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Meta announces $9.17 billion Canada AI data center that will consume electricity equal to 800,000 homesMeta will invest C$13 billion to build its first Canadian AI data center in Alberta. This massive facility will require electricity equival...
Meta appeals verdict in social media addiction lawsuitMeta has appealed a landmark social media addiction lawsuit verdict in Los Angeles. The company challenges the jury's determination that it...
Mark Zuckerberg’s Muse Spark post on X triggers debate, draws Elon Musk inMeta CEO Mark Zuckerberg returned to X after three years to announce Muse Spark 1.1. This AI model is designed for coding, reasoning, and a...
Who is Rishabh Agrawal? IIT Bombay graduate who turned down ₹9.5 crore Meta offer to build his own AI startupRishabh Agrawal, an IIT Bombay alumnus, has clarified reports about his departure from Meta. He stated the offer was higher than reported, ...
Meta debuts Muse Spark 1.1 with preview open to developersThe social media giant touted Muse Spark 1.1 as its most capable model for real-world coding and agentic tasks, part of a broader mission ...
TCS Q1 profit rises; Nandan Nilekani's biggest VC betTCS kicked off FY27 with growth in revenue and profit. This and more in today's ETtech Top 5.
Govt to decide on action against Meta after response to Instagram child abuse ads notice: IT SecretaryIndia's IT Ministry awaits Meta's formal response to a notice regarding child exploitation ads. Meta published a blog detailing its efforts...
US Stock Market: Meta unveils C$13 billion AI data centre in Canada; stock in focusMeta Platforms will invest C$13 billion in its first Canadian data centre. This facility in Sturgeon County, Alberta, will support artifici...
India's richer middle class is living a more dollar-linked life while earning in rupeesDollar spending India: The country's expanding middle class now spends more on foreign goods and services. International travel and oversea...
Meta to build C$13 billion Alberta data center, its first in CanadaMeta has doubled down on AI, pledging hundreds of billions of dollars to build large AI data centers in the U.S. The Alberta announcement r...
FCNR-B flows taper as higher costs trip math for double-digit returnsIndian banks are experiencing a slowdown in special foreign currency deposit collection. Rising overseas borrowing costs are impacting bank...
Zostel hits Oyo IPO filings; PhonePe’s new CTOZostel asked Sebi to review Oyo’s IPO filings, escalating their dispute over the Zo Rooms acquisition. This and more in today's ETtech Top ...
Meta removed four million accounts, 36 million posts over child exploitationAddressing the controversy directly for the first time, Meta said it had already begun taking action before the issue was flagged publicly.
Meta says aggressively working to combat child exploitation on appsMeta detailed its AI-powered efforts to fight child exploitation across its platforms. The company stated it is investing more resources to...
Amazon aims to raise $25 billion from bond sale, Bloomberg News reportsAmazon is set to secure a minimum of twenty-five billion dollars through a U.S. bond initiative. This strategic decision is aimed at bolste...
Amazon aims to raise $25 billion from bond sale, Bloomberg News reportsAmazon plans to raise at least twenty-five billion dollars through a new bond sale. This move aims to fund the company's significant invest...
India objection to WhatsApp username switch gets Somalia backingIn a notable reaction, Somalia stands alongside India in opposing WhatsApp’s latest username feature. This initiative raises alarms about p...
Rewards company Onpoint raises $600,000 from First Cheque, Whiteboard, othersConsumer rewards company Onpoint secured six hundred thousand dollars in new funding. This capital will fuel expansion of its loyalty platf...
View: Meta's cloud play will spice up Ambani-Adani rivalryMeta Platforms is leasing its excess AI compute capacity to enterprise clients. This move will reshape the rivalry between Indian tycoons M...
How protective is a username shield?WhatsApp's proposed usernames are seen as a weak privacy enhancement, potentially aiding bad actors and clashing with Indian law enforcemen...