Elon Musk drops fraud allegations in OpenAI lawsuit as jury selection begins in high-stakes AI trial

Elon Musk has dropped the fraud claims in his lawsuit against OpenAI…

China rejects Meta’s $2Bn acquisition of AI startup Manus after security review by NDRC

China has blocked Meta’s planned $2 billion acquisition of AI startup Manus…

OpenAI ends exclusive cloud agreement with Microsoft, revises revenue-sharing structure

OpenAI is changing its long-standing deal with Microsoft by ending the exclusivity…

OpenAI reportedly working with Qualcomm and MediaTek to build custom chips for AI-first smartphones

OpenAI is reportedly moving beyond software into the highly competitive smartphone hardware…

Oracle lays off over 20,000 employees worldwide as cloud and AI spending rises

Oracle has started laying off over 20,000 employees worldwide, with reports suggesting…

Nvidia hits $5Tn market cap as AI boom continues to power unstoppable rally

Nvidia crossed the $5 trillion market value mark on April 25 after…

X launches standalone ‘XChat’ messaging app on iOS with encryption, calls and group chats

X has introduced XChat, its dedicated messaging app for iOS, after a…

SpaceX, Anduril and others secure $3.2Bn US Space Force contracts for Golden Dome project

SpaceX has been selected as one of the contractors for the US…

RBI cancels Paytm Payments Bank licence over compliance failures

India’s central bank, RBI, has cancelled the licence of Paytm Payments Bank…

Google could invest up to $40Bn in Anthropic in a phased deal

Google is reportedly planning to invest up to $40 billion in AI…

Meta teams up with AWS to deploy ARM-based Graviton CPU chips for AI expansion

Meta has entered into a major long-term agreement with Amazon Web Services…

Instagram quietly rolls out ‘Instants’ app with disappearing photo feature

Instagram has quietly launched a new standalone app called Instants, focused on…

Meta to layoff 8000 employees, won’t hire for 6000 open roles amid heavy AI investment

Meta is reportedly planning a major internal restructuring that includes laying off…

OpenAI releases ‘GPT-5.5’ with major improvement in coding and autonomous task performance

OpenAI has introduced a new frontier model, GPT-5.5, which is being described…

Microsoft offers voluntary exit to 7% of US employees amid increased AI spending: Report

Microsoft has reportedly introduced a voluntary retirement program for a section of…

Krafton, Naver and Mirae Asset announce ₹6,000 crore India-focused Unicorn Growth Fund

Krafton, Naver, and Mirae Asset Venture Investments have launched a ₹6,000 crore…

SpaceX reportedly eyes $28.5Tn ‘Enterprise AI’ market with in-house GPU plans

Elon Musk is positioning SpaceX beyond rockets, informing investors that it is…

Google introduces Gemini Enterprise Agent platform, new AI chips, and more at Cloud Next ’26

At its annual cloud conference, Google Cloud Next 2026, Google announced a…

Microsoft appoints Daniel Shapero as new LinkedIn CEO amid major leadership restructuring and AI push

Microsoft has announced a significant leadership transition at its professional networking subsidiary…

Meta rolls out ‘Live Chats’ feature on Threads amid growing competition with X

Meta is introducing a new ‘Live Chats’ feature on Threads to bring…

OpenAI partners with India’s Infosys to expand enterprise AI deployment

OpenAI is expanding its enterprise reach through a new tie-up with Indian…