Bank of America will acquire up to a 49.9% stake in Jio Credit for $1.9 billion, strengthening its presence in India’s financial sector.
Author: Nileena Sunil
Anthropic is considering purchasing AI startup Decart for $60 billion, making it the AI giant’s largest acquisition so far.
Google is holding its Made by Google 2026 event on Wednesday, unveiling new products including Pixel 11 series, the Pixel Watch 5, and Pixel Tag, a competitor to Apple Tag.
Los Angeles Lakers are to be sold to businessmen Bob Iger and Joshua Kushner for $12.5 billion.
Bank of America said it will deploy $250 billion by July 2027 to support U.S. digital and infrastructure projects.
Google CEO Sundar Pichai revealed on X that over 1 billion people are now using the Gemini AI app strengthening its position against ChatGPT
Kevin Weil, former product officer of OpenAI, is seeking a valuation of at least $750 million for a new startup.
Trump administration lifts TikTok restrictions on federal devices after U.S. ownership restructuring addresses national security
Discovered Materials recently closed a $9M seed round to use AI agents to build efficient integrated circuits.
More than 10 customers have signed up for Truth API, which allows faster access to market-moving posts on Truth Social
Y Combinator-backed Stratum launches AI agents to help clear U.S. government backlogs involving permits, licenses, patents, and claims.
Nvidia it is working with six Wall Street firms to launch compute financing platforms to raise $500 billion for AI buildout.
Chipmaker Intel announced a $15 billion common stock offering to support rising AI demand.
DHS expands the 9/11 response fee to cover certain H-1B and L-1 visa extension petitions filed by employers.
China is channeling its $28 trillion capital markets into AI and technology, intensifying its competition with the United States.
Meta will release AI model weights and launch Muse Glimmer as Zuckerberg strengthens the company’s open-source AI strategy.
An independent report details more than 70 sexual abuse allegations at Michigan’s Interlochen arts school, including cases linked to Epstein.
Indiaspora’s “From Risk to Recovery” panel explores stroke risks, prevention and recovery among South Asians.
U.S. employers unexpectedly cut 23,000 jobs in July, while gains in the previous two months were revised sharply lower
U.S. workers’ share of GDP fell to a record low in 2026, as automation, globalization and weaker unions reshape economic gains
Indian PhD student Vikram Mubayi was found dead after going missing during a solo hike in California’s Big Pine Lakes area
Elon Musk’s SpaceX and Tesla will be investing $16.8 billion to build Terafab, an advanced AI semiconductor complex in Grimes County, Texas
Jason Arday resigns following plagiarism allegations as the university investigates new claims about his academic qualifications
Hackers targeted Wall Street financial firms and money managers in a “vishing” attack involving phone calls.
OpenAI researcher Bashkansky joins Conduit to develop thought-to-text AI using non-invasive neural data for future brain-computer interfaces

