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US stocks: Musk's SpaceX prices record $75 billion IPO at $135 a shareSpaceX has priced its record-breaking U.S. IPO at $135 per share, raising $75 billion and valuing the company at $1.77 trillion. This makes...
Oracle's AI spending blows past estimates, raising worries over growing debtOracle, which has major deals to build data centers for customers such as Meta Platforms and OpenAI, is working to position itself as a ma...
Policybazaar founder warns of insurance squeeze; IT's buying spreeHappy Wednesday! Policybazaar’s Yashish Dahiya has warned that proposed commission caps could disrupt the insurance distribution industry. ...
AI disruption in Indian IT front-loaded, but long-term demand intact: Sushovan NayakIndian IT services face near-term AI-driven revenue pressure, estimated at 1-3%, impacting stock valuations. However, experts believe marke...
Oracle to complete 30,000 job cuts by June 15: What's the reason, which team is impacted the most and what Oracle workers could be giving up when they sign severance agreementsOracle layoffs 2026: Oracle is finalizing its largest workforce reduction, with approximately 30,000 employees departing by mid-June. Despi...
Who truly leads the AI industry now? Anthropic’s $965 billion valuation and Claude Opus 4.8 launch reignite the battle for AI supremacy beyond OpenAI’s early leadWho truly leads the AI industry now? As Anthropic reaches a $965 billion valuation and launches Claude Opus 4.8, the AI race enters a new p...
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...
Dell lands $9.7 billion Pentagon deal months after Trump-linked donationDell has secured a significant $9.7 billion, five-year technology agreement with the US Department of War for military software and cloud s...
AI rally: SK Hynix, Micron Technology join trillion-dollar club; Taiwan bourse overtakes India in market valueThe AI boom is fueling a surge in chipmakers like SK Hynix, Samsung, and Micron, pushing them into the $1 trillion market-cap club. This gl...
India’s tech sector grows with fewer freshers as AI reshapes hiringThe share of entry-level hiring in the sector has fallen to around 15% in 2025 from 28% in 2024 as companies focus more on AI, cloud, cyber...
Microsoft eyeing startup deals for life after OpenAIMicrosoft is actively seeking AI startups for potential acquisitions. This move aims to bolster its AI talent and develop a cutting-edge AI...
OpenAI to cap Microsoft revenue-sharing at $38 billion: ReportOpenAI and Microsoft have reportedly agreed to cap revenue-sharing payments at $38 billion, a move that could strengthen OpenAI's investor ...
Amazon primes a Blinkit showdown; New insurance models prop upHappy Tuesday! Amazon's late but strong push into quick commerce is unsettling market leader Blinkit. This and more in today's ETtech Morni...
DDOG stock today: Why Datadog is headed for its biggest rally since 2019 after strong earnings and 2026 forecast - here's what investors need to knowDDOG stock today after Datadog earnings: Datadog shares soared following a robust Q1 earnings report, exceeding Wall Street expectations wi...
AMD forecasts revenue above expectations on strong AI demand, shares jump 12%Advanced Micro Devices anticipates strong second-quarter revenue driven by high demand for its AI chips. The company's data center segment ...
Anthropic commits to spending $200 billion on Google's cloud and chips: ReportAI startup Anthropic will spend a massive $200 billion with Google Cloud over five years. This deal significantly boosts Google's revenue b...
Battle of paradigm shifters: Musk vs Altman over OpenAI's original purpose can shape AI's moral & commercial futureMusk’s lawsuit against Sam Altman and OpenAI, along with Microsoft, has turned into a broader debate over who controls the future of artifi...
OpenAI's latest AI models, Codex available on Amazon Bedrock, day after Microsoft deal loosensOpenAI is now available on Amazon's cloud. This move follows a contract change with Microsoft. OpenAI's AI models and coding agent can be a...
US stocks today: Oracle, CoreWeave lead AI selloff on OpenAI growth concernsShares of AI companies fell on Tuesday. OpenAI reportedly missed user and revenue goals. This has sparked worries about its ability to fund...
Oracle, CoreWeave shares drop after report flags OpenAI growth worriesOpenAI's recent performance has caused a stir. The company reportedly missed targets for new users and revenue. This has led to worries abo...