Meta is restructuring its AI division under Alexandr Wang, centralizing research and product integration to accelerate its push toward achieving superintelligence.
Browsing: Business
Anthropic raises $13 billion in Series F funding at a $183 billion valuation, fueling global expansion amid soaring enterprise demand and rapid revenue growth.
Spirit Airlines’ bankruptcy reshapes the airline sector, with reduced capacity boosting rivals like Frontier, American, Delta, and United, while investors weigh risks of consolidation and economic downturn.
It looks like Indian venture capital firms are looking to invest big in Indian deep tech.
Nestlé chair Paul Bulcke said: “This was a necessary decision. Nestle’s values and governance are strong foundations of our company. I thank Laurent for his years of service at Nestlé.”
The Powerball jackpot has surged to an estimated $1.3 billion, the fifth largest in its history, with the next drawing set for Wednesday night.
OpenAI plans a 1-gigawatt data center in India, marking a major expansion of its Stargate AI infrastructure and aligning with the country’s $1.2B IndiaAI Mission.
esla faces mounting challenges in China and Europe in 2025, as rising competition, price wars, and brand perception issues erode its electric vehicle market share.
Accenture CEO Julie Sweet unveils a bold organizational restructure via video, aiming to “rewire” the company for AI-driven reinvention and integrated digital transformation.
Nvidia’s Q2 FY2026 results show record $46.7B revenue and 72% margins, driven by Blackwell AI chips, but risks loom from customer concentration and U.S.-China tensions.
Indian American executive to lead next phase of consumer growth at leading AI-powered skills acceleration platform
Strategy, Inc. Chairman, Michael Saylor, has distilled decades of market observation into a deceptively simple formula: “Buy something that everyone wants, nobody can stop, and few understand.”
Veteran UBS and Morgan Stanley executive steps in as CEO of the embedded-investing fintech amid an accelerated growth phase.
CEO of X Elon Musk is taking his gloves off when it comes to the U.S. Securities and Exchange Commission
Tesla faces mounting scrutiny after a jury found it partly responsible for a 2019 Autopilot crash in Florida, awarding $243 million in damages.
The ongoing Intel–U.S. government deal marks a major policy shift, boosting domestic chipmaking with funding and equity while limiting Intel’s strategic flexibility and independence.
Google restructures by slashing over a third of its small-team managers, streamlining operations to cut costs, boost efficiency, and accelerate AI-driven growth amid industry pressures.
Indian American IT industry veteran to focus “on leveraging emerging technologies like machine learning and AI”
MIT’s NANDA report shows 95% of generative AI pilots fail, but startups like Maisa are redefining enterprise AI with accountable, process-driven automation and trust-focused tools.
Rishab Agarwal, Chaya Nayak, Avi Verma, Ethan Knight are some of the AI researchers that have left their high-paying jobs at Meta; two of them join OpenAI
In his short time at Meta, Indian American scientist pushed the frontier on post-training for “thinking” models
Noting most H-1B visas go to Indians, he asked, “Why would we import foreign workers when we have our own people to take care of?”
Cracker Barrel has scrapped its plan to introduce a redesigned logo after strong public criticism forced the U.S. restaurant chain to backtrack
Intel faces scrutiny for partnerships with Chinese surveillance firms accused of enabling human rights abuses against Uyghurs, despite sanctions and U.S. political backlash.
CEO Vikram Savkar to shape long-term strategy of the philanthropic and workforce development arm of the Associated Equipment Distributors
