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Billionaire Elon Musk took the stand Tuesday to accuse OpenAI and its boss Sam Altman of betraying the AI company's altruistic origins, in a trial that could have far-reaching consequences for the industry and oblige the ChatGPT maker to profoundly revamp its business. At the heart of the case is Mu
The White House is developing guidance that could allow federal agencies to sidestep Anthropic's supply-chain risk designation and onboard new artificial intelligence models, including Mythos, Axios reported on Tuesday.
The avocado toasts and baristas making foamy lattes make it look like any other cafe, except at this one, located in a Stockholm residential neighbourhood, artificial intelligence (AI) is running the place. Once the premises were found, the lease, along with some starting capital, run the cafe profi
Australia plans to tax Meta, Google, and TikTok. This aims to fund news reporters. The government will introduce legislation by July 2. Platforms not striking deals will face a 2.25 per cent revenue tax. This initiative seeks to ensure investment in journalism for a healthy democracy. The government
A US agency abruptly closed an investigation into claims that Meta Platforms can access encrypted WhatsApp messages. A Commerce Department investigator concluded Meta stores and views WhatsApp messages, but his agency shut down the probe shortly after he shared his findings with other federal offici
Google abruptly withdrew from a $100 million Pentagon prize challenge for autonomous drone swarms after an internal ethics review. The company cited "resourcing" as the official reason for pulling out of the initiative, which aims to enable voice-controlled drone swarm operations. This decision foll
Elon Musk and OpenAI boss Sam Altman faced off in a California federal court Tuesday in a blockbuster trial that could have far-reaching consequences for the AI industry and oblige the ChatGPT maker to profoundly revamp its business. - 'Scam Altman' - Moments ahead of the opening statements, Musk an
A high-stakes trial has begun over OpenAI's future. Elon Musk is suing the AI company, alleging it abandoned its mission to benefit humanity. He claims OpenAI, led by Sam Altman and Greg Brockman, became a profit-driven business. OpenAI's lawyers argue Musk wanted control and sued after his plans fa
India's digital investment boom is fueling a surge in cybercrime, with financial fraud leading the charge. Criminals are increasingly using GenAI to create convincing scams, making it crucial for investors to exercise skepticism. Legitimate platforms never guarantee returns or send third-party agent
Eternal, which runs Zomato and Blinkit, saw its March quarter revenue surge threefold and net profit rise 4.5 times. Quick commerce margins improved significantly. The company crossed $10 billion in net order value across its businesses. This figure is expected to double in two years. Blinkit's grow
OpenAI is now available on Amazon's cloud. This move follows a contract change with Microsoft. OpenAI's AI models and coding agent can be accessed on Amazon Web Services. Customers can now build AI agents using OpenAI's frontier models directly on AWS. This partnership aims to boost OpenAI's computi
The European Union is expanding its Digital Markets Act to cover cloud and artificial intelligence services. This move aims to ensure fairer competition in these growing digital sectors. Regulators are examining if major companies like Amazon and Microsoft should be designated as gatekeepers for the
A high-stakes trial between AI pioneer Elon Musk and OpenAI, co-founded by Musk, has commenced. Musk alleges the company, now a for-profit entity, has strayed from its original mission. The proceedings will first determine liability, with a jury's verdict being advisory, before potentially moving to
Amazon is pushing the boundaries of recruitment with their latest AI interview software, designed to conduct sessions automatically and speedily for seasonal positions. This revolutionary approach is paired with the launch of 'humorphism', a design concept that prioritizes a human touch in artificia
Go Digit General Insurance reported a 6.2% increase in gross written premium to Rs 2,736 crore for the March quarter, driven by robust motor insurance sales and cost control. Net profit rose 28% year-on-year to Rs 149 crore. The company closed FY26 with Rs 11,294 crore in gross written premium.
SpaceX's board has approved a compensation plan for Elon Musk. This plan includes rewards for colonising Mars and establishing data centres in space. These ambitious goals are linked to super-voting shares. The company aims for a $7.5 trillion market value. This compensation structure highlights the
Fintech startup Credilio Financial Technologies has secured Rs 78 crore in funding led by Cornerstone Ventures, alongside Rs 23 crore in venture debt. The company aims to expand its customer base from one lakh to 50 lakh within three years, targeting underserved segments in tier II and smaller towns
China has blocked Meta's acquisition of AI startup Manus. This move signals increased risk for global investors in advanced tech firms linked to China. Beijing is safeguarding strategic assets. The decision discourages stake or asset transfers by Chinese firms to foreign entities without approval. T
Infosys management remained non-committal on salary revision timelines during a recent town hall, citing macroeconomic conditions and client spending. Employees expressed disappointment as the company has not yet decided on wage hikes, with a four-month delay in communication already observed. This