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OPENAI DEAL AMENDMENT
Swiggy’s shareholder setback; Walmart’s Flipkart pushHappy Friday! Swiggy’s move to become an Indian-owned company hit a setback after the shareholder vote fell short. This and more in today’s...- Microsoft eyeing startup deals for life after OpenAIMicrosoft is actively seeking AI startups for potential acquisitions. This move aims to bolster its AI talent and develop a cutting-edge AI...
- US stock market today hits new records as Nasdaq crossed 25,000 for the very first time: Dow Jones, S&P 500 and Nasdaq surge as Wall Street begins May with massive rally - Apple leads gainsUS stock market today opens May with rare strength. Momentum feels real, not forced. The Dow Jones Industrial Average climbs near 49,815. T...
- Google drops out of $100 million Pentagon drone swarm contest after advancingGoogle abruptly withdrew from a $100 million Pentagon prize challenge for autonomous drone swarms after an internal ethics review. The comp...
- Did Microsoft lose its AI edge? What changed in the Microsoft OpenAI deal— and why Microsoft stock fell while Amazon stock surged?What changed in the Microsoft OpenAI deal? Microsoft stock fell 2–3% after the Microsoft OpenAI deal ended exclusivity, shaking the AI mark...
- Anthropic CEO Dario Amodei apologises for memo after ‘disorienting’ crisisAnthropic CEO Dario Amodei has apologised for how he handled a crisis after an internal memo strained the company’s relationship with the U...
- State Department switches to OpenAI as US agencies start phasing out AnthropicUnited States cabinet agencies and the military ordered staff to stop using Anthropic products, including Claude, after failed talks over m...
- OpenAI’s 'sloppy' Pentagon pact; Sedemac IPO to mint gainsSam Altman admitted that OpenAI swooping in for a deal with the Pentagon after the Anthropic controversy was “opportunistic”. This and more...
- OpenAI looked ‘opportunistic and sloppy’ in rushed deal with Pentagon, CEO Sam Altman admitsSam Altman said OpenAI rushed its Pentagon deal, which made the company appear “opportunistic and sloppy.” However, the CEO reassured that ...
- OpenAI amending deal with Pentagon to ensure surveillance safeguards: CEO Sam AltmanSam Altman said OpenAI is working with the United States Department of Defense to clarify their agreement. The deal states that services wi...
- Anthropic, Microsoft announce new AI data centre projects as industry's construction push continuesAI firm Anthropic plans a $50 billion investment to build new data centres in Texas and New York, partnering with Fluidstack. Microsoft is ...
- India vs X; Smallcase's funding boostThe Indian government will fight allegations by Elon Musk's X about content regulation and censorship. This and more in today’s ETtech Top ...
- OpenAI fires back at Elon Musk's lawsuitIn a blog post published before Friday's filing, OpenAI portrayed Musk as a hypocrite, saying that he had tried to transform the lab from a...
- Elon Musk adds Microsoft to suit against OpenAIMicrosoft is a close partner of OpenAI, after investing over $13 billion in the startup. Another defendant Reid Hoffman is a Microsoft boar...
- Ixigo's stock rally continues; retro tax relief likely for egaming cosShares of Ixigo continued to surge a day after the travel platform’s IPO. This and more on today’s ETtech Top 5.
- Indian publishers seek rules for copyright protection against generative AI modelsDigital News Publishers Association (DNPA) has sent a letter and made representations to the ministries of electronics and information tech...
- Microsoft, OpenAI tie-up comes under antitrust scrutinyThe U.S. Federal Trade Commission is examining the nature of Microsoft's investment in ChatGPT maker OpenAI, and whether it may violate ant...
- Microsoft, OpenAI tie-up draws UK antitrust regulator scrutinyThe Competition and Markets Authority (CMA) said it was also considering if the deal had resulted in the creation of a relevant merger situ...
- Stocks in news: Voltamp Transformers, Vedanta, Suzlon Energy, Signature Global, Sai SilksThe shares of Signature Global and Sai Silks will debut on the exchanges today. While Signature is likely to see a decent listing, Sai Silk...
- Flipkart marketplace gets $90M infusion; Byju’s asks creditors for more time on $1.2B loanFlipkart’s online marketplace has received a cash infusion of about $90 million (Rs 722 crore) from its Singapore-based parent entity, regu...
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