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Eternal’s robust Q1; Meta faces content-blocking allegationsEternal reported a jump in its net profit on the back of Blinkit's improving operating performance. This and more in today’s ETtech Morning...
How PayPal went from Wall Street favorite to unwilling merger targetPayPal, once a Wall Street favourite and a pioneer in digital payments, is now facing a potential $53 billion takeover bid from Stripe and ...
Global Market: PayPal takeover talks intensify as board mulls improved bidPayPal is reviewing a $53 billion takeover bid from Stripe and Advent International but considers the $60.50-per-share offer too low. Amid ...
How PayPal went from Wall Street favorite to unwilling merger targetThe company synonymous with digital payments this past week got a $53 billion offer to be taken private by upstart rival Stripe and buyout ...
India's IT model is out of date. Can the industry reinvent itself?Indian IT companies have survived many technological upheavals. But AI is threatening their pyramid model resting on an army of workforce p...
Chinese AI model takes US tech industry by surprise with abilities rivalling Claude, ChatGPTThe newest Kimi K3 model from Beijing-based startup Moonshot, run by a Pink Floyd-loving entrepreneur who earned his doctorate in Pittsburg...
Apple in early settlement talks with US DOJ over antitrust case, Bloomberg News reportsApple is reportedly in early settlement discussions with the U.S. Department of Justice regarding the ongoing antitrust case. This news, as...
OpenAI fails to trademark name in EUOpenAI, the owner the ChatGPT chatbot, lost Wednesday its appeal against the EU's refusal to register its name as a trademark. OpenAI had p...
Can America lag China in the AI race? A new threat is cropping upThe pause on data center construction in New York reveals a significant conflict between the accelerating demand for AI and the limitations...
Apple files lawsuit accusing ChatGPT maker OpenAI of stealing trade secretsApple has accused OpenAI of stealing its trade secrets for new hardware. Two former Apple employees now working for OpenAI are named defend...
Apple sues OpenAI, two former employees for trade secrets theftApple has sued OpenAI and two former employees alleging trade secret theft. The lawsuit claims confidential information was used to acceler...
Elon Musk says Anthropic is the current AI leader, praises Mythos and Fable modelsElon Musk now calls Anthropic the industry's current leader in artificial intelligence. He admitted being clearly wrong about the AI startu...
Global AI industry falls short on safety, think tank warnsUS artificial intelligence lab Anthropic scored the highest in a semiannual safety ranking, but globally the industry fails to combat "exis...
SpaceXAI plans to launch new model with Cursor as soon as WednesdayElon Musk's SpaceX said in June it would buy Anysphere, the startup behind popular AI coding agent Cursor, in an all-stock deal worth $60 ...
The empire of doubt, ally of convenience: America at 250, seen from IndiaAs America marks 250 years, its global dominance, built on military might and economic power, faces unprecedented challenges. Internal self...
Open and shut source case: There’s method in Palantir CEO Alex Karp’s ‘mad’ outburst against Big AI overselling corporatesPalantir CEO Alex Karp has fiercely criticized the US AI industry, particularly OpenAI and Anthropic, for their token-based pricing and 'ov...
Meta stock: Why are Facebook, Instagram, WhatsApp shares are rising today at U. S Stock Market?Meta has poured hundreds of billions of dollars into data centers and AI chips.