AI HIRING
Will Elon Musk hire Jensen Huang? Says it would be an 'honour' After Nvidia CEO's controversy: what happens next?
Elon Musk stirred excitement online by suggesting Jensen Huang, who recently left Nvidia after three decades of leadership in artificial intelligence, could be a potential hire. Musk and Huang's collaborative history includes innovations that benefited Musk's Tesla and SpaceX initiatives. While this may lay the groundwork for future developments, it's important to note that there hasn't been any concrete job offer made yet.
Beyond AI pilots: What boards should be measuring
The real test of AI is whether the enterprise performs better than it did before.
Anthropic CEO sells investors on safety, 'no jerks' culture
Anthropic chief executive Dario Amodei pitched investors on safety and a strict hiring culture on Friday, days before the AI company's stock market debut. Nvidia, the chip giant at the center of the AI buildout and an Anthropic investor, has been rocked by the resignation of chief executive Jensen Huang after he admitted to an affair with a woman US intelligence reportedly believes was a Chinese spy.
Out as CEO, but not out of Nvidia: Jensen Huang’s family trusts still hold about 800 million shares as NVDA stock crashes 13%
Jensen Huang's Nvidia stake: Jensen Huang is out as Nvidia CEO, but his family’s financial ties to the chipmaker remain strong. Trusts co-owned by Huang and his wife hold about 800 million Nvidia shares, worth billions of dollars. His sudden exit has sent NVDA stock down 13%. Its stock was already heading for a sixth straight weekly decline as investors questioned AI spending and the company's growth outlook.
'Bring back the boss': Jensen Huang gets alleged backing from Nvidia employees, with over 1,600 comments on internal post amid exit over affair and spy scandal
Jensen Huang latest news: Nvidia CEO Jensen Huang stepped down following allegations ofmultiple extramarital affairs and associated national security concerns. His resignation led to a significant drop in Nvidia's stock value as uncertainty loomed over the company's future. Support from Nvidia employees and tech leaders like Elon Musk highlighted Huang's previous contributions to the industry. Investigations into his affairs, particularly involving Alice Huang and national security implications, are ongoing.
MeitY flags physical AI data; US data centre woes may help India
Happy Friday! MeitY is examining how home services platforms collect household data to train physical AI models.This and more in today’s ETtech Morning Dispatch.
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AI-led hiring slowdown is temporary; jobs demand to surge in 3-5 years: Infosys cofounder Gopalakrishnan
His comments come as widespread layoffs occur across large tech companies including Qualcomm, Oracle, Microsoft and Amazon, triggering fears of large-scale job losses also in software services, which has been India’s largest employment-creating sector over the past two decades.
Jensen Huang resigns from Nvidia after 33 years: Board names Colette Kress interim CEO amid affair reports and China probe allegations
Jensen Huang resigns: Jensen Huang has resigned as Nvidia CEO with immediate effect after leading the chipmaker for 33 years. CFO Colette Kress will serve as interim CEO as the board begins its search for a permanent replacement. His departure comes amid reports about alleged relationships and scrutiny over Nvidia's links to companies suspected of evading US export controls.
Help wanted: AI firms court ex-spies as Nvidia drama spotlights security risks
AI companies are increasingly employing former intelligence officers to enhance security measures against espionage. This trend follows concerns about potential security breaches, especially in light of recent incidents involving high-profile executives. Notably, Nvidia has launched an independent investigation into allegations of espionage linked to its CEO. Organizations like OpenAI and Anthropic are actively seeking counterintelligence experts to safeguard their operations.
4 jobs offers with Rs 19 LPA package: Bengaluru job seeker shares how he landed jobs without applying on a single job listing
A Bengaluru job seeker claims to have received four job offers in 2026, with an average salary of Rs 19 LPA, without applying to a single job listing. He shares two strategies involving fresh LinkedIn hiring posts, direct emails to founders and tracking startups that have recently raised seed funding.
‘The MBA model will remain the same. The content will change’: IIM Ahmedabad director
IIM Ahmedabad is gearing up to unveil a cutting-edge executive MBA program in Dubai, specifically designed for senior leaders. This initiative seeks to bolster managerial expertise and align with the needs of an AI-centric landscape. The innovative curriculum will incorporate AI concepts, alongside knowledge from industry pioneers, evolving traditional MBA structures to address the challenges posed by emerging technologies.
IT sector shifts focus from AI disruption to sustainable growth as revenue stabilization improves: Report
India's IT services sector is witnessing a shift towards stabilizing revenues and fostering sustainable growth as investor apprehensions begin to diminish. Although demand remains tepid with only modest revenue increases, IT stocks have shown commendable performance. The rise of engineering-led organizations is pivotal for AI integration, allowing firms to sustain profit margins amidst competition, all while investing further in AI technologies.
Qcomm’s Diwali boost; Energy startups attract funds
Happy Wednesday! Quick commerce powered a strong festive season for D2C brands. This and more in today’s ETtech Morning Dispatch.
