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Foreign investors sold ₹4,730 crore worth of Indian government bonds on 11 September, marking a major sell-off. The gap between Indian and US bond yields hit its lowest point since 2008. As global debt rises, investors now demand higher interest rates, making borrowing costlier for governments and many companies worldwide.
Anthropic and OpenAI CEOs recently said their advanced AI models are dangerous and need regulation. The companies want to shape safety rules while seeking public favor before going public. OpenAI spokesperson Liz Bourgeois said, “People want to know AI is being developed safely, and that starts with what companies do.”
India’s first networked orbital data centre will head to space aboard a SpaceX Falcon 9 in 2028. Hyderabad-based TakeMe2Space signed a launch agreement for its Generation-2 satellites. These units will carry Nvidia GPUs and 100 TB of storage each, using optical links to share computing workloads while orbiting the Earth.
Raghu Raghuram of Andreessen Horowitz said it is too early to write off India in the AI race. Although the country has few frontier model companies and limited computing capacity, he believes local startups can use open-weight models to build services before they eventually start training their own models.
OpenAI said on Friday that it has begun an extensive review of its models after multiple rogue agent incidents. The company also halted training of its newest artificial intelligence models. CEO Sam Altman wrote on X, “We will be as transparent as we can be subject to things like vulnerabilities.”
Meta shares jumped 36% in September through Thursday’s close after the company released its Muse personal AI assistant. Investors now feel optimistic about the $140 billion AI bet. Rob Biederman said, “Muse clearly validates its AI strategy and position.” The stock is now nearing a $2 trillion market value.
A federal jury in San Diego ordered Apple to pay $5.7 billion for infringing two patents related to haptic technology. Apple said, “Apple’s Taptic Engine is fundamentally different from Taction’s technology.” The company plans to appeal the verdict, which followed a five-and-a-half-year legal battle that started back in 2021.
A viral Instagram video by sharma.mohit shows a mother using Gemini to upload a WhatsApp status. She patiently followed the AI chatbot’s instructions to post a family photo. The caption, “Gemini being the son my Mom always wanted,” made the wholesome interaction relatable to many people using social media today.
Microsoft co-founder Bill Gates said on Sunday that Congress must pass legislation for AI safeguards. He argued that self-regulation is not enough after OpenAI reported an agent went rogue in July. "You need law enforcement and the politicians to get into the discussion about what safeguards and monitoring look like."
The Central Consumer Protection Authority imposed a Rs 10 lakh fine on Bengaluru-based Xboom for selling anti-drone and jammer devices without proper approvals. The authority said the firm listed restricted products online without required disclosures. Xboom now has 15 days to submit a compliance report regarding these unfair trade practices.
Google said on Friday that the hacking group ShinyHunters renewed mass exploitation of a security flaw in Oracle's PeopleSoft software. The hackers targeted organizations that did not apply a patch. These attacks affected dozens of systems globally, including government and healthcare sectors, after the group also claimed to steal FBI data.
Mark Zuckerberg got his mojo back at Meta’s annual Connect event. He showed off new audio glasses that use AI and microphones but have no cameras. By removing the cameras, he removed the creep factor. "Stay optimistic out there," he said, offering a hopeful vision instead of an impending apocalypse.