CLOUDFLARE AI DATA SCRAPERS BLOCKING
OpenAI, Google, Anthropic hit with lawsuit to halt AI development
A group of nonprofits has filed a lawsuit against OpenAI, Anthropic, and other tech companies. They seek to prevent further development of advanced AI models citing potential harm to humanity. Company leaders have raised concerns about the dangers associated with artificial intelligence technologies. The lawsuit relies on California's laws regarding unfair business practices for its basis. If successful, this could significantly impact the future of AI development in these companies.
ETtech Explainer: How OpenAI’s ChatGPT Wallet allows AI agents to make payments for users
Many people until now used ChatGPT to research products, compare options and decide what to purchase. But with the new feature, OpenAI wants these users to complete the purchase process through their AI agents as well.
Cloudflare Claude Down Reason: Why users are facing issues today amid widespread outages at Microsoft Outlook on November 13 Doomsday
Cloudflare Claude down reason: Cloudflare, Claude and Microsoft Outlook users reported technical issues on November 13, triggering concerns about a wider internet outage. Here's why the services are facing disruptions, what Microsoft has said about the Outlook outage, which platforms are affected and whether the incidents are connected to November 13 Doomsday chatter.
Amazon's plan to own the world's product data and fight AI shopping agents
Called World Product Graph, the initiative seeks to hoover up data on virtually every item for sale on Earth, whether Amazon stocks it or not, according to an internal document reviewed by Reuters, and to people familiar with the matter.
Microsoft outage: Are your personal photos and documents on cloud storage safe? Can you lose everything stored in Outlook and OneDrive?
Microsoft's global outage has disrupted access to Outlook, OneDrive and other Microsoft 365 services, leaving users worried about their personal emails, photos and documents stored online. But does being unable to access these files mean they are lost forever? Here is what happens to cloud-stored data, how Microsoft's storage systems protect files and emails, and what recovery options are available if users accidentally delete them.
Google rolls out Gemini 4 Hydrogen with 2.5x speed boost, four reasoning levels
Google has rolled out Gemini 4 Hydrogen, a new artificial intelligence model that completes tasks 2.5 times faster than its predecessor, Gemini 3.8 Flash, as the company looks to improve the speed and efficiency of everyday AI tasks, coding and agentic workflows.
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Nvidia scandal puts China chip curbs back in focus as US lawmakers push tougher export restrictions
US lawmakers from both parties are pushing tougher restrictions on China's access to advanced AI chips following reports about former Nvidia CEO Jensen Huang's affair with a suspected Chinese spy. Congress is weighing measures to tighten export oversight, track advanced processors, pressure US allies and close remote-access loopholes.
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.
Investors reassess US data centre bets after 'Blue Tsunami'; some look at India, other alternatives
This may not affect projects currently underway, but the data centre business has been driving growth for several companies in the US lately “and now there is looming concern over how this might play out,” said the executive who did not wish to be named.
MeitY examines data collection by home services platforms for physical AI training
The consultation comes amid growing interest among AI and robotics developers in first-person video and sensor data, which can help train machines to understand and replicate human actions in real-world environments. Such recordings capture how people perform routine activities, providing training inputs for robots designed to undertake physical tasks.
NBIS Stock Price and Earnings: Nebius shares rise 15% on Q3 revenue beating estimates
NBIS stock price and earnings have been in focus after shares of Nebius Group rose 15.44% to close at $154.69 on Wednesday. The AI infrastructure company reported third quarter revenues of $980.8 million which beat analyst expectations. The company has reported a net loss of $37.5 million. It also showed positive adjusted earnings.
OpenAI brings local inference to India, starting with GPT-6 Luna
OpenAI has launched local processing for its API in India aimed at eligible enterprises and developers. This offering allows organisations to run supported AI workloads within the country, ensuring data processing remains local. The service initially supports the GPT-6 Luna model and facilitates text-based tasks for businesses.
Investors worry the AI trade needs Nvidia's Jensen Huang and its largesse
Investors worry that a change in leadership at Nvidia might affect the company’s support for the AI market. Reports of CEO Jensen Huang’s extramarital affairs have led to speculation about his future. As Nvidia’s board deliberates over Huang's fate, the market reacts with cautious sentiment.
CoreWeave shares surge over 26% on strong earnings, debt retreat; spark rally in battered AI cloud stocks
CoreWeave's shares experienced a significant increase of over 26% due to strong revenue growth. The company's recent earnings alleviated concerns about a potential artificial intelligence bubble and heavy borrowing. Following these results, shares of Nvidia and other neocloud companies also rose notably. Investors are reassured as CoreWeave plans to avoid unsecured debt markets in the near future. This market movement highlights optimism regarding the future of AI infrastructure investments.