Baird downgrades Nvidia on China curbs, AI demand worries
Nvidia's shares closed at $168.9 on Tuesday and are on track for their biggest weekly drop since March 2025, with uncertainty over top leadership weighing on the stock
Baird downgrades Nvidia on China curbs, AI demand worries
Baird downgraded Nvidia's stock and cut its price target significantly due to various market risks. Concerns over US restrictions on chip sales to China have emerged, affecting Nvidia's revenue outlook. Demand for Nvidia's chips is showing signs of softening amid supply constraints and market uncertainties. Additionally, multiple brokerages have removed Nvidia from their top picks due to recent stock declines.
Why is Nvidia stock surging today after a two-day crash that wiped out $480 billion? Investors buy the dip as NVDA rebounds despite Jensen Huang controversy ahead of November 17 earnings
Nvidia stock is rebounding on Wednesday, November 11, as investors step in after two consecutive sessions of losses linked to the controversy surrounding CEO Jensen Huang. Shares closed Tuesday at $168.89, down 5.47%. But the stock recovered to $175.45 in extended-hours trading by 6:49 a.m. ET, gaining 3.88%. The recovery comes as Nvidia prepares to release its quarterly results on November 17.
ByteDance prepares Meta's Muse-like agent in push to close AI gap
ByteDance is preparing to release an AI assistant similar to Muse by Meta Platforms soon. Co-founder Zhang Yiming has shared his vision of competing with companies like Anthropic and OpenAI by 2030. The company intends to invest up to $70 billion in developing the Seedance video AI platform.
Qualcomm initiates India layoffs: Here’s how much employees will get in severance
Qualcomm has begun implementing planned job cuts globally, affecting employees in India and the US (in California).
Rippling steps up AI hiring in India, looks to expand enterprise push
The firm is hiring principal engineers, senior staff engineers and senior directors among others as the lab focuses on developing core components of Rippling’s global AI platform, Parandekar told ET in an exclusive interaction.
AI training startup Mercor valued at $20 billion in latest funding round
Mercor said on Tuesday it had raised $750 million in a funding round that valued the AI training startup at $20 billion. The Series D round drew participation from Benchmark, Felicis, Fundomo, Nvidia and funds managed by affiliates of Apollo, among others.
Anthropic IPO: Why are Nvidia, Google, Microsoft and AMD investing billions in their own AI competitor? What Big Tech stands to gain from the Claude maker
Anthropic IPO: Anthropic is set to receive a significant $26 billion investment through its upcoming IPO from several technology companies. Major contributors include Google, Nvidia, and AMD, each seeking commercial advantages. This financial backing will support Anthropic's expansion and operational needs, including increased computing infrastructure. The participating companies aim to benefit from Anthropic's growth while addressing their own strategic interests in the AI market.
ShareChat hires creative directors as AI cuts microdrama costs by 40%: CTO Nitin Jain
Nitin Jain told the Economic Times Digital that AI has lowered the barrier to entry for creators, while the company's engineers now supervise AI-written code instead of writing it by hand.
BPO jobs on a seesaw as bots call the shots
Voice AI is driving call centres even as hiring grows, but the shift towards complex tasks leaves freshers scrambling for a new career ladder.
US jobs market shows broad-based recovery in October as hiring beats estimates
US employers added 165,000 jobs in October, far exceeding expectations, while unemployment fell to 4.1%. However, a closer look reveals uneven labour market trends, with foreign-born workers driving gains, manufacturing recovering and job seekers facing longer unemployment spells.
AI gains fail to cool rising staff costs at Indian IT services firms
Although artificial intelligence (AI) and automation are changing the traditional labour-intensive model of IT services, they have yet to bring down employee costs for the country’s top six IT services companies—Tata Consultancy Services (TCS), Infosys, HCLTech, Wipro, Tech Mahindra and LTM (formerly LTIMindtree).
GCCs ramp up hiring for AI, data, cybersecurity professionals; face talent shortage: Report
India's GCCs are directing a greater share of technology recruitment towards specialists who can deploy AI, manage data and secure enterprise systems, according to the India GCC Tech Talent Landscape - Q2 FY27 Report by staffing and workforce solutions provider Quess Corp.
AI, data, cybersecurity lead tech hiring with 30.3% share in September quarter
In India, the demand for roles in AI, data, and cybersecurity within Global Capability Centers (GCCs) has surged, even amid a slight overall hiring decline. AI and data professional roles saw a 14% increase quarter-on-quarter, while cybersecurity positions grew by 12%. Notably, tier-2 cities like Coimbatore achieved a remarkable 30% growth. By 2030, the GCC workforce in India is projected to reach between 2.7 and 2.8 million.
Digital recruitment is creating a new cybersecurity risk for employers
Online hiring has made it easier for companies to reach candidates across locations, but it has also exposed recruitment processes to identity fraud, manipulated assessments and misuse of personal information. HR teams are increasingly responsible for protecting the integrity and security of the hiring process.
From enterprises to SMBs: How Flashfox AI plans to change the hiring game
GetWork’s AI hiring business, now spun off as Flashfox AI, is targeting 500 enterprise clients in the next 24 months as it expands into Southeast Asia and the Middle East.
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