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ai

Amazon’s AI bet pays off as Jeff Bezos gets $25 billion richer

Amazon AI spending is paying off as strong cloud growth sends shares higher and adds $25 billion to Jeff Bezos’ net worth. (REUTERS/Abdul Saboor)
business
Updated on Aug 02, 2026 10:39 pm IST

Wall Street AI boom faces test as SpaceX earnings, US jobs data arrive

SpaceX earnings, US jobs report and AI spending will test Wall Street’s rally as investors look for signs of real returns from the AI boom. (Photo by ANGELA WEISS / AFP)
business
Updated on Aug 02, 2026 09:15 pm IST

Why are SpaceX investors asking Elon Musk to paint Starship pink?

SpaceX investors ask about Starship, AI, Starlink and a pink rocket as Elon Musk prepares for the company’s first earnings call as a public company. (Pexel/Representative image)
business
Updated on Aug 02, 2026 06:43 pm IST

‘We are not creating new jobs’: Sridhar Vembu flags AI’s impact on IT hiring

Sridhar Vembu said rising AI and data centre costs had slowed job creation in India’s IT sector.
trending
Published on Aug 02, 2026 02:49 pm IST

Leopold Aschenbrenner set to marry Anthropic CEO’s chief of staff

Leopold Aschenbrenner is celebrating his wedding weekend with Anthropic executive Avital Balwit.
trending
Published on Aug 02, 2026 11:41 am IST

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Ranveer Singh as Jack Sparrow? AI imagines desi actors as Hollywood heroes

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Anthropic ban, Apple’s 1999 masterstroke and US govt fight over AI technology

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