The Pentagon is pushing top AI companies, including OpenAI and Anthropic, to make their artificial-intelligence tools available on classified networks without many of the standard restrictions that the firms apply to users, Reuters reported. Anthropic is the only one that…
Ahead of the anticipated Global AI Impact Summit in New Delhi next week, industry leaders have praised India’s AI policy ecosystem and described the country as integral to AI. Vishal Sikka expressed optimism about breakthroughs, infrastructure, talent and safety discussions.…
A Niti Aayog report noted that industry must lead the shift into the AI era by reimagining its delivery model, deepening innovation, and investing in the next wave of growth. Firms need to pivot from cost-based services to outcome-driven, AI-enabled…
The report highlighted emerging demand in modernising legacy code, rewriting customized SaaS applications where needed, building AI agents for operations, ensuring AI trust and reliability, and integrating physical AI systems. Enterprise technology teams, long viewed as underfunded relative to business…
Eyewear retailer Lenskart on Wednesday reported a sharp jump in its net profit, which the management described as the start of a compounding phase where each additional rupee of revenue translates into a higher profit margin. On Thursday, Lenskart’s stock…
Artha Venture Fund, an early-stage venture capital firm, has led the removal of Souvik Haldar, founder and chief executive of Kolkata-based Vaadit Technologies, which operates crypto and dark web forensics platform Hornet, citing allegations of misconduct, misuse of company funds…
The largest US electric utilities are ramping up spending on new power infrastructure to meet surging demand from data centers, with companies like American Electric Power and Exelon unveiling expanded investment plans on Thursday and fielding questions about rising power…
Russia announced Thursday it had blocked WhatsApp over its alleged failure to comply with Russian legislation, days after restricting access to rival messaging service Telegram for similar reasons. It has since progressively slowed down WhatsApp and in November announced it…
Shares of Nasdaq-listed Palo Alto Networks will also trade on the Tel Aviv Stock Exchange, the cybersecurity firm said on Thursday, after it closed its $25 billion purchase of Israeli peer CyberArk Software. Following the dual listing, Palo Alto will…
In Taipei, real estate agent Jason Sung is betting that home prices around a high-tech industrial park in the northern part of Taiwan’s capital will soon take flight – because of computer chip maker Nvidia.
AI startup Anthropic has confirmed the departure of researcher Mrinank Sharma from its safeguards team. The exit comes in the wake of researcher Zoe Hitzig resigning from rival OpenAI.
The US Department of Commerce on Wednesday announced a $252 million settlement with Applied Materials for illegally exporting chipmaking equipment to China’s top chipmaker Semiconductor Manufacturing International Corp.
Brazil on Wednesday told Elon Musk’s social network X to stop its chatbot from creating sexually explicit images, the latest country to pressure the billionaire to fix the artificial intelligence tool. Indonesia became the first country to block Grok entirely…
The months-long rout deepened last week, with the S&P 500 software and services index posting its worst three-month performance since May 2002, Evercore ISI equity strategists said.
In a LinkedIn post, cofounder Sujith Narayanan said the company’s senior leadership went through a period of “honest reflection” to mobilise the firm’s resources in a different direction. This will mark a departure from Fi’s original mission of providing a…
ByteDance aims to receive sample chips by end-March, they said. The company plans to produce at least 100,000 units of the chip, designed for AI inference tasks, this year, according to one of the sources and another person. One of…
South Korea said in October that the U.S. startup planned to set up joint ventures with the Korean firms to build two data centres in the country with an initial capacity of 20 megawatts.
The forecast marks a setback for the ride-hailing provider’s comeback, fueled by a year of improving bookings growth, higher margins and expansion into new regions, and also overshadows a $1 billion share repurchase program.
Chandrika Krishnamurthy Tandon, a distinguished philanthropist and Grammy-award winning artist, described efforts of Prime Minister Narendra Modi and his government to prioritise AI as “stunningly impressive.”
Under the deal, STI will build a power semiconductor factory in Baiyun District, Guangzhou. The first phase will invest about 1.6 billion yuan to make AMB ceramic substrates, a material widely used in industries such as electric vehicles.
