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'The Donald of Dubai': UAE billionaire close to Trump bets $66 billion on AI to become the world's data kingUAE real estate magnate Hussain Sajwani is investing billions in data centers to capitalize on the AI boom, aiming for global leadership. H...- CoreWeave founders have dumped $2.3 billion in stock since IPOCoreWeave executives and a major investor have sold over $7.8 billion in stock since the company's March 2025 IPO. Despite this, CoreWeave'...
- 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-...
- Global Markets Watch: Tumbling tech darlings slam brakes on AI rallyAsian stocks experienced a significant plunge as investors exited AI-linked shares amid concerns of an overheated market. Disappointing out...
- AI agents now drive more web traffic than humans — is India any different?For the first time, artificial intelligence agents have generated more web traffic than humans globally, according to Cloudflare. This shif...
- Mathematicians say 'don't believe hype' on AI capabilitiesMathematicians are urging caution about artificial intelligence claims. Over 150 professors signed a declaration warning governments not to...
- AI paints a pretty infra pictureThe global AI race is shifting focus from models to infrastructure, power, and sovereign ecosystems, with energy efficiency becoming a key ...
- Tech jobs go cold; Chip startups shift gearIndia’s tech hiring has fallen to its lowest level in more than two years. This and more in today's ETtech Top 5.
- SoftBank overtakes Toyota as Japan's most valuable companyFueled by its significant stake in AI powerhouse OpenAI, SoftBank Group has surged past Toyota to become Japan's most valuable company. The...
- SoftBank to invest €75 billion in 5 GW French AI centresSoftBank Group is set to invest up to $87 billion in France to build 5 gigawatts of AI data center capacity, aiming to establish the countr...
- SoftBank to spend $87.5 billion on AI centres in France: SonJapanese tech investor SoftBank will spend 75 billion euros ($87.5 billion) on artificial intelligence infrastructure in France, its founde...
- Meta lays off nearly 1,400 Washington employees in latest tech workforce cut: Check worst-hit departments, severance package and moreMeta is set to lay off nearly 1,400 employees across Washington state, including Seattle, Bellevue, and Redmond, starting July 22, 2026. Th...
- Europe’s banks embrace AI — and confront the price of dependence on US techThe finance industry is rapidly adopting AI, but soaring costs for computing power and AI assistants like Claude are creating financial str...
- California governor orders a plan to cope with AI job upheavalCalifornia Governor Gavin Newsom on Thursday ordered officials to start work on a plan to mitigate the job-destroying impact of artificial ...
- Is Meta opening WhatsApp to rival AI chatbots just to avoid tougher EU action? Here's what happenedMeta has offered rival AI chatbots limited free access to WhatsApp in Europe, with charges to be implemented after a usage threshold is met...
- Lenskart, Ola’s Q4 scorecards; Visa maze for laid-off techiesLenskart has posted a sharp jump in its March-quarter revenue even as profit dipped marginally. This and more in today’s ETtech Top 5.
- Meta told employees to work from home, then sent 4 am layoff emails to US staff, leaked memo reads: 'We’re now at the stage where...'Meta Layoffs: Meta has laid off approximately 8,000 employees globally, with many receiving termination emails early Wednesday. This move i...
- Meta offers AI rival chatbots limited free WhatsApp access, sources sayMeta Platforms has offered European AI chatbots free access to its WhatsApp messaging service, with charges to be implemented after a usage...
- Meta loses court fight over compensation to Italian publishersMeta Platforms has faced a significant setback in Europe as the EU's highest court mandated that they pay publishers for utilizing snippets...
- EU Commission in talks with OpenAI and Anthropic over AI modelsThe European Commission is actively engaging with leading AI firms OpenAI and Anthropic. Discussions are underway to understand their advan...
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