Amazon has announced that it will invest up to $25 billion in Anthropic as part of a deal to develop AI infrastructure. Anthropic has also committed to spending over $100 billion on Amazon Web Services (AWS) in the next ten years. The deal is in addition to the $8 billion Amazon had previously invested in the Claude maker.

South Korean firms Krafton and Naver have partnered with Mirae Asset Venture Investments to launch a ₹6,000 crore India-focused Unicorn Growth Fund to back growth-stage startups. The fund, which is one of the largest Asia-backed pools for Indian startups, will invest in sectors such as technology platforms, consumer discretionary, AI and software, and deep tech.

Jeff Bezos' AI startup Project Prometheus is nearing a $10-billion (₹93,320 crore) funding round at a $38 billion (₹3.54 lakh crore) valuation, the Financial Times reported. The round may include investors like JPMorgan and BlackRock. Founded last year, the company focuses on applying AI to engineering and manufacturing computing, automobiles, and spacecraft.

The Karnataka government plans to move the Supreme Court against a High Court order from January that lifted the ban on bike taxis, allowing operators to seek permits, Financial Express reported. Ride-hailing platforms Uber, Ola and Rapido had earlier challenged the ban in Karnataka. Uber said that bike taxis cater to a different commuter segment rather than replacing auto-rickshaws.

US-based Reverie Labs Co-founder Ankit Gupta took to X and said that he met a member of security, helping out with Y Combinator's Startup School India event in Bengaluru. "He is a mechanical engineering college student and just showed me the product he's launching next week," Gupta, a Harvard-educated entrepreneur, said. "India is truly cracked," he added.

OpenAI Chief Revenue Officer Denise Dresser, who accused rival Anthropic of inflating revenue run rate by $8 billion in an internal memo, said the Claude-maker's story is built on "fear and restriction". "The market is as competitive as I've ever seen it. I believe that's ultimately a good thing," Dresser said. This comes as Anthropic's revenue run rate surpassed OpenAI's.

Three out of the four Indian girls, who scripted history at 15th European Girls' Mathematical Olympiad last week, were part of The Sophie Fellowship. It's a student-run initiative to assist high-schoolers passionate about mathematics. Gold medalist Shreya Shantanu Mundhada was Sophie Fellow 2024 and Silver medalist Sanjana Philo Chacko was Sophie Fellow 2023. Shrimoyee Bera was Sophie Fellow 2025.

AI startup iLearningEngines's two Indian-origin former executives, CEO Puthugramam Chidambaran and CFO Sayyed Farhan Ali Naqvi, have been indicted on charges of defrauding investors and shareholders. As per US Justice Department, the startup "fabricated virtually all its customer relationships and revenues". It claimed 90% of iLearning's 2023 revenue of $421 million (over ₹3,910 crore) was false.

Groww reported strong Q4 FY26 results, with revenue rising 87% to ₹1,505 crore and profit jumping 122% to ₹686 crore. Growth was driven by higher retail investor activity and increased trading during market volatility. The performance marks a sharp recovery from the previous quarter, highlighting improved efficiency and sustained momentum in India’s fast-growing fintech and brokerage sector.

Clarity Labs has raised over ₹4 crore in a seed round led by Artha Venture Fund II, with angel investor participation. The startup will use the funds to expand product development, categories, and distribution. Launched in 2026, it focuses on simplified, outcome-driven personal care products amid rising demand for effective daily-use solutions.