xAI recorded $1.46Bn quarterly loss, burnt through $8Bn in first nine months of 2025, reveals Bloomberg report

Elon Musk’s AI firm xAI looks to be burning cash at an…

JPMorgan becomes Apple Card issuer as Goldman Sachs exits amid rising losses

Apple is changing the bank behind its credit card. JPMorgan Chase will…

Foxconn hits record Q4’25 revenue of over $82 Bn driven by strong AI demand

Yet another chip company is reaping rich dividends, thanks to the AI…

China’s BYD overtakes Tesla as global EV leader with 2.26Mn sales, while Tesla slips to 1.64Mn

Tesla’s grip on the global EV market is loosened further, show the…

SoftBank completes $40bn investment in OpenAI, acquiring 11% stake in the process

SoftBank is ending the year with the completion of its long-anticipated investment…

Warner Bros. set to reject Paramount’s $108Bn hostile takeover bid despite Larry Ellison backing

Warner Bros. Discovery is reportedly preparing to shut the door on Paramount’s…

SoftBank backs DigitalBridge with $4Bn to expand its global AI infrastructure network

SoftBank is betting big on strengthening its digital infrastructure by acquiring the…

Nvidia completes $5Bn investment in Intel that will result in co-developed AI chips

Intel has completed the sale of 214.78 million common shares to chipmaking…

India’s Coforge is buying US-based Encora in $2.35Bn all-stock deal to expand AI capabilities

As the battle for AI and digital engineering intensifies, Indian IT services…

ServiceNow to strengthen cybersecurity capabilities with $7.75Bn Armis acquisition

ServiceNow is making a big, expensive bet on cybersecurity. The enterprise software…

Alphabet is acquiring ‘Intersect’ for $4.75Bn to power its AI infrastructure

Alphabet is making a major infrastructure bet to keep pace with the…

Nvidia gears up to resume AI chip sales to China from 2026

Nvidia is preparing to start the upcoming year with a resumption in…

Larry Ellison backs Paramount’s $108Bn Warner Bros bid with $40.4Bn personal guarantee

The Warner Bros. acquisition deal is taking another twist as Larry Ellison…

Coursera to acquire Udemy in $2.5Bn merger that will run an AI-focused learning platform

Coursera is making a big bet on consolidation in online education by…

Warner Bros. urges shareholders to reject $108Bn Paramount bid, with Netflix welcoming the move

Warner Bros. Discovery is pushing back against a $108 billion hostile takeover…

Intel looks to buy SambaNova for $1.6B as it plays catch up in AI

Facing intense pressure from rivals dominating the AI hardware market, Intel is…

Dream Sports splits into eight startups as real-money gaming ban forces major pivot

Dream Sports, the company behind India’s largest fantasy sports platform Dream11 that…

Amazon is committing $35Bn to India’s AI and e-commerce growth

Amazon just made a massive bet on India’s tech and e-commerce ecosystem,…

Microsoft bets $17.5Bn on India’s AI and cloud infrastructure amid global AI rush

The global AI race is heating up, and India is emerging as…