Despite estimate-beating earnings, Meta stock tanks as $16Bn US Tax Charge hits profits

Meta’s shares fell as much as 9% in after-hours trading on Wednesday…

Microsoft Azure and 365 back after global outage, thousands report access issues

Thousands of Microsoft users across the globe faced a major service disruption…

Nvidia nears becoming world’s first $5Tn company amid global AI boom

Nvidia is close to becoming the first company in history to reach…

Mem0 raises $24Mn to build memory layer for forgetful AI agents

With frequent use of LLM-driven AI models, a peculiar case that most…

Blume Ventures marks first close of Fund V at $175 million

Bengaluru-based VC firm Blume Ventures, known for it’s early backing of some…

iPhone 17 demand surge drives Apple market cap past $4Tn, third company globally to breach the mark

Tech titan Apple briefly reached a $4 trillion market capitalization on Tuesday,…

Nvidia buys $1Bn stake in Nokia in further AI infrastructure push

Nvidia has announced that it will invest around $1 billion in Nokia.…

OpenAI announces one year of free ‘ChatGPT Go’ access for all users in India

OpenAI has announced that all users in India will receive one year…

OpenAI completes for-profit restructuring, Microsoft secures 27% stake at $500Bn valuation

OpenAI has finally completed its transition to a for-profit structure after receiving…

Microsoft faces Australian lawsuit over alleged Copilot pricing misconduct

Microsoft is now facing a legal challenge from Australian competition regulator, the…

Reliance, Meta set up AI joint venture ‘REIL’ with $100Mn investment

Mukesh Ambani’s Reliance has set up a new artificial intelligence (AI) company…

Instagram gets ‘Watch History’ feature for Reels

Instagram has launched a new ‘Watch History’ feature for its short-video format, Reels,…

EU finds Meta and TikTok breached data access and user rights’ rules under the DSA

The European Commission is once again using its powerful DSA regulation to…

OpenAI acquires AI startup behind Mac interface ‘Sky’ to supercharge ChatGPT on desktops

OpenAI has confirmed that it has acquired Software Applications Inc. (SAI), a…

Anthropic gets 1-Million-TPU boost as Google deepens AI partnership worth billions

AI firm Anthropic has now sealed a multi-year cloud deal with Google,…

OpenAI unveils upcoming features for its AI browser ‘ChatGPT Atlas’, including profiles, tab groups and more

OpenAI is preparing to roll out a series of updates for its…

Apple loses UK App Store lawsuit over 30% commission, faces £1.5Bn payout

Apple has faced a major legal defeat in the United Kingdom (UK)…

Tesla to build AI5 chips with Samsung and TSMC in US

EV giant Tesla will produce its next-gen AI processor – the AI5…

Reddit is suing Perplexity AI and others over alleged unauthorized content scraping

Reddit has filed a lawsuit against the artificial intelligence company Perplexity AI,…

OpenAI launches AI browser ‘ChatGPT Atlas’ to take on Chrome, challenge Perplexity’s Comet

OpenAI has launched ChatGPT Atlas, a new AI-powered web browser aimed at…