Apollo Global Management and Blackstone are arranging a $36 billion debt deal to fund Anthropic's AI infrastructure expansion, Bloomberg reported on Thursday. With Broadcom backing key parts of transaction, the financing is expected to help buy Google's tensor processing units (TPUs), which Anthropic will lease for operations. Anthropic raised $65 billion at post-money valuation of $965 billion.

Anthropic has cut its list of unauthorised platforms trading its shares from eight to four after the warning triggered investor panic and criticism from one of the companies named. Anthropic stated that any sale or transfer of its stock offered by these firms is void. Shares of Anthropic are in high demand as its valuation has jumped to $965 billion.

A three-bedroom home listed for sale in San Fransciso is accepting shares of Anthropic or OpenAI as payments. The 2,495-square-foot house, which offers luxurious amenities, including 10-foot ceilings, custom cabinetry and remote-controlled solar skylights, is priced at $2.9 million (around ₹28 crore). Demand for unlisted shares of both AI startups has risen amid their soaring valuations.

OpenAI has announced that GPT-4.5 will be retired from ChatGPT on June 27, following a 30-day sunset period, according to the company's updated release notes. The model, available only to paid users, is being phased out as OpenAI is shifting focus towards newer AI systems. However, GPT-4.5 will remain available through APIs, with the changes being applied to ChatGPT only.

NSE has extended the market closing time for futures and options (F&O) contracts by 10 minutes, from 3:30 pm to 3:40 pm, effective August 3. The move aligns derivatives trading with the newly introduced Closing Auction Session, scheduled from 3:15 pm to 3:35 pm, which will determine the official stock closing prices. The trade modification end time shall remain unchanged.

Finance Ministry's Economic Review for May flagged multiple risks facing the Indian economy, which still reflects "cautious resilience". It noted that the West Asia war is a "major shock" and that its pressures are beginning to transmit into domestic economic conditions. It also flagged risks like rising wholesale inflation, moderation in fuel consumption and industrial activity, and FPI outflows.

Indian companies have announced share buybacks worth about ₹25,000 crore in 2026 so far, the highest level since 2023, Mint reported. Twenty-two firms have unveiled buyback plans this year, including 10 in the last two months alone. Analysts attribute the surge to favourable tax changes and strong balance sheets, with Wipro's ₹15,000 crore offer being the largest.

Foreign Portfolio Investors (FPIs) remained net sellers for the third straight month, pulling out ₹32,963 crore from Indian equities in May, according to NSDL data. This comes amid ongoing tensions in West Asia, which have led to a surge in crude prices, raising concerns over India's import bill and inflation trajectory. FPIs had sold equities worth ₹60,847 crore in April.

NSE welcomed the new rule allowing companies to channel up to 10% of their annual CSR spending through instruments listed on Social Stock Exchanges, saying it would benefit not-for-profit organisations. The move also permits investments in Zero Coupon Zero Principal Instruments, enhancing funding accessibility. A social stock exchange enables social organisations to raise funds from public.

The GST Department has issued a tax demand notice of ₹124.65 crore to SpiceJet over alleged non-filing of GST returns for several months, officials said. Authorities have also issued a show-cause notice seeking cancellation of the airline's GST registration. The department added SpiceJet repeatedly committed irregularities in filings, leading to dues of nearly ₹12 crore each in February and March.