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AI MODEL PRICING CUTS
- AI capex slowdown could derail India's cyclical recovery, weigh on growth: Nuvama
Any slowdown in the global artificial intelligence (AI) capital expenditure boom could pose a significant risk to India's ongoing cyclical ...
OpenAI cuts developer pricing for frontier GPT-5.6 Sol model by more than 20%The price cuts are effective on OpenAI's application programming interface, or API, and are rolling out across eligible plans for credits o...
Apple cuts jobs in Siri, Vision Pro immersive video and gaming teamsAs part of the changes, the company is largely shutting down a Vision Pro team focused on gaming for the headset and reducing the size of a...
ET World Leaders Forum 2026: The heartbeat of India lives in Tier-2, Tier-3, rural areas, says Google India MD Preeti LobanaIndia's digital economy growth requires empowering small enterprises, farmers, and workers. Artificial intelligence must reach beyond large...
AI reshapes India's IT services sector contracts as clients demand more for lessOutsourcing giants like Tata Consultancy Services, Infosys, Wipro, HCLTech and Cognizant are rejigging business models, increasingly tying ...
AI reshapes India's IT services sector contracts as clients demand more for lessIndustry executives also say they are losing some work entirely as customers use AI to shift tasks in-house, while all the uncertainty that...
Payments firm Stripe to buy marketplace OpenRouter in AI pushWhile the companies did not disclose the value of the deal, a source familiar with the matter, who requested anonymity to discuss confident...
India startup aims to compete with OpenAI in crowded voice arenaMurf AI has launched Falcon 2, a text-to-speech model designed to deliver human-like voices at lower costs and faster speeds. Priced at $0....
SanDisk shares soar 3,400% in one year. Can the rally sustain its momentum?US stock futures edged higher after a tech-led selloff, as investors monitored Iran tensions and key retail earnings for clues on consumer ...
Baidu CEO vows to return Ernie to AI frontier as revenue miss sinks sharesIts Ernie large language model has gone months without a major upgrade, while competitors such as Alibaba and Moonshot have continued to r...
IT crash ahead? CLSA downgrades TCS, Infosys, Wipro, other stocks; revises target prices. Here's whyCLSA downgraded several large IT stocks and cut their target prices amid continued AI-related concerns, while retaining a bullish view on s...
Sridhar Vembu explains why phones and laptops are getting expensive in 2026Zoho founder Sridhar Vembu has warned that the massive AI investment boom is pushing up the cost of memory and other technology components,...
OpenAI slows advanced AI development after cyberattackChatGPT creator OpenAI said Tuesday that it was tapping the brakes on development of its most advanced AI model and tightening internal con...
ByteDance signs AI copyright pact with Hollywood trade groupThe deal, which covers ByteDance's Seedance video and Seedream image-generation models, follows a cease-and-desist letter the MPA sent in ...
AI writes 86% of Paisabazaar’s new code, but CTO says engineers aren’t going anywhereCTO Mukesh Sharma says AI has helped Paisabazaar increase production releases while allowing the company to tackle a bigger backlog of prod...
Stripe clinches over $7 billion deal to buy AI firm OpenRouterThe deal, just months after OpenRouter raised money at a reported $1.3 billion valuation, underscores the demand from businesses to find th...
- Zhipu’s new AI model takes aim at OpenAI, Anthropic in China’s race to close the gap
Chinese AI firm Z.ai has launched its new GLM-5.3 model. This release intensifies competition with OpenAI and Anthropic. The model offers i...
OpenAI’s annualised revenue tops $40 billion ahead of IPOOpenAI is poised to surpass $40 billion in annual revenue, propelling its ambitions for a public offering in the near future, accroding to ...
Chinese AI drives price competition among US labsA new generation of cost-efficient, high-performance Chinese AI is putting pressure on Silicon Valley's leading labs to lower prices to gra...
Startups turn to lower-tier AI models to cut costs as frontier pricing risesThis is a departure from the early days, when companies trusted only the most powerful models regardless of cost. Now, founders are buildin...