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Udaan faces creditor heat; Bhavin Thurakia's fifth rodeoCreditors have dragged B2B ecommerce firm Udaan’s parent to Singapore court over a bond default. This and more in today's ETtech Top 5.- Microsoft launches firm to help companies adopt AI with $2.5 billionMicrosoft has launched a new venture, Microsoft Frontier Company, backed by $2.5 billion, to guide businesses in selecting and integrating ...
- A new, inexpensive Chinese AI model is catching up with Anthropic, OpenAI on their home turfWestern startups are increasingly turning their attention to affordable and powerful AI models from China, particularly Z. ai's GLM-5.2, wh...
- ETtech Explainer: OpenAI is halving inference cost and what this meansOpenAI has reportedly halved its AI inference costs through significant optimizations, a crucial development amid rising AI development exp...
- OpenAI offers 5% stake to Trump administration: reportThe proposed arrangement would involve other U.S. AI companies handing over a similar stake to the government, The Financial Times reporte...
- Sam Altman wants to give a 5% OpenAI stake to the US government: ReportOpenAI is reportedly exploring a 5% equity stake for the U.S. government, a move aimed at easing political concerns and fostering ties with...
- US in talks with AI companies for voluntary model standardsThe U.S. government is in advanced talks with AI companies to create voluntary standards for the release of new models, with an announcemen...
- SoftBank renews talks for $10 billion loan against OpenAI stake, adds concessionsTo make lenders more comfortable, the Japanese technology investor is offering to guarantee repayment of the loan, giving banks recourse to...
- California man with bipolar disorder says ChatGPT fueled delusions, led to self-harm in new lawsuitMichael Lines, 34, said in the complaint filed in state court in San Francisco that conversations he had with ChatGPT last year escalated a...
- SoftBank completes second $10 billion tranche of its $30 billion OpenAI investmentSoftBank has injected another $10 billion into OpenAI, part of a larger $30 billion commitment. This significant investment, funded by a br...
- US govt lifts restrictions on powerful AI models, Anthropic saysAnthropic will soon begin restoring access globally to its most powerful AI models, Fable 5 and Mythos 5, after the US government lifted a ...
- OpenAI unveils GPT-5.6 AI models with phased rollout and stronger safety checksOpenAI has unveiled GPT-5.6, its latest AI model family with Sol, Terra and Luna. The models will roll out gradually across ChatGPT, the AP...
- OpenAI, Anthropic limit new AI models to Trump-approved customers during cybersecurity reviewAI giants OpenAI and Anthropic are facing unprecedented government scrutiny over their powerful new models. The Trump administration has re...
- OpenAI weighs IPO in 2027 after expected Anthropic public debutAI giant OpenAI is reportedly eyeing a 2027 initial public offering, potentially after rival Anthropic. Both companies have confidentially ...
- Trump administration asks OpenAI to limit release of GPT-5.6: ReportPer the report, the White House's Office of the National Cyber Director and the Office of Science and Technology Policy requested that the ...
- What is OpenAI's GPT-5.6? Here's why the Trump Administration wants to limit its releaseOpenAI's upcoming AI model, reportedly GPT-5.6, faces a restricted rollout at the U.S. government's request. Citing national security conce...
- OpenAI leans toward waiting until next year for IPO, NYT reportsOpenAI may postpone its highly anticipated public launch until 2027, setting its sights on an ambitious $1 trillion valuation that CEO Sam ...
- Mind Games: Talent wars heat up as AI startups take on Big TechA fierce talent war is raging in the AI sector, with tech giants like Google facing significant researcher departures to rivals OpenAI and ...
- OpenAI unveils custom chip it designed with Broadcom to boost its AI infrastructureOpenAI has unveiled its first custom AI chip, Jalapeno, developed with Broadcom to boost its infrastructure. This move aims to overcome com...
- Three ways Trump could get a stake in AI firms for the USPresident Donald Trump is actively investigating how to ensure that the American public can benefit from the lucrative advancements within ...
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