AI BIG 10
Ashwini Vaishnaw expects more companies to start production of memory chips in India
Strong demand for memory (data storage) cards and advanced chips has tightened global supplies and supported higher prices in past quarters, and manufacturers have been sprucing up investments and production capacities to meet market requirements worldwide. The higher memory chip prices have, in turn, led to a rise in production costs for a range of electronic products, including smartphones and laptops.
Mag 7? MANGOS? SpaceX forces name rethink on Wall Street's tech-stock moniker
The IPO, the biggest in US history, vaulted SpaceX's value above two Mag 7 members: CEO Elon Musk's other company, Tesla , and Meta Platforms. With trillion-dollar contenders such as OpenAI and Anthropic waiting in the IPO wings, the club may soon need a name change, analysts said.
Mag 7? MANGOS? SpaceX forces name rethink on Wall Street's tech-stock moniker
SpaceX's massive $2 trillion IPO has challenged the 'Magnificent Seven' moniker, as its valuation now surpasses Tesla and Meta. With other tech giants like OpenAI and Anthropic poised for public debuts, market strategists are scrambling for new labels. While some propose 'MANGOS' or 'Magna Atoms', others believe the 'Magnificent Seven' will persist, with new terms added.
Bharat innovates, ready for take-off
India's deep-tech startups are showcasing their advanced capabilities in France. This event highlights India's growing strength in space, AI, and defence. Indian companies are developing rockets and satellites for global markets. France serves as a key gateway to Europe. This initiative aims to foster international partnerships for co-development and investment.
SpaceX IPO: Biggest Initial Public Offering in U. S history draws new grouping name at Wall Street. Check latest social media offerings
SpaceX IPO has set off a race to devise the next cool acronym. These groupings are not formal market categories, but shorthand labels coined by strategists.
UPI and AI: 'Buy Rs 500 worth gold if price drops below Rs 16,000/g'; your wish is AI agent's command, and it can make UPI payments at your target price
The P3P AI agent can complete a UPI payment without any human authentication. However, the human still stays in control. Currently, AI agents need a human authentication step, an MPIN, to make any payments. Pine Labs has removed this wall. It builds on UPI’s existing mandate framework - UPI One Time Mandates (OTM) and Reserve Pay.
- Go To Page 1
What is SpaceX's IPO ticker and where will it be listed as SpaceX stock begins trading today, June 12, in the biggest IPO in history— should investors buy on day one?
SpaceX IPO Ticker, Nasdaq Listing and $1.78 Trillion Valuation: The wait is finally over. SpaceX stock began its historic market debut today, June 12, 2026, after pricing at a fixed $135 per share the night before. The company raised a record $75 billion, landing an opening valuation of approximately $1.77 trillion. If the reported offering details stand, SpaceX will begin trading under ticker SPCX on the Nasdaq.
ET Alpha Wealth Summit | We are in Sankat Kaal, and in this Sagar Manthan, our job is to look for the next generation of winners: Saurabh Mukherjea
India's economic future lies with manufacturing exporters, not consumer companies. Saurabh Mukherjea predicts this shift will drive earnings growth. Artificial intelligence is reshaping jobs, impacting the middle class. A weaker rupee will benefit goods producers. Gig work and smaller cities are gaining prominence. Well-managed companies remain strong investments. The era of cheap money is over.
Fable 5's cost challenge; Opendoor's India exit
Anthropic's Fable 5 could rewrite how IT works, but the price tag and performance quirks raise hard questions. This and more in today’s ETtech Top 5.
KKR launches $10 billion AI infrastructure company with Nvidia, Vistra
The Kuwait Investment Authority, AI chip giant Nvidia and utility firm Vistra are anchor investors in the company, called Helix Digital Infrastructure, which is led by former Amazon Web Services CEO Adam Selipsky.
OpenAI considers drastic price cuts, anticipating war for users with Anthropic: Report
The ChatGPT-maker confidentially filed for an IPO earlier this week after archrival Anthropic did the same last week. OpenAI CEO Sam Altman had earlier identified rising costs as a huge problem.
SpaceX’s IPO success may rub off on Ambani
Investor interest in major tech offerings remains strong. Mukesh Ambani's Jio Platforms is preparing for a significant IPO in India. However, historical data indicates that large IPOs can signal market peaks. Concerns exist about liquidity draining from secondary markets. This could impact the success of upcoming Indian listings. Careful consideration of market conditions is advised.
Who is Zach Yadegari? US teen founder sold a gaming app for $100K, built $40M Cal AI, now launches 'Flow'
Zach Yadegari, a US teen founder, achieved two successful startup exits before age 20, selling a gaming site for $100,000 and an AI calorie tracker acquired by MyFitnessPal. He is now on his way to launch his third venture, Flow, a physical tech product focused on health and productivity, aiming for another billion-dollar business.
SpaceX wants regular investors to help its stock launch. Here's what to know before clicking 'buy'
SpaceX is on the cusp of launching its public stock offering, opening the door for average investors to stake a claim in its cosmic journey. This unique initiative will provide more favorable investment thresholds, making it easier for more people to participate. Still, savvy investors should be mindful of the possible price fluctuations and the inherent risks in fleeting trades.
