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Scott Bessent says AI industry must own its risks and find solutionsAnthropic PBC Chief Executive Officer Dario Amodei, OpenAI chief Sam Altman and SpaceAI Corp.’s Elon Musk in September called for the indus...
Nscale hires Meta’s Justin Osofsky to be COO ahead of IPOThe new COO, Justin Osofksy, worked at Meta for 18 years in various executive roles and was most recently its chief partnerships officer.
Oracle share price: ORCL stock jumps at NYSE, what is making it one of top turnover stocks in Software & IT Services sectorOracle stock: Oracle's move to protect itself against potential delays at a massive data center project developed by Blue Owl in New Mexico...
US stocks: US market slips as rising Treasury yields offset AI-driven tech gainsUS stock indices fell as increasing government bond yields weakened investor sentiment across the market. The Dow Jones Industrial Average,...
Indian executives are gaining clout in US corporate boardroomsThe landscape of S&P 500 boards has seen a noteworthy shift, with Indian men now occupying a record 16 seats. This development reflects the...
Ahead of Market: 10 things that will decide stock market action on MondayIndian equity benchmarks Sensex and Nifty ended higher on Friday, bouncing back to close at 73,896 and 23,140.50 respectively. Geojit’s Vin...
Microsoft abandons personal AI chatbot race with Copilot rebootThe result of a six-month engineering effort, the latest iteration of the assistant has absorbed the separate version for home use, adoptin...
Xi Jinping unlikely to bring CEOs to summit where Trump seeks dealsUS President Donald Trump is preparing to host China's President Xi Jinping for an upcoming summit in Washington. The Chinese leader is not...
Dutch fintech Adyen sees long-term India opportunity, plans local expansionWith plans for a substantial expansion in India's digital payments sector, Adyen is actively recruiting more staff to address surging deman...
Apple’s 2,275% gain under Tim Cook is a tough act for John Ternus to followApple CEO Tim Cook has handed over the reins to John Ternus after a 15-year tenure that transformed Apple into a $4.6 trillion company. The...
The Economic Times Startup Awards 2026: And the big winners are…Happy Thursday! Top entrepreneurs and business leaders came together in Bengaluru on August 25 to pick the winners of The Economic Times St...
AI data centre firm AMI orders 9,000 Nvidia Vera Rubin chipsAM Intelligence (AMI), promoted by Greenko founders, has ordered 9,000 Nvidia Vera Rubin chips as it builds a 5GW global data centre networ...
- Memory stocks face headwinds as 'smart money' walks out
Memory stocks showed initial promise but are now faltering, weighed down by anxiety surrounding the artificial intelligence market. Sandisk...
Josh Kushner’s Thrive Fund grows sevenfold to $3.7 billion on AI betsThe letter highlights an investing strategy that Thrive pioneered in the venture capital industry: concentrating on a small subset of compa...
Nvidia’s $500 billion plan envelops Wall Street in its AI frenzyNvidia has unveiled a major financing initiative aimed at supporting artificial intelligence chip acquisitions. By collaborating with promi...
Is Microsoft overbuilding AI capacity? Bernstein says no, raises target price to $660Bernstein maintains an Outperform rating on Microsoft and raises its target to $660, citing disciplined AI infrastructure spending, flexibl...
Google’s search monopoly is becoming an AI monopolyGoogle's search crawler now feeds its artificial intelligence models, creating an unfair advantage. This strategy accelerates automated int...
LinkedIn executives can be questioned in antitrust lawsuit, judge rulesU.S. Magistrate Judge Laurel Beeler in San Francisco said in an order on Tuesday that the plaintiffs can depose LinkedIn's current chief ...
Foreign borrowings hit over $6 billion in June as 140 firms tap global marketIn June, external commercial borrowings and foreign currency convertible bonds amassed an impressive $6.07 billion. Prominent borrowers inc...
AI data-centre race builds $1 trillion lease burden for Big TechThe commitments show that a substantial part of Big Tech's AI spending spree has already been locked in, without yet appearing as debt-like...