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OPENAI FUNDING NEEDS
OpenAI forecasts cash burn near $280 billion by 2030: ReportThe projection highlights OpenAI's funding needs as it seeks fresh investment, with the FT reporting earlier this week that the ChatGPT mak...- SoftBank adds $21 billion to AI firepower in new debt dealsThe Japanese conglomerate increased its margin loan backed by shares of its chip unit Arm Holdings Plc by $5 billion to $25 billion, people...
- Infosys, TCS, other IT stocks in focus after first Fed rate hike in 3 years. Will inflationary pressures offset anti-AI euphoria?Indian IT stocks such as Infosys and TCS are likely to remain in focus after the US Federal Reserve raised interest rates by 25 basis point...
- UPI MDR explained; AI leaders split on slowing downUPI’s new MDR framework will change how large merchant payments are charged. This and more in today’s ETtech Top 5.
- Employees have to get on the AI train and go where it takes them: KFintech CTOKFintech embraces artificial intelligence across its operations and workforce. The company utilizes various large language models for diffe...
- UPI charges from October 15; Activate’s maiden fundHappy Wednesday! The NPCI has announced charges on select UPI merchant payments. This and more in today's ETtech Morning Dispatch.
- AI’s trillion-dollar question: What happens if the boom slows?AI leaders urge a slowdown in advanced model development for safety measures. This call has caused significant market reactions and stock p...
- Gates Foundation warns AI could widen inequality as foundation pledges $1B to expand accessAnd despite the United States' international aid cuts, Gates Foundation CEO Mark Suzman said he would continue pressing Congress and Presid...
- Tech CEOs call for AI regulation. Trump and Congress are not rushing to actPresident Donald Trump is leading the opposition to recent calls by tech leaders seeking greater government oversight, including Anthropic'...
- Temporal's valuation spikes to $12.6 billion in Lightspeed-led funding roundTemporal makes open-source software that helps applications, including AI agents, recover from failure, reducing the need for engineers t...
- Semicon India eyes chip deals; AI leaders seek slowdownThe government is pushing supply chain partnerships at Semicon India 2026 to help local players. This and more in today’s ETtech Top 5.
- King Charles to host AI executives as threat fears mountKing Charles will host major artificial intelligence company leaders this week. They will discuss shared principles to guide rapidly advanc...
- King Charles to host AI executives as threat fears mountThe debate about AI was thrust back into the spotlight when two Anthropic researchers issued warnings that the rapidly progressing technolo...
- Anthropic CEO seeks AI slowdown, tighter safety checks and global cooperationAnthropic CEO Dario Amodei called for a slowdown in AI model development. He proposed a three-step plan involving independent evaluators an...
- US lawmakers call for new AI rules after Anthropic researchers' safety warningsThe reaction was broader than after previous statements from OpenAI and Anthropic staffers about safety concerns, drawing input from lawmak...
- Late-stage funding squeeze; ISRO opens up spaceHappy Tuesday! India’s late-stage funding market is tightening, with investors writing smaller cheques and pushing for lower valuations. Th...
- AI boom heats up Bay Area housing market as wealthy buyers drive demand for high-end homes across USHigh-income earners, many of them employees at AI companies, are snapping up multimillion-dollar houses in the San Francisco Bay Area, unda...
- Nvidia pauses revenue-sharing deals with AI cloud companiesThe chip giant stepped back from the program last week, the Journal said, adding that it could still revamp the initiative later or fold it...
- Bill Gates, alarmed by AI, has policy ideas he wants to discuss with China's Xi JinpingThe Microsoft cofounder and billionaire philanthropist Bill Gates told Reuters in an interview that he believes China might agree to restri...
- Five things to know about Anthropic ahead of Wall Street debutAnthropic, the OpenAI rival that bet everything on computer coding, is expected to go public within weeks in a listing that could eclipse S...
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