US remains global leader in AI, but China rapidly closing gap with cheaper models: JP MorganThe United States stands at the forefront of AI development, yet China is swiftly closing the gap with cost-efficient AI systems. Chinese c...
24 Jun, 2026, 10.54 AM IST
Zuckerberg bets on Kunal Shah for WhatsApp’s aggressive financial services, AI pushMeta's WhatsApp is set for a major financial services and AI push with Kunal Shah at the helm. This move aims to leverage AI agents and the...
24 Jun, 2026, 09.46 AM IST
AI stocks are in a 'blowoff top' phase but the game isn't over yet: Jonathan SchiesslGlobal tech and AI stocks are undergoing a necessary correction, not a collapse, according to Westminster Asset Management's Jonathan Schie...
23 Jun, 2026, 05.21 PM IST
A new bunch of AI spin-offs ripe for the pickingIndian tech unicorns are transforming their internal AI tools into independent businesses, mirroring successes like Amazon Web Services and...
23 Jun, 2026, 02.02 PM IST
As AI adoption grows, token consumption comes under close scrutinyBusinesses are facing hefty AI bills, prompting a shift from simply counting AI tokens to scrutinising their actual value. Companies are no...
23 Jun, 2026, 01.53 PM IST
IBM partners with OpenAI on enterprise security AIIBM joined the OpenAI Daybreak Cyber Partner Program and is collaborating with the startup to integrate protective AI tools directly into b...
23 Jun, 2026, 01.21 PM IST
US curbs on AI spur European firms to spread the riskEuropean companies are diversifying AI providers due to US access limits, highlighting a need for domestic alternatives. Major firms like S...
22 Jun, 2026, 11.59 PM IST
After cloud spending, IT companies see 'token maxxing' as AI's next cost challengeIT firms are flagging a new AI challenge: 'token maxxing,' where companies prioritize AI usage metrics over actual business results. This t...
22 Jun, 2026, 06.06 PM IST
US curbs on AI spur European firms to spread the riskEuropean firms are diversifying AI providers due to U.S. access limits, highlighting a need for domestic alternatives. Companies like Sieme...
22 Jun, 2026, 05.14 PM IST
AI adoption gains momentum, returns emerge but infra lags: Industry executivesIndian businesses are increasingly embedding AI, transforming operations and yielding measurable returns. However, legacy infrastructure, s...
22 Jun, 2026, 04.54 PM IST
Forget chatbots, Ambani's Reliance wants to own India's entire AI economyReliance Industries is charting a unique AI strategy, aiming to democratise artificial intelligence in India by focusing on affordability a...
19 Jun, 2026, 08.02 PM IST
Microsoft makes big AI inroads in China by selling OpenAI modelsMicrosoft is significantly growing its AI business in China, with ByteDance reportedly spending over $1 billion annually on its cloud and A...
18 Jun, 2026, 10.07 AM IST
AI startup Genspark valued at $2.6 billion in latest funding roundGenspark.ai secured $100 million in funding, valuing the company at $2.6 billion. This investment underscores strong investor confidence in...
17 Jun, 2026, 08.22 PM IST
Wipro shares in focus after unveiling Anthropic-powered AI hub in BengaluruWipro has launched an Applied AI Center of Excellence in Bengaluru focused on Anthropic’s Claude models to scale enterprise AI adoption. Th...
17 Jun, 2026, 08.48 AM IST
Inside Cursor's journey to a $60 billion deal with Elon Musk’s SpaceXSpaceX has acquired AI coding assistant Cursor for $60 billion in an all-stock deal, significantly bolstering its AI ambitions. This move p...
17 Jun, 2026, 06.00 AM IST
ETtech interview: AI is a capital game; our fundraise is large for India but quite small in the global context: Sarvam cofoundersIn an interview with ET, Sarvam cofounder Pratyush Kumar said Sarvam — which counts HCLTech, Bessemer Venture Partners, Peak XV, Khosla Ven...
16 Jun, 2026, 09.17 PM IST
Tokenomics 2.0: The battle against AI costsStaggering token spending is forcing Indian firms to explore ways to rein in AI cost. This is where open-source models, small language mode...
16 Jun, 2026, 06.00 AM IST