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...
11 Jun, 2026, 08.43 PM IST
US stocks: Oracle shares tumbles 12% as hefty AI spending, debt plans spook investorsOracle faced a sharp decline in stock prices on Thursday, triggering alarms among investors who are anxious about the company’s escalating ...
11 Jun, 2026, 08.17 PM IST
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
OpenAI considers drastic price cuts, anticipating war for users with Anthropic: ReportThe ChatGPT-maker confidentially filed for an IPO earlier this week after archrival Anthropic did the same last week. OpenAI CEO Sam Altman...
11 Jun, 2026, 02.23 PM IST
Visa plugs its payment network into ChatGPT letting AI agents shop, pay for usersIt is not OpenAI's first attempt at e-commerce. The company late last year announced Instant Checkout, which allowed ChatGPT to scour the i...
11 Jun, 2026, 02.07 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
Amazon secures $17.5 billion loan facility amid AI-driven capex rampAmazon secures $17.5 billion loan facility amid AI-driven capex ramp
10 Jun, 2026, 07.26 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
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...
10 Jun, 2026, 02.22 PM IST
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...
10 Jun, 2026, 10.47 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
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...
09 Jun, 2026, 05.40 AM IST
Amazon, Corning sign multi-billion-dollar deal to boost fibre optics manufacturing in USAmazon has partnered with Corning in a multi-billion dollar deal. This collaboration aims to significantly increase the production of optic...
08 Jun, 2026, 07.39 PM IST
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...
08 Jun, 2026, 06.23 PM IST
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...
08 Jun, 2026, 12.50 PM IST
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...
04 Jun, 2026, 08.25 PM IST
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 ...
04 Jun, 2026, 07.47 PM IST