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Tap-and-pay takes off; ADIA to trim Lenskart stakeHappy Thursday! Tap-and-pay card usage is on the rise in India despite UPI's dominance. This and more in today’s ETtech Morning Dispatch.
Meta partners with Reliance to set up its first data centre in IndiaMeta Platforms is significantly boosting its India investments with a new 168 MW data center in Jamnagar, Gujarat, in partnership with Reli...
Reliance, Meta announce Jamnagar data centre; CleanMax to supply over 900 MW renewable energy capacityMeta Platforms is investing heavily in India's digital future. The company is partnering with Reliance Industries to build a new data cente...
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.
Global AI debt issuance to top $500 billion in 2026: Morgan StanleyTech companies that have long relied on strong cash flows are increasingly turning to debt financing as investment needs surge. Morgan Stan...
Meta partners with Reliance to lease 168 MW AI data centre in JamnagarMeta has deepened its India bet by partnering with Reliance Industries to build its first AI-ready data centre in the country, leasing 168 ...
Meta to launch America's workforce academy for guaranteed job placement with $115 million first year investmentMeta is launching America's Workforce Academy (AWA), a nationwide program designed to fast-track individuals into long-term careers in skil...
Apollo, Blackstone back Anthropic's $35 billion capacity expansion in new Broadcom tie-upApollo and Blackstone are investing $35 billion to boost Anthropic's AI computing power. This expansion will utilize Broadcom's custom chip...
SpaceX, Anthropic, OpenAI can rewrite history for megacap IPOsInvestors face a key decision on when to buy shares in upcoming mega-tech IPOs like SpaceX, Anthropic, and OpenAI. Historical data shows te...
Meta funds skilled trades jobs program for AI data center buildoutThe cost-free program, America's Workforce Academy, will end in guaranteed job offers to graduates, the company said in a statement. A Meta...
Techie quits high-paying 'boring' Meta job to sell noodles for a living. He has a message for everyone: 'If this does not work out...'A former Meta software engineer has left his high-paying job to become a Hokkien Mee hawker. He found software engineering boring and sough...
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...
Thai watchdog to sue Meta over Facebook scam ads targeting usersIn previous cases, the company has said it invests in measures to detect and remove scam content and works with regulators and law enforcem...
Meta AI chief sees opportunity in models’ giving health adviceThe 29-year-old founder of data-labeling startup Scale AI joined Meta after Chief Executive Officer Mark Zuckerberg overhauled his company’...
China tightens oversight of overseas investments amid tech rivalry with USChina has introduced new rules to tighten control over overseas investments. This directive aims to enhance national security reviews for c...
China toughens rules on outbound investment after Meta-Manus contentionThe rules, published by the State Council, or cabinet, will take effect from July 1. One of the most significant requires authorisation fo...
Meta lays off nearly 1,400 Washington employees in latest tech workforce cut: Check worst-hit departments, severance package and moreMeta is set to lay off nearly 1,400 employees across Washington state, including Seattle, Bellevue, and Redmond, starting July 22, 2026. Th...