Economic Times
The project, part of Musk's xAI artificial intelligence business, sits in an old manufacturing plant on more than 550 acres. Before beginning operatio
Satya Nadella’s compensation jumped by 63% in 2024 to $79.1 million, driven by an increase in stock awards. He requested a reduction in cash incenti
The Amsterdam-based company's quarterly revenue surged to $43.3 million in the third quarter, compared with $5 million a year earlier. Excluding items
Apple achieved a new revenue record in India for the quarter ending September 2024, with a 6% revenue increase globally. CEO Tim Cook announced the op
Widely perceived to have relinquished an early lead on AI development to rivals like Microsoft-backed OpenAI, Google has attempted to catch up by inco
Pat Gelsinger, Intel's CEO, had ordered the restructuring in August in response to shrinking profit margins caused by the costs of catching rivals in
A Pennsylvania state judge delays a lawsuit to stop Elon Musk's $1 million voter giveaway, which supports Donald Trump. District Attorney Larry Krasne
OpenAI has enhanced its ChatGPT AI chatbot with real-time search engine capabilities, allowing users to get fast, up-to-date answers with links to rel
Most of them are making acquisitions to strengthen their capabilities so that they do not miss out when technology spending, especially in discretiona
The Nasdaq-listed technology major saw its third quarter revenue growing by 4% sequentially at $5 billion. On a year-on-year (YoY) basis, the revenue
Amazon said in a federal court filing on Wednesday in Seattle that the consumers had failed after years of litigation to show it engaged in unfair or
Microsoft and Meta both said on Wednesday their capital expenses were growing due to their AI investments. Alphabet , too, reported on Tuesday that th
Google stopped serving ads to users in Russia in March 2022 and paused monetisation of content which it deemed to exploit, dismiss or condone Russia's
The European Commission opened its investigation five months after adding Temu to the list of "very large online platforms" needing the strictest leve
Nvidia will have to formally seek its approval for the deal, following a request from the Italian competition authority which received an application
Firms announced 55,597 layoffs last month, down 23.7% from the 72,821 announced in September. Year-to-date announced staff reductions of 664,839 throu
The app’s main revenue streams are subscriptions from resident welfare associations (RWAs) and advertising partnerships, with most of its revenue ge
The cuts amounted to about 400 of the company's roughly 2,600 employees. Kraken named Arjun Sethi, a longtime Silicon Valley executive, as co-CEO, alo
The South Korean technology giant said its operating profit for the July-September period increased by more than 277 per cent from a year earli
The new line of MacBook Pro laptops will start at $1,599, with the higher-end versions sporting more powerful M4 Pro and M4 Max processors.
