Ubisoft forms a new €4Bn subsidiary with China’s Tencent amid financial struggles

Ubisoft has announced the formation of a new subsidiary that will consolidate…

India’s quick commerce drives ‘two-thirds’ of e-grocery orders in 2024: Report

India’s quick commerce sector is witnessing rapid growth. And a new report…

OpenAI projects $12.7Bn revenue in 2025, expects to be cash-flow positive by 2029: Report

OpenAI reportedly has internally projected that its revenue will more than triple…

India demands $601Mn from Samsung over alleged import tax evasion

The Indian government has reportedly imposed a $601 million (~ ₹5,145 crore)…

OpenAI, Meta explore AI partnership with India’s Reliance: Report

OpenAI and Meta (the parent firm of Facebook, Instagram and WhatsApp) are…

Elon Musk’s X secures nearly $1Bn in equity funding as it looks to reduce debt: Report

Elon Musk-owned micro-blogging platform, X (formerly Twitter), has reportedly secured nearly $1…

Musk’s xAI and Nvidia join Microsoft-BlackRock’s $30Bn ‘AI Infrastructure Partnership’

Nvidia and Elon Musk’s xAI have joined the AI Infrastructure Partnership (AIP),…

Amazon plans to cut 14,000 managerial roles amid cost-cutting push: Report

Amazon is reportedly planning to reduce its global management workforce by approximately…

Google to acquire ‘Wiz’ for $32Bn

After months of speculation and one failed attempt earlier, Google has now…

Google plans to partner with MediaTek to develop next-gen AI chips: Report

Tech behemoth Google is reportedly planning to collaborate with MediaTek to produce…

OpenAI releases new APIs and tools for businesses to create AI agents

OpenAI has introduced a new set of APIs and tools to empower…

OpenAI signs $11.9B deal with CoreWeave for AI cloud services

With Microsoft and OpenAI playing each other openly in the AI cloud…

DOJ still demands Google to sell Chrome browser over search monopoly: Report

The US Department of Justice (DOJ) has recently suggested that Google should…

Tesla signs deal for first India showroom in Mumbai: Report

In further signs of Tesla’s accelerated India entry, facilitated by the recent…

TSMC announces $100Bn investment in the US to build three new semiconductor factories

Taiwan Semiconductor Manufacturing Company (TSMC), one of the world’s largest semiconductor manufacturers,…

DeepSeek claims ‘theoretical’ daily cost-profit ratio of 545%, though actuals could be lower

Chinese AI startup ‘DeepSeek’ which already wrecked havoc across the Western AI…

ED issues show-cause notice to Paytm for alleged ₹611 crore FEMA breach

Paytm’s parent company, One97 Communications Limited received a show-cause notice from India’s…

Byju Raveendran accuses firms, individuals of “criminal collusion”, pens note

Byju Raveendran, the founder of the struggling edtech company Byju’s, has now…

Nvidia blows past Wall Street estimates in Q4, generates $39.4bn in revenue

Chipmaker Nvidia reported a rise in its financials for the quarter ended…

Google Cloud division faces job cuts amid Alphabet restructuring

Google has reportedly laid off some employees in its cloud division, but…