Salesforce cut fewer than 1,000 roles this month, Business Insider reported. Affected jobs spanned marketing, product management, data analytics and Agentforce AI, from employee conversations. Salesforce CEO Marc Benioff had said in a podcast in August last year that the…
Young founders crowd San Francisco as an AI boom reshapes ambition, money and work in this city today. Startups promise to streamline administration, chase valuation and risk jobs, echoing a modern gold rush. With capital everywhere, twenty-somethings scrape by, bet…
Amazon has signalled plans for a content marketplace where publishers can sell material to firms offering artificial intelligence products, according to The Information. Ahead of an AWS conference, slides mentioned the marketplace alongside core AI tools like Bedrock. This comes…
Happy Tuesday! Exposure of domestic mutual funds to new-age stocks significantly increased in 2025. This and more in today’s ETtech Morning Dispatch.
Australian AI firm Firmus has secured a $10 billion debt funding package led by Blackstone and Coatue. The money will support the next phase of Project Southgate to build AI training and inference data centres across Australia. Developed with CDC…
In an interview with Taiwanese television channel CTS that was broadcast late on Sunday, Taiwan Vice Premier Cheng Li-chiun said she had made it clear to Washington that Taiwan’s semiconductor ecosystem, built up over decades, could not be relocated.
Arguments are set to begin Monday in a landmark US trial that could establish a legal precedent on whether social media companies deliberately designed their platforms to lead to addiction in children.
China’s Montage Technology jumped more than 50% in its Hong Kong trading debut on Monday after the world’s biggest memory interconnect chip supplier raised HK$7.04 billion ($900 million) in a share sale to mainly fund research.
Abu Dhabi-based technology group G42, and a consortium comprising the FPT Corporation and the Viet Thai Group, have signed a deal to develop sovereign AI capabilities and cloud infrastructure across Vietnam, G42 said on Monday.
Citing examples, Vaishnaw noted that AI-based solutions could be offered to global shipping lines and retail companies through global capability centers (GCCs) in India, creating opportunities for Indian engineers. The Union Minister for Electronics and IT added that, due to…
Union Minister Ashwini Vaishnaw said domestic and foreign companies will now receive equal tax benefits for data centres, providing relief to local players. The clarification follows concerns over previous advantages for global cloud providers. He added that data centres are…
Union Minister Ashwini Vaishnaw said India and the US are finalising an interim trade framework that will boost access to GPUs and data centre equipment. This agreement is expected to create opportunities for startups, service providers, and the wider AI…
Ride-hailing apps such as Ola, Uber and Rapido faced sporadic disruption on Saturday as drivers staged a partial strike in several cities. The Telangana Gig and Platform Workers Union called the “breakdown” to protest rules and practices of app-based transport…
Tech stocks have swung sharply this year, with fears growing that huge AI investments may not turn profitable. Nasdaq has fallen despite brief rebounds, unsettling investors. Strong earnings from firms like Amazon, Alphabet and Microsoft failed to reassure markets amid…
A delegation of transport and delivery gig workers met the Leader of Opposition in Lok Sabha, Rahul Gandhi, to discuss the need for legislation from the Centre and implementations of regulations in Congress-ruled states, the Telangana Gig And Platform Workers…
South Korean cryptocurrency exchange Bithumb said on Saturday it had accidentally given away more than $40 billion worth of bitcoins to customers as promotional rewards, triggering a sharp selloff on the exchange.
Apple is preparing to allow voice-controlled artificial intelligence apps from other companies in CarPlay. The change represents a strategic shift for Apple, which, until now, has only allowed its own Siri assistant as a voice-control option.
AI startup Anthropic is ironing out the final details on a funding round likely to raise more than $20 billion and slated to close as soon as next week.
