News & Updates

The latest news and updates from companies in the WLTH portfolio.

Anthropic Claude India Pricing announced: Check what users will have to pay for Claude services

Anthropic Claude Cost India: Anthropic now offers its Claude AI assistant with pricing in Indian rupees. This move simplifies payments and removes currency conversion fees for users. India has become Anthropic's second-largest global market after the United States. The company recently opened an office in Bengaluru to support its growth. Localized pricing is crucial for competing in India's tech market. Anthropic has quietly done something Indian users have been asking for: it has started charging for its Claude AI assistant in rupees instead of US dollars. The switch means anyone signing up for a paid Claude plan in India will now see prices in familiar currency, without the extra math or the surprise dollar conversion charges that usually show up on the credit card bill. What Changes for Anthropic UsersIndian subscribers browsing Claude's web and mobile apps will now find rupee price tags on every paid tier. Gone is the need to route payments through international cards or absorb currency conversion fees, a hurdle that has long kept budget-conscious users away from foreign AI subscriptions. Anthropic Claude India Pricing: The New Price TagsClaude Pro: Rs 2,000 a month if billed yearly, or Rs 2,399 a month if paid monthly Claude Max: Two new tiers at Rs 11,999 and Rs 23,999 a month, built for developers, researchers and anyone who burns through AI credits quickly Claude Team: Starts at Rs 2,399 per user per month on annual billing, aimed at businesses Claude Team Premium: Rs 11,999 per user per month for companies wanting higher limits All these figures already include GST, so there are no hidden add-ons at checkout. Why Anthropic Is Betting Big on IndiaThe numbers explain the urgency. India now makes up 5.8% of Claude's entire global user base, enough to place it just behind the US in Anthropic's rankings. Growth has been sharp too. Anthropic CEO Dario Amodei said Anthropic's revenue run rate in India had doubled in just four months, a pace that has clearly caught the company's attention. That kind of momentum is hard to ignore, and it explains why Anthropic has been laying down roots rather than just testing the waters. Anthropic Setting Up Shop in BengaluruThe rupee pricing is the latest step in a broader India push. Anthropic opened its first Indian office in Bengaluru back in February, giving it a direct line to the country's massive developer and enterprise community. It has also teamed up with homegrown fintech player Razorpay, making it easier for Indian businesses to plug Claude into their own products and services. A Crowded BattlefieldAnthropic is not the only one eyeing India's AI appetite. OpenAI, Google, Microsoft and Perplexity have all ramped up their India game with new launches, partnerships and enterprise deals of their own. Local pricing gives Anthropic one less excuse for price-sensitive Indian users to look elsewhere, and one more reason to believe the country is no longer just another market on the map, but a genuine growth engine for the company.

PerplexityAnthropic
Economic Times8d ago
Read update
Anthropic Claude India Pricing announced: Check what users will have to pay for Claude services

Meet DeepSeek's Liang Wenfeng, the Chinese entrepreneur who is now world's richest AI founder, surpassing Anthropic's Dario Amodei

DeepSeek founder Liang Wenfeng's net worth has significantly increased after a recent funding round. He is now the world's wealthiest creator of artificial intelligence models. This surge in valuation makes him a prominent figure in China's tech landscape. His company's success is attributed to early investments in computing power. Liang's substantial equity retention distinguishes him from Silicon Valley peers. DeepSeek founder Liang Wenfeng has emerged as the world's richest AI model creator after his company's latest fundraising round more than doubled his personal fortune. According to the Bloomberg Billionaires Index, Liang's net worth has surged to $36 billion, up from around $16.7 billion, placing him ahead of Anthropic co-founder Dario Amodei and OpenAI co-founder Greg Brockman among founders of AI model companies. Most of Liang's wealth stems from his ownership of DeepSeek. The company's valuation climbed nearly fivefold from the $10 billion reported in April, driven by strong investor demand. DeepSeek's $7.4 billion funding round in June 2026 valued the startup at $50 billion. During the round, Liang personally invested $3 billion, and despite dilution, he is estimated to retain a 78% stake in the company, according to the Bloomberg Billionaires Index. Who is Liang? Liang was born in 1985 in Zhanjiang, in China's southern Guangdong province, where his father was an elementary school teacher. He studied electronic engineering at Zhejiang University, a prestigious college in the city of Hangzhou where he also earned a master's degree in information and communication engineering. Liang created DeepSeek in 2023 as an offshoot of the AI division of his hedge fund, Zhejiang High-Flyer Asset Management, which he set up with two former university classmates. The trio had begun trading as students during the global financial crisis. Chinese engineer Liang Wenfeng rose to prominence in the AI industry after founding DeepSeek, building on the success of his quantitative hedge fund, High-Flyer. As DeepSeek continues to make waves in the global tech industry, here's a look at the man behind the company. He later founded High-Flyer, a quantitative hedge fund that now manages around $8 billion in assets, making it one of China's largest firms in the space. Liang has cited legendary mathematician and Renaissance Technologies founder Jim Simons as a key inspiration for his investment approach. Recognising the potential of artificial intelligence early, Liang's team began investing heavily in computing infrastructure in 2019, building powerful systems powered by Nvidia graphics processing units (GPUs). That early investment laid the groundwork for the launch of DeepSeek, which has since emerged as one of the most closely watched AI startups globally. How did Liang get so rich?Liang Wenfeng stands out from many of his Silicon Valley counterparts for retaining an unusually large ownership stake in his company. Unlike many US AI founders, who often dilute their holdings significantly to raise capital from venture capital firms and technology giants, Liang has maintained a stake of nearly 78% in DeepSeek. That high level of ownership has not only given him greater control over the company but has also significantly boosted his personal wealth. While leading AI firms such as OpenAI and Anthropic boast enormous valuations, ownership in those companies is typically spread across multiple founders, investors and institutional backers, reported Bloomberg. With an estimated net worth of $36 billion, Liang is now China's eighth-richest person, ranking just behind Cambricon Technologies co-founder Chen Tianshi, another prominent figure in the country's AI industry.

