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Meta-Reliance AI hub; SAP CEO on India's AI edgeMeta has tapped Reliance for India AI data centre. This and more in today's ETtech Top 5.- SpaceX IPO: Elon Musk's AI ambitions fueling space data centers & trillionaire dreamsSpaceX's upcoming IPO, fueled by immense investor demand, could propel Elon Musk to trillionaire status. Beyond its space ambitions, the co...
- India’s AI edge will come from talent, not compute, says Snowflake CEOSnowflake CEO Sridhar Ramaswamy believes India's AI advantage lies in its talent and innovation under constraints, not just infrastructure....
- Separate AI wheat from the chaffCompanies are now understanding the real costs of AI. This is leading to smarter use and better cost management. Clients paying for AI help...
- After the AI binge, companies balk at soaring billsArtificial intelligence is becoming more expensive as companies rethink their initial embrace. The era of "subsidized intelligence" is endi...
- Company racks up $500M Claude AI bill in one month after putting no usage limits on employee licensesA firm's unchecked AI spending led to a staggering $500 million bill in a single month due to unlimited employee licenses for platforms lik...
- AI costs spiral as firms lose spending controlCompanies are facing massive AI bills, with one firm reportedly spending $500 million in a month on Claude AI due to unchecked usage. Sever...
- Europe’s banks embrace AI — and confront the price of dependence on US techThe finance industry is rapidly adopting AI, but soaring costs for computing power and AI assistants like Claude are creating financial str...
- Why West’s crypto rules matter for East’s financial futureThe US CLARITY Act addressing legal uncertainty will shape global crypto regulation. Eastern hubs like the UAE and Singapore are moving ahe...
- Swiggy’s shareholder setback; Walmart’s Flipkart pushHappy Friday! Swiggy’s move to become an Indian-owned company hit a setback after the shareholder vote fell short. This and more in today’s...
- Indian founders flip Y Combinator’s $25,000 AI tokens for quick bucksA grey market for discounted AI credits has emerged following Y Combinator's Startup School in India. Attendees are selling free credits fo...
- Explained: What is US Senate’s CLARITY Act and why does it matter for crypto investors?The Republican-led Senate Banking Committee has advanced the long-awaited CLARITY Act, a landmark crypto regulation bill aimed at defining ...
- Bitcoin price (BTC USD) surges above $82,000 after major US crypto bill clears senate committee vote - here's what traders need to know about the Clarity ActUS crypto regulation bill Clarity Act explained: The Clarity Act, a significant US crypto market structure bill, advanced out of the Senate...
- Fractal says enterprise AI market still wide open as Q4 profit more than doublesAI services firm Fractal Analytics saw net profit more than double to Rs 116 crore in Q4, driven by improved margins. CEO Srikanth Velamaka...
- Why AI pricing is becoming a policy questionAI costs are increasing for US models. This signals a need for India to develop its own technology infrastructure. Reliance is entering the...
- Riding the AI buck: Rising API, usage-based costs force a rethinkAs enterprises rapidly scale AI adoption, soaring API and usage-based costs are forcing companies to rethink spending, introduce guardrails...
- US Senate Committee set to consider long-awaited crypto bill next weekUS senators will consider the Clarity Act next week, a bill aiming to regulate cryptocurrency and end disputes between crypto firms and ban...
- Replacing humans with AI is turning out to be costlier than expected, Uber, Nvidia execs sayCompanies are finding AI automation costs, particularly token-based pricing, are exceeding employee salaries. Executives from Nvidia and Ub...
- Tether slows gold purchases for USDT reserves in first quarter, data showsTether reduced gold purchases sharply in Q1, slowing from 27 to 6 tons, while maintaining diversified reserves across U.S. Treasuries, Bitc...
- Coinbase says deal reached on key provision of crypto billA significant breakthrough has been reached in U.S. crypto legislation. Coinbase confirmed a deal on a crucial provision, paving the way fo...
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