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PROPRIETARY VS OPEN AI
OpenAI cuts developer pricing for frontier GPT-5.6 Sol model by more than 20%The price cuts are effective on OpenAI's application programming interface, or API, and are rolling out across eligible plans for credits o...
Alibaba reports 9% rise in quarterly revenueAs businesses increasingly deploy artificial intelligence applications, demand for the cloud computing power needed to train and run those ...
Coforge shares jump 3% after IT major launches private equity unitCoforge shares climbed on Thursdat after the IT services company launched a dedicated Private Equity business unit to help funds drive oper...
Payments firm Stripe to buy marketplace OpenRouter in AI pushWhile the companies did not disclose the value of the deal, a source familiar with the matter, who requested anonymity to discuss confident...
Chip designer Velaura AI valued at more than $1 billion in funding roundThe funding round was led by Seligman Ventures, with participation from new investor Capricorn Investment Group. Existing investors Samsu...
CarePal Group builds proprietary AI “Chief of Staff” to scale execution across crowdfunding, lending & insuranceThe company says multi-stage extraction powered by Claude identifies action items, priorities, decisions and risks. OpenAI embeddings suppo...
OpenAI slows advanced AI development after cyberattackChatGPT creator OpenAI said Tuesday that it was tapping the brakes on development of its most advanced AI model and tightening internal con...
Walmart turns to advertising as sales growth slowsWalmart's advertising business, Walmart Connect, is experiencing rapid growth. This segment significantly supports profits as same-store sa...
Geospatial startup NeoGeo raises $20 million in funding from SBI’s Neev II Fund, Aavishkaar CapitalFounded in 2019, NeoGeo provides geospatial intelligence solutions to government and corporate clients across natural resource management, ...
At Beijing AI-themed bar, DeepSeek tokens come with the pintsAs AI enthusiasm sweeps across China, Song De opened AGI Bar, named after the concept of artificial general intelligence where AI systems s...
Superhealth appoints Dunzo cofounder Dalvir Singh Suri as head of operationsSuri, with nearly 17 years of experience in building and scaling operations, spent more than eight years at hyperlocal delivery startup Dun...
Students get hands-on future-ready AI skills at HCLTech and Economic Times masterclassHCLTech and Economic Times hosted an eight-hour AI Masterclass for engineering students. Around 300 students learned about AI-assisted deve...
Stripe clinches over $7 billion deal to buy AI firm OpenRouterThe deal, just months after OpenRouter raised money at a reported $1.3 billion valuation, underscores the demand from businesses to find th...
US to tell partners they must pick sides in AI race with ChinaBy pressing countries to choose sides the US hopes to starve China of resources in a race to make the most sophisticated AI, which could be...
US to tell partners they must pick sides in AI race with ChinaThe US is preparing to ask countries to choose between its Pax Silica AI framework and China’s competing initiative, Reuters reported. Wash...
India Inc leans on hybrid AI strategy: A string of models for cost and controlIndian enterprises are moving towards hybrid AI to balance cost, performance & data sensitivity as frontier open-weight models narrow the g...
ETtech Explainer: Meta's stop-start strategy for its open source AI modelsGlimmer, a 30-billion-parameter model, is much smaller than leading AI models from rivals and is designed for agentic tasks. It can run on ...