Anthropic
Economic Times8d ago
Read update
Meet DeepSeek's Liang Wenfeng, the Chinese entrepreneur who is now world's richest AI founder, surpassing Anthropic's Dario Amodei

Mulling AI investment, Anthropic lobbied Australia on copyright law

Anthropic's chief executive Dario Amodei has lobbied Australian officials for "copyright reform" as the artificial intelligence giant seeks to make a major investment in the country, official briefing notes released Monday show. According to briefing notes released under freedom of information law, Amodei had requested the meeting to discuss barriers to AI training in Australia, "particularly copyright reform". Anthropic's chief executive Dario Amodei has lobbied Australian officials for "copyright reform" as the artificial intelligence giant seeks to make a major investment in the country, official briefing notes released Monday show. Amodei met Australia's Treasurer Jim Chalmers in April to discuss plans to enter the Australian market, including building data centres. According to briefing notes released under freedom of information law, Amodei had requested the meeting to discuss barriers to AI training in Australia, "particularly copyright reform". Australia's centre-left Labor government is under pressure from musicians, screenwriters and artists to reject proposals they say seek to let AI models use copyrighted works for free. Prime Minister Anthony Albanese is set to deliver a speech on AI and "social licence" on Wednesday. A briefing note government officials had sent to Chalmers ahead of his meeting with Amodei said: "Anthropic will raise that investment in AI model development capability and associated infrastructure, like data centres, is contingent on clarity of copyright settings." In the United States, Anthropic has argued AI training is covered as "fair use" of material, which does not require rightsholders' consent. The Australian officials disputed this in the briefing note, saying the matter was "not settled". In Australia, AI companies require permission from copyright holders through a voluntary licence. Anthropic was told Australia would not introduce a text and data mining exception in its copyright law, and was in talks with a range of stakeholders over the issue. Anthropic "purport there is a 'long tail' of smaller rights holders which impedes efforts to identify and purchase licensing rights", the officials wrote. Anthropic did not immediately respond to a request for comment on the Australian meeting.

Anthropic
Economic Times9d ago
Read update
Mulling AI investment, Anthropic lobbied Australia on copyright law

Elon Musk says Anthropic is the current AI leader, praises Mythos and Fable models

Elon Musk now calls Anthropic the industry's current leader in artificial intelligence. He admitted being clearly wrong about the AI startup's potential outcomes. Anthropic is a major customer of Musk's SpaceXAI infrastructure company. The AI startup uses SpaceXAI's supercomputer for its advanced models. Musk stated he would never harm a competitor, citing Tesla and SpaceX examples. Elon Musk has praised artificial intelligence (AI) startup Anthropic, saying it is the industry's current frontrunner, in a significant shift from his earlier criticism of the company.Responding to a user on X, the billionaire entrepreneur said he had been 'clearly wrong' about Anthropic and described it as 'currently the leader in AI'. He also said no company had released a model comparable to Anthropic's latest ones, Mythos and Fable.

AnthropicxAISpaceX
Economic Times12d ago
Read update
Elon Musk says Anthropic is the current AI leader, praises Mythos and Fable models