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BigBasket founder's exit; Pocket FM’s reverse flipAmazon veteran Amit Nanda, currently director of selling partner services, now takes over as CEO.- Can Elon Musk's xAI challenge Anthropic after SpaceX's $60 billion Cursor AI acquisition from Anysphere?SpaceX has agreed to acquire Cursor AI parent Anysphere for $60 billion in an all-stock deal, days after SpaceX's blockbuster Nasdaq debut....
- 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...
- 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...
- Nvidia clinches deals with South Korean giants include SK Group to advance AI boomSpeaking to reporters in Seoul, Huang's remarks underscored Nvidia's continued cooperation with SK Hynix, a leading supplier of high-bandwi...
- Revolut weighs secondary share sale at $115 billion valuationAny such deal would allow early investors and employees to sell shares and generate liquidity, said the people, who asked not to be identif...
- SpaceX debut draws a crowd, but few recent hot IPOs outpace the marketWall Street anticipates SpaceX's IPO, but recent data shows many large debuts have lagged the S&P 500. Investors buying at IPO prices have ...
- US to invest $2 billion in IBM, other quantum computing firmsUS government will invest $2 billion in nine quantum computing firms, including IBM’s new chip venture Anderon, to strengthen America’s lea...
- US stocks today: Dow soars 600 pts, Nasdaq 1.5% as chip stocks rally eyeing Nvidia results, Iran peace deal hopesWall Street indexes jumped over 1% led by tech and semiconductor rally ahead of Nvidia earnings. Target fell on weak outlook. Airlines gain...
- Nvidia to announce Q1 earnings tonight. What to expect and why there could be a $350 billion price swingAll eyes are on Nvidia’s April quarter earnings as investors assess whether the AI chip giant can sustain its explosive growth momentum. St...
- Nvidia's outlook will be a test of its strategy to maintain AI dominanceNvidia anticipates strong earnings but faces new competition in AI chips. Demand is shifting to processors that run AI in real-time, a mark...
- Trump leaves Beijing with few wins but warm words for XiWhile Trump searched for immediate business wins, such as a deal to sell Boeing jets that did not impress investors, Xi talked up a long-te...
- Why is Taiwan the elephant in every room between US and China?US President Donald Trump met Chinese President Xi Jinping in Beijing. Taiwan remains the most crucial issue for China. The island's self-g...
- Xi tells Trump that mishandling of Taiwan could spark conflictChinese President Xi Jinping met with US President Donald Trump for trade talks. Xi Jinping stated that trade negotiations were progressing...
- Trump, Xi set for Beijing talks with trade truce, Iran war at stakePresident Donald Trump is in Beijing for crucial talks with China's Xi Jinping. The meetings aim to boost economic ties and maintain a trad...
- US stocks today: Chip stocks lift Nasdaq, S&P to record closing highs; hot inflation kills rate-cut hopesUS stocks advanced with the S&P 500 and Nasdaq hitting record closing highs as AI-linked tech and chip stocks powered gains despite hotter ...
- 'Open for business'? A lot on plate as Trump, Xi meet in BeijingPresident Donald Trump has arrived in Beijing for a significant summit with China's Xi Jinping. He aims to open Chinese markets to American...
- How did Nvidia CEO Jensen Huang join Donald Trump's China trip? Last-minute Air Force One addition sparks memes and global attentionHow did Nvidia CEO Jensen Huang join Donald Trump's China trip? The Nvidia CEO became a last-minute addition to Donald Trump’s delegation t...
- SoftBank profit more than triples to $12 billion on OpenAI stake gainsTechnology investor SoftBank Group reported a net profit of 1.9 trillion yen ($12.05 billion) for the January-March quarter, a significant ...
- Trump-Xi summit: What to expect as US-China ties, Trade, Taiwan and Iran on the agendaTrump-Xi summit: As Presidents Xi Jinping and Donald Trump are gearing up for an important summit, the current stable diplomatic landscape ...
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