Palantir CEO Alex Karp has fiercely criticized the US AI industry, particularly OpenAI and Anthropic, for their token-based pricing and 'ov...

The sale is part of Meta’s $900 million investment in Cred, which valued the Kunal Shah-founded company at about $4 billion. The transactio...

Legendary investor Warren Buffett once dubbed Michael Burry, famous for predicting the 2008 housing crisis, as 'Cassandra' for his accurate...

Equity-focused hedge funds delivered impressive double-digit returns in the first half of the year, outperforming by navigating complex mar...

Yotta Data Services is reportedly seeking $1 billion from global and domestic funds, aiming to sell a 25-30% stake at a $3 billion valuatio...

AWS and Microsoft want to embed thousands of their own engineers at client companies to help them capitalize on artificial intelligence, wh...

Creditors have dragged B2B ecommerce firm Udaan’s parent to Singapore court over a bond default. This and more in today's ETtech Top 5.

Karp's comments were blunt enough on their own, but it was his read on enterprise psychology that resonated with social media. He said comp...

Microsoft has launched a new venture, Microsoft Frontier Company, backed by $2.5 billion, to guide businesses in selecting and integrating ...

Palantir CEO Alex Karp has slammed the token-based pricing of AI giants like OpenAI and Anthropic, arguing businesses are wasting money wit...

AI chip startup OXMIQ, founded by former Intel executive Raja Koduri, has secured $35 million in Series A funding. The company aims to demo...

The charges relate to an investigation of fraud by falsely representing who would be the end-user of servers purchased ⁠from Dell, Super ⁠M...

AI chip challenger Etched has secured a massive $800 million in funding, with backing from industry heavyweights like Jane Street and a fir...

Google parent Alphabet's shares entered the Dow Jones Industrial Average on Monday, in an index reshuffle replacing Verizon Communications,...

Its shares rose 3.7% to $350.24, offering one of the biggest boosts to the 30-member Dow. The company replaced ⁠Verizon ⁠on the index, S&P ...

Jensen Huang, the CEO of computer chip giant Nvidia, was mobbed by onlookers as he hit the streets for the "zhajiangmian" noodles while vis...

Firmus said the deal would see it buy Nvidia infrastructure and sell Nvidia‑powered cloud services to "AI Native" ⁠customers, ⁠among others...