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China’s Moonshot AI seeks $30 billion value in new funding talksThe developer of the Kimi chatbot has held early talks with prospective investors to raise more than $1 billion, people familiar with the m...
Charting the global economy: Jobs, inflation feed rate-hike betsStrong hiring across sectors and expanding manufacturing activity signal labor market strength, while upcoming US price data and ECB decisi...
Explained: Why Indian stock market has fallen prey to South Korea, Taiwan’s AI prowessSouth Korea's stock market has surged past India's, becoming the world's sixth-largest, driven by its semiconductor giants' AI boom. India ...
OpenAI has discussed adding Citigroup, JPMorgan to bank lineup for IPOOpenAI filling out its roster of underwriters would bring it a step closer to an IPO, which could come later this year. A confidential IPO ...
Anthropic eclipses OpenAI with valuation of $965 billionAnthropic PBC has raised funding at a $965 billion valuation, overtaking rival OpenAI for the first time. The round was led by Altimeter Ca...
First Taiwan, then South Korea? How global AI supercycle is demoting Indian stock marketA global AI-led market shift is driving massive foreign capital outflows from India toward East Asia’s technology hubs, with overseas inves...
US Stock Market: SpaceX, OpenAI IPO excitement revives debate over lofty valuationsA Reuters analysis of the 50 largest IPOs over the past five years found that most underperformed the S&P 500 despite strong debut enthusia...
SpaceX IPO filing lays bare losses and Musk control as it stakes future on AIElon Musk plans to take SpaceX public with a valuation of nearly $1.75 trillion. This ambitious figure is drawing scrutiny from Wall Street...
Anthropic nears first quarterly profit, agrees to pay SpaceX $1.25 billion monthly for computing powerAI firm Anthropic is set to achieve its first quarterly operating profit. Sales are projected to double in the June quarter, reaching at le...
SpaceX IPO filing lays bare losses and Elon Musk control as it stakes future on AISpaceX has filed for its IPO, revealing substantial losses in its artificial intelligence division. The company's future hinges on unproven...
Bound for Mars, Elon Musk's SpaceX unveils filing for blockbuster IPOSpaceX has filed for its initial public offering. The company aims for a trillion-dollar market debut. This listing could set a precedent f...
Infosys, OFSS, TechM, other IT stocks gain up to 3% despite weak market sentiment. Here's whyIT stocks such as Infosys and Oracle Financial Services Software gained, while LTIMindtree, Coforge, Tech Mahindra, Mphasis and Persistent ...
Cloudflare shares plunge 18% after earnings report as AI-driven layoffs rattle investorsCloudflare's stock dropped 18% after reporting strong Q1 2026 earnings, as the company announced plans to cut over 1,100 jobs, about 20% of...
Elon Musk's SpaceX spends $15 billion in developing next-generation Starship rocket. When will it launch, check featuresSpaceX's $15 billion figure, which has not been previously reported, eclipses the roughly $400 million SpaceX spent developing Falcon 9, th...
SpaceX spending on Starship tops $15 billion in rush for airline-like rocketrySpaceX has poured over $15 billion into its Starship rocket. This next-generation system is key for launching more Starlink satellites and ...
Meta shares fall on concerns over AI spending, legal scrutinyMeta Platforms is significantly increasing its investment in artificial intelligence infrastructure. This comes as the social media giant f...
Reliance Industries to set up India’s largest data centre cluster in Andhra PradeshRIL is set to invest ₹1.6 lakh cr (over $17 bn) to develop a 1.5 GW AI-focused data centre cluster along with a captive solar and battery s...
Intel stock surges 24% as AI-driven CPU demand fuels turnaroundIntel’s shares surged over 24% after strong AI-driven demand for its CPUs led to better-than-expected results, even prompting sales of prev...
Intel share price: IT giant stocks predicted to surpass dot-com era peak in 2000, company's market value may hit over $420 billionNvidia, the graphics chip giant that has dominated the AI boom, has also sensed the shift and braced for greater competition. Rival AMD and...
SpaceX conquered the stars, now eyes bigger opportunity in AISpaceX estimates that its total addressable market - a closely watched metric - could be as much as $28.5 trillion, according to a S-1 fili...