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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
- Microsoft makes big AI inroads in China by selling OpenAI modelsMicrosoft is significantly growing its AI business in China, with ByteDance reportedly spending over $1 billion annually on its cloud and A...18 Jun, 2026, 10.07 AM IST
- AI startup Genspark valued at $2.6 billion in latest funding roundGenspark.ai secured $100 million in funding, valuing the company at $2.6 billion. This investment underscores strong investor confidence in...17 Jun, 2026, 08.22 PM IST
- AI executives gather at G7 as Europeans seek checks on American dominanceIn a rare huddle of AI industry figures, leaders of three of the most powerful AI companies -- OpenAI CEO Sam Altman, Google DeepMind CEO D...17 Jun, 2026, 04.45 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
- 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
- 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
- OpenAI joins rival Anthropic in race to Wall StreetOpenAI did not disclose the size or terms of the offering, and said a timeline has not yet been determined. "It may be a while because ther...10 Jun, 2026, 06.21 PM IST
- OpenAI IPO: Date, share price, valuation, timing and all details investors need to knowOpenAI IPO Filing: OpenAI has confidentially filed for an IPO after reaching an $852 billion valuation. Anthropic remains ahead at $965 bil...09 Jun, 2026, 05.52 PM IST
- AI coding startup Cursor, courted by SpaceX, picks London as European hubElon Musk's SpaceX, which is readying for a closely watched IPO this week, said in April it had secured an option to either acquire code-...09 Jun, 2026, 10.35 AM 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
- OpenAI IPO: ChatGPT maker files for US Stock Market initial public offering after Anthropic, SpaceXOpenAI would set the stage for a trio of trillion-dollar-valuation companies debuting rapidly, which together are seen as the most conseque...09 Jun, 2026, 05.40 AM IST
- AI companies are barreling toward huge Wall Street debuts. A look at the biggest playersFrom Anthropic to SpaceX to OpenAI, tech giants are looking to take their shares public to access more capital in the race to shape the tec...04 Jun, 2026, 10.10 AM IST
- Microsoft to release new coding model next week, the Information reportsMicrosoft is set to launch new artificial intelligence models next week at its Build conference. These include a coding model to enhance Gi...28 May, 2026, 09.56 PM IST
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