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AI boom or debt trap? Why big tech’s billion-dollar borrowing spree is worrying investors

Oracle, one of the world’s biggest technology companies, is spending billions of dollars to expand its artificial intelligence (AI) business. The company is building data centers and increasing its computing power to take advantage of the AI ​​boom. But now, some investors are worried because Oracle is using a lot of borrowed money for this … Read more

Nvidia in talks with OpenAI to guarantee $250 billion financing for data center: report

Nvidia is in talks to provide roughly $250 billion in financing for OpenAI as part of a massive data center project, The Wall Street Journal reported on Sunday. The guarantees from Nvidia would help the ChatGPT maker lease a 10-gigawatt project that SoftBank’s energy subsidiary is developing in southern Ohio, the newspaper said, citing people … Read more

OpenAI rolls out ChatGPT Health feature for US users, allows medical record access

OpenAI has launched Health in ChatGPT, a new feature that allows users to securely connect their health information with the artificial intelligence (AI) bot to get more personalized health-related support. ChatGPT can connect with Apple Health and support medical records to help people understand their health information. The feature is now rolling out to logged-in … Read more

Who is Uday Ruddarraju? Indian-origin tech leader named OpenAI’s CTO of ComputeOpenAI has promoted Indian-origin technology leader Uday Ruddarraju as its new Chief Technology Officer (CTO) of Compute. Announcing the update on LinkedIn, Ruddarraju said his first year at OpenAI has been a highly rewarding experience. He also highlighted OpenAI’s future plans to build one of the world’s largest computing infrastructures.

OpenAI has promoted Indian-origin technology leader Uday Ruddarraju as its new Chief Technology Officer (CTO) of Compute. Announcing the update on LinkedIn, Ruddarraju said his first year at OpenAI has been a highly rewarding experience. He also highlighted OpenAI’s future plans to build one of the world’s largest computing infrastructures. “We’re on a mission to … Read more

Keeping up with AI is starting to feel like an Indian family WhatsApp group

Ever come back to your phone after a couple of hours and wonder how there are suddenly 243 unread WhatsApp messages? Someone’s got engaged. Someone’s forwarded an old Rajinikanth clip. Your uncle and cousin have somehow turned a discussion about mangoes into a political debate. And you’ve got absolutely no idea how the conversation got … Read more

Apple sues OpenAI, two former employees for trade secrets theft

Apple on Friday sued OpenAI and two former employees, alleging misappropriation of its trade secrets to benefit the ChatGPT-owner’s foray into consumer hardware, a dramatic escalation of already simmering tension between the two companies. The complaint accuses OpenAI of orchestrating a broad effort to systematically acquire and exploit Apple’s confidential information through former employees, recruiting … Read more

OpenAI launches ChatGPT Work, adding to competition for professional AI tools

OpenAI on Thursday unveiled ChatGPT Work, an agent in its popular chatbot designed to execute tasks across different applications and files, marking the startup’s latest push into workplace automation. ChatGPT Work, powered by GPT-5.6, can gather context from apps, files and workflows to create finished documents, spreadsheets, presentations, reports and websites, the company said. The … Read more

OpenAI gets US approval for broad GPT-5.6 rollout, Axios reports

The US Department of Commerce has approved a broad launch of OpenAI’s advanced GPT-5.6 model following additional government testing under Washington’s new oversight framework for frontier artificial intelligence, Axios reported on Tuesday (July 7). OpenAI expects to release GPT 5.6 more widely this week following additional testing and meetings with US government officials, the report … Read more

Chinese AI startup Z.ai closes frontier gap with US rivals, plans Shanghai listing

Chinese AI startup Z.ai said on Thursday (June 25) that it plans to use proceeds from a domestic listing to fund its pursuit of artificial general intelligence (AGI), after its latest model scored close to leading US models from Anthropic and OpenAI on public benchmarks. Z.ai’s flagship GLM-5.2 model, released a day after Anthropic disabled … Read more

While others build AI models, this ex-Navy officer is building an AI marketplace

Former Indian Navy officer Shayak Mazumder believes India’s AI opportunity extends beyond using AI tools to building the platforms behind them. Through Adya, he is creating a marketplace where developers can build, distribute and monetize AI applications. “AI is like a magic pill. You have it, I don’t. You will shoot ahead, and I will … Read more

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