For the first time, Anthropic has more verified business customers than OpenAI, according to data from fintech firm Ramp. The data revealed 34.4% of businesses are paying for Anthropic services, more than any other AI lab, while only 32.3% pay for OpenAI. Anthropic's services have seen a huge spike in adoption, particularly as several companies embraced Claude Code.

The Supreme Court refused to stay Raghuvanshi Investment's May 17 meeting in a new case filed by Rani Kapur against her daughter-in-law Priya. "Why are you here again? If you're not interested [in mediation]...we'll not waste time," the court said. "We all [come and go] with empty hands. All we carry is our souls," it added, urging parties to mediate.

India and the UAE are expected to finalise agreements to strengthen cooperation in LPG and strategic petroleum reserves during Prime Minister Narendra Modi's UAE visit on May 15, PTI reported. The visit comes shortly after the UAE's exit from the Organisation of the Petroleum Exporting Countries (OPEC). The two sides will also discuss ways to expand bilateral trade and investments.

TVS Group is set to acquire a 9.99% stake in Jana Small Finance Bank through a preferential allotment, CNBC-TV18 reported. The group is expected to invest between ₹450 crore-₹500 crore in the bank. The proposed deal has been structured just below the 10% regulatory limit for corporate ownership in banks to avoid additional compliance requirements.

Meta Platforms is rolling out an "Incognito Chat" feature with Meta AI on WhatsApp. The company said the feature will use private processing technology so conversations with AI cannot be accessed by anyone, including Meta. "Your conversations are not saved and by default, your messages disappear, giving you a space to think and explore ideas without anyone watching," it said.

Walmart has cut 1,000 jobs to sharpen its technology-focused strategy, Reuters reported. This comes as the retailer expands its marketplace and delivery businesses to attract higher-income shoppers. "We've made changes to simplify how the work is organised...and better align roles to the work and skills we need going forward," Walmart's head of global technology said in a memo to employees.

The Supreme Court on Thursday granted interim relief to Rani Kapur in the inheritance dispute over her son Sunjay Kapur’s ₹30,000-crore assets. SC put on hold the proposal to appoint two independent directors on the board of Raghuvanshi Investment, a key entity linked to the Rani Kapur Family Trust. The proposal could drown out Rani Kapur’s voice, the SC said.

US hedge fund Citadel has told members of its global quantitative strategies team that they must either relocate or leave firm, Financial Times reported. Citadel denied earlier reports linking the move to data security concerns and said the changes were part of a broader strategy to bring teams closer together. Some researchers relocated to Singapore or Miami, while others resigned.

Government approved ₹37,500-crore scheme for the promotion of coal gasification projects. Coal gasification reduces pressure on foreign exchange reserves by substituting costly imports of critical fuels and industrial chemicals with products made from India's abundant domestic coal reserves. By converting coal into synthesis gas, India can domestically produce LNG, ammonia, methanol, and urea.

The shares of 11 newly-listed new age startups will be unlocked and become available for trading between May and August, as pre-listing lock-in periods expire, Moneycontrol reported. The shares, valued at ₹2.3 lakh crore, belong to startups like Groww, Lenskart, Pine Labs, Meesho, Amagi, Shadowfax and PhysicsWallah. The highest amount of unlocked shares belong to Groww, totalling ₹78,808 crore.