Samir Arora, Founder and Fund Manager at Helios Capital, revealed on Monday (June 8) that he sold units of an exchange-traded fund that tracks semiconductor stocks on Friday, just before the market opened. What followed was a massive sell-off, particularly in Eternal, dragging the Nasdaq down 4% by the end of trade. “All offshore ETF … Read more
Apple’s WWDC 2026 is expected to showcase a rebuilt Siri with access to multiple AI models, while Tim Cook prepares to hand over leadership to John Ternus. Reid Hoffman is leaving Microsoft’s board, OpenAI and Anthropic continue to compete for AI talent, South Korea has nominated former Naver CEO Han Seongsook as prime minister, and … Read more
Intel unveiled new AI-focused technologies, strategic collaborations and next-generation processors at COMPUTEX 2026 in Taipei, with CEO Lip-Bu Tan joined on stage by industry partners. “We are proud to join all our partners in building great products that will delight customers and bring the power of AI to more people as we create a brighter … Read more
Betting big on automation while simultaneously expanding its workforce, Amazon on Thursday unveiled the next generation of its autonomous warehouse robot, Proteus, as part of a broader €10 billion investment plan in Europe aimed at modernizing its fulfillment network and speeding up deliveries. The announcement was made at Amazon’s ‘Delivering the Future’ event in London, … Read more
Artificial intelligence developments accelerated globally as US policymakers explored deeper involvement in the sector, including reported discussions on government ownership in leading AI companies. Industry leaders jointly called for tighter biosecurity safeguards amid concerns that AI could lower barriers to creating biological threats. Canada unveiled a major AI adoption strategy, while India’s Supreme Court proposed … Read more
AirTrunk, a data center company backed by Blackstone and the Canada Pension Plan Investment Board (CPPIB), plans to invest more than $30 billion (₹3 lakh crore) to build over 5GW of data center capacity in India by 2030. According to the company, the proposed program ranks among the largest digital infrastructure initiatives under consideration in … Read more
A teenager has identified and reported a temporary misconfiguration linked to the portals used for the NEET and JEE examinations. The misconfigured cloud server exposed roughly 1.79 lakh result records and 1.87 lakh admit-card PDFs, including candidate names, dates of birth and mobile numbers. According to a statement issued by the Indian Institute of Technology … Read more
The first week of June has turned out to be a packed one for smartphone launches in India. After May’s focus on flagship devices like the Oppo Find X9 Ultra and Vivo X300 Ultra, attention has now clearly shifted toward mid-range and budget offerings that cater to a wider audience. Recent launches and announcements have … Read more
Alphabet Inc.’s Google has agreed to pay Elon Musk’s SpaceX $920 million a month for computing power as part of a cloud services deal that runs through mid-2029, its second such agreement with an AI competitor in a matter of weeks. Google will pay SpaceX the monthly fee from October this year through June 2029, … Read more
It was perhaps a surprising private overture from OpenAI CEO Sam Altman to Sen. Bernie Sanders. The meeting between the two had come just after the Vermont senator announced a plan for the public to take a 50% ownership stake in artificial intelligence companies such as OpenAI, using their stock to create a public wealth … Read more
