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Swiggy’s shareholder setback; Walmart’s Flipkart pushHappy Friday! Swiggy’s move to become an Indian-owned company hit a setback after the shareholder vote fell short. This and more in today’s...
Govt’s new ‘law-to-code’ push; UpGrad’s $1.7 billion valuationHappy Wednesday! The government plans to translate legal provisions into software code that enforces compliance by design. This and more in...
AI spooks IT valuations; Groww promoters cut stakeAI has pushed valuations of India’s top IT firms to 2008-09 levels. This and more in today’s ETtech Top 5.
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...
Uber CEO on Travis Kalanick; Micron’s warning to IndiaDara Khosrowshahi told ET in an interaction that Uber is open to collaborating with founder Travis Kalanick. This and more in today’s ETtec...
Elon Musk’s xAI promised staff $420 for their tax returns, hasn’t paidElon Musk's xAI offered employees a $420 payment for their tax returns to train its Grok chatbot. Two months later, these promised payments...
US Stock Market IPO in 2026: SpaceX, Anthropic, OpenAI, Inspire Brands, Discord. Check filing details, price, valuationsIPOs in 2026: SpaceX, Anthropic, OpenAI, Inspire Brands, Discord will head for IPOs as consumer Initial Public Offerings market in the Wall...
Anthropic, Gates Foundation launch $200 million partnership for AI in health, educationAnthropic and the Gates Foundation have teamed up to allocate $200 million over the span of four years, with the goal of advancing artifici...
Ex-Peak XV trio raises Mettle; Fintechs go licence huntingHappy Thursday! Three former Peak XV MDs, who abruptly left the VC firm, are launching Mettle Capital to back Indian startups. This and mor...
Uber's India data centre bet; Cyber cover meets AI riskUber will establish its first data centre in India with the Adani Group. This and more in today’s ETtech Top 5.
Japan plans giant 11,000-km solar ring around the Moon to send limitless energy to Earth; how futuristic project would workJapan's Shimizu Corporation proposes a colossal "Lunar Solar Ring" encircling the Moon to beam clean energy to Earth. This ambitious concep...
Kimi chatbot maker Moonshot AI valued at $20 billion in Meituan-led roundMoonshot AI has secured approximately $2 billion in its latest funding round, propelling its valuation to over $20 billion. This significan...
OpenAI finalises $10 billion joint venture with PE firms to deploy AIOpenAI has launched a new venture, The Deployment Company. It has secured over $4 billion from 19 investors. This company will focus on hel...
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: OpenAI growth concerns spark broad selloff in AI-linked stocksA broad selloff swept across artificial intelligence–linked stocks after a report indicated that OpenAI failed to meet key sales and user g...
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...
Musk–Altman trial opens: Revisiting OpenAI’s shift from nonprofit to for-profitA major legal battle begins Tuesday in Oakland. Elon Musk is suing Sam Altman and OpenAI. Musk claims OpenAI abandoned its nonprofit roots ...