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OPENAI JOINT VENTURE
China’s Moonshot AI seeks $30 billion value in new funding talksThe developer of the Kimi chatbot has held early talks with prospective investors to raise more than $1 billion, people familiar with the m...
SpaceX plans to set IPO price at $135 per share, targeting $75 billion raise: ReportSpaceX is set to price its IPO at $135 per share, aiming to raise $75 billion and achieve a $1.75 trillion valuation. The company is breaki...
SpaceX targets $1.75 trillion valuation in all-primary IPO next week, sources saySpaceX is preparing for a massive initial public offering targeting a valuation of $1.75 trillion. The company plans to raise at least $75 ...
Nykaa, Honasa Consumer profits pop; Viral 'Cockroach Party' curbed on XNew-age companies Nykaa and Honasa Consumer posted multifold jumps in their quarterly profit. This and more in today’s ETtech Top 5.
Elon Musk’s xAI promised staff $420 for their tax returns, hasn’t paidElon Musk's xAI offered employees a $420 payment for their tax returns to train its Grok chatbot. Two months later, these promised payments...
ETtech Explainer: Did OpenAI's new AI deployment venture just kill Indian IT stocks?Indian IT stocks plummeted to three-year lows following OpenAI's launch of a new venture focused on direct AI implementation for enterprise...
Uber's India data centre bet; Cyber cover meets AI riskUber will establish its first data centre in India with the Adani Group. This and more in today’s ETtech Top 5.
ET Graphics: AI services boom rewrites IT OpsAI services are booming as Anthropic launches a joint venture and OpenAI reportedly seeks funding, intensifying competition for Indian IT f...
OpenAI creates new unit with $4 billion investment to aid corporate AI pushOpenAI is launching a new venture with over four billion dollars. This new company will help businesses build and use artificial intelligen...
Job cuts at Freshworks; Meesho, PB Fintech Q4 earningsFreshworks announced job cuts as it ramps up AI focus. This and more in today's ETtech Top 5.
Anthropic and OpenAI move into enterprise services, testing India’s IT leadersSynopsis: Anthropic and OpenAI are shifting from building AI models to offering complete business services. Backed by multi-billion dollar ...
OpenAI, Anthropic tap PE muscle to disrupt $300 billion IT services marketAI giants OpenAI and Anthropic are forging major joint ventures with private equity firms, injecting billions to accelerate AI adoption acr...
OpenAI, Anthropic ventures in talks to buy AI services firms: SourcesAI giants OpenAI and Anthropic are planning to buy companies that help businesses use artificial intelligence. These moves aim to bring in ...
OpenAI finalises $10 billion joint venture with PE firms to deploy AIOpenAI has launched a new venture, The Deployment Company. It has secured over $4 billion from 19 investors. This company will focus on hel...
Anthropic nears $1.5 billion joint venture with Wall Street firmsAI firm Anthropic is reportedly close to a significant $1.5 billion joint venture, with major Wall Street players like Blackstone and Hellm...
JioStar logs Rs 3,210 crore profit in FY26 aided by growth in digital, sportsJioStar reported a significant net profit of Rs 3,210 crore for FY26, with operating revenue reaching Rs 31,048 crore. The entertainment ar...
Infosys Q4 profit spikes; Flipkart mulls separate app for MinutesInfosys closed FY26 with strong numbers aided by a pickup in demand from its banking, energy and communication segments. This and more in...
Indian IT pack falls; MeitY’s e-gaming rulebookIndian IT stocks suffered on Wednesday after HCLTech’s weak Q4 numbers. This and more in today’s ETtech Top 5.
OpenAI in talks to commit up to $1.5 billion to private equity joint venture: FTArtificial intelligence firm OpenAI is reportedly planning to invest up to $1.5 billion in a new joint venture, internally named 'DeployCo'...
Microsoft takes over Stargate data center from OpenAI in NorwayMicrosoft will rent 30,000 additional Nvidia Vera Rubin chips from neocloud provider Nscale at a campus inside the arctic circle in Narvik,...