AI spooks IT valuations; Groww promoters cut stakeAI has pushed valuations of India’s top IT firms to 2008-09 levels. This and more in today’s ETtech Top 5.
19 May, 2026, 08.01 PM IST
Acko's $250 million IPO; Infosys' market cap plungeNew-age insurer Acko will soon confidentially file draft papers for its stock market debut. This and more in today's ETtech Top 5.
27 Apr, 2026, 07.59 PM IST
OpenAI awards $40.5 million to a wide range of nonprofits under new foundation structureOpenAI promised to grant out $50 million in July in response to the recommendations of an advisory commission they convened to offer feedba...
04 Dec, 2025, 08.08 AM IST
OpenAI awards $40.5 million to a wide range of nonprofits under new foundation structureThis is the first wave of donations since the maker of ChatGPT rebranded its nonprofit as the OpenAI Foundation in October. The company has...
03 Dec, 2025, 09.38 PM IST
From non-profit roots to for-profit ambitions: the OpenAI sagaOpenAI is set to become a public benefit corporation. Microsoft will hold a significant stake in this new structure. This move grants OpenA...
28 Oct, 2025, 11.20 PM IST
OpenAI names members to its nonprofit commissionOpenAI, which last month said it would raise up to $40 billion in a new funding round valuing the company at $300 billion, named Daniel Zin...
16 Apr, 2025, 08.10 AM IST
Joe Biden's 11th-hour parting gift to Elon Musk, which he is now using to break up OpenAI and Microsoft; here's all about itRecent reports have revealed that the administration of former US President Joe Biden has left a parting gift for Tesla CEO Elon Musk and t...
26 Jan, 2025, 01.57 AM IST
Microsoft, Apple drop OpenAI board plans as scrutiny growsMicrosoft and Apple have decided against taking board roles at OpenAI, citing regulatory scrutiny. Microsoft's $13 billion investment and i...
10 Jul, 2024, 11.48 PM IST
AI deals between Microsoft and OpenAI, Google and Samsung, in EU crosshairsEuropean Commission assesses tech partnerships for merger control compliance, focusing on potential market concentration effects. Regulator...
29 Jun, 2024, 08.28 AM IST
OpenAI to name new board members in March: reportThe move would finally end an impasse that began after the Microsoft-backed company's former board fired CEO Sam Altman in November.
01 Mar, 2024, 04.31 PM IST
Microsoft, OpenAI tie-up comes under antitrust scrutinyThe U.S. Federal Trade Commission is examining the nature of Microsoft's investment in ChatGPT maker OpenAI, and whether it may violate ant...
09 Dec, 2023, 08.06 AM IST
Microsoft, OpenAI tie-up draws UK antitrust regulator scrutinyThe Competition and Markets Authority (CMA) said it was also considering if the deal had resulted in the creation of a relevant merger situ...
08 Dec, 2023, 09.27 PM IST
Before Sam Altman's ouster, OpenAI's board was divided and feudingAnother member, Ilya Sutskever, who is also OpenAI's chief scientist, thought Altman was not always being honest when talking with the boar...
22 Nov, 2023, 10.43 AM IST
Japan government eyes AI adoption as OpenAI CEO Sam Altman mulls opening officeThe remarks from Hirokazu Matsuno, a top government spokesperson, came shortly before Sam Altman, chief executive of OpenAI, met Japanese p...
10 Apr, 2023, 09.57 AM IST
Italy probes Meta over abuse of position in music rights caseLast month, Meta, which owns Facebook, Whatsapp and Instagram, failed to reach a deal with SIAE to renew the copyright license. As a result...
05 Apr, 2023, 02.44 PM IST
Elon Musk calls San Francisco a town of the ‘Walking Dead’Musk was responding to a thread from US journalist and author Ashlee Vance who said during his 20-minute walk in the city, that he was witn...
04 Apr, 2023, 11.54 AM IST
Italy temporarily bans ChatGPT over privacy concernsThe move comes days after a group of artificial intelligence experts and industry executives wrote an open letter calling for a six-month p...
02 Apr, 2023, 11.38 AM IST