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OPENAI WORKFORCE EXPANSION
Zepto's market position; TCS' AI verdict at AGMZepto pulls ahead of Swiggy Instamart on orders, but heavy burn continues. This and more in today's ETtech Top 5.- 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...
- Lenskart, Ola’s Q4 scorecards; Visa maze for laid-off techiesLenskart has posted a sharp jump in its March-quarter revenue even as profit dipped marginally. This and more in today’s ETtech Top 5.
- 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.
- In the PR battle for AI data centers, tech giants got a blue-collar allyAmerican construction unions are now key players in building the nation's artificial intelligence infrastructure. They are partnering with ...
- Sam Altman sets out OpenAI's three key focus areas for next phase of growthOpenAI CEO Sam Altman revealed the company's future focus on accelerating scientific research, boosting economic productivity, and developi...
- Microsoft stock price, earnings, investor relations and quarterly cloud revenue growth fall after cloud results and AI spending updatesMicrosoft stock price, earnings, investor relations and quarterly cloud revenue growth remained in focus after the company reported Azure g...
- India’s real estate will meet the reality of agentic AIIndia’s IT slowdown, driven by AI-driven automation and shrinking outsourcing demand, is beginning to hit real estate, mortgages, and emplo...
- Shots fired in the AI war: US and China clash over code and controlThe US-China AI rivalry has intensified, moving beyond innovation to a battle for talent, IP, and strategic tech. China's blocking of Meta'...
- Kazakhstan’s digital leap: How Central Asia’s tech hub is shaping the future of AI and GovTechKazakhstan is emerging as a key digital hub in Central Asia, backed by a broad national push in artificial intelligence, digital governance...
- AI majors building India base in Bengaluru boosting space demandBengaluru is rapidly becoming a global hub for AI innovation as major tech companies like Anthropic and OpenAI establish new offices. Europ...
- Tim Cook: The outgoing Apple CEO stepped into Steve Jobs’ giant shoes and leaves them much biggerTim Cook, who helped make Apple one of the world’s most valuable firms, will step down as chief executive after 15 years in the role. On Se...
- Groww's strong Q4; Iran conflict hits India's GCCsFintech major Groww more than doubled its net profit in the fourth quarter of FY26. This and more in today's ETtech Top 5.
- TCS bets on AI hiring, partnerships as currency gains lift margins; eyes 360-degree ecosystem playTata Consultancy Services, India's largest IT firm, saw its profits grow slightly. This was helped by favorable currency rates and better o...
- Tech layoffs: India once again in the crosshairs, with 1 in 3 laid off by Oracle based hereThousands of Oracle employees in India faced immediate job termination via email. This action is part of a global workforce reduction affec...
- OpenAI taps JioStar exec; Jio's pre-IPO movesJioStar top executive Kiran Mani has resigned from his role and will join OpenAI to lead its Asia Pacific operations. This and more in toda...
- OpenAI to nearly double workforce to 8,000 by end-2026: FTOpenAI plans to deploy most of the new hires across product development, engineering, research and sales, the FT said. The ChatGPT-maker ...
- Anthropic follows in OpenAI's footsteps for India forayAI major Anthropic is expanding its global footprint, including hiring a country lead for India, as it triples its international workforce....
- OpenAI offers lavish compensation to staff; here's how much employees get paidElon Musk is taking on OpenAI, accusing it of turning its back on its nonprofit roots and monopolizing the generative AI market through mas...
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