Google has committed at least $10 billion to AI startup Anthropic, with the total potentially reaching $40 billion if Anthropic hits certain performance targets, according to Bloomberg. The deal comes just days after Amazon made a $5 billion initial investment in Anthropic under a similar structure that allows for additional funding tied to performance milestones. Both deals value Anthropic at $350 billion. Anthropic makes the Claude family of AI models and has seen strong growth in their adoption. One product drawing particular attention is Claude Code, a tool designed to help developers and companies write software faster. Results vary widely depending on the project type, how the tool is used, and the company's setup. The back-to-back investments from two of the world's largest cloud providers signal an intensifying race to lock in access to frontier AI. For Anthropic, the capital provides runway to scale its models and infrastructure. For Google and Amazon, the stakes go beyond financial return, both compete directly with Anthropic's biggest rival, OpenAI, which is backed by Microsoft.
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.
