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BusinessPhoto: ET Markets

Anthropic's IPO Backed by Amazon, Google, Fidelity Investors

Anthropic is preparing for its initial public offering with strong backing from major investors including Amazon, Google, and Fidelity Management. The company's valuation has risen significantly through multiple funding rounds. Other key investors like ICONIQ Capital and Coatue Management have also shown confidence. Partnerships with leading technology firms bolster Anthropic's resources for advancing AI development.

ET Markets·

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PoliticsPhoto: News18

Supreme Court Criticizes UP Police for Slipshod Probe, Orders Rs 6 Lakh Compensation

The Supreme Court reprimanded Uttar Pradesh Police for a careless investigation in an Agra murder case, where a man spent six years in jail as an undertrial before acquittal. Terming him a "victim of the system," the court ordered the UP government to pay Rs 6 lakh compensation. The court highlighted the lack of credible evidence and criticized the prosecution's handling of the case.

News18··Agra

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PoliticsPhoto: Firstpost World

Trump Labels Muslim Senate Candidate Abdul El-Sayed a 'Jihadist'

US President Donald Trump intensified his attacks on Michigan Senate candidate Abdul El-Sayed, calling him a "jihadist" and questioning his loyalty by comparing him to terrorists. Trump referenced the 9/11 attacks and suggested El-Sayed should be screened before entering the Senate. El-Sayed denied extremist ties and condemned the accusations as "shameful." Arab Americans for Trump criticized Trump's remarks as racist and crossing a red line.

Firstpost World·

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EntertainmentPhoto: TOI Entertainment

Vadivelu Remembers Composer Deva Praising His Singing

Vadivelu fondly recalled the late composer Deva, who encouraged his singing talents despite Vadivelu being known mainly for comedy. Deva recognized Vadivelu's passion for music early on and motivated him to sing 'Vadi Pottapulla Veliya' in the film 'Kaalam Maari Pochu.' This memory highlights Deva's role in nurturing Vadivelu's musical aspirations.

TOI Entertainment·

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BusinessPhoto: ET Markets

Paytm Q2 Profit Soars 976% to Rs 226 Crore, Revenue Up 28%

Paytm reported a 976% year-on-year increase in consolidated net profit for Q2, reaching Rs 226 crore compared to Rs 21 crore in the same quarter last year. Revenue from operations rose 28% year-on-year to Rs 2,648 crore during the period, reflecting strong financial growth for the fintech company.

ET Markets·

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TechnologyPhoto: Deccan Herald

Railway Board Approves RCF-Made Vande Bharat Chair Car with Safety Conditions

The Railway Board has granted conditional approval for the first 16-coach Vande Bharat chair car manufactured by Rail Coach Factory (RCF), Kapurthala, featuring an Alstom propulsion system. Despite approval for 160 kmph operation, speed is restricted to 130 kmph across networks. The Board highlighted technical issues like touchscreen malfunctions and electrical fault concerns, directing authorities to address them before full clearance.

Deccan Herald··Kapurthala

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