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AMAZON AI INVESTMENT
AI robotics company Theker raises $85 million from investors including LVMHTheker, an AI robotics firm from Barcelona, has secured $85 million in new funding. This investment was led by CRV and included major playe...
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...
Hidden AI India winners add $48 billion on data-center boomIndian industrial companies are experiencing significant growth by supplying components for data centers. This trend is driven by massive g...
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 ...
Meta-Reliance AI hub; SAP CEO on India's AI edgeMeta has tapped Reliance for India AI data centre. This and more in today's ETtech Top 5.
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...
Global AI debt issuance to top $500 billion in 2026: Morgan StanleyTech companies that have long relied on strong cash flows are increasingly turning to debt financing as investment needs surge. Morgan Stan...
Meta partners with Reliance to lease 168 MW AI data centre in JamnagarMeta has deepened its India bet by partnering with Reliance Industries to build its first AI-ready data centre in the country, leasing 168 ...
Salesforce layoffs: Employees from Agentforce AI, Mulesoft IT teams handed pink slipsThe enterprise software company has undertaken a fresh round of layoffs, affecting employees working on its Agentforce AI product, Mulesoft...
Why IPO valuations, SpaceX’s included, may not conclusively capture the current state of AI playThe AI IPO season is here with SpaceX, Anthropic, and OpenAI preparing for huge listings. These companies are seeking public funds to cover...
H-1B filings rise at OpenAI, Anthropic and Nvidia as companies expand overseas recruitmentAI firms OpenAI, Anthropic, and Nvidia are boosting H-1B visa applications. This comes as they compete for specialized talent. Other major ...
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...
OpenAI IPO: ChatGPT maker files for US Stock Market initial public offering after Anthropic, SpaceXOpenAI would set the stage for a trio of trillion-dollar-valuation companies debuting rapidly, which together are seen as the most conseque...
Cerebras shares climb as Wall Street brokerages back AI chip strategyCerebras shares saw a rise on Monday. Several Wall Street firms initiated coverage with positive outlooks. They are backing the chip design...
Amazon India head on qcomm; senior exit at Z47Happy Monday! Amazon India’s Samir Kumar said the company is gunning for the top spot in the country’s quick commerce market. This and more...
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...
Pinterest deepens Amazon partnership with $4 billion cloud dealPinterest is investing heavily in its future with Amazon Web Services. The social media company will spend four billion dollars on cloud se...
US stocks: Pinterest deepens Amazon partnership with $4 billion cloud dealAmazon.com's cloud computing unit will provide Pinterest its custom chip processors, including Graviton and Trainium, to help scale its AI ...
Why is Google stock (GOOG) down today? Investors react to Alphabet's $80 billion equity raise for AI expansion - here's everything you need to knowGoogle stock price today: Alphabet's stock dipped following news of an $80 billion equity offering. This move aims to finance the company's...
The $965 billion AI company behind ChatGPT's biggest rival is finally going public, and it could be the biggest Wall Street debut everValued at nearly $965 billion following recent funding activity, Anthropic has emerged as one of the world's most valuable private technolo...