OpenAI Foundation announced an initial $250 million (about ₹2,400 crore) commitment to help workers and economies manage AI-driven disruption. The funding will support research on AI’s impact on jobs, worker assistance programs, and efforts to spread AI’s economic benefits more widely. OpenAI said rising ​use of AI tools capable of automating tasks is creating urgent challenges for labour markets.

Anthropic warned that advanced AI models like Claude can sometimes break rules, make human-like mistakes, and behave in unexpected ways despite safety training. The startup identified user misuse, model misbehaviour, and external attacks like prompt injection as major risks for AI agents. The company also warned that the "blast radius" of failures is growing as AI agents become more advanced.

Entrepreneur Rounak Adhikary went viral after sharing a 2022 clip in which Ashneer Grover cut off his public pitch attempt saying, "Tu baith jaa." Four years later, Adhikary's startup ProjectX was selected for Y Combinator's Spring 2026 batch. His comeback video, captioned "Baith gaya bhai," drew millions of views online.

Gaming firms could reportedly face a tax liability of around ₹2.5 lakh crore after the Supreme Court upheld the retrospective 28% GST on online gaming. The government had raised tax demands worth about ₹1.12 lakh crore against 71 companies, which could rise further with penalties and interest added. Major firms facing tax demands include Dream Sports and Delta Corp.

Andhra Pradesh-based startup Red Balloon Aerospace launched India's first indigenous high-altitude super-pressure balloon from Vijayawada. Part of its VISTA platform under Mission SANA, the balloon reached about 25 km above Earth carrying commercial payloads from seven national and international partners. The platform supports facilities like telecom, disaster monitoring and Earth observation.

The Supreme Court has upheld 28% GST imposed on online gaming, fantasy sports and casinos involving stakes. The court allowed retrospective imposition of the tax, a move that could trigger tax demands worth hundreds of crores of rupees. The order entails that GST will now be levied on the full value of bets placed through online gaming platforms and casinos.

Ola Electric is preparing to enter India's quick commerce and gig mobility segments after receiving regulatory approval for a new electric scooter, Moneycontrol reported. The vehicle is aimed at commercial use cases such as food delivery, courier services and urban fleet operations. The certification was granted by ARAI under CMVR rules, a mandatory certification required before commercial sales.

Government is planning to sell 2% of its stake in LIC in late June or early July to institutional investors to raise nearly ₹10,000 crore, reported Bloomberg. The government, which owned 96.5% of LIC as of March 31, raised ₹21,000 crore after offloading 3.5% stake in 2022 via IPO. Shares of LIC fell by 4% after the report.

Pernod Ricard, maker of Absolut vodka, hid Scotch whisky imports' composition and age to hide their true value and avoid paying ₹3,000-crore tax to India, Reuters reported. Indian investigators concluded that Pernod "intentionally complicated" disclosures with new malt codenames to make work difficult for customs officials. Pernod undervalued its bulk Scotch concentrate imports by 67.49%.

Tata Sons board meeting held in Mumbai on Tuesday ended without a formal announcement. However, ET Now reported that the board reviewed turnaround plans presented by select group CEOs, who outlined business revival strategies during the meeting. CEOs of Air India, Agratas, Tata Digital, Tata Electronics, and Tejas Networks made presentations. The possible listing of Tata Sons was also discussed.