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OPENAI PRICE CUTS
Amazon to boost spending on AI and other technology by $20 billion after strong Q2 resultsThe Seattle-based company said Thursday that sales in its cloud computing unit called AWS rose 37% during the April-June period, faster tha...- OpenAI cuts prices on smaller models as businesses scrutinise AI spendThe ChatGPT maker lowered the cost of its smaller GPT-5.6 Luna model by 80% and its mid-tier Terra by 20%, while leaving the price of its b...
- Sam Altman, Satya Nadella, Sundar Pichai, Elon Musk and Jensen Huang unite behind one AI vision: Why America's biggest tech billionaires are calling for open-weight AI modelsA coalition of 25 leading technology companies and organizations has urged US policymakers to support open-weight AI models, arguing they a...
- Cheaper, open and intelligent: Chinese AI models gain ground, as they make inroads in the USChinese artificial intelligence models are increasingly adopted by American users and businesses. These advanced systems offer competitive ...
- Eternal’s robust Q1; Meta faces content-blocking allegationsEternal reported a jump in its net profit on the back of Blinkit's improving operating performance. This and more in today’s ETtech Morning...
- Google updates lightweight Gemini models, but flagship still delayedGoogle launched three new Gemini AI models, offering cost-effective solutions. The company has not provided a release date for its flagship...
- TCS-OpenAI deal takes shape; Paytm's AI betTCS has secured land in Vizag and Pune that could host OpenAI's first data centres in India. This and more in today's ETtech Top 5.
- India's IT model is out of date. Can the industry reinvent itself?Indian IT companies have survived many technological upheavals. But AI is threatening their pyramid model resting on an army of workforce p...
- Stable policy push for ISM 2.0; Wipro misses Q1 estimatesHappy Friday! The government is leaning on policy stability, not just subsidies, to drive ISM 2.0. This and more in today’s ETtech Morning ...
- Cadence rolls out AI agent to speed circuit board, chip packaging designThe tool, called AuraStack, lets engineers describe their goals in plain language, then plans and carries out the work using Cadence's exi...
- Match Your AI Strategy to Your Organization’s RealityArtificial intelligence is often hailed as a game changer, but too many firms discover that their bold AI pilots collapse when their operat...
- SoftBank names ex-Goldman Sachs trader Mark Agne to lead Vision Fund financesSoftBank Vision Fund has appointed Mark Agne to lead finance and technology roles. The move follows a series of staffing changes at SoftBan...
- Christopher Wood warns of AI fatigue. Why Jefferies is turning to India and ChinaChristopher Wood of Jefferies warns that the AI trade is showing signs of fatigue as investors seek cheaper value opportunities. With India...
- Elon Musk says Anthropic is the current AI leader, praises Mythos and Fable modelsElon Musk now calls Anthropic the industry's current leader in artificial intelligence. He admitted being clearly wrong about the AI startu...
- Microsoft joins AI-driven tech layoff wave with 4,800 job cutsMicrosoft is cutting approximately 4,800 jobs, representing 2.1% of its workforce. This move follows a wave of tech layoffs and significant...
- ETtech Explainer: OpenAI is halving inference cost and what this meansOpenAI has reportedly halved its AI inference costs through significant optimizations, a crucial development amid rising AI development exp...
- Delhivery gets ecommerce bump; Amazon shakes up qcommDelhivery CEO Sahil Barua said ecommerce deliveries are leading the company’s growth. This and more in today’s ETtech Top 5.
- Cheaper AI is better: Soaring bills are reshaping how businesses choose modelsTop executives such as Microsoft's Satya Nadella, Palo Alto Networks' Nikesh Arora and Coinbase Global's Brian Armstrong have said smaller,...
- Nvidia's AI chip sales in China stall, as local chipmakers like Huawei take the leadJensen Huang, the CEO of computer chip giant Nvidia, was mobbed by onlookers as he hit the streets for the "zhajiangmian" noodles while vis...
- Funding the 'mother of all cycles': Chris Wood cuts Indian stocks to double down on South Korean chip giantsChristopher Wood has cut select Indian equities to increase exposure to South Korean chipmakers like SK Hynix and Samsung Electronics, bett...
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