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The conviction in India continues to be very high: Citi's Achintya ManglaIndia is a significant market for Citi, with growth expected in AI, energy, and data-center infrastructure. Foreign investors are currently...- Anthropic pursues data center leases, seeks financial backing from GoogleAI firm Anthropic is planning to lease and manage its own data centers. The company is seeking financial backing from Alphabet's Google for...
- Anthropic announces 'Claude Corps' to teach nonprofits to use AI more effectivelyAI company Anthropic is launching a new program called Claude Corps. This initiative will place 1,000 fellows with non-profit organizations...
- Infosys, HCL Tech, other IT stocks tumble up to 3%. What's spooking investors?Indian IT stocks, led by Infosys, HCLTech and LTIMindtree, fell up to 3% as hotter-than-expected US inflation fuelled concerns over prolong...
- Anthropic urges US not to block state AI laws without setting federal standardsUS President Donald Trump has urged Congress to enact legislation that would supersede state rules on AI. Anthropic on Wednesday weighed ...
- OpenAI expects to go public within the next year: ReportOpenAI, the maker of ChatGPT, is preparing for a stock market debut. CEO Sam Altman has indicated a public offering could happen within the...
- Trump says he thinks AI companies will agree to 'giving back' to the publicPresident Trump plans to meet with top AI executives soon. He expects them to agree to 'give back' to the public. This could involve the go...
- OpenAI expects to go public 'within the next year,' the Information reportsOpenAI CEO Sam Altman indicated an IPO within the next year, with the company having recently filed confidentially. While a timeline remain...
- OpenAI joins rival Anthropic in race to Wall StreetOpenAI did not disclose the size or terms of the offering, and said a timeline has not yet been determined. "It may be a while because ther...
- South Korea's SK Hynix eyes US listing as soon as August, sources sayThe US Securities and Exchange Commission is likely to approve SK Hynix's American depositary receipt listing application during the week...
- India can take the lead in applying AI in industries: SAP CEO Christian KleinSAP CEO Christian Klein believes India can lead in applying AI to industries like manufacturing and finance, rather than just replicating l...
- Elon Musk's xAI, SpaceX hit with class action over data center 'nuisance'The lawsuit, made public on Tuesday in federal court in Oxford, Mississippi, claims Musk's companies negligently failed to curb the distu...
- Why IPO valuations, SpaceX’s included, may not conclusively capture the current state of AI playThe AI IPO season is here with SpaceX, Anthropic, and OpenAI preparing for huge listings. These companies are seeking public funds to cover...
- China prepares $295 billion plan to fund nationwide AI buildout: ReportNational Development and Reform Commission is among key government agencies drafting a blueprint to build a network of inter-connected co...
- OpenAI files for US IPO after Anthropic as AI giants head to public marketsAI giant OpenAI has confidentially filed for a US initial public offering. This move follows rival Anthropic's similar filing. Investors ar...
- Donald Trump says his team will 'look into' US taking stake in AI companiesDigital news outlet NOTUS reported on Thursday that senior U.S. officials held preliminary discussions with AI companies about the potentia...
- AI boom meets reality check: Why chip stocks tumbled after Broadcom's resultsChip stocks tumbled despite robust AI demand as Broadcom's earnings, while strong, failed to exceed lofty market expectations for future gr...
- US House lawmakers release draft bill to regulate AIUS Representatives Lori Trahan, a Democrat, and Jay Obernolte, a Republican, released draft legislation to regulate AI, according to a ...
- Trump control for US-style regulationAmerica is now testing AI models before companies release them. This move aims to secure the nation's lead in artificial intelligence. Othe...
- Trump signs AI order after earlier postponementPresident Donald Trump has rolled out a new initiative for AI firms, allowing entities such as OpenAI and Google to present their most soph...
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