KKR launches $10 billion AI infrastructure company with Nvidia, VistraThe Kuwait Investment Authority, AI chip giant Nvidia and utility firm Vistra are anchor investors in the company, called Helix Digital I...
11 Jun, 2026, 06.03 PM IST
SatSure bags $2.6 million grant to build AI-powered Earth observation modelsIndian space startup SatSure Analytics received a $2.57 million grant to develop AI models for Earth observation, bolstering the nation's s...
11 Jun, 2026, 04.35 PM IST
Anthropic vs OpenAI: Behind the bitter battle for the future of AIThe fierce competition between Anthropic and OpenAI is accelerating AI advancements and driving a race towards blockbuster IPOs. This rival...
11 Jun, 2026, 03.52 PM IST
Explained: Why Oracle shares crashed 10% in extended trading despite earnings beatOracle shares fell sharply in after-hours trading despite beating earnings estimates, as investors reacted to aggressive AI spending plans ...
11 Jun, 2026, 12.08 PM IST
AI risks are here, time for tough rules: Anthropic CEO Dario AmodeiAs artificial intelligence grows more powerful, governments must move beyond transparency measures and introduce stronger regulations to ad...
11 Jun, 2026, 10.36 AM IST
Musk's xAI accused of illegally firing engineer who raised safety concernsDevin Kim, a former engineer at xAI, has launched a lawsuit alleging wrongful termination after he voiced serious concerns about the safety...
10 Jun, 2026, 10.40 PM IST
OpenAI joins rival Anthropic in race to Wall StreetOpenAI did not disclose the size or terms of the offering, and said a timeline has not yet been determined. "It may be a while because ther...
10 Jun, 2026, 06.21 PM IST
To win the deep-tech race, India needs ‘General Innovation Rules’India is launching ambitious science initiatives. However, current financial rules designed for conventional procurement hinder R&D. A new ...
10 Jun, 2026, 02.37 PM IST
Apollo, Blackstone back Anthropic's $35 billion capacity expansion in new Broadcom tie-upApollo and Blackstone are investing $35 billion to boost Anthropic's AI computing power. This expansion will utilize Broadcom's custom chip...
09 Jun, 2026, 09.25 PM IST
China prepares $295 billion plan to fund nationwide AI buildout: ReportNational Development and Reform Commission is among key government agencies drafting a blueprint to build a network of inter-connected co...
09 Jun, 2026, 03.20 PM IST
Ex-Mirae Asset India head Ashish Dave launches Rs 700-1,000-crore fundAshish Dave, formerly of Mirae Asset Venture Investments, is launching Sanskrit Capital. The new fund aims for Rs 700-1,000 crore. It will ...
09 Jun, 2026, 09.00 AM IST
OpenAI files for US IPO after Anthropic as AI giants head to public marketsAI giant OpenAI has confidentially filed for a US initial public offering. This move follows rival Anthropic's similar filing. Investors ar...
09 Jun, 2026, 06.47 AM IST
DeepSeek close to sealing $7 billion funding in historic AI dealChinese AI startup DeepSeek is nearing a massive $7.4 billion funding round, with tech giants Tencent and CATL leading the investment. Deep...
08 Jun, 2026, 09.53 PM IST
Voice AI startup ElevenLabs appoints Alexander Holt its field CTOVoice AI firm ElevenLabs has appointed Alexander Holt as its Field CTO, a move aimed at accelerating AI integration for enterprise clients ...
08 Jun, 2026, 08.01 PM IST
AI-driven data centre demand far outstrips supply despite record hyperscaler spending: JefferiesGlobal demand for data centres continues to significantly outpace available supply, creating a structural shortage that is expected to pers...
08 Jun, 2026, 10.33 AM IST
Together Fund’s Manav Garg joins portfolio firm Emergent as executive chairmanAnnouncing the move in a LinkedIn post on Thursday, Garg stated that he will continue supporting founders and portfolio companies at Togeth...
04 Jun, 2026, 07.30 PM IST
New Workforce Study Finds AI Capabilities Reaching More Occupations Earlier Than AnticipatedA new study suggests artificial intelligence is reshaping the workforce faster than previously expected, with 93% of occupations now consid...
04 Jun, 2026, 05.33 PM IST