Harshdeep Rapal, CEO of AI startup Legitt AI, shared an email from an IIT Hyderabad student titled, "Your name is in Epstein files." However, inside the email, the student expressed the desire to work with the startup, saying, "Hello Harshdeep, Just kidding, I wanted you to open the mail." "Folks, please don't do this...This approach won't help you," Rapal said.

Girnar Insurance Brokers, the parent of tech startup InsuranceDekho, plans to launch an IPO to raise around $250 million (roughly ₹2,300 crore), Bloomberg reported. The company has held discussions with investment banks and may appoint advisers in the coming weeks. The IPO, expected later this year, will likely be a mix of fresh issue and secondary sale.

GREW Solar raised ₹1,050 crore led by Bay Capital Investment Limited under CEO Vinay Thadani, with earlier backing from Vijay Kedia and Rohit Kothari. The funding supports Chiripal Group’s plan to build 8 GW cell capacity by 2026. The expansion will strengthen India’s solar manufacturing footprint in Rajasthan and Madhya Pradesh and boost global renewable supply ambitions.

AI startup Simile has secured $100 million in funding to help businesses predict human behaviour using AI-powered simulations. Founded by Joon Park, Michael Bernstein, Percy Liang, and Lainie Yallen, the company enables firms to test decisions, product strategies and market responses before real-world rollouts, reducing risk while improving enterprise planning and customer outcomes today.

The India-AI Impact Summit 2026 will attract 15-20 Heads of Government, over 50 international ministers, and more than 40 global and Indian CEOs. Delegations from over 100 countries are expected to participate. French President Emmanuel Macron and Brazilian President Luiz Inácio Lula da Silva are among the key figures attending the first such summit hosted in the Global South.

xAI CEO Elon Musk called US-based AI startup Anthropic "misanthropic" after the Claude chatbot maker raised $30 billion in funding, more than doubling its post-money valuation to $380 billion. "Your AI hates Whites and Asians, especially Chinese, heterosexuals, and men," Musk said. "This is misanthropic and evil...You were doomed to this fate when you chose your name," he said.

Anthropic, the AI startup behind Claude, has reached a post-money valuation of $380 billion after securing $30 billion in a Series G funding round. Led by GIC and Coatue, this was the second-largest private tech fundraising round, only topped by OpenAI's $40 billion round last year. The round was co-led by DE Shaw Ventures, Dragoneer, Founders Fund, ICONIQ and MGX.

Thousands of ChatGPT users are reportedly cancelling their subscriptions amid concerns about growing connection between US President Donald Trump's administration and tech giants. The development came amid reports that OpenAI President Greg Brockman donated $12.5 million to a super PAC supporting Trump. Activists noted that US immigration agency uses a resume screening tool backed by ChatGPT 4.

Microsoft AI chief Mustafa Suleyman has warned that AI could soon automate most white-collar jobs. "White-collar jobs- those sitting in front of computers, whether lawyers, accountants, project managers or marketers- most of these tasks will be fully automated by AI within the next 12-18 months," he said. Suleyman added that as AI technology advances, building new models will become easier.

Arvinas shares slumped 11% after appointing Randy Teel as the new CEO to replace retiring John Houston. Teel, previously the Chief Business Officer, was chosen after a "comprehensive search". Despite the drop, retail sentiment remains bullish on the new chief's credentials and the company's PROTAC platform success.