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Apollo, Blackstone back Anthropic's $35 billion capacity expansion in new Broadcom tie-upApollo and Blackstone are investing $35 billion to boost Anthropic's AI computing power. This expansion will utilize Broadcom's custom chip...
Mukesh Ambani’s $4 billion Jio IPO hits Iran war roadblockReliance Industries' planned IPO for its digital arm, Jio Platforms, faces significant hurdles due to geopolitical tensions and market vola...
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.
Behind tariffs and tech curbs, US and China are learning to coexist as rivalsDonald Trump arrives in Beijing for a summit amid ongoing trade and technology disputes. Two cycles of US-initiated actions and Chinese cou...
Elon Musk, Tim Cook and other prominent US executives invited to join Trump on trip to ChinaPresident Donald Trump embarks on a trip to China this week to meet President Xi Jinping. Several prominent US executives from technology a...
Tech companies tap debt markets to fund AI and cloud expansionLast month, Alphabet, Amazon, Microsoft and Meta signaled that spending on AI would not slow down, with the tech giants' combined spending ...
Jio IPO set to be fully fresh funding; no OFSReliance Industries is shifting Jio Platforms' IPO from an offer for sale to a fresh issue due to investor disagreements on pricing. This m...
Palo Alto Networks acquires Portkey; Tim Cook on Apple's India growthPalo Alto Networks is acquiring Portkey, doubling the AI infrastructure startup's valuation. This and more in today's ETtech Top 5.
Microsoft expects strong cloud business growth, plans record capital spendingMicrosoft anticipates robust sales for its Azure cloud services. The tech giant is planning substantial capital expenditure for 2026. This ...
US stocks today: Microsoft cloud revenue accelerates as spending growth coolsMicrosoft's cloud revenue saw a jump in the March quarter. Spending on infrastructure was lower than anticipated. This performance aims to ...
Jio preps May IPO; Wipro slips after resultsJio Platforms is edging towards a long-awaited IPO as markets wobble amid Iran tensions. This and more in today's ETtech Top 5.
Meta extends custom chips deal with Broadcom to power AI ambitionsAs part of the deal, Broadcom CEO Hock Tan would leave Meta's board and move to an advisory role on its custom chip strategy, the companies...
NHRC member defends notice to MeitY, says child safety concerns override pending DPDP enforcementThe NHRC in its March 24 notice to the ministry had raised alleged non-compliance of the Digital Personal Data Protection (DPDP) Act by dig...
Investors may offload 252 million shares in Jio Platforms' IPOJio Platforms is preparing for a $4 billion IPO, offering a partial exit for its 14 global investors, including Meta and Google. The offer ...
Reliance, Meta launch enterprise AI JV with Rs 855 crore investment: Here’s all you need to knowThe newly formed entity, Reliance Enterprise Intelligence Ltd (REIL), is a joint venture between RIL's subsidiary, Reliance Intelligence Lt...
Meta to acquire chip startup Rivos to strengthen AI plansMeta is buying chip startup Rivos to make its own AI chips. The company wants to spend less on Nvidia and lower costs. CEO Mark Zuckerberg ...
Reliance, Meta join hands to roll out affordable enterprise AI in IndiaMeta’s open-source Llama models will offer agentic AI capabilities to build vertical and sector-specific solutions for Indian enterprises. ...