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Meta-Reliance AI hub; SAP CEO on India's AI edgeMeta has tapped Reliance for India AI data centre. This and more in today's ETtech Top 5.- Every '70s home bar had this; now it's the retro bar decor you'd be thrilled to find at the thrift storeA 1970s vintage ice bucket is a popular thrift store find. These colorful, insulated plastic containers offer a sense of comfort and person...
- AI-driven data centre demand far outstrips supply despite record hyperscaler spending: JefferiesGlobal demand for data centres continues to significantly outpace available supply, creating a structural shortage that is expected to pers...
- Meta weighs big equity raising to finance AI infrastructure: FTThe report comes after Alphabet moved to raise $84.75 billion in upsized equity offerings, as Big Tech competes to build data centers and...
- Ola Electric’s QIP boost; AMFI benches Stable MoneyHappy Friday! Ola Electric has raised fresh capital through a QIP. This and more in today's ETtech Morning Dispatch.
- AI companies are barreling toward huge Wall Street debuts. A look at the biggest playersFrom Anthropic to SpaceX to OpenAI, tech giants are looking to take their shares public to access more capital in the race to shape the tec...
- US Stock Market: AI-fuelled tech rally raises concerns over growing market concentrationU.S. technology stocks have surged to unprecedented market influence, driven by AI enthusiasm and now comprising over 39% of the S&P 500's ...
- ‘IPL is done, get back to business’: Why Uday Kotak thinks Google’s $80 billion raise is a wake-up call for India IncBanking doyen Uday Kotak has urged Indian companies to invest in the future, calling Alphabet's $80 billion fundraise a wake-up call. He em...
- Why is Google stock (GOOG) down today? Investors react to Alphabet's $80 billion equity raise for AI expansion - here's everything you need to knowGoogle stock price today: Alphabet's stock dipped following news of an $80 billion equity offering. This move aims to finance the company's...
- Alphabet stock price jumps as Google parent plans $80 billion fundraising for AI expansionAlphabet stock price remained in focus after Google parent Alphabet announced plans to raise up to $80 billion to expand artificial intelli...
- Double, Trouble, Toil and the AI Bubble: Why the boom may not be what it seemsAs India navigates its AI and innovation trajectory, skepticism looms large. While AI technologies have fueled market growth worldwide, the...
- AI bubble debate gets real as chip stocks rallyChipmaker stocks are soaring, leading to a debate about an artificial intelligence bubble. Demand for AI data center chips is driving price...
- Meta launches paid subscriptions for Instagram, Facebook, WhatsAppMeta has launched paid subscriptions for Facebook, Instagram, and WhatsApp, offering enhanced features like audience growth tools, premium ...
- SpaceX, OpenAI windfall fuels bets on next-wave Asian AI winnersAnticipating significant capital raises from tech giants like SpaceX and OpenAI, investors are shifting focus to Asian supply chain compani...
- AI costs spiral as firms lose spending controlCompanies are facing massive AI bills, with one firm reportedly spending $500 million in a month on Claude AI due to unchecked usage. Sever...
- Elon Musk defends AI ambitions as IPO reveals troubleElon Musk insists that his artificial intelligence venture xAI remains a serious competitor, pushing back against mounting doubts after rev...
- Meta layoffs hit India; Local VCs eye Wispr Flow fundingHappy Wednesday! Tech major Meta has quietly axed a dozen India roles as part of its latest global AI-era reset. This and more in today's E...
- Meta India cuts around dozen jobs; ad sales, marketing roles take a hitAccording to industry estimates, the company has about 400 employees, though it does not reveal country-specific workforce numbers. Meta re...
- Meta CEO Mark Zuckerberg makes two promises after 8,000 layoffs, one on future job cutsMeta CEO Mark Zuckerberg has assured employees that there will be no more company-wide layoffs this year following a major restructuring th...
- Mark Zuckerberg says he feels 'weight' of Meta layoffsMeta is laying off approximately 8,000 employees, about 10% of its global workforce, to redirect resources towards an ambitious artificial ...
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