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 ...
02 Jul, 2026, 06.36 PM IST
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...
02 Jul, 2026, 01.41 PM IST
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...
02 Jul, 2026, 12.25 PM IST
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...
02 Jul, 2026, 11.47 AM IST
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...
02 Jul, 2026, 11.10 AM IST
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...
02 Jul, 2026, 08.13 AM IST
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...
02 Jul, 2026, 07.47 AM IST
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...
01 Jul, 2026, 11.13 PM IST
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...
01 Jul, 2026, 03.09 PM IST
RBI flags AI stock boom as financial stability risk, says Indian banks remain resilientIndia's central bank has identified soaring AI stock valuations globally as a financial stability risk, warning of potential market spillov...
30 Jun, 2026, 05.30 PM IST
Cheaper AI is better: Soaring bills are reshaping how businesses choose modelsTop executives such as Microsoft's Satya Nadella, Palo Alto Networks' Nikesh Arora and Coinbase Global's Brian Armstrong have said smaller,...
29 Jun, 2026, 04.06 PM IST
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...
27 Jun, 2026, 07.11 AM IST
Uber India head Prabhjeet Singh quits, to join as OpenAI MDUber India's head, Prabhjeet Singh, is departing after an 11-year tenure to join OpenAI as its India MD. Singh, led Uber's significant grow...
26 Jun, 2026, 10.49 PM IST
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 ...
26 Jun, 2026, 09.58 PM IST
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...
26 Jun, 2026, 03.07 PM IST
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 ...
26 Jun, 2026, 10.32 AM IST
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 ...
22 Jun, 2026, 09.04 PM IST