AI Watch: OpenAI IPO, Microsoft-Anthropic chip talks and Kerala’s AI ministry shift

Global AI competition accelerated as Microsoft and Anthropic explored a custom AI chip partnership while OpenAI CEO Sam Altman clarified that IPO preparations do not guarantee a public listing despite reports of a possible $1 trillion valuation. Zoom raised guidance after strong AI adoption growth, Kerala launched India’s first cabinet-level AI department under PK Kunhalikutty, and layoffs at Meta and Amazon continued to pressure Indian H-1B workers in the US tech sector.