The company will target March 2027 for a lunar landing without astronauts on board, the report added. The news comes after SpaceX agreed to acquire xAI in a deal that values the rocket and satellite company at $1 trillion and…
AI tools can easily fabricate convincing images of Jeffrey Epstein with world leaders, a study showed Thursday, following a surge of manipulated photos falsely linking prominent politicians to the convicted sex offender. Social media users have amplified AI-generated images purporting…
Instead of combining the two companies into one and fully integrating operations, Musk decided to retain xAI, which runs social media platform X and created the Grok chatbot, as a wholly owned subsidiary of SpaceX, said the people, who asked…
The spending planned by Alphabet Inc., Amazon.com Inc., Meta Platforms Inc. and Microsoft Corp., all in pursuit of dominance in the still-nascent market for AI tools, is a boom without a parallel this century. Each of the companies’ estimated outlay…
The fiercest competition between the two AI developers, along with bigger companies like Google, is a race to win over corporate leaders looking to adopt AI tools to boost workplace productivity. The rivalry is also spilling into other realms, including…
The company announced its first share repurchase program of up to $1 billion, citing strong profitability and cash generation that give it the flexibility to return capital to shareholders while continuing product investments.
Durov said in a message on Telegram to users that Spain’s proposed legislative package would force social media platforms to gather data on all users, and its measures to curb hate speech would prompt platforms to strip content to avoid…
Alphabet and its Big Tech rivals are expected to collectively shell out more than $500 billion on AI this year. Meta last week hiked capital investment for AI development this year by 73%, while Microsoft also reported record quarterly capital…
There were 10,108 incidents of people reporting issues with the social media platform as of 8.30 p.m. ET, according to Downdetector, which tracks outages by collating status reports from a number of sources.
The New Jersey-headquartered company posted a net profit of $648 million on revenue of $5.3 billion for the quarter ended December 31. In constant currency, or excluding the impact of fluctuations in exchange rates, revenue rose 3.8% from a year…
Happy Thursday! Indian AI founders are turning to the US O-1 visa as a faster, more flexible way to move and scale their businesses. This and more in today’s ETtech Morning Dispatch.
The company has leased one office tower and purchased options on two others in Alembic City, a development in the city’s Whitefield tech corridor, totaling 2.4 million square feet, the report said, citing people familiar with the deal.
Happy Wednesday! Shailendra Singh says three high-profile MDs left Peak XV Partners over “disagreements”. This and more in today’s ET Morning Dispatch.
Unicorn India Ventures has closed its third fund at Rs 1,200 crore, surpassing its initial target of Rs 1,000 crore. The fund focuses on investments in semiconductors, spacetech and AI infrastructure. It has already seen strong early traction, with seven…
The India-US trade deal may help drive bilateral electronics and semiconductor trade towards $100 billion and provide clarity to businesses even as concerns still linger over potential tariff risks linked to US Section 232 investigations, industry bodies and companies told…
Moltbook, a Reddit-style AI social platform with a lobster logo, exposed private messages and emails of over 6,000 users, raising privacy concerns. The site, popular for its quirky AI interactions, has over 1.5 million agents. Experts warn that its rapid…
As one of the most sought-after applications of artificial intelligence, leading autonomous vehicle companies are investing heavily in commercializing their technology, with a focus on safety and regulatory collaboration to gain market share.
A merger would represent one of the most high-profit corporate pairings in Silicon Valley, blending a space-and-defense contractor with a rapidly evolving AI developer whose costs are dominated by chips, data centers and energy.
Happy Tuesday! A Budget proposal giving tax relief to foreign data centre firms has raised concerns among Indian infrastructure companies. This and more in today’s ETtech Morning Dispatch
A security professional shares how AI helps manage personal finances daily, spotting spending leaks and offering unbiased budgeting advice. By using a “sanitised context” approach, sensitive data stays safe while patterns and percentages guide decisions. Comparing answers across multiple AI…
The Budget’s tax holiday for data centres is set to boost demand for industrial land, accelerate campus development, and attract long-term foreign investment. Hyperscale facilities, requiring large land parcels, power, and advanced infrastructure, will benefit from improved project economics. This…
Vidit Aatrey, founder and CEO of Meesho, said that the Budget reflects a quiet but important shift in India’s growth story, one that backs MSMEs, women entrepreneurs and manufacturers with patient capital and modern infrastructure.
