TSMC raises its full-year revenue forecast and posts record profits, driven by surging global demand for AI chips and strong partnerships across the semiconductor industry.
Author: Nileena Sunil
Nestlé’s new CEO Philipp Navratil announces a global restructuring with 16,000 job cuts, targeting 3 billion Swiss francs in savings to restore growth and investor confidence.
Finnish health tech firm Oura raises $900 million at an $11 billion valuation to expand AI-driven innovations, global reach, and proactive health technologies.
Automaker Stellantis announced an investment of $13 billion as it seeks to expand its manufacturing footprint in the U.S
Broadcom unveils its new Thor Ultra networking chip, designed to connect massive clusters of AI processors and intensify competition with Nvidia in large-scale data centers.
Goldman Sachs economists warn that America’s “jobless growth” era—driven by AI-powered productivity gains and aging demographics—signals a new normal of slower hiring despite robust GDP expansion.
OpenAI CEO Sam Altman announced that ChatGPT will soon relax safety restrictions, introducing friendlier, more human-like, and adults-only erotic features for verified users by year-end.
Boeing delivered 55 jets in September—its strongest month since 2018—yet continues to trail Airbus, as production ramps up and global orders reflect renewed industry rivalry.
Walmart partners with OpenAI to enable Instant Checkout through ChatGPT, marking a major step toward personalized, AI-driven e-commerce experiences.
Goldman Sachs to acquire Industry Ventures for $965M, gaining one of the largest U.S. venture capital portfolios and expertise in secondary and hybrid fund investing.
General Motors faces a $1.6 billion loss as it scales back EV production amid dwindling government support, slower adoption, and changing U.S. policy on electric vehicles.
NASA’s Jet Propulsion Laboratory has laid off 550 employees, about 10% of its workforce, as part of a broad realignment to secure its future operations.
Alphabet, Google’s parent company, will invest $15 billion to build a massive AI data center in Visakhapatnam, marking its largest global AI hub outside the U.S.
OpenAI and Broadcom are collaborating to build and deploy 10 gigawatts of custom AI accelerators, scaling global AI infrastructure with enhanced efficiency, performance, and intelligence.
JPMorgan Chase has announced a decade-long initiative to finance and invest directly in companies deemed vital to U.S. interests
Warner Bros. Discovery has rejected a $20-per-share takeover bid from Paramount Skydance, calling it “too low,” as industry consolidation and streaming competition intensify.
The Trump administration’s layoffs in the Office of Special Education threaten oversight of $15 billion in federal funding and services for 7.5 million children with disabilities.
Former Apple CEO John Sculley says OpenAI is Apple’s first real competitor in decades, urging the company to shift from the apps era to the agentic AI era.
India’s NPCI and Razorpay partner with OpenAI to pilot AI-driven UPI payments on ChatGPT, enabling secure, autonomous transactions through agentic AI technology.
Venture capital firm Andreessen Horowitz (a16z) has denied reports of opening an India office, calling them “fake news,” as it refocuses on U.S. investments and AI growth.
Amazon launches Quick Suite, an AI-powered workspace integrating chatbots, data analysis, and automation to rival Microsoft 365 Copilot, Google Gemini, and OpenAI’s enterprise tools.
Investment in the global space sector hit a record $3.5 billion, signaling a maturing, diversified market driven by startups, defense spending, and government-backed initiatives.
Accenture outpaces India’s top IT firms with $4.8 billion in new business, driven by AI-led growth, record generative AI deals, and diversified digital investments.
A 29-year old man has been arrested on suspicion of having started the Pacific Palisades fire in Los Angeles that killed 12 people and destroyed more than 6,000 homes in January
Astronomers warn that Starlink satellites are deorbiting at an increasing rate, raising concerns about atmospheric pollution and the growing environmental impact of satellite reentry debris.