Anthropic eyes $1.4 trillion valuation in blockbuster IPO, targets up to $90.4 billion in fundraisingAnthropic is targeting a fully diluted $1.4 trillion valuation through its proposed IPO, seeking up to $64.35 billion. Combined with a $26 ...
10 Nov, 2026, 07.34 PM IST
Anthropic plans to raise $64 billion through IPO, as per latest draft prospectusAnthropic is targeting up to $90.4 billion through an IPO and private placement, according to a Reuters-reviewed draft prospectus. The fund...
10 Nov, 2026, 04.57 PM IST
Human, all too human: More than whether Jensen Huang can survive the scandal, can Nvidia survive Jensen Huang?Nvidia's co-founder Jensen Huang has acknowledged an extramarital affair which has raised security concerns. He reportedly engaged with a C...
09 Nov, 2026, 10.56 PM IST
US stock market stages massive rally today, adds $1.5 trillion: 5 reasons why Dow Jones, S&P 500 and Nasdaq surge as AMD and Tesla jump while Nvidia sinksUS stock market rally today: Wall Street added $1.5 trillion in market value on Monday as technology and semiconductor stocks recovered fro...
09 Nov, 2026, 10.51 PM IST
Nvidia scandal: The AI arms race puts human spies back into the gameThe Nvidia controversy involving CEO Jensen Huang and a woman suspected by US intelligence of having links to Beijing has renewed concerns ...
09 Nov, 2026, 08.28 PM IST
AI meltdown: Kospi crashes 9%, hits 9-month low as Wall Street bloodbath after midterm elections spills to Asia; circuit breaker triggeredThe sell-off followed a global market rout on Thursday, which saw the Nasdaq 100 plunge 6.4%, wiping out a record $2.3 trillion in market v...
06 Nov, 2026, 09.52 AM IST
Big tech, green groups in talks over data center guardrailsThe "Responsible Data Center Collaborative" counts Google, Meta, Microsoft, Oracle, Amazon, Nvidia and Anthropic among its members, alongsi...
06 Nov, 2026, 08.07 AM IST
Google loses nearly half a trillion in market value: What went wrong with Alphabet?Alphabet lost $482 billion in market value after its shares plunged nearly 13% following disappointing third-quarter results. Despite 103% ...
04 Nov, 2026, 05.23 PM IST
AMD's OpenAI, Meta chip deals trigger $1 billion quarterly chargeAMD in February agreed to sell up to $60 billion worth of AI chips to Meta over five years, giving the Facebook owner warrants that could l...
04 Nov, 2026, 01.57 PM IST
AMD's OpenAI, Meta chip deals trigger $1 billion quarterly chargeAMD in February agreed to sell up to $60 billion worth of AI chips to Meta over five years, giving the Facebook owner warrants that could l...
04 Nov, 2026, 08.02 AM IST
Marvell to buy Lumentum in $115 billion deal in AI data-center betMarvell Technology is poised to acquire Lumentum in a groundbreaking all-stock transaction worth $115 billion. This strategic acquisition i...
02 Nov, 2026, 09.22 PM IST
Musk and Zuckerberg officially adopt Trump’s “super intelligence” label for AI, other tech chiefs yet to followIn a significant shift, tech giants Elon Musk and Mark Zuckerberg have embraced the term 'super intelligence' to describe AI, following a p...
31 Oct, 2026, 01.25 PM IST
Google's Nvidia chip challenge boosts cloud sales, crimps cash flowThe trade-off, outlined by finance chief Anat Ashkenazi on Alphabet's post-earnings call on Wednesday, offers an early look at the costs of...
29 Oct, 2026, 07.07 PM IST
Microsoft beats expectations fueled by Azure cloud businessMicrosoft has unveiled its impressive financial performance, reporting a revenue of $92.3 billion and profits soaring past $36.6 billion. T...
29 Oct, 2026, 11.18 AM IST
Shares in Google owner Alphabet sink on profit miss, ad slowdownAlphabet has witnessed a notable decline in its net profit and advertising revenue for the third quarter, specifically from July to Septemb...
29 Oct, 2026, 11.14 AM IST
US DOJ is inquiring about Nvidia's purchase of Hugging FaceThe Justice Department's recent questioning covers Nvidia's acquisitions, investments, sales practices, and whether the chip designer has e...
29 Oct, 2026, 08.17 AM IST
OpenAI plans to buy Google's AI chipsOpenAI plans to buy Google's AI chips, The Information reported on Tuesday, citing a person familiar with the matter, as technology compani...
28 Oct, 2026, 08.09 AM IST