Cred’s Kunal Shah is WhatsApp’s new CEOCred founder Kunal Shah will join WhatsApp as its global head after Meta announced a nearly $900 million investment in the fintech firm. Th...
22 Jun, 2026, 08.03 PM IST
SK Hynix overtakes Samsung to become South Korea's most valuable companySK Hynix has surged past Samsung Electronics to become South Korea's most valuable company, driven by its dominance in high-bandwidth memor...
22 Jun, 2026, 11.24 AM IST
TCS, Infosys, Wipro, other IT stocks crash up to 8% as Accenture lowers FY26 guidanceIndian IT stocks, including TCS and Infosys, tumbled up to 8% after Accenture lowered its annual revenue growth forecast, signaling continu...
19 Jun, 2026, 11.59 AM IST
IndAI sovereignty, a fable: Frontier AI is now a geopolitical tool — India must leverage its market accessibilityIndia faces a critical juncture as powerful AI models are restricted by the US. This move impacts the security of India's digital infrastru...
18 Jun, 2026, 11.53 PM IST
Infosys ADRs crash over 8%, Wipro falls 6% after Accenture cuts annual revenue forecastInfosys and Wipro ADRs plunged following Accenture’s reduced FY26 revenue forecast. This downgrade highlights enterprise caution regarding ...
18 Jun, 2026, 07.49 PM IST
SpaceX heads toward fourth day of gains since record IPOSpaceX shares are rising for a fourth day, solidifying its position as a global giant. The company has surpassed Amazon in market value, be...
17 Jun, 2026, 02.54 PM IST
HCLTech bets big on sovereign AI with strategic investment in Sarvam AIHCLTech strategically invested $1.5 billion in Indian AI startup Sarvam AI, acquiring a 10.5% stake. This partnership aims to address enter...
17 Jun, 2026, 11.49 AM IST
Inside Cursor's journey to a $60 billion deal with Elon Musk’s SpaceXSpaceX has acquired AI coding assistant Cursor for $60 billion in an all-stock deal, significantly bolstering its AI ambitions. This move p...
17 Jun, 2026, 06.00 AM IST
US stocks: Nasdaq and S&P 500 slip while Dow hits record high ahead of Fed rate decisionTechnology stocks pressured the Nasdaq and S&P 500 lower on Tuesday, while the Dow Jones Industrial Average achieved its second consecutive...
17 Jun, 2026, 01.41 AM IST
Can Elon Musk's xAI challenge Anthropic after SpaceX's $60 billion Cursor AI acquisition from Anysphere?SpaceX has agreed to acquire Cursor AI parent Anysphere for $60 billion in an all-stock deal, days after SpaceX's blockbuster Nasdaq debut....
16 Jun, 2026, 08.15 PM IST
AI replaces Paul the Octopus for 2026 World Cup tipsChatGPT and Claude are betting on Spain. Another news site, Decrypt, received similar results from western chatbots like ChatGPT and Anthro...
12 Jun, 2026, 06.01 PM IST
Fable 5's cost challenge; Opendoor's India exitAnthropic's Fable 5 could rewrite how IT works, but the price tag and performance quirks raise hard questions. This and more in today’s ETt...
11 Jun, 2026, 10.11 PM IST
US stocks: Oracle shares tumbles 12% as hefty AI spending, debt plans spook investorsOracle faced a sharp decline in stock prices on Thursday, triggering alarms among investors who are anxious about the company’s escalating ...
11 Jun, 2026, 08.17 PM IST
Anthropic vs OpenAI: Behind the bitter battle for the future of AIThe fierce competition between Anthropic and OpenAI is accelerating AI advancements and driving a race towards blockbuster IPOs. This rival...
11 Jun, 2026, 03.52 PM IST
Oracle's AI spending blows past estimates, raising worries over growing debtOracle, which has major deals to build data centers for customers such as Meta Platforms and OpenAI, is working to position itself as a ma...
11 Jun, 2026, 08.04 AM IST
Global AI debt issuance to top $500 billion in 2026: Morgan StanleyTech companies that have long relied on strong cash flows are increasingly turning to debt financing as investment needs surge. Morgan Stan...
10 Jun, 2026, 02.22 PM IST
OpenAI files for US IPO after Anthropic as AI giants head to public marketsAI giant OpenAI has confidentially filed for a US initial public offering. This move follows rival Anthropic's similar filing. Investors ar...
09 Jun, 2026, 06.47 AM IST