Gulf countries act as propellants for SpaceX IPO as billions flow inSaudi Arabia's Public Investment Fund and Kuwait Investment Authority have each placed orders for shares worth $1 billion to $5 billion, th...
11 Jun, 2026, 01.27 PM IST
Explained: Why Oracle shares crashed 10% in extended trading despite earnings beatOracle shares fell sharply in after-hours trading despite beating earnings estimates, as investors reacted to aggressive AI spending plans ...
11 Jun, 2026, 12.08 PM IST
Canada introduces legislation to ban social media for children under 16, regulate AI chatbotsThe bill also aims to make AI chatbots safer by setting up a digital regulator to establish safety standards, a government official said. C...
11 Jun, 2026, 08.20 AM IST
Karnataka begins rollout of AI-ready KEO PCs, first batch of 2,000 units set for deploymentKarnataka has launched KEO, its own AI-ready personal computer initiative. The first 2,000 systems are being deployed in rural libraries an...
10 Jun, 2026, 06.58 PM IST
OpenAI joins rival Anthropic in race to Wall StreetOpenAI did not disclose the size or terms of the offering, and said a timeline has not yet been determined. "It may be a while because ther...
10 Jun, 2026, 06.21 PM IST
South Korea's SK Hynix eyes US listing as soon as August, sources sayThe US Securities and Exchange Commission is likely to approve SK Hynix's American depositary receipt listing application during the week...
10 Jun, 2026, 01.05 PM IST
SoftBank's attempt to get $6 billion OpenAI margin loan stalls: ReportThe company is considering various fundraising options, the report said, adding that it could still move forward with the margin loan at a ...
10 Jun, 2026, 07.46 AM IST
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...
09 Jun, 2026, 09.25 PM IST
OpenAI files for US IPO after Anthropic as AI giants head to public marketsAI giant OpenAI has confidentially filed for a US initial public offering. This move follows rival Anthropic's similar filing. Investors ar...
09 Jun, 2026, 06.47 AM IST
OpenAI IPO: ChatGPT maker files for US Stock Market initial public offering after Anthropic, SpaceXOpenAI would set the stage for a trio of trillion-dollar-valuation companies debuting rapidly, which together are seen as the most conseque...
09 Jun, 2026, 05.40 AM IST
DeepSeek close to sealing $7 billion funding in historic AI dealChinese AI startup DeepSeek is nearing a massive $7.4 billion funding round, with tech giants Tencent and CATL leading the investment. Deep...
08 Jun, 2026, 09.53 PM IST
$100K savings in 3 months: Techie says Claude code is now 2x faster, 3x cheaper using this toolA developer's Reddit post highlights GrapeRoot, a tool enhancing AI coding. It uses a dependency graph to load only relevant code, reducing...
05 Jun, 2026, 11.23 AM IST
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...
04 Jun, 2026, 10.10 AM IST
OpenAI CEO Sam Altman will attend G7 in FranceOpenAI chief Sam Altman will join leaders at the G7 summit in France this month. Artificial intelligence will be a major focus for discussi...
03 Jun, 2026, 09.01 PM IST
Palo Alto Networks warns AI-powered cyberattacks could overwhelm enterprises within months: Meerah RajavelPalo Alto Networks warns that advanced AI-powered cyberattacks could become widely accessible within months, significantly lowering the bar...
02 Jun, 2026, 08.45 AM IST
After the AI binge, companies balk at soaring billsArtificial intelligence is becoming more expensive as companies rethink their initial embrace. The era of "subsidized intelligence" is endi...
31 May, 2026, 07.28 AM IST
Chinese AI models surge in 2026: Is JPMorgan data signaling a global shift away from US AI dominance?Chinese AI models are no longer just regional competitors. They are rapidly becoming a global artificial intelligence force. New JPMorgan d...
28 May, 2026, 06.21 PM IST