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US Federal Reserve keeps interest rates unchanged, projects one rate hike for 2026The Federal Reserve held interest rates steady at 3.5%-3.75% in Kevin Warsh's first meeting, with policymakers signaling potential rate hik...- US stocks: Nasdaq, S&P fall over 1% as Fed holds rates; traders raise hike betsUS stocks tumbled Wednesday as traders anticipated a Federal Reserve rate hike, with policymakers projecting rising interest rates later th...
- France's OVHcloud plans frontier AI models to become Europe's second LLM playerOVHcloud aims to build advanced AI models. This move positions the European cloud provider as a competitor to Mistral. The company seeks to...
- Trump says negotiations with Anthropic are 'going fine'US President Donald Trump stated that talks with artificial intelligence firm Anthropic are progressing well. This follows a meeting with A...
- InCred Capital expands global footprint with launch of US operations; appoints Arunava Das as CEO, North AmericaInCred Capital, the institutional, wealth and asset management arm of InCred Group, announced the launch of its US operations with the open...
- Robinhood Layoffs 2026: US fintech company lays off 10% of its workforce, CEO says "business has never been stronger"Robinhood Layoffs: Financial services firm Robinhood is laying off approximately 290 employees, about 10% of its workforce, as part of a re...
- Companies need flexibility, choice as AI becomes a geopolitical issueIndia is one of the fastest growing markets for Databricks, and last year the firm announced a $250 million investment in India to ramp up ...
- FIFA 2026: Hotel boom fails to kick off as overseas demand hit by migration rules, ticket prices, airfaresIndian-origin hoteliers in the US report subdued international interest for the football World Cup, citing stricter immigration policies, h...
- BigBasket founder's exit; Pocket FM’s reverse flipAmazon veteran Amit Nanda, currently director of selling partner services, now takes over as CEO.
- Goldman Sachs shatters dealmaking records with $1 trillion in first-half M&A volumeGoldman Sachs achieved a record pace in 2026, managing over one trillion dollars in announced mergers and acquisitions. This success follow...
- Self-driving tech supplier Mobileye plans US robotaxi service next yearMobileye will launch its own robotaxi service in the United States next year. The company plans to deploy about 100 robotaxis in a major US...
- Hari Menon exits BigBasket; Sarvam cofounder on fresh fundingBigBasket's longtime leader Hari Menon has stepped down as CEO. This and more in today's ETtech Top 5.
- AI in Hungary could unlock productivity gains of €15 billion: McKinseyMcKinsey projects AI could boost Hungary's productivity by €15 billion by 2030, helping close the gap with European neighbours. However, la...
- Inox Wind inks MoU with Inox Clean to supply 1,500 MW wind turbinesInox Wind Limited has entered into an initial agreement with Inox Clean Energy. This pact will see Inox Wind supply 1,500 megawatts of wind...
- Highly dangerous plutonium offers no quick fix to US nuclear fuel crunchAmerica is exploring turning surplus plutonium into nuclear fuel for new reactors. This move aims to meet rising power demands, particularl...
- US: Student protestors walk out during Stanford commencement speech by Google CEO PichaiStudents protested during Sundar Pichai's commencement speech at Stanford University. Anti-zionist groups organized a walkout. They cited G...
- Amazon voiced concerns about Anthropic AI models before US crackdown, source saysThe US government ordered AI firm Anthropic to halt its advanced AI models worldwide. This action followed concerns about potential misuse ...
- VCs turn the screws; Ex-Paisabazaar CEO’s new betHappy Friday! Investors are rewriting the rules of engagement with founders after governance blowups. This and more in today’s ETtech Morni...
- Nvidia hires veteran lobbyist Bruce Andrews to head government affairsAndrews' move to the world's largest company comes as Nvidia attempts to ensure its continued influence in Washington and as its ties to ...
- Bosch CEO notes rising memory chip prices but says bottlenecks not an issue"In the coming years, we will likely have to expect significantly higher memory chip prices, and that will affect all of us," CEO Stefan ...
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