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FLIGHT AI171 NEWS
Why Nebius & CoreWeave stocks tumbled after Meta's AI cloud plans- Alibaba to ban Claude Code in workplace over alleged backdoor risks, source saysAlibaba will ban employees from using Claude Code in workspace environments from July 10 due to alleged security risks involving embedde...
- ElevenLabs explores employee stock sale at $22 billion valuation: reportAI startups engaged in fierce competition for talent have been increasingly letting employees sell stock as they race to retain and attra...
- Crusoe in talks to raise $3 billion funding: reportThe startup has contracts to supply AI computing power for the likes of Meta and Oracle, the report said, as technology giants spend bill...
- Udaan faces creditor heat; Bhavin Thurakia's fifth rodeoCreditors have dragged B2B ecommerce firm Udaan’s parent to Singapore court over a bond default. This and more in today's ETtech Top 5.
- US Stocks: Meta building cloud business to sell AI computing, says report; shares riseMeta Platforms is reportedly exploring a move into the cloud computing business, aiming to lease out its surplus AI computing power. This s...
- Schneider Electric signs deal to buy AI software player Cognite for $3.1 billionThe French multinational said in a press release it would pay $3.1 billion for the whole of Cognite in an all cash deal.
- A 1611 Renaissance painting captured a bat eating a bird 400 years before scientists fully documented itA 17th-century painting by Jan Brueghel the Elder may have captured a remarkable natural phenomenon centuries before science confirmed it: ...
- World's three largest memory chipmakers sued in US over DRAM supply shift to AI memoryA class-action lawsuit has been filed in the US against Samsung, SK hynix, and Micron, accusing them of restricting traditional DRAM supply...
- ET Graphics: AI agents stealing IT’s lunchAI’s looming threat on the IT services sector has battered India’s blue chip technology stocks. Whether its a new frontier model launch, or...
- Alternatives to OpenAI, Anthropic: With US prime AI off the table, India opts for fine ChinaChinese open-source models, already popular among startups due to lower costs, may now make their way to large enterprises looking to avoid...
- The AI boom won't burst all at once. It will pop in 'rolling bubbles': MacquarieMacquarie expects the AI investment boom to unwind through a series of "rolling bubbles" rather than a single crash, as different segments ...
- OpenAI weighs IPO in 2027 after expected Anthropic public debutAI giant OpenAI is reportedly eyeing a 2027 initial public offering, potentially after rival Anthropic. Both companies have confidentially ...
- ETtech Deals Digest: Cred’s mega round lifts startup funding to $1.09 billion this week, up 290% on-yearIndian startups secured a significant $1.09 billion in funding across 14 deals, with fintech giant Cred leading the charge with a massive $...
- 'My boys instantly started praying': How passengers responded after Air Canada captain suffered mid-air seizure and dragged out of the cockpitA harrowing Air Canada flight from New Jersey to Nova Scotia was diverted to Boston after the captain suffered a medical emergency, reporte...
- DGCA says probing Air India, IndiGo planes incident at Ahmedabad airportAn investigation is underway by aviation authorities following a mishap at Ahmedabad airport involving an Air India aircraft that mistakenl...
- Air India says Delhi-Amritsar flight briefly 'infringed into Pakistan airspace'; probe underwayAn Air India flight from Delhi to Amritsar briefly strayed into Pakistan's airspace on June 22 during a go-around manoeuvre. The airline co...
- "We are all waiting" for final AAIB report on AI-171 crash: Civil Aviation MinisterThe investigation into the Air India AI-171 crash is nearing completion. The Aircraft Accident Investigation Bureau is finalizing its repor...
- Boeing, civil aviation minister issue key statement on Air India AI-171 crash probeBoeing and India's Civil Aviation Minister Ram Mohan Naidu issued statements marking one year since the Air India AI-171 crash. Both expres...
- AI-171 crash: Pilots' body renews judicial probe demand, opposes interim report releaseThe Federation of Indian Pilots is advocating for a comprehensive judicial probe into the AI-171 crash, which resulted in a staggering loss...
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