There were more than 19,281 reports of issues with the social media platform formerly known as Twitter, as of 11:19 a.m. ET, according to Downdetector, which tracks outages by collating status reports from a number of sources.
The consolidation of software development services, IT-enabled services, KPO and contract R&D relating to software development into a single category of IT services with a uniform safe harbour margin of 15.5 per cent, alongside enhancement of the Safe Harbour eligibility…
Finance minister Nirmala Sitharaman announced the setting up of a National Institute of Mental Health and Neuro Sciences (Nimhans) in north India, thus focussing attention on the growing conversation around mental health in the country.
New-age brokers like Groww, Zerodha, Dhan, and even players like Angel One could see a dip in their futures and options (F&O) volumes as the tax that the government collects from such trades has been increased manifold.
Companies are increasingly pointing to artificial intelligence when announcing job cuts, alongside more traditional reasons such as weak finances or overhiring. AI was mentioned in over 50,000 layoffs in 2025, with firms like Amazon, Pinterest and HP linking cuts to…
SpaceX has asked US regulators for permission to deploy up to one million satellites to power space-based AI data centres using solar energy. The plan follows talks between SpaceX and Elon Musk’s xAI about a possible merger ahead of a…
Shares of videogame companies fell sharply on Friday after Google launched its AI model, Project Genie, which can create interactive digital worlds from text or images. Take-Two, Roblox, and Unity dropped 9–19% as the technology could disrupt traditional game development.…
Nvidia CEO Jensen Huang said the company plans to make a “huge” investment in OpenAI, likely its largest ever, denying reports of unhappiness with the ChatGPT maker. The chipmaker had previously announced a potential $100 billion investment to help OpenAI…
Towards this end, the AI major has been bolstering its finance team by hiring a chief accounting officer and a corporate business finance officer to handle investor relations. Meanwhile, OpenAI executives are privately worried that competitor Anthropic could list first.…
Indian tech and ecommerce companies earned close to Rs 80,000 crore in ad revenue in 2024-25. Digital advertising fueled this growth as brands sought measurable results. Google and Meta lead with strong performance. Retail media platforms like Amazon and Flipkart…
Reliance Industries has led a $50 million funding round in spacetech startup Digantara, valuing the firm at about $200 million. The Bengaluru-based company tracks satellites and space debris using its own space-based technology and plans global expansion. The funding will…
The minister also pointed to the growing appeal of smaller models over large, frontier AI models. He cited rapid shifts in computing in the past, from mainframes to personal computers, and noted just how quickly dominant technologies can be disrupted.
Startups across multiple stages raised the funds through 112 deals, compared to 210 in the year-ago period.
A new trade deal between India and the European Union promises more technology sharing and collaboration. This agreement is expected to boost productivity for both sides. Indian industries, especially manufacturing and labour-intensive sectors, will see a stronger outlook. The pact…
Samir Bodas, cofounder, and former CEO of enterprise software firm Icertis, has passed away after battling with cancer, the company said on Thursday.
AI pioneer Yann LeCun argues large language models are a dead end for achieving human-level intelligence. After leaving Meta, he criticizes Silicon Valley’s herd mentality, defends open source and pursues alternative AI systems that can plan, learn from the real…
ASML shares are up 34% so far this month and trade at 42 times 2026 earnings estimates, well above Nvidia’s 25 times, as analysts have ratcheted up forecasts. ASML management sees sales growth this year ranging from as low as…
TikTok evolved from a teen dance app into a dominant US platform shaping culture, commerce and politics.
Overwhelmed parents and students increasingly use AI chatbots for college planning, research and reassurance. Tools offer constant, affordable guidance amid scarce counselors, but experts warn inaccuracies, flattery and outdated data can mislead applicants and cannot replace human judgment entirely reliably.
