mazagon Dock Shipbuilders and Bharat Electronics, according to ACE MF data. The fund also raised exposure to Bharat Forge, Eicher Motors and Tata Motors. However, it underperformed its benchmark over the three-year period despite stronger shorter-term returns.
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Defence stocks: Time to change strategy in a bearish market? An ecosystem with down and upside potential of -39% to plus 37%
The current fall is both at the level of the indices and the broader market. And when the selling is this broad, almost every sector is affected. But they do not all feel it equally, and it is worth knowing why every sector behaves differently at different points of time. Stock Reports Plus, powered by Refinitiv, is a comprehensive report that evaluates five key components of 4,000+ listed stocks – earnings, fundamentals, relative valuation, risk, and price momentum – to generate standardised scores. The simple average of the above-mentioned five component ratings is normally distributed to reach an average score.
Where Does China Fit in Your Company’s Innovation Strategy?
For decades, multinationals treated China primarily as either a vast growth market or a rising competitive threat. But as growth slows, competition intensifies, and operating conditions become more difficult, many firms are rethinking China’s role. Increasingly, they are using the country not just as a destination market but as a platform for accelerating innovation—leveraging its fast-moving regulatory environment, tightly integrated R&D and manufacturing ecosystems, and deep engineering talent pools to speed learning, validate technologies, and scale capabilities globally. Companies including Pfizer, Michelin, BMW, Bosch, and Nvidia illustrate how firms are using China to shorten innovation cycles while managing geopolitical and operational risks by defining China’s precise role within their global innovation system, designing for controlled knowledge-sharing, and avoiding overdependence through diversified R&D and supply chains.
OpenAI Dots: Sam Altman’s unveiled ChatGPT AI personal agent, how does it work and what can it do for users?
OpenAI has launched Dots, an innovative personal AI agent designed to perform tasks autonomously with minimal user input. Equipped to manage projects, schedule meetings, and oversee budgets, Dots operate seamlessly in the background using the advanced GPT-6 Astra model for accurate task execution. Furthermore, users can establish custom safety measures, ensuring specific actions require necessary approvals. This initiative reflects OpenAI's commitment to advancing AI technologies for businesses and consumers alike.
OpenAI takes on Meta with always-on Dots agent in enterprise AI push
OpenAI on Tuesday unveiled always-on agents called Dots that chase user goals across apps on their own, deepening its push into the lucrative enterprise market and pitting it against Meta in the race to sell AI that can work
Anthropic's IPO prospectus shows sweeping AI vision, surging costs
But the cost to get there will be staggering. Anthropic reported a net loss of $42 billion in 2025, and plans to spend $518 billion on cloud, computing and infrastructure obligations in coming years, according to the prospectus.
Anthropic targets more than $2 trillion valuation in closely watched IPO despite $42 billion 2025 loss
Anthropic is planning an IPO that could value the company at over $2 trillion. Despite reporting a net loss of $42 billion last year, its revenue experienced substantial growth. The company aims to address concerns about AI safety while competing with OpenAI for market dominance. Key investors have backed Anthropic, providing critical cloud infrastructure for its operations. The upcoming public offering reflects strong interest in the burgeoning AI sector.
India's new drone killer: DRDO starts production process of a mobile weapon that can destroy drone swarms 5 km away
India is preparing to move its indigenous 30kW-class laser weapon towards production. DRDO plans to seek an industry partner for the truck-mounted system within six days, which can target drone swarms, UAVs and surveillance sensors at ranges of up to 5 km.
OpenAI expands GPT-6 lineup with cheaper Sol and Luna models
The launch of low-cost GPT-6 Sol and GPT-6 Luna follows the rollout of GPT-6 Astra, a faster model for handling more tasks than previous iterations, earlier this month.
Global Market: European shares rise as oil slide boosts risk appetite
European shares rose as technology stocks led gains and falling oil prices eased inflation concerns. The STOXX 600 advanced 0.56%, while investors also tracked the upcoming Trump-Xi meeting.
Anthropic considers releasing new AI model ahead of IPO, sources say
Anthropic is considering rolling out a new AI model to counter OpenAI's momentum since its launch of GPT-6 Astra, according to three sources, ahead of an expected IPO and after its CEO called for an industrywide slowdown.
A Virginia dairy takes 105,000 tons of discarded food and drink each year instead of sending it to waste; it becomes renewable gas
A Virginia dairy farm is pioneering a method to convert food waste and cow manure into renewable energy. By producing renewable natural gas, the farm is able to support the operations of a local pharmaceutical company. This project not only diverts significant amounts of waste from landfills but also highlights the economic viability of sustainable energy solutions, aided by federal incentives and policies designed for environmental progress.
