Bernie Sanders pushes 50%t public stake in AI giants, $1,000 dividend payout to every AmericanSenator Bernie Sanders has introduced legislation proposing a 50% public ownership stake in major US AI companies through a one-time stock ...
18 Jun, 2026, 10.18 PM IST
PM Modi, Mistral AI CEO Arthur Mensch discuss human-centric AI, open-weight models and India partnershipsPrime Minister Narendra Modi met with Mistral AI CEO Arthur Mensch to discuss artificial intelligence. They focused on developing AI system...
18 Jun, 2026, 07.25 PM IST
Manus original investors plan to buy back AI firm from Meta for $2 billion: The InformationChinese investors are set to repurchase AI firm Manus from Meta. The deal is valued at two billion dollars. This move follows a directive f...
18 Jun, 2026, 06.43 PM IST
AI company Dream triples value to $3 billion in funding roundBicycle Capital and Group 11 led the round, which nearly tripled its valuation from $1 billion in February 2025, Dream co-founders Shalev H...
18 Jun, 2026, 02.56 PM IST
Microsoft makes big AI inroads in China by selling OpenAI modelsMicrosoft is significantly growing its AI business in China, with ByteDance reportedly spending over $1 billion annually on its cloud and A...
18 Jun, 2026, 10.07 AM IST
Meta head of product for 'AI for work' transformation is leaving companyA key Meta executive overseeing AI tool improvements is departing. Emily Dalton Smith was leading efforts to centralise internal AI tools i...
18 Jun, 2026, 09.09 AM IST
Meta head of product for 'AI for work' transformation is leaving companyMeta is hitting a new chapter as Emily Dalton Smith, a key executive with a longstanding history at the company since 2015, exits. Her lead...
18 Jun, 2026, 07.36 AM IST
Kazakhstan signs pacts with NVIDIA & Firebird to position country as AI regional hubKazakhstan is investing $10 billion in artificial intelligence infrastructure. Agreements with Firebird and NVIDIA will build advanced data...
17 Jun, 2026, 01.28 PM IST
US Stock Market: ETF issuers rush to capitalise on AI-focused ‘MANGOS’ theme after SpaceX IPOTwo asset managers are seeking regulatory approval for new ETFs tied to the "MANGOS" acronym, a basket of leading AI-focused companies incl...
17 Jun, 2026, 11.19 AM IST
SpaceX to acquire AI coding company Cursor for $60 billionSpaceX is set to acquire AI coding firm Anysphere, creators of Cursor, for a staggering $60 billion. This strategic move aims to bolster Sp...
16 Jun, 2026, 08.44 PM IST
Hari Menon exits BigBasket; Sarvam cofounder on fresh fundingBigBasket's longtime leader Hari Menon has stepped down as CEO. This and more in today's ETtech Top 5.
16 Jun, 2026, 07.39 PM IST
Unilever partners with Accenture to build 40 AI-powered digital twins across manufacturing networkConsumer goods giant Unilever is teaming up with Accenture. They will use AI-powered digital twins in factories worldwide. This initiative ...
16 Jun, 2026, 05.18 PM IST
US judge dismisses Elon Musk's xAI trade secret lawsuit against OpenAIU.S. District Judge Rita Lin in San Francisco said xAI failed to show that OpenAI induced former xAI senior engineer Xuechen Li to divulge ...
16 Jun, 2026, 07.23 AM IST
Indian VCs turn to US AI startups in search of bigger returnsIndian VC firms are increasingly backing AI startups founded by non-Indians, drawn by the promise of higher returns, writes Swathi Moorthy.
16 Jun, 2026, 06.00 AM IST
CEA Anantha Nageswaran says AI stock valuations definitely in a bubbleIndia's Chief Economic Advisor V Anantha Nageswaran warns that artificial intelligence stock valuations are a bubble. He believes the narra...
14 Jun, 2026, 05.34 PM IST
Will SpaceX factor last after IPO? Mega listing plan sparks valuation debate amid AI boomSpaceX's huge IPO is set to launch, attracting record investor bids. This event will test the market's appetite for AI companies. Investors...
12 Jun, 2026, 09.58 AM IST
Trump says he thinks AI companies will agree to 'giving back' to the publicPresident Trump plans to meet with top AI executives soon. He expects them to agree to 'give back' to the public. This could involve the go...
10 Jun, 2026, 10.27 PM IST