Latest News, Updates & Breaking Headlines
Cloudflare outage on November 18 not only disrupted hundreds of tech websites but also finance sector that rely on the IT company’s services, a report has said, noting that the three-hour disruption potentially cost forex and Contracts for Difference (CFD) brokers an estimated $1.58 billion in lost trading volume. The unavailability of services left the…
In a dramatic turn of events in the ongoing AI talent wars, Soumith Chintala, one of Meta’s most influential AI leaders and co-creator of the widely used PyTorch framework, has joined Thinking Machines Lab, the AI startup founded by former OpenAI CTO Mira Murati. This moves comes just months after Murati made headlines for refusing…
Microsoft on Tuesday announced a sweeping cloud infrastructure partnership with artificial intelligence firm Anthropic and chipmaker Nvidia, marking a significant realignment in the technology giant’s AI alliances as it moves further away from exclusive dependence on OpenAI, AP reported.Anthropic, the developer of rival chatbot Claude, said it will commit to purchasing $30 billion worth of…
Jeff Bezos, Amazon’s founder and one of the world’s richest people, is returning to an executive role as co-CEO of the AI startup Project Prometheus. This marks his first formal operational position since stepping down from Amazon in 2021 and signals his renewed focus on cutting-edge technology beyond his space venture, Blue Origin. Project Prometheus…
Google CEO Sundar Pichai recently announced a sweeping investment of $40 billion in Texas through 2027. With this latest investment the company aims to expand its cloud and artificial intelligence infrastructure. Pichai described this initiative as strengthening the city Google calls “home,” includes new data centers in Armstrong and Haskell Counties and promises to reshape…
India is rapidly expanding its global electronics footprint on the back of new free trade agreements, targeted policy reforms and growing investor confidence, industry leaders said. Companies say the shift toward manufacturing-centric policies is reshaping India’s export potential and positioning the country for deeper integration into global value chains.As quoted by news agency ANI, Shiva…
US President Donald Trump imposed 50% tariffs on India in August, 25% of which is a penalty for India’s crude oil imports from Russia. (AI image) India’s exports to the US have grown in October over September, despite the 50% tariffs imposed by American President Donald Trump on Indian goods. However, the exports to the…
Google has announced a significant investment in its US infrastructure, pledging $40 billion toward expansion in Texas through 2027. This represents one of the company’s largest US infrastructure initiatives to date. Google CEO Sundar Pichai confirmed the investment in an online post which has drawn praise from rival tech billionaire Elon Musk, who called the…
Microsoft CEO Satya Nadella has weighed in on the revenue projections from leading artificial intelligence (AI) labs, including OpenAI‘s prediction of reaching $100 billion in revenue by 2027 and Anthropic’s forecast of $70 billion in revenue by 2028. Nadella stated that such high projections are necessary for these independent labs to attract the capital needed…
Thinking Machines Lab, the artificial intelligence startup founded by former OpenAI executive Mira Murati, is reportedly in early discussions to raise a new round of funding at a valuation of roughly $50 billion. According to a report in Bloomberg, the new financing, which has not been previously reported, would more than quadruple the startup’s valuation…
