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Tech layoffs: India once again in the crosshairs, with 1 in 3 laid off by Oracle based hereThousands of Oracle employees in India faced immediate job termination via email. This action is part of a global workforce reduction affec...- H-1B selection rate rises; VC IPO windfall in 2025There is a notable rise in H-1B selection rates, even as the number of petitions decreases. This and more in today’s ETtech Top 5.
- Oracle Layoffs: Company trims workforce amid rising AI, data centre spends; Indian employees also impactedOracle jobs cut: The Larry Ellison-led company is slashing jobs across cloud and database units. The restructuring is aimed at transitionin...
- Amazon's massive layoffs; Founders cash in IPOAmazon will cut tens of thousands of corporate roles in a major workforce reshuffle. This and more in today's ETtech Top 5.
- Microsoft strikes deal with Elon Musk to host Grok AIThe Grok chatbot last week ignited controversy by answering unrelated user prompts with unbacked right-wing propaganda about purported oppr...
- Lahori’s funding fizz; Info Edge’s windfallBeverage brand Lahori has raised Rs 200 crore from Motilal Oswal Wealth. This and more in today’s ETtech Top 5.
- OpenAI plans to slash revenue share to MicrosoftOpenAI plans to reduce the share of revenue it gives to Microsoft, its key backer, from 20% to 10% by 2030, according to The Information. T...
- The battle of the tech titans: Seeking Trump's favorSam Altman, CEO of OpenAI, skillfully navigated political connections to secure a $100 billion investment for AI infrastructure from Trump ...
- The battle of the tech titans: Seeking Trump's favourSince Trump's election, the billionaires of Silicon Valley have jockeyed to influence the new administration. None of them has been more su...
- Microsoft shares slide 5% as cloud forecast, AI spending disappointChinese rivals have recently claimed to produce competing AI technologies at lower costs than US rivals, sparking fears of a price war. For...
- Microsoft results disappoint investors wanting more from AIThe stock fell 2% even after quarterly revenue beat analysts' estimates, showing investors want better results from the hundreds of billion...
- This top Silicon Valley CEO says AI reminds him of dot-com bubble, claims OpenAI could disappear one dayTom Siebel, CEO of enterprise AI company C3.ai, sees parallels between the current surge in artificial intelligence investment and the dot-...
- Tata 1mg’s FY24 report; Cognizant-Wipro CFO lawsuit settledEpharmacy Tata 1mg reported a 21% rise in revenue to Rs 1,968 crore for FY24. This and more on today’s ETtech Top 5.
- Prosus cuts Byju's valuation to under $3 billion; PayU India, Swiggy H1 financialsTechnology investor Prosus has slashed Byju’s valuation to below $3 billion from its peak of $22 billion. This and more in today’s ETtech T...
- OpenAI unveils personalised AI apps as it seeks to expand its ChatGPT consumer businessCEO Sam Altman shared the updates at the San Francisco event, which attracted 900 developers from around the world. This is OpenAI's latest...
- OpenAI to make models cheaper, more powerful in its first developer conferenceThe conference signals OpenAI's ambition to expand beyond a consumer sensation to becoming a provider of a hit developer platform, and CEO ...
- Russia's Sberbank releases ChatGPT rival GigaChatSberbank said what sets GigaChat apart was its ability to communicate more intelligently in Russian than other foreign neural networks.
- Twitter working on AI despite Elon Musk's call for global pause: reportThe open letter, published on the website of the Musk-funded Future of Life Institute, urged a six-month pause in development of powerful A...
- Microsoft's dour outlook raises red flags for tech sectorMicrosoft, the second most valuable US company, sounded a cautious note in its quarterly earnings report as a steep fall in client spending...
- Goldman expects Paytm to turn profitable in March quarter; Elon Musk faces tough choices on Twitter payments: reportPaytm’s stock has been on a steady decline since the company’s public market debut in November 2021, wiping out crores of investors’ wealth...
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