Australia's Firmus Technologies strikes AI access deal with NvidiaFirmus said the deal would see it buy Nvidia infrastructure and sell Nvidia‑powered cloud services to "AI Native" customers, among others...
28 Jun, 2026, 07.38 PM IST
Companies pull back on AI as weak workplace collaboration hurts results: ReportA recent report shows that many companies are pivoting away from AI initiatives due to challenges with quality and employee engagement. The...
27 Jun, 2026, 02.24 PM IST
OpenAI, Anthropic limit new AI models to Trump-approved customers during cybersecurity reviewAI giants OpenAI and Anthropic are facing unprecedented government scrutiny over their powerful new models. The Trump administration has re...
27 Jun, 2026, 07.11 AM IST
US stocks: US market ends lower as tech stocks weigh on sentimentWall Street ended lower on Friday, with AI chip stocks experiencing a significant downturn while Moderna and other healthcare companies sur...
27 Jun, 2026, 01.48 AM IST
Morgan Stanley was among first global banks to back MFS before boom and bustMorgan Stanley initially backed British private credit firm Market Financial Solutions (MFS) before its collapse under $2.4 billion in debt...
25 Jun, 2026, 04.22 PM IST
India’s development ladder after AI: What comes next?India’s future prosperity may increasingly depend on empowering its smaller economic units to become more productive using AI.
25 Jun, 2026, 10.08 AM IST
Indian investors lead the world in AI adoption for finance, but still trust humans with the final callIndian wealthy investors are leading the world in using AI for financial research and analysis, with 86% leveraging the technology. While A...
24 Jun, 2026, 01.20 PM IST
Early Anthropic backer Menlo lands $3 billion in its largest-ever haulMenlo is set to announce that it’s raised $3 billion for a set of funds dedicated to backing AI startups, marking the venture firm’s larges...
23 Jun, 2026, 08.33 PM IST
US curbs on AI spur European firms to spread the riskEuropean companies are diversifying AI providers due to US access limits, highlighting a need for domestic alternatives. Major firms like S...
22 Jun, 2026, 11.59 PM IST
US stocks: SpaceX launches debt sale to raise capital, reports $100.8 billion in cashSpaceX is making waves with a new notes offering, and they've revealed a massive $100.8 billion cash balance. This significant financial po...
22 Jun, 2026, 07.54 PM IST
US curbs on AI spur European firms to spread the riskEuropean firms are diversifying AI providers due to U.S. access limits, highlighting a need for domestic alternatives. Companies like Sieme...
22 Jun, 2026, 05.14 PM IST
AI spending boom could trigger sharper downturn than dotcom crash: Professor Aswath DamodaranValuation expert Aswath Damodaran warns the AI boom's massive capital expenditure, largely debt-funded, could lead to a more painful downtu...
20 Jun, 2026, 07.46 PM IST
Bain Capital CLO tranche defaults in post-2008 first for EuropeA European collateralised loan obligation managed by Bain Capital has defaulted on its most junior tranche, marking the first such failure ...
20 Jun, 2026, 10.24 AM IST
AI boom heading for a dot-com-style bust? ‘Dean of Valuation’ Aswath Damodaran warns correction could be more painful than 2008Global finance expert Aswath Damodaran warns AI's massive infrastructure spending, funded by debt, poses a greater risk than the dot-com cr...
20 Jun, 2026, 10.19 AM IST
SpaceX gets investment-grade ratings with stable outlook from top agenciesThe consensus signals broad confidence in SpaceX's financial stability, as the company moves forward with a costly and ambitious AI push ...
19 Jun, 2026, 09.23 AM IST
OpenAI introduces enhanced usage analytics, AI spending controls for ChatGPT EnterpriseThe new features aim to help manage costs and track credit usage, as growing adoption of the AI tools by power users in enterprises has d...
19 Jun, 2026, 07.42 AM IST
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