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Gig workers' incentives cool; YC attendees resell AI creditsHappy Tuesday! Despite a shortage of delivery workers, payouts for gig riders have increased only slightly this summer. This and more in to...- Flipkart puts IPO on ice; Rapido's $240 million raiseFlipkart has hit pause on its IPO in a jittery market. This and more in today's ETtech Top 5.
- OpenAI to cap Microsoft revenue-sharing at $38 billion: ReportOpenAI and Microsoft have reportedly agreed to cap revenue-sharing payments at $38 billion, a move that could strengthen OpenAI's investor ...
- Microsoft's African data center falters on payment demands, Bloomberg News reportsMicrosoft's planned data center in Kenya faces delays. Disagreements with the Kenyan government over guaranteed payments have stalled the p...
- Microsoft may shelve 2030 clean energy target as AI lifts power use: Bloomberg NewsMicrosoft may miss its 2030 renewable energy target. The company faces challenges with its ambitious climate goals. Building new data cente...
- Anthropic commits to spending $200 billion on Google's cloud and chips: ReportAI startup Anthropic will spend a massive $200 billion with Google Cloud over five years. This deal significantly boosts Google's revenue b...
- Is the AI boom eating its own tail? The strange economics of billion-dollar dealsTech giants like Google and Amazon are investing billions in AI rivals like Anthropic, creating a 'Circular Capitalism' loop. Companies fun...
- US stock market today hits new records as Nasdaq crossed 25,000 for the very first time: Dow Jones, S&P 500 and Nasdaq surge as Wall Street begins May with massive rally - Apple leads gainsUS stock market today opens May with rare strength. Momentum feels real, not forced. The Dow Jones Industrial Average climbs near 49,815. T...
- Amazon CEO on Now growth; Big Tech dials up AI spendIn India’s hypercompetitive quick commerce space, Amazon CEO Andy Jassy said Now is growing fast. This and more in today’s ETtech Top 5.
- Meta falls behind as Alphabet, Amazon outpace Facebook-parent in AI shift during earningsTech giants, including Google-parent Alphabet, Amazon, Microsoft, and Meta, announced their quarterly earnings on Wednesday, with the Faceb...
- US stocks today: Microsoft cloud revenue accelerates as spending growth coolsMicrosoft's cloud revenue saw a jump in the March quarter. Spending on infrastructure was lower than anticipated. This performance aims to ...
- Big tech’s $16 trillion earnings week begins: Alphabet, Amazon, Meta, Microsoft report today and Apple tomorrow – here's what investors are watchingAlphabet, Amazon, Meta, Microsoft earnings today: Wall Street watches big tech earnings this week. Investors seek clues on AI spending and ...
- OpenAI breaks off Microsoft exclusivity, Amazon CEO says OpenAI models coming to AWS soonMicrosoft's exclusive hold on OpenAI's artificial intelligence models is over. This change allows OpenAI to offer its technology to competi...
- Did Microsoft lose its AI edge? What changed in the Microsoft OpenAI deal— and why Microsoft stock fell while Amazon stock surged?What changed in the Microsoft OpenAI deal? Microsoft stock fell 2–3% after the Microsoft OpenAI deal ended exclusivity, shaking the AI mark...
- Azure outage latest update: Azure services restored? What went wrong hours before Microsoft's Q3 results announcement and how was it fixedMicrosoft's Azure services restored: Microsoft's Azure services have been restored after a massive outage on Wednesday, impacting millions ...
- Microsoft drops the hammer: 4 workers fired after bold headquarters sit-in protestMicrosoft fired four employees after a protest at its Redmond headquarters. The workers had broken into executive offices to demand the com...
- Axel Springer to migrate some cloud applications to Microsoft's AzureAxel Springer partners with Microsoft Azure for AI migration, expanding with AI chat experience. Monetizes through Microsoft Advertising. B...
- Microsoft will add OpenAI’s ChatGPT to its cloud offering Azure: CEO Satya NadellaMicrosoft CEO Satya Nadella announced on Monday that ChatGPT is coming soon to the Azure OpenAI Service - the firm’s cloud business.
- Moody's upgrades its ratings for Azure Energy and Azure Solar following CDPQ's majority stake investmentThe earlier ratings for Energy was Ba3, while for Solar was Ba2. Both are part of Azure Power Global Limited (APGL).
- Subex Azure to acquire Canadian co for USD164.5mJust seven months after completing the biggest overseas acquisition in the Indian IT industry, Bangalore-based Subex Azure is now making ne...
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