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BusinessPhoto: ET MarketsAnthropic, founded by former OpenAI researchers, aims to raise up to $64.4 billion in its upcoming IPO, targeting a valuation of $1.02 trillion. The company has seen rapid revenue growth driven by enterprise adoption of its AI models but continues to face significant operating losses due to heavy infrastructure investments.
ET Markets·
PoliticsPhoto: HT WorldA fresh wave of violence in Bangladesh saw at least one person killed and multiple vehicles torched overnight. Eight vehicles, including buses, were set on fire in various locations such as Dhaka, Chattogram, and Faridpur. Crude bombs exploded at several sites. Police arrested 11 people and detained six amid clashes, including in Tungipara, former PM Sheikh Hasina's hometown. The unrest followed a nationwide blockade called by the Chhatra League.
HT World·
PoliticsPhoto: Hindustan TimesGurugram traffic police impounded a motorcycle with 67 pending traffic challans totaling ₹4,06,500 during a checking drive at Damdama red light. Most violations included riding without a helmet, no valid insurance, and no Pollution Under Control certificate. The vehicle was seized after the owner failed to produce required documents. Police urged riders to follow traffic rules and keep documents updated for safety.
Hindustan Times··Gurugram
PoliticsPhoto: MintUS Defence Secretary Pete Hegseth strongly defended himself against a congressional impeachment effort led by Republican Representative Thomas Massie. The resolution seeks to remove Hegseth over his handling of the US war against Iran and other military operations, including in Yemen and Venezuela. Hegseth called the impeachment attempt sabotage and said no Secretary of Defense has ever been impeached for lawful military actions in 250 years.
Mint·
PoliticsPhoto: Prabhat KhabarBihar MLA Anant Singh and his wife Neelam Devi own assets worth over 100.61 crore rupees, according to election affidavits. Anant Singh's property is valued at around 37.88 crore, while Neelam Devi's assets total 62.72 crore. Their wealth includes investments in real estate and construction, with significant holdings in Patna's posh Fraser Road area. The family is currently preparing for a grand wedding and a sacred thread ceremony.
Prabhat Khabar··Patna
BusinessPhoto: Mint CompaniesKetan Sodha, a 57-year-old entrepreneur from Mumbai, transitioned from a businessman in agricultural land to a successful strawberry farmer in Mahabaleshwar, Maharashtra. Despite an initial failed crop, he achieved ₹44 lakh in sales, showcasing his unconventional and determined approach to agriculture.
Mint Companies··Mumbai
ET Markets·
Photo: ET MarketsAnthropic, founded by former OpenAI researchers, aims to raise up to $64.4 billion in its upcoming IPO, targeting a valuation of $1.02 trillion. The company has seen rapid revenue growth driven by enterprise adoption of its AI models but continues to face significant operating losses due to heavy infrastructure investments.
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