Anthropic expects to match or exceed the size of Elon Musk's SpaceX IPO, which helped the space-tech firm raise $75 billion at the outset, Bloomberg reported. The Claude-maker is running the numbers as it prepares to publicly file for a potential mega-IPO as soon as this month. Notably, Anthropic raised $65 billion in May at a $965-billion valuation.

US-based financial software platform Stripe has announced acquisition of AI startup OpenRouter, which helps businesses route and optimise token usage. The deal is reportedly valued at $7.5 billion, over five times OpenRouter's $1.3 billion valuation from its May 2026 funding round. The acquisition comes as rising AI costs push companies towards cheaper models and routing tools.

Indian-origin Sankaet Pathak, Founder-CEO of humanoid robotics company Foundation, met US Department of Homeland Security officials and pitched his advanced war-ready robots to patrol US-Mexico border. The humanoids will cover bases that drones and watchtowers miss, said Pathak. In February, Foundation delivered two Phantom MK-I robots to Ukraine for front-line field testing amid war with Russia.

Unitree Robotics, recently added by Pentagon to its list of Chinese military firms, based its robot dogs on innovations funded by US DEVCOM Army Research Laboratory and other military programmes. Researchers said its Go series mirrored MIT's Mini Cheetah. Unitree studied public US military-funded research and leveraged China’s industry to mass-produce cheap robot dogs at scale globally for export.

Cognition CEO Scott Wu rejected a report that claimed Elon Musk's SpaceX attempted to acquire the AI coding startup. "Huge respect for the SpaceX team but Cognition is not for sale," Scott said. Reacting to his remark, Musk said, "What Scott says is accurate. We haven’t talked with Cognition about anything except making sure Grok works well for their needs."

Bill Gates' daughter Phoebe, whose startup Phia is facing 'cookie stuffing' allegations, reportedly attended a secretive invite-only course at Stanford University, where she pursued Bachelors in Human Biology. The course titled "So You Think You Can Rule the World?" taught students how to control society by "hacking" power structures and exploiting vulnerabilities in society to get what they want.

CBI has registered a case against BluSmart co-founders Anmol and Puneet Singh Jaggi for allegedly causing a ₹672-crore loss to IREDA. The state-owned renewable-energy lender had given loans to Jaggi brothers' company Gensol Engineering and its EV-leasing arm to procure EVs for the now-defunct EV cab-hailing service. However, the funds were allegedly misappropriated and diverted for personal use.

Bengaluru-based Murf AI launched Falcon 2, a text-to-speech AI model that can replace call centres. Falcon 2 is priced at $0.01 per generated minute, a fifth of the price of its competitors, is faster than rivals as it responds in under 100 milliseconds and is ranked higher than them in several benchmarks. Murf was founded by three IITians in 2020.

Indian startup founder Karthick Raajha listed the things he'll never do after running his marketing firm for six years. He said he'll never promote an employee just because they work the most hours and never mistake busyness for commitment. He noted that he doesn't take lightly the fact that his employees trusted him with their livelihood despite never meeting him.

Imagine Marketing, boAt's parent company, reported broadly flat revenue in FY25 but improved profitability. EBITDA rose from ₹7.7 crore to ₹142.5 crore, while the company moved from a ₹79.7 crore loss to a ₹61.1 crore profit. Working capital fell from ₹984.6 crore to ₹300 crore, borrowings declined to ₹60 crore, and cash surplus exceeded ₹350 crore. Revenue growth remains the next challenge.