PUBLIC FEEDBACK ON AI POLICIES
Anthropic wants to create new billionaires through its IPO, but American voters are growing tired of Big Tech's wealth explosion
Anthropic is preparing for a significant IPO amid growing public resistance to AI-related infrastructure projects. Investors are discussing a valuation between $1 trillion and $1.5 trillion for the Nasdaq listing. Communities express concerns over environmental impacts and rising electricity costs linked to data centres. Public sentiment is shifting against technology companies, raising questions about economic benefits versus local costs.
AI slump revives Asia’s forgotten trades from China to India
Global investors are rethinking their Asia bets as the AI trade loses momentum following the US midterm elections. India and China are emerging as potential beneficiaries of the shift, with funds rotating towards undervalued stocks, domestic growth, healthcare, consumer companies and financials. India's limited AI exposure, easing oil prices and renewed foreign inflows are strengthening its appeal.
AI Can Measure How ESG Really Impacts the Bottom Line
Advances in large language models are making rigorous sustainability analysis dramatically faster and cheaper, allowing investors and other stakeholders to connect companies’ disclosed environmental and social risks directly to financialperformance in a matter of hours rather than weeks. Applying a simple methodology to ExxonMobil, the authors used AI to map sustainability-related issues to specific financial statement line items and estimate their impact on earnings and value, demonstrating both the promise and the limitations of AI-assisted analysis. As these capabilities become widely accessible, the competitive advantage long held by ESG ratings agencies, standard setters, and sustainable fund managers may erode, shifting attention from proprietary scores toward transparent assumptions and financial consequences. Human judgment remains essential to validate AI-generated outputs, but the broader trend is clear: sustainability analysis is becoming more democratized, financially grounded, and adaptable, with significant implications for how investors, regulators, and other institutions assess corporate performance and value creation.
Delhi HC orders removal of AI-generated videos targeting Rekha Gupta, says political satire cannot trample on dignity
Delhi High Court ruled for the removal of defamatory AI-generated videos and images aimed at Chief Minister Rekha Gupta. The court emphasized that political satire should not undermine an individual's dignity or character. Gupta filed a suit against the Aam Aadmi Party (AAP) for spreading content that portrayed her in a degrading manner. The impugned media allegedly depicted her engaged in inappropriate activities related to liquor.
NY Fed's John Williams flags need to gather more information on inflation risks before rate decisions
Federal Reserve officials John Williams and Alberto Musalem have flagged persistent inflation risks, with rapid AI infrastructure investment potentially adding to price pressures. Williams backed the need for more economic data before determining monetary policy, while Musalem warned that policymakers must address current inflation rather than wait for future AI-driven productivity gains.
'Enjoy the moment': The German clubs limiting smartphones in stadiums
Borussia Dortmund introduced a scheme rewarding fans for not using smartphones during matches. The initiative aims to preserve the unique atmosphere of the stadium experience. Supporters earn points through the Dortmund app, which can lead to prizes like signed jerseys. Other clubs, including Hertha Berlin and Dynamo Dresden, are implementing similar restrictions to maintain matchday enjoyment. The policy has received positive feedback and coincided with Dortmund's winning streak.
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OpenAI kicks off charm offensive to change voters' view of data centers
Stunning victories by Democrats in US midterm elections this week have been interpreted by many as Americans repudiating tech industry plans to build data centers across the country.
Stop AI from Eroding Your Brand
Artificial intelligence is changing how companies operate and how customers experience their brands. New research suggests that companies with lower levels of “brand debt”—the trust, relevance, and consistency lost when products, experiences, and decisions drift away from customer expectations—are significantly more likely to outperform their peers. Drawing on a benchmark of 60 companies and lessons from Bose’s digital transformation, the lessons here are that managing brand debt should become an enterprise-wide priority rather than a marketing exercise. As AI increasingly shapes customer interactions, companies that manage brand debt deliberately will be better positioned to strengthen trust, sustain growth, and preserve competitive advantage
Why Goldman Sachs, JPMorgan, Uber are restricting AI access for employees
Goldman Sachs recently restricted most of its employees from using Anthropic’s Claude Code and Microsoft’s GitHub coding tools,Bloomberg reported, citing an October internal guidance. The American investment banking company had earlier allowed employees across departments to experiment with these tools to automate routine tasks, analyse trading activity, and create content.
Sam Altman on why India is optimistic about AI, while the US is sceptical
Sam Altman, CEO of OpenAI, recently praised India's swift embrace of AI, identifying it as ChatGPT's largest market. He observed that Indian users are innovatively utilizing AI to address challenges and foster entrepreneurship. In stark contrast, Altman noted the prevalent scepticism toward AI in the United States. He also raised alarms about the dangers of unchecked AI advancement, stressing the need for diversified efforts to avoid a concentration of power.
PhysicsWallah Q2 net profit doubles to Rs 144 crore, revenue rises 18%
The recovery followed a disruption to the admission cycle after the NEET UG (National Eligibility cum Entrance Test - Undergraduate) results were delayed till July 16. Although online enrolments for the medical entrance examination grew over 30% in the September quarter, the company said admissions and collections for the full admission cycle remained below last year.
OpenAI, ready to IPO in 2027, now counts majority of sales from enterprises, Greg Brockman says
OpenAI President Greg Brockman said on Wednesday the company now generates the majority of its revenue from enterprise sales and he believes it will be ready to go public in 2027.
Pentagon chief tech officer says US will detail laws that apply to AI labs this month
The US federal government is preparing to reveal the regulations applicable to domestic AI labs. Pentagon Chief Technology Officer Emil Michael announced that details will be shared in a couple of weeks. The Super Intelligence Task Force was established to regulate AI policy following concerns about industry practices. Michael emphasized the importance of creating a regulatory framework that builds public confidence.
