Alibaba is set to ban employees from using Anthropic's Claude Code from July 10 over concerns it can identify China-linked users, Reuters reported, citing sources. Developers found the coding tool collects time zone and proxy data and embeds hidden markers in prompts sent to Anthropic. This comes days after Anthropic accused Alibaba of the largest known AI model distillation attack.

ICICI Bank is planning to raise at least $500 million through offshore bonds, Bloomberg reported. The fundraising, expected in the coming weeks under its Global Medium-Term Note programme, follows the RBI's recent easing of overseas borrowing norms. If completed, it would be the bank's first benchmark-sized US dollar bond issuance under the programme since 2017.

Indian benchmark indices traded higher on July 3, with Sensex hitting an intraday high of 78,157.52 and Nifty crossing 24,300. Softer US jobs data eased concerns over near-term Federal Reserve rate hikes, boosting appetite for emerging markets. The rally was further supported by a rebound in US equities after two days of AI-led losses and a decline in VIX index.

AI startup Anthropic is in talks with tech giant Samsung Electronics to develop a custom AI chip, according to The Information. The partnership is aimed at easing chip supply constraints and supporting rising demand for Anthropic's AI services. If finalised, the deal could strengthen Samsung's foundry business and challenge TSMC's dominance in chip manufacturing.

Mukesh Ambani and Sunil Bharti Mittal have joined a newly launched 44-member global commission on AI, which is led by Rwanda President Paul Kagame and Salesforce CEO Marc Benioff. The global commission, "AI for Good Global Commission", aims to strengthen trust, expand access and unlock AI's potential for real-world issues. Other members include Jensen Huang and Andy Jassy.

India's Yotta Data Services is looking to raise $1 billion from global and domestic investors by selling a 25-30% stake at a $3 billion valuation, according to The Economic Times. The Hiranandani Group's data centre arm is also considering an IPO in India. The fundraising will support expansion amid rising AI and cloud-driven demand for data centres.

US President Donald Trump was the first buyer of US stock market dip that came due to "Liberation Day" tariffs he announced in April last year, CNBC reported, citing his financial disclosure. Trump made 327 stock purchases on April 8, a day before announcing a 90-day tariff pause. He bought Apple, Amazon, Alphabet, Microsoft and Nvidia shares, which later rebounded.

Kurt Kromm, an electrician who'd worked at Ford's Kentucky factory for 11 years, was fired for "stealing" a ₹190 cookie he'd actually paid for. Kromm, who earns ₹1.9 crore/year, rushed to get a cookie after his blood sugar dropped, and paid for it despite encountering a glitch. Ford offered the job back after Kromm submitted payment proofs, but he declined.

31-year-old Sushma's life was once limited to managing her household in Katwara village of Rohtak district. Today, she has transformed herself into a successful fish farmer and a role model for rural women by earning nearly ₹20 lakh a year through fish farming. Her story shows how hard work and right guidance can change lives and is inspiring.

In a major reform aimed at improving ease of doing business in UT, Center has extended Punjab Right to Business Act, 2020, to Chandigarh with suitable modifications. The notification, issued by Ministry of Home Affairs under Section 87 of Punjab Reorganisation Act, 1966, seeks to establish streamlined, technology-driven regulatory framework for industrial and commercial enterprises in Chandigarh.