Anthropic has declined venture capital funding offers that would have valued the AI safety company at more than $800 billion, choosing to hold off on a new financing round for now. The company, backed by Google and Amazon, has already raised billions at a valuation well below that figure, making the reported offers a significant step-change in how the market is pricing frontier AI developers. The $800 billion-plus figure would place Anthropic among the most valuable private companies in history, reflecting the intense investor appetite for exposure to large language model infrastructure and safety-focused AI development. The decision to pass, at least for now, suggests Anthropic's leadership sees no immediate capital need and may prefer to wait for a more strategic moment or a higher baseline. For investors, the episode signals that top-tier AI lab valuations are still moving sharply upward even without closed deals, while the terms of any future round will likely serve as a benchmark for the broader private AI sector.
Apple has raised MacBook and iPad prices in India by 20% to 42%, citing a sharp surge in memory chip costs driven by AI data centre demand. Micron, the leading memory supplier, reported 86% gross margins, confirming that supply pressures have fundamentally shifted component pricing across the consumer electronics
India's central government will take a 1-2% stake in AI unicorn Sarvam once its $300 million funding round closes, converting compute subsidies provided under the IndiaAI Mission into equity. The move sets a precedent for how the government accounts for public support given to homegrown AI startups.
Apple announced iOS 27 at WWDC 2026, featuring a redesigned Siri as a standalone app with chat history, apps launching up to 30 percent faster, and a refined Liquid Glass interface. A developer preview is live now, with public release expected around September 2026.
Apple's WWDC 2026 keynote unveiled a fully redesigned Siri and confirmed iOS 27 alongside updates for iPadOS, visionOS, watchOS, and macOS. The Siri overhaul is the most strategically significant move, targeting a competitive gap with Google and Microsoft in AI assistants.
