Stockbroker firm Groww's promoters sold shares worth ₹250-260 crore over the past few days and are likely to invest in startups and philanthropy from the proceeds, Moneycontrol reported. This represents a total 0.23% stake and marks the founders' first major liquidity event in nearly a decade. Promoters hold a 27.4% stake in Groww, the highest such holding in new-economy companies.

If Elon Musk had won the case against Sam Altman, the OpenAI CEO could have faced about $150 billion in damages and would have been removed from the company’s board, as sought in Musk’s reliefs. The ruling in Altman’s favour has instead eased the path for a potential IPO. The trial however included personal allegations that may affect Altman’s reputation.

After losing the case, Elon Musk's lawyer Marc Toberoff said the ruling could encourage startups that begin as nonprofits to later form for-profit entities to raise funds, scale, and enrich their executives. He called it a "brand new formula for Silicon Valley." Musk said he will appeal and reiterated that Sam Altman saw OpenAI as a means to significant wealth.

Following the Y Combinator Startup School in Bengaluru, free AI tool credits handed to attendees have appeared for resale online, The Economic Times reported. About 2,000 attendees received credits worth $25,000. Developers are reselling credits for platforms like AWS, OpenAI, Azure, and Anthropic at discounts of 20-40%. For early-stage AI startups, such credits help offset high backend costs.

Sumit Jain, CEO of Unacademy's test-preparation business and one of its Co-founders, is stepping down from his full-time operating role. Jain's last working day in a full-time operating capacity will be June 30, after which he will continue with the company in an advisory role, CEO Gaurav Munjal said. The exit comes ahead of Unacademy's proposed merger with upGrad.

MeitY plans to build a "360-degree" national startup database to digitally map companies across funding, incubators, patents, and investors on a unified platform. The proposal, outlined in a tender by the MeitY Startup Hub (MSH), was issued last week. The platform is not limited to maintaining startup records but will also manage applications, evaluations, grants, and mentorship programmes.

Elon Musk left a federal courthouse in Oakland after a nine-person jury unanimously rejected his sweeping lawsuit against OpenAI, Sam Altman and Greg Brockman, according to court proceedings. Musk, once a co-founder of the AI firm, reacted defiantly, saying, "the judge & jury never actually ruled on the merits" following the verdict in the case outcome.

Anthropic said on Monday it has acquired Stainless, whose tools are used by rival AI labs including OpenAI and Google. The company did not disclose the deal terms, though reports had earlier valued the potential acquisition at over $300 million. Founded in 2022, the New York-based firm builds software that simplifies access to AI models.

Elon Musk-owned X has introduced new daily posting limits for non-verified users, capping accounts at 50 original posts and 200 replies per day. The platform said the move is aimed at reducing backend strain, downtime, and error pages. Users who exceed the limits will receive an error message notifying them which limit they have reached.

Meta's plan to fire 8,000 employees in a single day has surfaced as the company shifts focus to becoming AI-native. An internal memo seen by Reuters revealed that Meta also plans to reassign - or 'draft', as many employees refer to it - 7,000 employees to AI workflows. In addition, "many leaders will announce organisational changes", the memo said.