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ai news

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)
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)
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.
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.
Published on Aug 02, 2026 11:41 am IST

Employee reflects on job security after colleagues lose jobs in layoffs

After surviving layoffs, an employee said he felt guilty and feared how quickly any job could disappear.
Published on Aug 02, 2026 12:00 am IST

Sam Altman slammed after sharing ChatGPT parenting tip for parents

Sam Altman's post reignited debate over AI's role in parenting.
Updated on Aug 01, 2026 10:36 am IST

IIM Kozhikode launches executive program in product innovation with AI

IIM Kozhikode launches executive program in product innovation with AI and Agentic AI for professionals
Published on Jul 31, 2026 05:27 pm IST

Job seeker shares AI interview tips that helped him land 1.5 crore job

Job seeker’s AI interview strategy leads to new role.
Updated on Jul 31, 2026 05:27 pm IST

Who is Leopold Aschenbrenner? Net worth, family as AI hedge fund faces setback

Leopold Aschenbrenner's AI hedge fund, Situational Awareness LP, sold the bulk of its public equity portfolio to Ken Griffin's Citadel after suffering steep losses in AI infrastructure stocks.
Published on Jul 31, 2026 09:39 am IST

Situational Awareness unwinds hedge fund with up to $24B after AI bets fail

Leopold Aschenbrenner's Situational Awareness unwound its hedge fund with up to $24B after leveraged AI and software bets turned into steep losses. (Pexel/Representative image)
Updated on Jul 31, 2026 07:12 pm IST

Why Nvidia, Nebius, Amazon and AI stocks are soaring after Azure growth

Nvidia, Nebius, Amazon and AI stocks rallied after Microsoft Azure posted strong growth, boosting confidence in AI demand and cloud spending. (AP Photo/Yuki Iwamura)
Published on Jul 31, 2026 12:12 pm IST

Microsoft spends $41 billion on AI as Azure revenue jumps 43%, beats estimates

Microsoft's $41 billion AI investment boosts Azure growth, beats earnings estimates and lifts investor confidence as cloud demand continues to rise. (Photographer: David Paul Morris/Bloomberg)
Updated on Jul 31, 2026 07:12 pm IST

Why did a Pentagon AI photo spark confusion among netizens?

The image, shared by the Department of Defense Chief Technology Office on X, quickly went viral, with users questioning whether the US military was using generative AI to plan warfare.
Published on Aug 01, 2026 11:27 am IST

Single-minded agents may not be evil, but need reins

Artificial intelligence is reshaping industries, economies, and everyday life at an unprecedented pace.
Published on Jul 31, 2026 05:27 pm IST

Why leverage made the AI chip sell-off much worse

Why leverage turned the AI chip sell-off into a market rout as leveraged ETFs, margin calls and forced selling magnified losses for investors worldwide. (Photographer: Michael Nagle/Bloomberg)
Updated on Jul 29, 2026 05:32 pm IST

Why Wall Street is growing skeptical of big tech's AI spending before earnings

Wall Street questions Big Tech's AI spending as Microsoft and Meta face investor scrutiny over soaring capex, cash flow pressure and AI returns. (Photo by ANGELA WEISS / AFP)
Updated on Jul 29, 2026 04:33 pm IST

Milestones, dual messaging, untrustworthy AI and vibes

AI Leadership
Published on Jul 29, 2026 08:42 pm IST

Bengaluru man asks how people afford 2.5–6 crore flats amid layoffs

A Bengaluru man wonders how buyers manage 1–1.5 lakh EMIs for 2.5–6 crore Bengaluru flats.
Published on Jul 28, 2026 08:40 pm IST

Visa layoffs: 2,600 jobs to go before key earnings report

Visa plans to cut 2,600 jobs ahead of earnings as it focuses on efficiency. (REUTERS/Florence Lo/File Photo)
Updated on Jul 28, 2026 10:46 pm IST

Apple overtakes Nvidia to become world's most valuable company again

Apple overtakes Nvidia as the world's most valuable company after AI chip stocks fall
Updated on Jul 28, 2026 06:48 pm IST

XLRI Delhi-NCR launches PGDM IEV cohort focused on innovation

Senior HR professionals build strategic and analytical capabilities through XLRI Jamshedpur’s Advanced Strategic HR and Analytics programme, designed for future CHRO leaders.
Published on Jul 28, 2026 04:47 pm IST

Build it right: Why India's AI advantage starts with infrastructure

As India transitions to the execution phase of AI, 96% of government leaders are pursuing Sovereign AI.
Published on Jul 28, 2026 03:51 pm IST

Microsoft, Meta, Amazon earnings put S&P 500 AI rally to the test

Microsoft, Meta and Amazon earnings could test the S&P 500 as investors watch AI spending (Photo by Michael M. Santiago / GETTY IMAGES NORTH AMERICA / Getty Images via AFP)
Updated on Jul 27, 2026 10:05 pm IST

Sam Altman warns against ‘very bad’ AI monopolies after Satya Nadella statement

Sam Altman warns AI monopolies are "very bad" as Satya Nadella says trust, open ecosystems and US AI leadership will help beat Chinese AI competition. (Pexel/Representative image)
Published on Jul 28, 2026 06:04 am IST

'A part of me was stolen': Actors say AI copied faces, voices and careers

Actors claim AI copied their faces, voices and performances without consent, raising fears over jobs, deepfakes and AI replacing human talent in micro dramas. (Pexel/Representative images)
Updated on Jul 27, 2026 05:04 pm IST

Will AI replace your job? Degrees and skills that have best future

Will AI replace your job? Degrees and skills that have best future
Updated on Jul 27, 2026 04:59 pm IST

OpenAI AI agent hacked Hugging Face, went undetected for days: Report

OpenAI's AI agent reportedly hacked Hugging Face after escaping testing, remaining undetected for days and raising fresh concerns over AI safety. (AP Photo/Michael Dwyer, File)
Updated on Jul 27, 2026 12:42 am IST

Why Silicon Valley is divided over Chinese AI: The battle over open vs closed AI

Why Silicon Valley is divided over Chinese AI as OpenAI, Microsoft and Nvidia clash over open-source AI, security, innovation and the US-China tech race. (AP Photo/Ng Han Guan)
Updated on Jul 26, 2026 11:48 pm IST

What is Seller, Meta's new Facebook marketplace app for online sellers?

Seller, Meta's new Facebook Marketplace app helps sellers manage listings, use AI tools, verify accounts and grow their online business. (REUTERS/Dado Ruvic/Illustration/File Photo)
Updated on Jul 26, 2026 08:04 pm IST

The $1,500 question: Will Apple's costliest iPhone yet still win over buyers?

Apple's new Upgrade plan aims to soften a possible $1,500 iPhone 18 Pro Max price as Tim Cook warns AI chip shortages (REUTERS/Priyanshu Singh REFILE - QUALITY REPEAT/File Photo/File Photo)
Updated on Jul 26, 2026 06:45 pm IST