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Kuku FM readies public market debut; SoftBank books Lenskart gainsKuku FM's parent has taken the first step towards a stock market listing. This and more in today's ETtech Top 5.
PM Modi’s high stakes push for sovereign AI faces reality checkIndia is striving to build its own artificial intelligence capabilities, aiming for self-reliance and global export. However, the nation fa...
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...
Cars24 launches AI lab, commits $20 million to AI, early-stage startupsCars24 is launching Cars24 Labs, a new initiative backed by a $20 million investment. This program will focus on developing artificial inte...
SoftBank to invest €75 billion in 5 GW French AI centresSoftBank Group is set to invest up to $87 billion in France to build 5 gigawatts of AI data center capacity, aiming to establish the countr...
SoftBank to spend $87.5 billion on AI centres in France: SonJapanese tech investor SoftBank will spend 75 billion euros ($87.5 billion) on artificial intelligence infrastructure in France, its founde...
Nvidia may lead AI startup Simplismart’s $20 million fundraise at $100 million valuationChipmaking giant Nvidia is reportedly in advanced talks to lead a $20 million funding round for Simplismart, valuing the AI infrastructure ...
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...
SoftBank plans to list AI and robotics firm Roze in US, FT reportsSoftBank Group is set to make waves in the U.S. technology landscape with its groundbreaking AI and robotics initiative, Roze. With an eye ...
Musk–Altman trial opens: Revisiting OpenAI’s shift from nonprofit to for-profitA major legal battle begins Tuesday in Oakland. Elon Musk is suing Sam Altman and OpenAI. Musk claims OpenAI abandoned its nonprofit roots ...
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...
Former OpenAI Stargate leaders plan to join Meta PlatformsThree key players in OpenAI’s massive effort to set up hundreds of billions of dollars’ worth of artificial intelligence data center capaci...
From OpenAI to Nvidia, tech firms channel billions into AI infrastructure as demand boomsTech giants are making massive investments in artificial intelligence. CoreWeave and Meta have expanded their cloud capacity agreement to $...
Microsoft to invest $10 billion in Japan for AI and cyber defence expansionMicrosoft will invest ten billion dollars in Japan from 2026 to 2029. This investment will expand artificial intelligence infrastructure an...
Foxconn chairman says collaboration with Softbank in Ohio is part of Stargate projectFoxconn chairman Young Liu confirmed the company’s partnership with SoftBank in Ohio is linked to OpenAI’s Stargate project. He stated that...
SoftBank buys Foxconn's Ohio plant to jumpstart Stargate AI push: ReportSoftBank Group is reportedly acquiring Foxconn’s Ohio EV plant to kickstart its $500 billion Stargate data center project with OpenAI and O...
Exclusive: SoftBank eyeing buyout deals in India to push AI-led IT, BPO operationsSoftBank is considering acquiring Indian IT and BPO firms to integrate AI, moving beyond its traditional investment approach. It aims to en...
SoftBank poised to invest $40 billion in OpenAI, valuing AI giant at $260 billion; how will it fuel Trump’s 'Stargate' initiative and the future of AI?SoftBank is preparing to invest $40 billion in OpenAI, valuing the artificial intelligence company at $260 billion, according to sources. T...
Elon Musk reacts to SoftBank-OpenAI’s $500 billion AI project, says ‘they don’t have the money’Elon Musk criticises OpenAI and SoftBank's $500 billion Stargate Project for AI infrastructure, doubting their financial capabilities. The ...
Elon Musk raises concerns over $500 billion Stargate Project backed by Donald TrumpElon Musk has expressed doubts about the financial feasibility of the $500 billion Stargate AI Project announced by President Donald Trump....