AI coding startup Lovable said it will give employees a 10% annual pay raise on their work anniversaries. "People get more valuable the longer they stay, and they shouldn't have to worry about getting a raise or not," CEO Anton Osika said. "We don't take retention for granted. It's treated as compounding value that is actively...rewarded," Lovable's Elena Varna stated.

Quick commerce startup Zepto has received formal approval from SEBI for its IPO and is expected to raise $1 billion (over ₹9,000 crore), NDTV Profit reported, citing sources. The firm plans to file an updated draft red herring prospectus (DRHP) in the next two months with the market regulator. Zepto received shareholder approval for the IPO on December 23, 2025.

Google is exploring investments in India across AI infrastructure and the manufacturing of servers and drones, Union Minister for Electronics and Information Technology Ashwini Vaishnaw said on Friday. The development comes after the company announced a $15 billion investment to build a data centre in Visakhapatnam, Andhra Pradesh. This marks one of the largest foreign direct investments in India.

SoftBank Group has downsized plans for a $10-billion margin loan backed by its stake in OpenAI after some creditors showed reluctance, Bloomberg reported. SoftBank and bankers have decided to revise the target to an amount as ​low as $6 billion. Earlier this year, the Japanese investor had secured a $40 billion bridge loan to fund its AI investments.

Anthropic is considering raising tens of billions of dollars to expand its computing capacity, the Financial Times reported. The move could push its valuation close to $1 trillion and position it ahead of rival OpenAI, which was valued at $852 billion in March. Last month, Anthropic secured $65 billion in funding commitments from Google and Amazon.

Fashinza Co-founder and former CEO Pawan Gupta has left the company to explore opportunities in the AI space, Moneycontrol reported. Co-founder Abhishek Sharma is now the only remaining founder at the Accel-backed startup. The development comes as Fashinza struggles to deliver expected results, with revenue declining from ₹33 crore in FY22 to ₹6 crore in FY25.

Gameskraft Technologies is under investigation after the Enforcement Directorate (ED) registered a money laundering case against it and its related entities, CNBC-TV18 reported. All three founders have been arrested. The case is based on multiple FIRs alleging cheating and fraud of around ₹1,000 crore linked to the firm, which operates real-money gaming apps including RummyCulture and RummyTime.

Hotmail co-founder Sabeer Bhatia questioned the hype over India's 10-minute delivery model, saying, "Delivering shampoo and chips faster is logistics optimisation—not innovation. Innovation is creating things...never seen before." "Real innovation isn't only inventing rockets...it's solving everyday problems with technology," a user argued. The model promotes "modern-day slavery", said another.

The official Coinbase website remained down for hours on Friday, hours after the company announced that AI was handling most of its workflow. The company had also announced its plans to fire 14% of its workforce, or 700 employees, on Thursday. The website's outage affected core functions, such as user transactions, and caused degraded performance due to an AWS outage.

Ex-JPMorgan banker Chirayu Rana, who accused his ex-colleague Lorna Hajdini of forcing him to become her 'sex slave', has hired a New York law firm's partner, Daniel Kaiser. Kaiser has previously represented multiple victims of sex offender Jeffrey Epstein. One of the victims he represented was Jennifer Araoz, who claimed Epstein groomed her for sex since she was 14.