Google has committed to investing up to $40 billion in Anthropic, the AI safety company behind the Claude family of models. The deal expands an existing partnership between the two and marks one of the largest single investments in an AI company to date. Anthropic was founded in 2021 by former OpenAI researchers, including Dario Amodei and Daniela Amodei, and has positioned itself as a safety-focused rival to OpenAI and Google's own Gemini platform. Google is simultaneously a competitor to Anthropic's technology and now its largest external backer. The investment signals that Google is hedging its AI bets across multiple fronts rather than relying solely on in-house development. This follows a pattern seen across big tech, where firms back outside AI labs to secure early access, influence model direction, and capture upside if those labs scale. For markets, the deal reinforces sky-high valuations in the AI sector and keeps pressure on Microsoft, which holds a comparable anchor investment in OpenAI. Watch for regulatory scrutiny of overlapping competitive and investment interests.
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.
