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Amazon to acquire satellite firm Globalstar for $11.6 billion, takes on Elon Musk’s Starlink

Amazon said on Tuesday (April 14) it would acquire Globalstar in an $11.57 billion deal, bolstering its fledgling satellite business as it looks to take on Elon Musk-led bigger rival Starlink. Shares of satellite company Globalstar were up more than 9% in premarket trading, after gaining over 6% in the past two weeks following media … Read more

Quantum computing threat by 2029: Ajai Chowdhry flags risk to banking, defence, telecom

India needs to prepare for a major shift in cybersecurity as quantum computing advances faster than expected, according to Ajai Chowdhry, Chairman of the National Quantum Mission. He said the timeline for quantum day – when quantum computers can break current encryption – has moved closer. Earlier estimates placed it a decade away, but new … Read more

Wegovy-maker Novo Nordisk partners with OpenAI to speed drug development

Danish drugmaker Novo Nordisk, which has fallen behind Eli Lilly in the immensely lucrative weight-loss drug market, said on Tuesday, April 14, it is partnering with OpenAI to deploy artificial intelligence across its business, from drug discovery to manufacturing and commercial operations. The maker of Wegovy and Ozempic said the partnership would use OpenAI’s technology … Read more

Man charged after Molotov cocktail attack on OpenAI CEO Sam Altman’s home

A Texas man was charged with hurling a Molotov cocktail nL4N40T1GB at the home of OpenAI CEO Sam Altman and attempting to set fire to the AI ​​firm’s headquarters. Daniel Moreno-Gama, 20, was captured on surveillance video throwing an incendiary device outside Altman’s San Francisco residence, according to a Federal Bureau of Investigation affidavit filed … Read more

Anthropic completes tender offer, but employees hold onto shares

Anthropic employees have sold some equity to investors, wrapping up a secondary share sale that started earlier this year, according to people familiar with the matter. But some investors weren’t able to pick up as many shares as they planned because of the limited number that employees were willing to sell. The tender offer took … Read more

AI Watch: Anthropic Pentagon case deepens, OpenAI IPO plans face concerns, Meta unveils Muse Spark

A US appeals court allowed the Defense Department to continue flagging Anthropic as a supply-chain risk, creating a legal split with a lower court. OpenAI is weighing public listing timelines amid expected losses, even as it signals retail investor participation. Meta introduced a new AI model using multi-agent systems. Data center investments are rising, with … Read more

From Diamond to X: How AI is redrawing the talent model of consulting

For more than a century, the consulting industry has been organised around leverage. Firms hired large cohorts of junior professionals to perform analysis, research, and production work, while more experienced consultants framed problems and partners focused on client relationships. That logic produced the familiar consulting pyramid. More recently, as automation and analytics reduced the need … Read more

World Bank: South Asian labor market pivoting towards skills that can be amplified by AI

World Bank Group’s Chief Economist Franziska Ohnsorge has said that hiring has slowed down in most AI-exposed occupations or firms with large productivity gains in that industry, with job prospects in AI-exposed occupations being eroded with persistence of long-standing sub-national labor market differentials. Stating that hiring of workers in AI-substitutable jobs has slowed sharply while … Read more

Anthropic weighs building its own AI chips

Artificial intelligence lab Anthropic is exploring the possibility of designing its own chips, three sources said, as the company and its rivals respond to a shortage of AI chips needed to power and develop more advanced AI systems. The plans are in early stages and the company may still decide to only buy AI chips … Read more

AI compute race intensifies as OpenAI, Google, Amazon and Anthropic ramp up infrastructure bets

A memo from OpenAI stresses its compute advantage amid investor rotation and rising competition from Anthropic. Google expands CPU partnerships with Intel, while Amazon defends heavy AI spending. Regulatory pressure builds with probes and legal challenges, even as funding activity and valuations across AI startups continue to surge. By CNBCTV18April 10, 2026, 8:42:54 AM IST … Read more

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