OpenAI's Sam Altman won't do IPO this year, calls AI extinction risk 'unacceptable'

The comments come as more US lawmakers urge new rules to govern AI systems after dire warnings from two researchers from OpenAI rival Anthropic that rapidly progressing AI could lead to the extinction of the human race in the not-too-distant future.

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The Next Decade of PhonePe and Future of Digital Payments | Deep Agarwal | Global Fintech Fest 2026

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Karnataka government to fund 100 startups with Rs 25 crore for pilot projects in government departments

Selected startups can get work orders of up to Rs 25 lakh each for pilot projects under an initiative called Government First under goverment's flagship Elevate programme, announced as part of Karnataka’s Startup Policy 2025-30.

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Anthropic says it blocked misuse of its AI that could have supported biological weapons

"The cases we share here aren't typical misuse, but rather examples of the most notable and novel threat activity we've identified to date," Anthropic said in its third report since March 2025 describing AI misuse. The report includes snippets of the malicious code and AI prompts Anthropic said it found, and urges governments and AI competitors to identify and prevent similar abuse.

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OpenAI is open to slowing AI development: Sam Altman tells staff

⁠Altman told employees in a company-wide meeting that the ChatGPT maker ​could pace development alongside other AI labs, but some may not agree, ​the report added.

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MDR on UPI coming soon; India's new class of robot workers

Happy Friday! With a fee on UPI set to come into the picture soon, issuing banks are poised to claim the biggest slice. This and more in today’s ETtech Morning Dispatch.

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Indian-origin couple gifts $20 millon to American university for focus on AI, advanced analytics

Anuradha and Vikas Sinha have gifted USD 20 million to the University of North Texas (UNT) with a focus on artificial intelligence and advanced analytics while creating new opportunities for students and faculty, a press statement said.

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