Why IPO valuations, SpaceX’s included, may not conclusively capture the current state of AI play
The AI IPO season is here with SpaceX, Anthropic, and OpenAI preparing for huge listings. These companies are seeking public funds to cover their significant expenses. Valuations are soaring, leading to questions about the AI bubble. Investors are being urged to be cautious as these tech giants aim to reshape the market.
CoreWeave founders have dumped $2.3 billion in stock since IPO
CoreWeave executives and a major investor have sold over $7.8 billion in stock since the company's March 2025 IPO. Despite this, CoreWeave's stock price has more than doubled. The company's co-founders and Magnetar Financial are among the significant sellers. These sales were conducted through pre-arranged trading plans. CoreWeave is experiencing rapid growth in the AI infrastructure sector.
EU orders Meta to open WhatsApp to rival AI chatbots for free
The EU ordered Meta on Tuesday to give rival AI chatbots access to its WhatsApp platform for free within five working days as it carries out an antitrust probe, or risk a heavy fine. The EU had warned Meta it faced interim measures if it did not open WhatsApp to rival AI assistants in February.
No tech rule exemption for Apple, EU regulators say amid spat over Siri AI delay
European Union regulators have rejected Apple's plea to delay the launch of its new Siri AI in the EU. Apple had sought an 18-month exemption, citing privacy and security concerns related to EU tech rules. Regulators state the decision rests solely with Apple, asserting that EU regulations do not prevent new product introductions.
SpaceX IPO: Great business, wrong price? Why Aswath Damodaran is skipping Musk’s mega offering
Despite the excitement surrounding SpaceX’s highly anticipated IPO, valuation expert and NYU professor Aswath Damodaran plans to stay away from the offering, citing concerns over its pricing. While he values the company at around $1.3 trillion after reviewing its prospectus, the IPO is expected to value SpaceX at roughly $1.8 trillion.
Meta funds skilled trades jobs program for AI data center buildout
The cost-free program, America's Workforce Academy, will end in guaranteed job offers to graduates, the company said in a statement. A Meta spokesperson said the program will provide generalist training for data center technicians. Jobs on offer will be full-time roles with general contractors working on Meta's data center buildout.
Donald Trump, Bernie Sanders and Sam Altman are all talking about public ownership in AI
Trump has embraced government investment in private companies in his second term, scrambling his party's politics. His administration last year secured a 10 per cent stake in the struggling Silicon Valley company Intel, and it considered a government takeover of Spirit Airlines earlier this year, although the airline couldn't reach a deal and ultimately closed.
Bitcoin's star fades, as investors flock to lustre of AI and megacap IPOs
Bitcoin is experiencing its worst year-to-date performance in over a decade, with a 15% price drop this week. Capital is shifting towards booming AI stocks and new listings like SpaceX, while Bitcoin's volatility and correlation with other assets have diminished, impacting its appeal as a portfolio diversifier.
Marvell to join S&P 500 after AI boom helps chipmaker pass profitability test
The company will replace swimming pool equipment distributor PoolCorp on the benchmark index before the start of trading on June 22. Marvell shares jumped nearly 6% in extended trading.
Bitcoin soon to become a thing of the past? What is wrong with world's largest cryptocurrency which hit record highs above $125,000 a few months back?
Bitcoin price is around 40 per cent lower than where it was when U.S. President Donald Trump took office in January 2025, having vowed to make the U.S. the crypto capital of the world.
Micro-drama platform Bullet launches Trinetra AI—an AI filmmaking and content intelligence platform for micro dramas
Bullet, backed by Zee Entertainment Enterprises, has launched Trinetra AI, a platform that uses artificial intelligence for filmmaking and content intelligence. It helps creators develop, produce, and monetize stories efficiently. Trinetra AI leverages Zee's extensive data on Indian audiences and languages. The platform aims to boost the growing micro-drama industry, which is projected for significant revenue growth by 2028.
SpaceX IPO: rockets, AI losses and Musk in control
SpaceX is inviting investors to bet on Elon Musk's vision of AI data centers in space and humans on Mars. The sky-high valuation for SpaceX -- nearly $1.8 trillion -- is based on the idea that his legendary run will continue and that Musk can achieve his goal of data centers in space and putting people on Mars.
ET Alpha Wealth Summit: A 12% return is a really good job in markets, says HSBC MF CEO Kailash Kulkarni
HSBC Mutual Fund CEO Kailash Kulkarni urged investors to keep return expectations realistic, saying a 12% annual return is a strong outcome in equity markets. Speaking at the ET Alpha Wealth Summit, he highlighted export-led manufacturing as a key long-term opportunity and said AI could empower retail investors through better access to information.
Peak XV in talks to back Ringg AI as voice AI gains attention: Sources
Peak XV Partners is reportedly leading a $10 million funding round for Bengaluru-based voice AI startup Ringg AI, highlighting investor enthusiasm for the technology. This move underscores the growing recognition of voice AI beyond call centers, with investors now segmenting the market into various applications. The trend signals a significant shift towards voice as a primary interface, especially in India.
Mirror, mirror who’s the most visible of them all?
AI search is reshaping online discovery. Brands are shifting their content strategies to ensure visibility within AI answers and recommendations. This new focus, known as Generative Engine Optimisation (GEO), is becoming a significant budget item for marketers. Experts predict intensified monetisation efforts by AI search companies, with ad bids potentially exceeding traditional platforms.
Load More
