Nvidia may lead AI startup Simplismart’s $20 million fundraise at $100 million valuationChipmaking giant Nvidia is reportedly in advanced talks to lead a $20 million funding round for Simplismart, valuing the AI infrastructure ...
18 May, 2026, 10.45 AM IST
Why Nvidia, AMD, Intel stocks crash today: Magnificent Seven fall broadly as all open lower except Apple amid AI concerns and earnings pressureWhy Nvidia, AMD, Intel stocks crash today: Magnificent Seven stumble as all open lower except Apple, with AI spending fears, Fed jitters, a...
28 Apr, 2026, 08.43 PM IST
US stocks today: Oracle, CoreWeave lead AI selloff on OpenAI growth concernsShares of AI companies fell on Tuesday. OpenAI reportedly missed user and revenue goals. This has sparked worries about its ability to fund...
28 Apr, 2026, 08.02 PM IST
Oracle, CoreWeave shares drop after report flags OpenAI growth worriesOpenAI's recent performance has caused a stir. The company reportedly missed targets for new users and revenue. This has led to worries abo...
28 Apr, 2026, 06.17 PM IST
Musk–Altman trial opens: Revisiting OpenAI’s shift from nonprofit to for-profitA major legal battle begins Tuesday in Oakland. Elon Musk is suing Sam Altman and OpenAI. Musk claims OpenAI abandoned its nonprofit roots ...
27 Apr, 2026, 07.57 PM IST
Former OpenAI Stargate leaders plan to join Meta PlatformsThree key players in OpenAI’s massive effort to set up hundreds of billions of dollars’ worth of artificial intelligence data center capaci...
11 Apr, 2026, 10.44 AM IST
OpenAI 'Stargate' executive Peter Hoeschele exits: The InformationPeter Hoeschele, a key OpenAI executive behind the early Stargate data centre effort, has left the company, according to a report by The In...
10 Apr, 2026, 04.27 PM IST
From OpenAI to Nvidia, tech firms channel billions into AI infrastructure as demand boomsTech giants are making massive investments in artificial intelligence. CoreWeave and Meta have expanded their cloud capacity agreement to $...
09 Apr, 2026, 06.11 PM IST
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...
02 Apr, 2026, 05.06 PM IST
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.
01 Apr, 2026, 08.45 PM IST
Japan's Nikkei ends lower as SoftBank Group tracks Oracle's declinesJapan's Nikkei share average closed 0.9% lower, led by a sharp 7.69% decline in SoftBank Group. This fall mirrored Oracle's significant dro...
11 Dec, 2025, 12.49 PM IST
OpenAI, Oracle announce Stargate data center site in WisconsinThe new Port Washington campus is part of OpenAI and Oracle's partnership announced in July to develop another 4.5 gigawatts of data center...
23 Oct, 2025, 09.32 AM IST
ET Explainer: How Oracle became the new Nvidia amid AI cloud surgeOracle's stock experienced a significant 36% surge following the announcement of multi-billion-dollar AI cloud deals, including a substanti...
12 Sep, 2025, 06.00 AM IST
OpenAI eyeing more data centers in Texas, other states for Stargate: ReportStargate, a venture by OpenAI, Oracle, and SoftBank, is planning additional data center campuses in Texas and 13 other states, aiming to in...
06 Feb, 2025, 11.10 PM IST
SoftBank in talks to invest up to $25 billion into OpenAI: reportSoftBank could invest $15 billion to $25 billion directly into Microsoft-backed OpenAI on top of its commitment of more than $15 billion to...
30 Jan, 2025, 09.09 AM IST
Elon Musk raises concerns over $500 billion Stargate Project backed by Donald TrumpElon Musk has expressed doubts about the financial feasibility of the $500 billion Stargate AI Project announced by President Donald Trump....
22 Jan, 2025, 08.14 PM IST
Nvidia, Oracle share prices soar after reports claim Donald Trump's $500 billion AI infrastructure investment planPresident Donald Trump is reportedly making a huge announcement pertaining to AI infrastructure investment on Tuesday.
22 Jan, 2025, 02.06 AM IST