June 2026

Reliance, the Indian conglomerate controlled by billionaire Mukesh Ambani, is embedding artificial intelligence across its telecommunications platform, which serves more than 500 million people. The company plans to integrate AI into calls, applications, and home services offered to its vast user base. Source The United States government has forced Anthropic to withdraw two newly released

Elastic has agreed to acquire DeductiveAI, a startup that uses artificial intelligence to identify and fix bugs in software, for up to $85 million. The three-year-old company was backed by Cascade Ventures. The deal marks Elastic's latest move to expand its platform with AI-powered capabilities for enterprise customers. Source Baseten, an AI inference startup, is

Anthropic has spent much of this week fighting to restore its newest AI models after the Trump administration ordered the company to cut access for all foreign nationals, including users inside the United States and its own employees. The company was forced to block access to Fable 5 and Mythos 5 for everyone, disrupting service

SpaceX has agreed to acquire Cursor, an artificial-intelligence coding platform, for $60 billion in stock just days after its blockbuster initial public offering. The company told IPO investors it sees a $26 trillion addressable market in AI. The takeover is designed to bolster Elon Musk's ambitions in artificial intelligence and help close the gap with

Salesforce has acquired Fin, an AI customer service platform, for $3.6 billion. The company plans to integrate Fin's team and technology into Agentforce, Salesforce's existing enterprise platform that allows businesses to build custom AI agents to automate tasks. Source Sarvam, a Bengaluru-based AI startup, has become India's newest unicorn after raising $234 million in a