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AI INITIATIVES
Skilling vital in India's goal of becoming AI solutions capital: IT SecretarySpeaking at the CII GCC Business Summit, Krishnan noted that the deployment of AI in enterprises is still lagging across the world, not jus...
TCS braces for muted June quarter earnings; AI outlook and deal pipeline in focusTata Consultancy Services anticipates slower revenue and profit growth for June 2026 quarter. Client decision cycles are elongating, impact...
BofA extends first $520 million loan to OpenAI ahead of IPOThe loan makes BofA one of OpenAI's largest lenders and bolsters its credentials as a market leader in AI-related capital markets financi...
OpenAI gets US approval for broad GPT-5.6 rolloutOpenAI, White House, and the U.S. Department of Commerce did not immediately respond to a Reuters request for comment.
SpaceX's biggest bull sees valuation soaring above $10 trillionRaymond James analyst Brian Gesuale initiated coverage on SpaceX with a strong buy. He set an $800 price target, projecting significant fut...
Meta expands generative AI tools with Muse Image rolloutThe company said Muse Image, which is integrated into its Meta AI chatbot, can interpret complex prompts, use photos as inputs and let us...
Andhra Pradesh to become 'India's first' AI-powered tourism stateAndhra Pradesh plans to become India's first AI-powered tourism state. The state will implement the NiVU AI platform across over one hundre...
Intel-backed software company Syntiant files for US IPOThe listing is the latest in a string of AI-related IPOs this year, amid a broader revival in the U.S. IPO market as companies seek to ca...
New AI law may focus on graded, risk-based regulations: OfficialsThis may result in minimal regulation for low-risk AI such as chatbots, productivity tools, recommendation systems, while ensuring stricter...
Yotta raises $150 million at $3.9 billion valuation to fund AI infrastructure expansionYotta Data Services secured $150 million from investors for business expansion. The company plans to significantly increase its AI cloud ca...
South Korea's SK Hynix slides over 5% ahead of $29 billion Wall Street debutSouth Korea's SK Hynix is poised for a massive US listing, aiming to raise around $29 billion to capitalize on booming AI demand. Despite a...
From Pax Silica to Japan: Mapping India's AI Partnerships in 2026The first major global engagement in 2026 came in February, when India joined the Pax Silica initiative, a multilateral framework focussed ...
ETtech Explainer: What is Microsoft’s new Frontier Company?According to Microsoft’s announcement, Frontier Company will help enterprises build AI systems, integrate them with business data, applicat...
Indian IT firms likely to report muted Q1 growth amid AI spending, macro uncertaintyIndia's Information Technology (IT) companies are expected to report another quarter of subdued earnings growth despite seasonal strength, ...
Every enterprise is investing in AI; very few can prove their impactEvery enterprise now has an AI strategy, but few can prove it works. As adoption becomes universal, execution becomes the real differentiat...
India, Japan deepen AI cooperation across full tech stack; agree on safe, secure, human-centric AI ecosystemIndia and Japan have forged a significant partnership to build a "safe, secure, trustworthy, and inclusive" AI ecosystem. This collaboratio...
Portugal launches first open-source AI model, joining Europe's sovereignty pushPortugal has unveiled its inaugural open-source artificial intelligence model, named Amalia, a significant step towards European AI soverei...