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AZURE CLOUD BUSINESS
Microsoft sued by shareholders over expenses, cloud business, AIAbout $357 billion of market value was erased, and Microsoft's stock suffered its biggest one-day decline in nearly six years.- 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...
- Google Cloud outage in India after third-party data centre fire triggers shutdownThe cloud-computing unit said the fire led to an emergency power shutdown at the facility, isolating a local point of presence in Delhi a...
- 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...
- How Larry Ellison, Masayoshi Son, Michael Saylor AI crypto billionaires reshaping legacy wealth in 2026 markets shift?Oracle’s AI cloud surge, SoftBank’s OpenAI-backed rebound, and MicroStrategy’s Bitcoin strategy reflect a new billionaire era. Over $1 tril...
- PM Modi’s high stakes push for sovereign AI faces reality checkIndia is striving to build its own artificial intelligence capabilities, aiming for self-reliance and global export. However, the nation fa...
- Indian founders flip Y Combinator’s $25,000 AI tokens for quick bucksA grey market for discounted AI credits has emerged following Y Combinator's Startup School in India. Attendees are selling free credits fo...
- Flipkart puts IPO on ice; Rapido's $240 million raiseFlipkart has hit pause on its IPO in a jittery market. This and more in today's ETtech Top 5.
- Bill Ackman's Pershing Square takes stake in Microsoft, citing 'compelling' valuationBillionaire investor Bill Ackman's fund Pershing Square is revealing a new investment in Microsoft. Ackman believes the tech giant is under...
- Microsoft eyeing startup deals for life after OpenAIMicrosoft is actively seeking AI startups for potential acquisitions. This move aims to bolster its AI talent and develop a cutting-edge AI...
- OpenAI to cap Microsoft revenue-sharing at $38 billion: ReportOpenAI and Microsoft have reportedly agreed to cap revenue-sharing payments at $38 billion, a move that could strengthen OpenAI's investor ...
- Anthropic commits to spending $200 billion on Google's cloud and chips: ReportAI startup Anthropic will spend a massive $200 billion with Google Cloud over five years. This deal significantly boosts Google's revenue b...
- Google Cloud pulls ahead as Big Tech's AI bet swells to $700 billionAlphabet's cloud business is booming, outperforming rivals like Amazon and Microsoft. Tech giants are spending over $700 billion on AI this...
- Meta falls behind as Alphabet, Amazon outpace Facebook-parent in AI shift during earningsTech giants, including Google-parent Alphabet, Amazon, Microsoft, and Meta, announced their quarterly earnings on Wednesday, with the Faceb...
- Microsoft expects strong cloud business growth, plans record capital spendingMicrosoft anticipates robust sales for its Azure cloud services. The tech giant is planning substantial capital expenditure for 2026. This ...
- Google stock price, Alphabet earnings, revenue and profit rise after AI drives quarterly resultsGoogle stock price, Alphabet earnings, revenue and profit moved higher after the company reported strong quarterly results. The company pos...
- Google parent Alphabet's cloud unit beats quarterly revenue estimates on strong AI demandAlphabet's cloud unit revenue surged 63% to $20 billion, exceeding estimates and driven by strong enterprise spending on AI infrastructure....
- Cognizant to buy Astreya for about $600 millionCognizant Technology is set to acquire Astreya for approximately $600 million. The deal, expected to conclude in the second quarter of 2026...
- Microsoft must face $2.8 billion UK lawsuit over cloud computing licencesA London tribunal has allowed a mass lawsuit against Microsoft. Thousands of British businesses claim they were overcharged for Windows Ser...
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