An AI model that appeared anonymously on a developer platform last week has sparked speculation that DeepSeek may be quietly testing its next-generation V4 model, Reuters reported. The ‌Hunter Alpha chatbot that surfaced without any developer attribution on OpenRouter described itself as "a Chinese AI model" with data extending to May 2025, similar to DeepSeek’s reported knowledge cutoff.

Global investment firm KKR plans to invest $310 million in PMI Electro to expand its electric bus platform Allfleet and strengthen the company’s manufacturing capabilities. The deal that marks KKR’s first climate transition investment in the country will secure a minority stake in PMI Electro and a majority stake in Allfleet. It aims to deploy 5,000 e-buses across key cities.

In a first, Arizona's Attorney General Kris Mayes has filed criminal charges against Kalshi in a court, accusing it of running an illegal gambling ​business in the state. Mayes' office alleged that the prediction market startup unlawfully allowed people to put bets on elections. "States like Arizona want to individually regulate a nationwide financial exchange," Kalshi said.

French startup Mistral AI launched a custom model-training platform Forge, which lets enterprises build AI models using their proprietary data. The platform was announced at Nvidia GTC, Nvidia’s annual technology conference. Mistral has already made Forge available to partners, including Ericsson, the European Space Agency, Italian consulting company Reply and Singapore’s HTX, TechCrunch reported.

NVIDIA is making a version of its Groq AI chips for sale in the Chinese market, Reuters reported, citing two sources. This move comes as CEO Jensen Huang said NVIDIA has resumed production ​of H200 chips after getting export licenses ​from the US and orders from Chinese customers. Reports stated that chips being made for China are not downgraded versions.

Microsoft is weighing legal action over a $50 billion cloud deal between Amazon and OpenAI that could violate its exclusive cloud agreement with the ChatGPT maker, FT reported. The dispute centres on OpenAI offering Frontier, its enterprise platform for building and running AI agents, via Amazon Web Services. Microsoft is one of OpenAI's earliest investors.

Crypto investment platform CoinSwitch launched DigiVault, a crypto custody platform for High-Net-Worth Individuals (HNIs), family offices, and Web3 enterprises to build next-generation applications. DigiVault allows partners to onboard assets on an integrated platform. "Clients' demand for safe, India-first custody solution led us to open DigiVault," said Ashish Singhal, CoinSwitch's Co-founder.

OpenAI CEO Sam Altman responded after an X user claimed the startup is moving away from its iPhone designer Jony Ive-led hardware efforts without launching a product. "We're not shutting it down, quite the opposite! I think you will love what the team is building," Altman said. OpenAI acquired Ive's AI device startup io for $6.5 billion last year.

Minister of State for Commerce and Industry Jitin Prasada said women-led startups in India are receiving increased government funding support. As per Commerce Ministry data, about half of India’s recognised startups have at least one woman director/partner. Under the Fund of Funds for Startups, investments in women-led startups have increased from ₹333.96 crore in 2020 to ₹914.47 crore in 2025.

As many as 137 startups from across the country are set to take part in the Bharat Innovates Deep-Tech Pre-Summit at IIT Bombay this weekend to showcase their ideas. The platform is a Ministry of Education initiative, launched under the ‘India-France Year of Innovation 2026’. Officials said around 100 promising projects may receive mentorship and international exposure through the initiative.