AI news and funding updates from the last 24 hours(26th April 2025):

Anthropic

- Issued a DMCA takedown against a developer who reverse-engineered its Claude Code AI tool, sparking backlash over its restrictive licensing and lack of transparency. (https://bitcoinworld.co.in/anthropic-claude-code-takedown/?utm_source=chatgpt.com)

OpenAI

- Gained developer goodwill with its open-source Codex CLI, licensed under Apache 2.0, and actively incorporates community feedback. (https://techcrunch.com/2025/04/24/openai-wants-its-open-ai-model-to-call-models-in-the-cloud-for-help/?utm_source=chatgpt.com)

xAI Holdings (Elon Musk)

- In talks to raise approximately $20 billion, potentially valuing the company at over $120 billion, marking one of the largest private funding rounds ever. (https://www.bloomberg.com/news/articles/2025-04-26/elon-musk-s-xai-holdings-is-in-discussions-to-raise-20-billion?utm_source=chatgpt.com)

Google DeepMind

- Approximately 300 UK-based employees are planning to unionize in response to the company's involvement in AI projects linked to the Israeli government, notably Project Nimbus. (https://www.ft.com/content/4e497a91-670a-4f69-be4a-18e247daba3e?utm_source=chatgpt.com)

China

- President Xi Jinping emphasized the need for self-reliance in AI development, urging the nation to strengthen core technologies and accelerate regulatory frameworks. (https://www.reuters.com/world/china/chinas-xi-calls-self-sufficiency-ai-development-amid-us-rivalry-2025-04-26/?utm_source=chatgpt.com)

IIT Madras

- Achieved a milestone by incubating 104 deep-tech startups in the financial year 2024–25, contributing significantly to India's innovation ecosystem. (https://analyticsindiamag.com/ai-news-updates/iit-madras-incubates-104-deeptech-startups-in-fy25-takes-the-total-to-457-in-12-years/?utm_source=chatgpt.com)