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The CFTC sued New York, alleging the state's lawsuits against prediction market operators like Coinbase and Gemini infringe on federal regulatory authority. New York's Attorney General argued these markets are gambling and violate state consumer protection laws, a stance criticized by the CFTC as ov
Related Digital has secured $16 billion in financing for its Michigan data centre campus, a project for Oracle. The funding includes equity from Related Digital and Blackstone, alongside long-term debt financing anchored by PIMCO-managed funds. This development is part of a broader push by tech gian
Wikimedia Foundation reached a compromise with the Indonesian government, averting a potential Wikipedia block. The foundation secured assurances against unlawful content takedowns and data disclosure, resolving concerns over invasive domestic registration rules. This agreement allows Wikimedia to p
Nvidia has achieved a historic milestone. The chipmaker is now the world's most valuable listed company. Its market capitalization has surpassed five trillion dollars. This surge places Nvidia ahead of tech giants like Alphabet and Apple. The company's success is driven by its crucial role in supply
OpenAI is offering $25,000 to security researchers who can bypass the safety guardrails of its new AI model, GPT-5.5, through a "bio bug bounty" programme. This initiative invites vetted experts to find universal "jailbreak" prompts, marking a significant step in external adversarial testing for AI
In its intervention, the Justice Department said the law violates the Fourteenth Amendment's equal protection guarantee by requiring companies to guard against unintended discriminatory effects while allowing some discrimination aimed at promoting diversity.
Indian IT stocks faced significant pressure following mixed quarterly results from major players like Infosys. While TCS reported profit growth, its annual revenue saw a decline. Infosys's profit beat expectations but revenue fell short, leading to a lowered growth forecast.
According to data shared by the company, average daily orders in hyperlocal commerce grew over 300% year-on-year in the fourth quarter and 29% quarter-on-quarter, indicating growing consumer adoption and a wider delivery footprint.
Instacart cofounder Apoorva Mehta launched Abundance, a hedge fund utilising thousands of AI agents to independently manage trades, research, and stock selection. This innovative approach aims to replace human portfolio managers entirely, with some strategies already operating solely on AI. Mehta be
Google is investing a massive $10 billion in AI firm Anthropic. This deal could reach $40 billion, strengthening ties between the two tech giants. Anthropic's AI tools are seeing huge demand. Google aims to boost its chip and cloud services business. This partnership highlights the intense competiti
Women face significant hurdles in India's deeptech sector, with entry-level representation as low as 0-10% for many firms. Despite steady job-seeking, structural barriers hinder career progression and create pay perception gaps. Employers acknowledge workplace structures impact opportunity access, y
Startup funding saw a 33% year-on-year decline, with $66 million raised in the week to February 24, though this was a 43.8% increase from the previous week. Cheque sizes also reduced, with fewer deals this year. Top VCs included Rainmatter, All In Capital, and Blume Ventures.
Thrive Capital has unveiled Thrive Eternal, a new venture for long-term investments. This permanent capital holding company aims to acquire and manage significant assets for decades. Its first proposed partnership is with the San Francisco Giants baseball team. This move signifies Thrive Capital's e
Chinese AI startup DeepSeek has launched V4, a new model designed for Huawei chips. This move strengthens China's drive for an independent AI sector. The V4 model comes in Pro and Flash versions, offering advanced capabilities. DeepSeek's adaptation for Huawei hardware signals progress in domestic A
American chip stocks hit new peaks on Friday. Intel's strong revenue forecast boosted optimism about the ongoing AI boom. The semiconductor sector is seeing significant earnings growth. Companies like AMD and Arm also saw their shares climb. Nvidia, the world's most valuable company, also rose. This
Canadian AI company Cohere is acquiring German tech startup Aleph Alpha. This move aims to expand Cohere's reach in regulated European markets. Investor Schwarz Group will also inject $600 million into Cohere's upcoming funding round. The partnership seeks to offer secure, customized AI solutions ac
Infosys saw its employee base decrease by 8,440 in Q4FY26, despite reporting higher quarterly profits. The IT major's total headcount stood at 3,28,594 at the end of March 2026. This quarterly dip contrasts with a year-on-year increase of 5,016 employees.