Operating revenue rose 23% to Rs 744 crore from Rs 601 crore a year earlier, driven by higher digital transaction volumes, value-added services linked to card payments, and affordability products. Growth in overseas markets also helped diversify revenue streams.
A preliminary settlement with the Alphabet unit was filed late Tuesday night in the San Jose, California, federal court, and requires a judge’s approval. Google denied wrongdoing in agreeing to the settlement, which covers users of Android-powered mobile devices since…
Speaking at the launch of the app, the Ministry of Electronics and IT Secretary S Krishnan said the government has amended Swik Rules or the Aadhaar Authentication for Good Governance (Social Welfare, Innovation, Knowledge) Rules, 2020 to enable private entities…
The expanded definition would include deep-tech, cooperatives and allow startups to pivot to deep-tech, the official said. The government has taken a series of measures to promote the startup ecosystem in the country to boost innovation.
The issue will consist of a fresh issue of shares worth Rs 660 crore and an OFS of about 2.8 crore shares, aggregating to around Rs 1,300 crore, sources said. Shareholders, including Nexus Venture Partners, Peak XV Partners, Jungle Ventures,…
Shein could face an EU investigation on the sale of illegal products on its platform, but is unlikely to be hit with an order to suspend its website, a senior European Commission official said on Tuesday.
Money launderers received at least $82 billion in cryptocurrencies last year, up sharply from $10 billion in 2020, driven in part by fast growth among Chinese-speaking groups, blockchain researchers said on Tuesday.
Khosla’s response to a Musk post in September kicked off the latest spat. The founder of Khosla Ventures has accused the owner of Tesla and X of promoting a racist ideology.
France’s National Assembly passed a bill in a marathon overnight session that would impose a minimum age for using social media, becoming the first country in Europe to follow Australia, which banned under-16s from TikTok, Snapchat, Facebook and other sites…
California Governor Gavin Newsom said Monday he was launching a probe into allegations that TikTok censored content critical of US President Donald Trump. The Democratic governor is one of Trump’s most vocal critics and has accused the president’s administration of…
A surge in corporate spending across the AI supply chain, from data center infrastructure to chips and power, has helped lift equity markets even as worries grow over a potential market bubble and the boom’s sustainability.
Google will pay $68 million to settle a lawsuit. The suit claimed its voice assistant spied on smartphone users. This violated privacy. Users accused Google of recording private conversations. This was done to send targeted advertising.
WhatsApp is set to face greater EU scrutiny after the European Commission on Monday added the platform to its list of digital firms big enough to face stricter content rules. The Meta-owned company joins Facebook, TikTok, X and others in…
Nvidia is investing $2 billion in CoreWeave, which is set to focus on expanding their AI infrastructure and computing power.
Infosys has restricted extra work-from-home days, allowing only limited exceptions with proof. Staff must mostly attend offices, following similar moves by TCS and Wipro. Industry experts say the need for a better collaborative environment amid rapidly shifting project timelines has…
American workers are using artificial intelligence at work, with many now relying on it daily for writing, research and admin tasks. Use is highest in technology, finance and education, while service jobs lag behind. Most workers are not afraid of…
The Enforcement Directorate has charged online gaming firm WinZO and its promoters, accusing it of rigging real-money games using bots and AI. Investigators say users lost Rs 734 crore after being misled into unfair play. The agency also alleged that…
Eternal’s December-quarter results show uneven performance across businesses. Blinkit and Hyperpure improved, helped by inventory ownership, margin accretion and early Ebitda profits, even as revenue patterns shifted sharply. Newer businesses such as District and Bistro are still making losses, which…
The conversation took place at the World Economic Forum in Davos and was moderated by Dan Roth, editor-in-chief of LinkedIn. Nadella pointed out that history shows general-purpose technologies create real value only when they are widely adopted across the economy,…
Public discourse increasingly frames artificial intelligence in religious, even apocalyptic terms. Podcasters, writers and tech elites liken AI to messiahs, prophets or antichrists, reflecting humanity’s ancient impulse to anthropomorphize mysterious technologies and grant algorithms divine authority in contemporary media culture.