Three robots worked together like an independent science team in NASA’s latest test — it could change space exploration forever by making decisions without waiting for Earth
NASA tested three robots capable of independent scientific decision-making. These autonomous systems can assess risks and adjust plans without human input. The ASTRA project aims to enhance robotic missions in challenging environments. This technology could support future explorations on the Moon and Mars. Robots will handle exploration tasks while humans focus on broader mission objectives.
Employees have to get on the AI train and go where it takes them: KFintech CTO
KFintech embraces artificial intelligence across its operations and workforce. The company utilizes various large language models for different business functions. An in-house AI Gateway manages employee access to these advanced tools. Hiring now emphasises system design and security over basic coding skills. This strategic shift drives significant improvements in product development timelines.
Manipal Hospitals scouts for acquisitions in Andhra, Keralam, Delhi-NCR; bets on AI-led healthcare
Manipal Health Enterprises plans significant expansion across several Indian states. The company is adopting a digital-physical healthcare model driven by Artificial Intelligence. Strategic acquisitions and a new greenfield project in Mumbai are underway. Investments focus on AI-enabled nursing and patient monitoring systems. The healthcare major aims to add over 2,400 beds by the year 2030.
Mumbai boy, who grew up in 8×10 ft room in slum, survived on bread and chai, now works at NASA
Jaykumar Vaidya currently works at NASA Goddard Space Flight Center as an electrical engineer. But in contrast to the majority of his contemporaries, his path to NASA was not an easy one. It started in Mumbai's slums rather than a posh classroom. No stranger to financial struggles, once he had a menial job that paid just Rs 4,000 per month and survived on vada pavs and samosas.
OpenAI says working with Samsung on next-generation chips, deepening cooperation
The cooperation comes as Samsung broadens its use of generative AI. The company said in June that workers in its Device eXperience division, which oversees mobile phones, televisions and home appliances, would be allowed to use ChatGPT, Google's Gemini and Anthropic's Claude internally.
Quote of the day by Brad Pitt: ‘I want it to be worthy enough of a story to leave the family’, Oscar-winning Hollywood hunk's lesson on creating a life worth remembering
Brad Pitt reflected on how his priorities have changed with age, telling Guy Ritchie in Interview that the people he works with matter as much as the project itself. He said family comes first and a film should be worthy of the time spent away from them. The Oscar-winning actor’s words offer a lesson about meaningful work, relationships and legacy.
HDFC Defence Fund adds HAL, Mazagon Dock, Bharat Electronics and 5 others in August
The HDFC Defence Fund added several defence stocks in August. Hindustan Aeronautics and Mazagon Dock were among the new additions. Bharat Electronics also saw increased allocation within the fund's holdings. The fund reduced its stake in Cyient DLM and Solar Industries. Overall portfolio allocation remained stable across thirteen other stocks.
Why Systematix is bullish on Apollo Micro Systems after 47% YTD rally; check target price
Systematix initiated coverage of Apollo Micro Systems with a Buy rating and Rs 570 target, citing defence-system integration, a Rs 12,000-crore opportunity, capacity expansion, acquisitions and strong earnings growth, while flagging execution, working-capital and tender-related risks.
Days after Astra launch, OpenAI chief scientist warns AI safety is falling behind
OpenAI's chief scientist warns of AI's recursive self-improvement phase soon. He expresses strong expectations for continued capability jumps in AI systems. Current AI development pace could lead to systems driving their own progress. This rapid rise in machine intelligence requires extreme caution and preparedness.
India to modify Su-30 fighter jets to integrate them with RVV BD air-to-air missiles
The Defence Ministry is considering integrating Russian RVV BD missiles with Su-30 MKI aircraft. These advanced missiles can engage targets at long distances with high speed. This capability boost comes ahead of Russian President Vladimir Putin's visit to India. The Defence Acquisition Council will review this significant proposal today. India is also pursuing indigenous and foreign air-to-air missile upgrades.
GPT-6 Astra is here: OpenAI’s new AI model can use computers, browse web and get work done
OpenAI has launched GPT-6 Astra, its newest frontier AI model. This advanced model aims to significantly boost computer use and professional work. Astra can handle complex tasks and make decisions with less human intervention. The model also presents significant cybersecurity capabilities and risks.
Buy, Sell or Hold: Antique initiates coverage on Astra Microwave Products; Goldman Sachs recommends Buy on Indian Hotels
Top brokerages have flagged upside in PB Fintech, Astra Microwave Products and Indian Hotels Company, with Bernstein retaining an Outperform rating on PB Fintech, Antique initiating coverage on Astra Microwave with a Buy call, and Goldman Sachs maintaining a Buy rating on IHCL. The calls point to potential gains of 29%, 20% and 16%, respectively, backed by growth prospects, strong order pipelines, strategic opportunities and potential value creation.
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