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South Korea's SK Hynix to launch $28 billion US listing to ride global AI waveThe company will sell 17.79 million new shares in the depository receipt listing on the Nasdaq, making it one of the world's most valuabl...
From Pax Silica to Japan: Mapping India's AI Partnerships in 2026The first major global engagement in 2026 came in February, when India joined the Pax Silica initiative, a multilateral framework focussed ...
ETtech Explainer: What is Microsoft’s new Frontier Company?According to Microsoft’s announcement, Frontier Company will help enterprises build AI systems, integrate them with business data, applicat...
SAP tightens hiring, travel spend as it ramps up AI investmentsGerman tech giant SAP is strategically curbing hiring, travel, and external spending to fuel its ambitious artificial intelligence investme...
Meta’s compounding India woes; HCLTech’s mega AI dealUnion minister Ashwini Vaishnaw has asked to summon Meta over child sexual abuse material on Instagram. This and more in today’s ETtech Top...
Yotta Data Services in talks with PE funds to raise $1 billionYotta Data Services is reportedly seeking $1 billion from global and domestic funds, aiming to sell a 25-30% stake at a $3 billion valuatio...
India, Japan deepen AI cooperation across full tech stack; agree on safe, secure, human-centric AI ecosystemIndia and Japan have forged a significant partnership to build a "safe, secure, trustworthy, and inclusive" AI ecosystem. This collaboratio...
From OpenAI to Sarvam, governments may want skin in the AI gameGovernments are exploring ownership stakes in leading AI firms like OpenAI and Sarvam AI, signaling a shift in viewing artificial intellige...
AI to be defining force for 'Viksit Bharat@2047': Jitendra SinghUnion Minister Jitendra Singh proclaimed that India is set to achieve developed nation status by 2047, thanks to human-led AI advancements....
Shopping without searching: The Agentic AI future Amazon, Swiggy and Zepto are building in IndiaAI's influence on online shopping is rapidly growing, with agents now completing tasks like purchases. Major platforms like Amazon, Swiggy,...
OpenAI offers 5% stake to Trump administration: reportThe proposed arrangement would involve other U.S. AI companies handing over a similar stake to the government, The Financial Times reporte...
SoftBank renews talks for $10 billion loan against OpenAI stake, adds concessionsTo make lenders more comfortable, the Japanese technology investor is offering to guarantee repayment of the loan, giving banks recourse to...
Portugal launches first open-source AI model, joining Europe's sovereignty pushPortugal has unveiled its inaugural open-source artificial intelligence model, named Amalia, a significant step towards European AI soverei...
OpenAI says ChatGPT is expanding beyond early adoptersSustained engagement and habitual use are becoming key metrics for companies as they race to build AI assistants that consumers use as part...
Ex-Intel exec Raja Koduri's OXMIQ raises $35 million to build licensable AI chip architectureAI chip startup OXMIQ, founded by former Intel executive Raja Koduri, has secured $35 million in Series A funding. The company aims to demo...
'Just mention Zoho and get discount on Microsoft Office license': Sridhar Vembu says India will catch up in AIZoho founder Sridhar Vembu shared an anecdote where a customer secured a 90% discount on Microsoft Office licenses after mentioning Zoho as...
Digital India has given India new identity worldwide: PM ModiPrime Minister Narendra Modi celebrated 11 years of Digital India, highlighting its transformative impact on governance, citizen empowermen...
Amazon's AWS commits $1 billion toward new unit for embedded AI engineersThe company is committing an initial $1 billion to the initiative with the goal of sending five to six pods of engineers to customers for 4...
AI could become the next competitive advantage for renewable energy companies: ReportArtificial intelligence is poised to become a major competitive edge for renewable energy firms, according to a BCG report. The focus is sh...
35 nations, including India, sign statement on AI opportunity at Pax Silica Summit in USAt the second Pax Silica Summit held in Washington on Thursday, 35 nations signed the Joint Statement on AI Opportunity, aligning behind a ...