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
AI in Hungary could unlock productivity gains of €15 billion: McKinseyMcKinsey projects AI could boost Hungary's productivity by €15 billion by 2030, helping close the gap with European neighbours. However, la...
16 Jun, 2026, 04.39 PM IST
Microsoft sued by shareholders over expenses, cloud business, AIAbout $357 billion of market value was erased, and Microsoft's stock suffered its biggest one-day decline in nearly six years.
16 Jun, 2026, 07.29 AM IST
US judge dismisses Elon Musk's xAI trade secret lawsuit against OpenAIU.S. District Judge Rita Lin in San Francisco said xAI failed to show that OpenAI induced former xAI senior engineer Xuechen Li to divulge ...
16 Jun, 2026, 07.23 AM IST
AI is everywhere. But which products are truly transforming business?The next wave of business transformation is being driven by AI products that deliver measurable results. The ET Most Innovative AI Product ...
15 Jun, 2026, 01.05 PM IST
Anthropic block marks US reversal, warning to Silicon ValleyAmerica has taken a significant step by blocking foreign access to Anthropic's top AI models. This move follows concerns about bypassing se...
15 Jun, 2026, 10.42 AM IST
India looking to scale up local AI infrastructure; NITI to reviewThe Indian government is developing a strategy for domestically controlled AI infrastructure to enhance AI adoption in governance and culti...
15 Jun, 2026, 07.13 AM IST
Humans outperform AI at this highly rigorous mathematics testA new AI test called First Proof used unpublished math problems. AI systems were tested against human mathematicians. While AI showed some ...
14 Jun, 2026, 07.36 PM IST
OpenAI under investigation by group of state attorneys generalA group of US state attorneys general has started a wide-ranging probe into OpenAI. The ChatGPT maker received a subpoena seeking documents...
13 Jun, 2026, 07.09 AM IST
A 93% police face match in Florida sent a Fort Myers crabber to jail after a child-luring case, but the arrest is fueling a bigger fight over one of the oldest facial-recognition systems in the USRobert Dillon was wrongfully arrested after facial recognition software flagged him for a crime committed hundreds of miles away. This inci...
12 Jun, 2026, 08.00 PM IST
Canadian mother sues OpenAI, alleging ChatGPT encouraged daughter's suicideA Canadian mother has filed a lawsuit against OpenAI and its CEO Sam Altman. She claims their AI chatbot, ChatGPT, encouraged her daughter'...
11 Jun, 2026, 07.23 PM IST
Musk's xAI accused of illegally firing engineer who raised safety concernsDevin Kim, a former engineer at xAI, has launched a lawsuit alleging wrongful termination after he voiced serious concerns about the safety...
10 Jun, 2026, 10.40 PM IST
'Couch, broken furniture, medication bottles': Olympic gold medallist Eileen Gu’s California sea cliff home under scrutiny over trash in upscale areaOlympic skier Eileen Gu's family home in San Francisco became the center of a neighborhood dispute after a large pile of discarded househol...
10 Jun, 2026, 03.35 PM IST
Elon Musk's xAI, SpaceX hit with class action over data center 'nuisance'The lawsuit, made public on Tuesday in federal court in Oxford, Mississippi, claims Musk's companies negligently failed to curb the distu...
10 Jun, 2026, 07.13 AM 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
Nashville High School shooting survivor sues AI gun detection company after security system failed to spot weaponA survivor of the January 2025 Nashville high school shooting is suing Omnilert, the manufacturer of an AI gun detection system that failed...
09 Jun, 2026, 01.56 PM IST
SpaceX IPO: Elon Musk's AI ambitions fueling space data centers & trillionaire dreamsSpaceX's upcoming IPO, fueled by immense investor demand, could propel Elon Musk to trillionaire status. Beyond its space ambitions, the co...
07 Jun, 2026, 11.37 PM IST