Zepto's market position; TCS' AI verdict at AGMZepto pulls ahead of Swiggy Instamart on orders, but heavy burn continues. This and more in today's ETtech Top 5.
09 Jun, 2026, 10.09 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
IT’s Rs 18 lakh crore m-cap rout; Info Edge, Ixigo post Q4 profitsA multi-month bear market has hit the valuations of India’s top 10 digital and technology services exporters. This and more in today’s ETte...
22 May, 2026, 07.58 PM IST
OpenAI reports nearly $6 billion Q1 revenue, $1 billion more than Anthropic: ReportOpenAI reported $5.7 billion in first-quarter revenue, leading Anthropic by $1 billion. However, Anthropic projects its second-quarter reve...
22 May, 2026, 02.25 PM IST
OpenAI IPO filing could come before SpaceX goes public: Will Sam Altman beat Elon Musk and Anthropic in the biggest AI and space market race of 2026? Complete details on Wall Street’s largest IPO waveOpenAI IPO: Wall Street is entering its biggest IPO wave since 2022. OpenAI, SpaceX, Anthropic, Shein, and Kunlunxin could together raise n...
20 May, 2026, 11.36 PM IST
Anthropic has agreed terms for $30 billion funding deal at $900 billion valuation: FTAI firm Anthropic is reportedly nearing a $30 billion fundraising round, valuing the company at $900 billion. This significant valuation su...
15 May, 2026, 01.44 PM IST
OpenAI let employees cash out up to $30 million each in share sale last year: ReportOpenAI employees, both current and former, collectively sold $6.6 billion in shares during a secondary transaction in October 2025. This sa...
11 May, 2026, 10.48 AM IST
Anthropic weighs fundraising for near $1 trillion valuation: Financial TimesAI firm Anthropic is planning a huge fundraising round this summer. This move could value the company at nearly one trillion dollars. Anthr...
08 May, 2026, 04.43 PM IST
AI spending boom soars but no returns for big tech giants, warns Jefferies’ Chris WoodRising AI investments by global tech giants are straining cash flows, with capex nearing record levels relative to operating cash flow. Des...
02 May, 2026, 02.42 PM IST
What the OpenAI-AWS partnership means for enterprisesOpenAI's Codex model is now available on Amazon Bedrock, a generative AI service from AWS. This integration allows businesses to leverage p...
29 Apr, 2026, 10.52 AM IST
Brain drain at OpenAI: 3 top leaders leave in a single day—Sora ends, billions lost despite AI boomOpenAI sees three top executives leave on the same day. This follows the company's decision to close experimental projects like Sora, its A...
18 Apr, 2026, 08.52 PM IST
ChatGPT maker OpenAI shifts its focus to business users amid Anthropic pressureOpenAI says it will introduce a new artificial intelligence model for "high-value professional work" as the company faces heightened compet...
16 Apr, 2026, 10.02 AM IST
Anthropic’s revenue run rate crosses $30 billion, secures Broadcom dealAnthropic, led by Dario Amodei, said its revenue run rate has now topped $30 billion, up from $9 billion at the end of 2025, and confirmed ...
07 Apr, 2026, 05.01 PM IST
OpenAI's US ad pilot exceeds $100 million in annualised revenue in six weeksOpenAI's ChatGPT ads pilot in the United States has crossed the $100 million annualised revenue mark within six weeks of launch, a company ...
27 Mar, 2026, 08.38 AM IST
OpenAI hits $12 billion in annualised revenue: The InformationOpenAI nearly doubled its revenue to $12 billion annualised in the first seven months of 2025, with 700 million weekly users of ChatGPT. Th...
31 Jul, 2025, 07.59 AM IST
OpenAI's annualised revenue hits $10 billion, up from $5.5 billion in December 2024The $10 billion figure excludes licensing revenue from OpenAI-backer Microsoft and large one-time deals. This topline print means OpenAI is...
10 Jun, 2025, 08.23 AM IST
OpenAI annualised revenue tops $1.6 billion: reportNews agency Bloomberg reported last week that OpenAI is in early talks to raise a fresh round of funding at a valuation at or above $100 bi...
30 Dec, 2023, 11.09 PM IST