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Fable 5's cost challenge; Opendoor's India exitAnthropic's Fable 5 could rewrite how IT works, but the price tag and performance quirks raise hard questions. This and more in today’s ETt...- Company racks up $500M Claude AI bill in one month after putting no usage limits on employee licensesA firm's unchecked AI spending led to a staggering $500 million bill in a single month due to unlimited employee licenses for platforms lik...
- OpenAI IPO filing could come before SpaceX goes public: Will Sam Altman beat Elon Musk and Anthropic in the biggest AI and space market race of 2026? Complete details on Wall Street’s largest IPO waveOpenAI IPO: Wall Street is entering its biggest IPO wave since 2022. OpenAI, SpaceX, Anthropic, Shein, and Kunlunxin could together raise n...
- Meet Andrej Karpathy, OpenAI founding researcher hired by rival Anthropic; His education, Tesla role and othersAndrej Karpathy joins Anthropic: Andrej Karpathy — one of the most recognised names in artificial intelligence and a founding member of Ope...
- ETtech Explainer: AI is writing most of the code for companies — what this meansAI is now writing a large part of code for tech companies. Google, Microsoft, Meta, and Indian firms like Meesho and Freshworks are using A...
- DDOG stock today: Why Datadog is headed for its biggest rally since 2019 after strong earnings and 2026 forecast - here's what investors need to knowDDOG stock today after Datadog earnings: Datadog shares soared following a robust Q1 earnings report, exceeding Wall Street expectations wi...
- Why is AMD stock soaring nearly 19% after blockbuster earnings, and are AMD shares signaling Wall Street’s biggest AI power shift yet as demand rewrites the chip playbook?AMD stock up nearly 19% today after blockbuster earnings beat. Something shifted in the semiconductor world on Wednesday, May 6, 2026. AMD ...
- Is the AI boom eating its own tail? The strange economics of billion-dollar dealsTech giants like Google and Amazon are investing billions in AI rivals like Anthropic, creating a 'Circular Capitalism' loop. Companies fun...
- At SpaceX, AI is burning the cash that Starlink earnsSpaceX's ambitious IPO plans reveal a pivot towards AI, with significant capital spending allocated to its AI division, xAI. While Starlink...
- At SpaceX, AI is burning the cash that Starlink earnsSpaceX's IPO pitch reveals a significant shift towards AI, with the company's AI division consuming 61% of its 2025 capital spending. Despi...
- Meta tells staff it will cut 10% of jobs in push for efficiencyMeta Platforms is set to lay off approximately 8,000 employees, about 10% of its workforce, on May 20. This significant workforce reduction...
- US Stock Market: IBM shares slide after software weakness clouds Q1 resultsIBM shares fell in after-hours trading after its Q1 results signalled a slowdown in revenue growth, particularly in its software division. ...
- Meta targets May 20 for first wave of layoffs; additional cuts later in 2026The Facebook and Instagram owner will lay off about 10% of its global workforce, or close to 8,000 employees, in that initial round.
- Gucci-owner Kering aims to launch luxury Google glasses next year: CEOGucci is set to launch smart glasses with Google next year. This move marks a significant entry into AI-powered eyewear. The brand aims to ...
- Can AI fix your credit score? Krutrim shuts down assistant KrutiHappy Thursday! Fintechs are building AI solutions to help boost the creditworthiness of borrowers. This and more in today’s ETtech Morning...
- Job cuts in U.S.: Massive lay offs underway in Snapchat parent company. Check severance package, which employees are losing jobs right now?Snapchat, Meta, Nike, Citigroup, Morgan Stanley employees are under the job cuts threat. AI-driven automation is exposing multiple sectors ...
- Mark Zuckerberg's surprising move inside Meta AI labs to take on rivals OpenAI and Google. Here's what the tech billionaire is doingTech billionaire Mark Zuckerberg has made a surprising move inside the Meta AI labs to take on OpenAI and Google. He is now sitting next to...
- CEO replaces entire QA team with AI to cut costs. Techie reveals what happened next: 'We lost $6 million.....'A company's decision to eliminate its quality assurance division and replace it with an AI-driven testing system backfired spectacularly. A...
- Citigroup says AI helps speed account openings and systems upgradesUS banks are embracing AI, the biggest technological upheaval to the world economy since the internet, to boost productivity and, in some c...
- Anthropic ropes in Microsoft executive Eric Boyd to lead infrastructureAnthropic has hired former Microsoft executive Eric Boyd to lead its infrastructure team as demand for its AI tools grows. The company’s re...
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