Tuesday, September 16, 2025
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India Announces ₹8,300cr Deep Tech Fund for AI & Semiconductors

India Deep Tech Investment Alliance launches a ₹8,300 crore fund to accelerate development in semiconductors and artificial intelligence sectors, strengthening India's technological sovereignty and creating growth opportunities in critical tech infrastructure.

AI in Industries

AI Hospitality Adoption Reaches 33% in Canada Amid Fraud Rise

AI adoption for travel planning among Canadians surges to 33%, according to Adyen's latest report, while fraud attempts increase by 35%. The dual trend highlights both technological advancement and growing security challenges facing Canadian hospitality and travel businesses as they balance innovation with operational protection and customer trust.

AI in Trading: Robinhood Joins S&P 500; CEO Backs Human Oversight

Robinhood enters the S&P 500 in September as CEO Vlad Tenev says AI will assist, not replace, human traders. The move underscores fintech maturity and diversification, including sports prediction markets, aiming to boost engagement and operational efficiency.

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Krutrim Layoffs Explored: Ola AI Arm’s Strategic Shift

Ola's AI unit, Krutrim, cuts 50 jobs in a strategic restructuring, impacting its large language model ambitions. The move raises questions about its market position.

AI Policy & Regulations

Anthropic’s $1.5B Settlement Sets Precedent in AI Copyright Litigation

Anthropic settles for $1.5B, marking the largest U.S. copyright payout. The case sets a legal precedent for AI compliance in data licensing. Business leaders should enhance compliance strategies to avoid similar risks.

UK Signs £400M Deal with Google Cloud for AI Defence Boost

The UK government partners with Google Cloud in a £400 million deal to enhance AI and cybersecurity defence capabilities. This agreement promises to bolster secure communication links and tech job growth. Executives should note the strategic alignment with the UK's defence review.

AI Chatbot Compliance Law Sets New US Safety Standards

California passes a landmark AI chatbot law mandating safety measures to protect minors, with significant implications for tech developers.

AI Legal Automation Pilots Transform UK Court Functionality

His Majesty's Courts and Tribunals Service (HMCTS) launches AI pilots targeting transcription, judgment, and case management. These improvements aim to modernize the UK justice system while maintaining regulatory standards, impacting how legal processes are conducted globally.

AI Energy Collaboration: South Korea Invests C$97B, Partners with Canada

South Korea's C$97 billion investment in AI infrastructure, leveraging Canadian energy resources, aims to secure its position among global AI leaders. This strategic move, under President Lee Jae Myung, encompasses tech clusters and power grid modernization to support AI growth.
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New AI Startupss

Meta unveils Superintelligence Labs initiative to advance artificial intelligence model development with emphasis on recruiting top-tier talent and enhancing research infrastructure capabilities across global operations.
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