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GOVERNMENT SPENDING ON AI
ET Alpha Wealth Summit Masterclass | India scores 6-7/10 on growth durability, but the real problem runs deeper, says Nomura's Aurodeep Nandi- US markets plunge: Dow Jones, S&P 500 and Nasdaq crash as Trump’s Iran threat sparks a risk-off market selloff, pushing the U.S. dollar higher and oil prices sharply upward
- World markets walk a tightrope between AI stocks and oil shocks
- 'The Donald of Dubai': UAE billionaire close to Trump bets $66 billion on AI to become the world's data kingUAE real estate magnate Hussain Sajwani is investing billions in data centers to capitalize on the AI boom, aiming for global leadership. H...11 Jun, 2026, 12.51 AM IST
- Meta-Reliance AI hub; SAP CEO on India's AI edgeMeta has tapped Reliance for India AI data centre. This and more in today's ETtech Top 5.10 Jun, 2026, 08.17 PM IST
- China's factory inflation hits 3-year high as energy costs surgeChina's producer inflation rose to a near three-year high of 3.9% in May, driven by higher energy costs and AI-related demand, while consum...10 Jun, 2026, 10.15 AM IST
- India can take the lead in applying AI in industries: SAP CEO Christian KleinSAP CEO Christian Klein believes India can lead in applying AI to industries like manufacturing and finance, rather than just replicating l...10 Jun, 2026, 08.52 AM IST
- Anthropic releases Fable 5, first public model from Mythos familyAnthropic, maker of the Claude artificial intelligence (AI) models, on Tuesday made the most powerful version of its technology available t...10 Jun, 2026, 01.36 AM IST
- CoreWeave founders have dumped $2.3 billion in stock since IPOCoreWeave executives and a major investor have sold over $7.8 billion in stock since the company's March 2025 IPO. Despite this, CoreWeave'...09 Jun, 2026, 09.59 PM IST
- China prepares $295 billion plan to fund nationwide AI buildout: ReportNational Development and Reform Commission is among key government agencies drafting a blueprint to build a network of inter-connected co...09 Jun, 2026, 03.20 PM IST
- SpaceX IPO: Great business, wrong price? Why Aswath Damodaran is skipping Musk’s mega offeringDespite the excitement surrounding SpaceX’s highly anticipated IPO, valuation expert and NYU professor Aswath Damodaran plans to stay away ...09 Jun, 2026, 12.14 PM IST
- Q4 FY26 earnings: Metal companies lead growth, backed by robust volumes and favourable pricing trendsET Wealth presents an 8-quarter earnings assessment report of various sectors. The year-on-year net profit growth for 18 sectors is present...08 Jun, 2026, 11.30 AM IST
- Donald Trump, Bernie Sanders and Sam Altman are all talking about public ownership in AITrump has embraced government investment in private companies in his second term, scrambling his party's politics. His administration last ...06 Jun, 2026, 11.24 AM IST
- India-US trade deal "75 years overdue"; proposed 12.5% tariff part of talks: USIBC's Atul KeshapUS-India Business Council President Atul Keshap believes a trade deal is close. He notes ongoing talks and a US tariff proposal are part of...06 Jun, 2026, 09.06 AM IST
- New York state legislature passes one-year data center moratoriumNew York's state legislature passed a bill Thursday night that would prevent permits from being issued for the construction of new data cen...05 Jun, 2026, 09.10 AM IST
- Firms on AI spending spree: US tech companies cut most jobs in nearly 2 yearsThe tech sector said last month it planned to eliminate 38,242 positions, the most since August 2024, according to data from outplacement f...05 Jun, 2026, 12.15 AM IST
- TSMC boss upbeat on outlook as AI boom shows no sign of easingChief Executive C.C. Wei, speaking at TSMC's annual shareholders' meeting in the northern Taiwanese city of Hsinchu, added that its custome...04 Jun, 2026, 09.02 AM IST
- 'Doctors have BMWs, Audis': IIT engineer, who got laid off by a American big tech company, says MBBS is the only AI-proof career left in India; doctors fire backAn IIT graduate's claim that medicine is India's safest career is sparking debate. He argues AI and tech layoffs make doctor jobs more secu...03 Jun, 2026, 11.21 PM IST
- AI-proof career in India? IIT engineer says this profession can earn lakhs a month and remains AI-resistantAn IIT graduate's Reddit post ignited a discussion on career stability. He argued that medicine offers more security than engineering, citi...03 Jun, 2026, 09.23 PM IST
- Company racks up $500M Claude AI bill in one month after putting no usage limits on employee licensesA firm's unchecked AI spending led to a staggering $500 million bill in a single month due to unlimited employee licenses for platforms lik...30 May, 2026, 03.59 PM IST
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