AI data center stocks dip, renewables surge after Democrat sweep in US midterm elections
The Democratic sweep, which included victories in traditional Republican strongholds and key data-center hubs Texas and Georgia, will usher in divided government in Washington and raises the prospect of greater congressional oversight of industries that benefited from Republican control.
Aswath Damodaran trims his Anthropic IPO valuation to $1.45 trillion; Dean of valuation explains why
Valuation expert Aswath Damodaran has lowered Anthropic's estimated worth to $1.45 trillion, citing concerns over governance, regulatory hurdles, infrastructure costs and profitability. He also outlined four investment strategies to manage uncertainty surrounding the AI company's potential IPO.
'Until it becomes perfect, many things have to be changed, evaluated': Former Lt Gen DP Pandey hails Cabinet's Agnipath extension
Responding to queries regarding the government's decision to introduce a 'Second Tour of Duty' and expand regular enrolment pathways, Lt Gen Pandey pointed out that iterative reviews are essential for perfecting any newly introduced recruitment model.
Emomee calls for stronger regulation of children’s digital content
Emomee, a children's entertainment company, emphasises the need for better regulation of digital content for young viewers. The company's founders, motivated by their children's viewing experiences, focus on creating quality educational programming. Recently, Emomee launched a series on Netflix and is exploring global partnerships for distribution. They are also developing physical products and considering live events to engage audiences.
Google hands schools the AI switch as learning concerns grow
Google plans to restrict access to its AI tools for K-12 students, pending administrator approval. This change follows feedback aimed at enhancing control over classroom AI usage. The company is also expanding its Guided Learning feature, which helps students solve problems systematically. Research shows mixed results regarding AI's impact on student performance and learning outcomes.
L&T Finance Pitch Point 2.0: Where an AI startup’s big idea meets enterprise scale
Pitch Point, L&T Finance’s contest for AI startups, is back for a second edition. Last year’s winners, Arrowhead AI and SpoofSense, talk about what they got out of it and what they would tell this year’s new applicants.
Google will cut off search access for students at schools that reject AI
The Mountain View, California, company has been facing pushback from educators, child development experts and parents over the use of its technology in schools, with the backlash heating up since it announced in August that it had turned on its Gemini chatbot for many K-12 students who use Google Classroom.
Anthropic warns it’s close to self-building AI: Here’s why experts are worried
Anthropic has unveiled fresh financial details for its upcoming IPO, reaffirming its dedication to maintaining human oversight in AI development. The company alerts stakeholders to the potential for AI systems to attain recursive self-improvement, thereby boosting their own functionalities. While this technology holds transformative potential across various industries, it also carries considerable dangers.
Meta halts new business terms after backlash over data scraping and AI use
Meta has postponed the rollout of new terms affecting its business accounts due to significant backlash. Critics claimed these changes could lead to unauthorized data scraping and unfair competition against news publishers. A Norwegian court granted an injunction on the terms, highlighting concerns over Meta's market dominance. The U.K. competition authority has also initiated an investigation into these new business conditions.
Anthropic revenue up 12x in Q3, commits $895 billion spending
Anthropic has reported a remarkable twelve-fold increase in quarterly revenue, reaching nearly $17 billion. The company plans to invest over $895 billion in future computing infrastructure and costs. Despite substantial revenue growth, Anthropic faces a $23.3 billion net loss in the last quarter due to rising expenses. Additionally, AI pricing pressures have impacted revenue growth, resulting in lower earnings.
Deep use cases vault India to ChatGPT’s top global market: OpenAI's India MD
During a visit to India last year, the ChatGPT maker’s cofounder Sam Altman said that India was the fastest growing market for the frontier lab and was already the second largest in terms of users globally. Market estimates had earlier put the India user base at 100 million.
Telcos to face up to Rs 20 lakh fine per quarter per circle for complaint redressal lapses
Telecom Regulatory Authority of India has introduced new rules for telecom operators and internet providers to enhance complaint redressal. These providers will face penalties up to Rs 20 lakh if they fail to resolve consumer complaints quickly. The rules require complaint centres to operate 24 hours with human representatives available for assistance. Consumers will now have a shorter time frame of 15 days to appeal complaint resolutions.
Uttar Pradesh to launch state Quantum Mission, steps up push for AI and robotics
The state of Uttar Pradesh is gearing up to launch a transformative Quantum Mission, poised to bolster its technology framework. By focusing on quantum technology within a broader digital transformation agenda, the initiative aims to ignite innovation. At the ETGovernment AI Vision Conclave, leading industry figures explored the adoption of AI, investment avenues, and workforce readiness.
In 2026, Sonya Jin and Aadi Nashikkar-led Phinity Labs raised $5.2 million to let AI agents design computer chips from text prompts
Phinity Labs has raised $5.2 million to develop AI agents that can design computer chips from text prompts. Founders Sonya Jin and Aadi Nashikkar want the technology to explore chip architectures beyond conventional engineering methods. Backed by Uncork Capital, Moxxie and investors including Jeff Dean, the startup plans to build a system that tests designs using physical feedback and improves them before manufacturing.
TRAI releases draft guidelines on responsible AI use in telecom networks, services
TRAI has released draft guidelines for the responsible deployment of artificial intelligence across telecom networks and services, inviting public comments by November 27, 2026. The proposed framework seeks to align the sector's AI adoption with the Centre's India AI Governance Guidelines, focusing on accountability, transparency, fairness and safety.
Meta delays indefinitely its rollout of new commercial terms after publishers' concerns
EU and UK antitrust authorities have received complaints about the new terms, which publishers and digital advertisers said would give Meta an unlimited right to use their content for its AI services. Meta has rejected the claims.
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