Nearly 400 US newspaper publishers have sued OpenAI and Microsoft, alleging the firms "scraped, copied, and ingested" their articles to train their AI models without permission. The lawsuit claims that the firms "systematically and secretly crawled" the publishers' websites and copied their original articles onto servers. This comes as CNN, Merriam-Webster, and Reddit earlier sued Perplexity AI.

The Andhra Pradesh government on Thursday signed an MoU with Bengaluru-based aerospace startup Airbound to launch a large-scale drone delivery network across the Amaravati Capital Region. The project aims to handle 10,000 drone flights a day, speeding up the movement of healthcare supplies and commercial goods. "Our goal is to beat the efficiency of trucks," Airbound CEO Naman Pushp said.

US lawmakers debating the future of the country's payment system cited India's Unified Payments Interface (UPI) as an example. The remarks came as fintech firms urged the US Congress to overhaul regulations governing access to America's payment network. Congresswoman Rashida Tlaib highlighted India's digital payments success, noting that UPI processes billions of transactions each month.

Public Sector Undertaking (PSU) mutual funds have delivered an average annualised return of 27.51% over three years and 25.01% over five years. They outperformed every major thematic category and most equity mutual fund categories during this period, as per The Financial Express. The returns were backed by several policy reforms and business changes over the past few years, it added.

The average retail price of tomatoes rose to ₹43.7 per kg on Wednesday, up 24% from a year earlier, reported Financial Express, citing the price monitoring cell of the Department of Consumer Affairs. Prices have also increased 26% over the past month. The price surge is driven by heat waves and erratic monsoon rains that disrupted supply chains.

Bitcoin fell below the $60,000-mark on Wednesday, hitting a low of around $59,023. This is its lowest price since October 2024. The market decline comes just ahead of the expiry of around $10 billion worth of Bitcoin options contracts on Friday. The plunge follows a sell-off in the stocks of large technology companies this week.

Two Pierre Jeanneret-designed heritage chairs linked to Chandigarh have been withdrawn from a Paris auction after Ministry of External Affairs intervened at last minute on the directions of UT Administrator Gulab Chand Kataria. The chairs reportedly bore inventory markings linking them to Panjab University and PGIMER. Chandigarh Police registered two FIRs over suspected theft and unlawful export.

Alibaba's shares fell to a 16-month low in Hong Kong after a US-based AI firm, Anthropic, accused Alibaba of "illicitly" accessing its AI models. The firm's shares fell about 4.9% after the claims, extending this year's decline to 33%, Bloomberg reported. Shares of other Chinese firms that develop large language models also fell, with Xiaomi and Baidu dropping over 3%.

Qualcomm on Wednesday announced it will buy AI startup Modular for nearly $4 billion to boost its AI software capabilities. Qualcomm is expected to issue up to 19.2 million shares of its common stock to Modular equity holders. Modular's software is used to "infer" or run AI models, with the deal expected to better position Qualcomm in the inference market.

Adani Group will outsource non-core activities and expand Global Capability Centres as part of a major organisational restructuring announced. The move aims to create a leaner, technology-driven organisation focused on core businesses while improving efficiency through automation and shared services. The strategy supports the their long-term expansion into data centres, nuclear energy.