SoftBank to spend $87.5 billion on AI centres in France: Son

Japanese tech investor SoftBank will spend 75 billion euros ($87.5 billion) on artificial intelligence infrastructure in France, its founder Masayoshi Son told a French newspaper in an interview released Saturday. "75 billion euros in total," Son told La Tribune Dimanche weekly ahead of a French investment conference hosted by President Emmanuel Macron.

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Happiest Minds’ Q4 net profit jumps 80% amid AI adoption

Happiest Minds reported a significant 79.9% surge in net profit for Q4 FY26, reaching Rs 61.17 crore, driven by revenue growth and increased adoption of AI-led services. The IT firm's revenue grew 10.9% year-on-year to Rs 604 crore, with its generative AI business more than doubling. The company anticipates continued growth in FY27, projecting 12.7% revenue increase.

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Blue Origin investigates rocket explosion as public is warned about possible wreckage washing ashore

Blue Origin's New Glenn rocket exploded during a test firing, causing significant damage to its launch pad. This incident is a major setback for the company's plans, including its role in NASA's Artemis program. The explosion occurred just a month after the New Glenn fleet was grounded due to an engine issue.

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Listed digital payment majors finally turn a corner in FY26

Growth in the core payments business, expansion across credit products and wider adoption of revenue-generating payment instruments like credit cards on UPI, helped payment companies strengthen their bottom lines.

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Anthropic raises $65 billion, now valued at $965 billion

​Anthropic ​said on Thursday ‌it ⁠has ⁠raised $65 ​billion ​in ​a ⁠series ‌H ​funding ​round, valuing ⁠it at $965 ​billion ​post-money.

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No governance issue with shareholder resolution, will hold revote soon: Swiggy group CEO Sriharsha Majety

The resolution sought to amend Swiggy’s articles of association as part of a broader push to become an Indian Owned and Controlled Company (IOCC). It failed to secure the required 75% supermajority from shareholders, falling short by a slim margin at the meeting on May 21. Becoming an IOCC will allow Swiggy to operate its quick commerce business on an inventory model. Currently, in accordance with the foreign investment rules, it runs as a marketplace of sellers.

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Anthropic strengthens India team, appoints Sangeeta Bavi to lead startups

Announcing the move in a post on LinkedIn, Bavi pointed to her long ties with the founder community. "Founders have always held a special place in (my heart)," she wrote. "Their ambition, resilience and belief that they can change the world have taught me more than any other form of learning. That’s why joining Anthropic as Head of Digital Natives, Startups & Growth, India feels deeply meaningful."

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