U.S. Raises Alarm Over Chinese AI Firms’ Alleged IP Theft Through Model Distillation 
Amazon Stock Dips Despite Record Earnings as AI Infrastructure Spending Surges 
Judge Dismisses Elon Musk’s Fraud Claims Against OpenAI, Trial to Proceed on Remaining Allegations 
Samsung Reports Record Profit as AI Boom Drives Memory Chip Demand 
DeepSeek Launches V4 AI Models with Enhanced Reasoning and 1M Token Context Window 
AstraZeneca Q1 2026 Earnings Surge on Strong Oncology and Rare Disease Drug Sales 
Alphabet Earnings Surge on AI Growth, Cloud Revenue, and Strong Search Performance 
SMC Corp Stock Surges as Palliser Capital Pushes for Major Share Buyback 
Apple Q2 2026 Earnings Surge as iPhone 17 Sales Drive Record Revenue 
Standard Chartered Q1 Profit Hits Record on Wealth and Investment Banking Growth 
Google Secures Pentagon AI Deal for Classified Projects 
Advantest Stock Falls on Weak Outlook Despite Strong AI-Driven Results 
Microsoft Azure Growth Forecast Beats Expectations Amid Rising AI Competition 
Nippon Express Stock Jumps as Elliott Investment Signals Strong Foreign Interest in Japan Logistics Sector 
Chinese Chip Stocks Surge on AI Boom and Domestic Tech Push 
Seagate Stock Surges After Strong Q3 Earnings Beat and Bullish Outlook 
India's aviation regulator has allowed food delivery firms Dunzo, Swiggy, and Zomato to start testing drones for deliveries beyond the visual line of sight.
The three food delivery firms are among the 13 consortia, including SpiceJet and Asteria Aerospace, that have received approvals from the Director-General of Civil Aviation (DGCA) to test fly drones.
Experimental long-range drone flights will be conducted in India beginning in the first week of July, signaling the country's first step to developing local drone-based services.
The consortia must complete at least 100 hours of flight time by September 30 and submit their reports to the DGCA.
Last month, budget airline SpiceJet received a go-signal to conduct drone trials. Its cargo arm, SpiceXpress, will be delivering medical emergency parcels and other essential supplies after trials.
Last year, Zomato completed a test delivery using drones that carried a load of five kilograms that covered five kilometers in 10 minutes, hitting as fast as 80 kilometers per hour.
Zomato targets a food delivery time of fewer than 15 minutes.
Zomato CEO Deepinder Goyal noted that a delivery time of15 minutes is only possible via aerial route as roads would not allow very fast deliveries.
