Elon Musk’s xAI secures $10Bn, valuation past $200Bn

Elon Musk’s artificial intelligence company xAI, has reportedly raised $10 billion in…

OpenAI could spend $100Bn in renting backup servers for AI computing, research: Report

OpenAI is reportedly preparing to spend around $100 billion over the next…

Furniture retailer Pepperfry, which raised $300Mn in external funding, to be acquired in undisclosed deal

TCC Concept, a listed small cap firm on Indian public markets, has…

Nvidia buys stake in Intel in $5Bn deal, will co-develop next-gen chips

Nvidia has announced it will invest $5 billion in Intel, buying common…

Urban Company makes public market debut at nearly 60% premium

Indian home services upstart Urban Company made a splashing public market debut…

US traffic safety regulator launches new probe into Tesla Model Y over alleged faulty door handles

The US National Highway Traffic Safety Administration (NHTSA) has launched a preliminary…

PayPal rolls out one-time payment links with plans to support cryptocurrency

PayPal has launched a new feature called ‘PayPal Links’ that allows users…

Hike to shut down after India’s real-money gaming ban, confirms founder Kavin Bharti Mittal

Kavin Bharti Mittal, the founder of Hike and son of Bharti Enterprises…

Bending Spoons to acquire YouTube competitor ‘Vimeo’ for $1.38Bn

Vimeo, a rare prominent competitor to Google’s YouTube, will be acquired by…

Microsoft Azure services affected by Red Sea cable damage before coming back online

A series of fiber optic cable outages in the Red Sea this…

Atlassian is acquiring The Browser Company for $610Mn

Atlassian has announced that it will acquire The Browser Company, the startup…

India’s Urban Company and boAt secure regulator nod for IPOs

Urban Company (the home services platform) and Imagine Marketing (the parent of…

OpenAI to build gigawatt-scale data center in India as part of $500Bn Stargate project: Report

OpenAI is reportedly planning to establish a massive data center in India.…

Meta could use AI models from Google and OpenAI on its social media platforms

Meta is looking at the possibility of using artificial intelligence (AI) models…

Meta hosted AI chatbots that posed as celebrities without permission: Report

Meta’s social media platforms, including Facebook, Instagram, and WhatsApp, were reportedly found…

Reliance and Meta announce $100Mn joint venture to build India-focused open-source AI solutions

Reliance Industries Limited (RIL) and Meta (the social media giant) have announced…

AI hardware drives record $46.7B Nvidia revenue in Q2 amid geopolitical challenges

Nvidia, the chip manufacturing giant, has reported its second-quarter financial results for…