Oracle's AI spending blows past estimates, raising worries over growing debtOracle, which has major deals to build data centers for customers such as Meta Platforms and OpenAI, is working to position itself as a ma...
11 Jun, 2026, 08.04 AM IST
Walmart investors reject AI workplace report as automation expands in the USWalmart investors on Thursday voted against a shareholder proposal asking it to report on how its use of AI is affecting the well-being of ...
04 Jun, 2026, 10.51 PM IST
The rupee warning: Six actions for business leadersThe Indian rupee is dipping to historic lows, approaching the 100-dollar threshold. Driven by market sentiment and a perilous cycle of fore...
04 Jun, 2026, 11.40 AM IST
Anthropic confidentially files to go public; potential trillion-dollar IPO will test Wall Street appetite for AI companiesIf Anthropic’s offer goes ahead, it will test investor appetite for AI companies, which have commanded massive private valuations—both Anth...
02 Jun, 2026, 01.25 PM IST
Company racks up $500M Claude AI bill in one month after putting no usage limits on employee licensesA firm's unchecked AI spending led to a staggering $500 million bill in a single month due to unlimited employee licenses for platforms lik...
30 May, 2026, 03.59 PM IST
Pizza Hut's AI system promised 30-minute delivery, now it's facing 45-minute waits and a $100M lawsuit insteadPizza Hut's new AI system, Dragontail, has led to a major lawsuit. A large franchisee claims the technology backfired, causing delivery del...
21 May, 2026, 04.18 PM IST
Mistral AI buys Austrian physics AI startup in industrial pushFrance's Mistral AI has acquired Emmi AI from Austria. This move aims to boost Mistral's services for European industrial clients. Emmi AI ...
19 May, 2026, 05.26 PM IST
The bug stops here: Tips and tricks to help propel you ahead in the AI raceCEOs will soon be coders, not by learning to code, but by describing their needs in plain English. AI will then build the tools, transformi...
19 May, 2026, 09.22 AM IST
Anthropic's Claude writes 90% of code: CFO Krishna Rao reveals productivity gainsAnthropic's CFO, Krishna Rao, revealed that over 90% of the company's code is now generated by its AI tool, Claude Code. AI systems are aut...
16 May, 2026, 09.21 AM IST
ET Prime Special Series: Multibagger or Bankrupt - Part 58: The ICE veteran that quietly became an EV lightweighting storyMost auto ancillary investors think linear. Company makes Component X. EV disrupts Component X. Stock goes down. Every story does not fit t...
13 May, 2026, 08.07 PM IST
Meta to lay off 8,000 employees on May 20: What will be the severance package for staff by Mark Zuckerberg's company?Meta layoffs: Meta is set to lay off approximately 8,000 employees, about 10% of its global workforce, on May 20. Meta said the company is ...
12 May, 2026, 11.59 AM IST
Skyroot, a newborn unicorn; AI pay gap growsSkyroot Aerospace became India’s first spacetech unicorn after its latest funding round. This and more in today’s ETtech Top 5.
08 May, 2026, 12.47 AM IST
Cars24 operating loss narrowed in FY26, revenue grew 27%: CEO Vikram ChopraUsed-car platform Cars24 reported a 27% revenue jump to Rs 1,411 crore in FY26, significantly cutting losses by 36%. The company achieved E...
07 May, 2026, 12.24 PM IST
Duolingo's growth outlook moderates as it prioritises engagement over monetisationDuolingo reported strong first-quarter earnings but anticipates slower growth ahead. The company is focusing on enhancing user experience a...
05 May, 2026, 09.55 AM IST
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...
30 Apr, 2026, 03.53 PM IST
Spotify expects profit below estimates as North America, Europe growth slowsSpotify's second-quarter outlook falls short of expectations. The Swedish streaming giant anticipates slower growth in Europe and North Ame...
28 Apr, 2026, 06.57 PM IST
IBM revenue growth slows on AI worries; shares fallIBM's first-quarter revenue growth slowed to 9%, raising concerns about AI's impact on its software business, particularly after a rival to...
23 Apr, 2026, 08.27 AM IST