Aditya Infotech block deal: Dixon Tech offloads shares worth Rs 582 crore; Motilal Oswal MF, Kotak MF buyers
Dixon Technologies (India) sold over 14 lakh shares of Aditya Infotech through block deals worth approximately Rs 581.65 crore. Motilal Oswal Mutual Fund and Kotak Mahindra Mutual Fund purchased the shares at Rs 4,140 each. This transaction occurred after Aditya Infotech reported impressive Q2 results, with a significant increase in profit and revenue. Additionally, the company plans to invest in KGraph AI Solutions to enhance technology capabilities.
Microsoft presses President Trump to scuttle expected ban on Chinese data centre technology
Reuters reported in August that the Trump administration wants to ban US imports of new models of Chinese optical transceivers, which allow data to travel over fiber-optic cables at the speed of light within data centers. The concern is that they could be used by Beijing to steal data, install malware or disrupt service at US data centers.
US-China AI race could face financial setbacks, mass layoffs over next three years: Report
The report highlighted, the global artificial intelligence (AI) race is increasingly becoming a contest between China's state-led approach and the US market-driven model.
Is AI selloff a window to buy? Morgan Stanley sees multiple buying opportunities on Wall Street
Morgan Stanley sees the recent AI stock selloff as an overreaction and recommends selectively buying the dip across hyperscalers, semiconductor and infrastructure companies. The brokerage expects some US data centre projects to shift from 2028 to 2029 following Democratic election victories, potentially extending the AI capital expenditure cycle and reshaping investment opportunities.
Tech investor SoftBank Group logs $7 bn quarterly net loss
The company's profits routinely see wild fluctuations linked to the volatile value of global technology stocks and its changing portfolio of investments and acquisitions.
Moonshot AI rents Nvidia’s top AI chips in China, documents show
Documents indicate that Moonshot AI possibly accessed advanced Nvidia chips despite US export restrictions and related investigations. The servers were reportedly rented from Super Micro Computer Inc. with significant financial backing from Lingmeixin Technology Co.
Indian organisations on edge as sites fail to Captcha AI intruders
Personal AI agents such as Instinct, Muse, Grokbot and OpenClaw have taken over the consumer internet in the US. But last month, major US banks, including JPMorgan Chase, Bank of America, Wells Fargo and Morgan Stanley, reportedly flagged AI agents such as Meta’s Muse accessing customer accounts using login credentials voluntarily shared by users laying bare the risks of handing AI agents the keys to consumers’ digital lives.
Norway reins in data centre industry amid AI boom
Norway produces more power than it consumes and is a net exporter, but recent projections show that demand from new data centres could lead to an energy deficit and rising electricity prices in the coming years.
SoftBank to face scrutiny of AI strategy at second-quarter earnings after selloff
SoftBank Group is on the brink of unveiling its quarterly earnings, navigating a turbulent landscape marked by challenges in the artificial intelligence sector and looming regulatory issues. The company's heavy investments in AI, alongside setbacks like a thwarted acquisition, have sparked skepticism among investors. Predictions indicate earnings could be highly unpredictable, with net profit estimates varying significantly, highlighting ongoing financial instability.
Anthropic buys power for AI data centres in $3.4b deal: Report
Anthropic PBC has recently agreed to pay $3.4 billion for gas-fired generators from OnePWR Solutions. This purchase secures 1.7 gigawatts of generator commitments intended for their data centers. Initially, Anthropic planned to procure power from OnePWR but later chose to take over Caterpillar Inc. generator orders. This deal highlights AI labs increasingly engaging directly with energy suppliers for necessary equipment.
Activists breach Microsoft data centre construction site as protests spread in Europe
Activist groups have announced actions in 16 countries on Friday and Saturday, according to the "Stop Dirty Data Centres" coalition, which is rallying environmental groups and digital rights campaigns behind calls to pause large-scale construction.
China blocks SoftBank's $5.4 billion takeover of ABB's robotics division: FT
Softbank had agreed to buy ABB's robotics business in October last year, as CEO Masayoshi Son sought to establish SoftBank as a core player in the development of artificial intelligence.
AI sharpens cat-and-mouse hacking battle as companies strengthen defences
From hacked supermarket fridges and a record cryptocurrency theft at Binance to an emergency over flaws in widely used web software, companies worldwide are facing a wave of cyber threats executives say AI is accelerating
China blocks SoftBank's $5.4 billion takeover of ABB's robotics division: Report
China has informed Japanese investor SoftBank that it will block the $5.4 billion acquisition of ABB's robotics segment. This decision is driven by concerns about data transfer overseas for artificial intelligence training. SoftBank had hoped for approval after reaching an agreement last October. ABB's robotics business significantly relies on the Chinese market, contributing about 30% of its total operations.
AI shopping agents could threaten Amazon and Walmart's ad business
Retail powerhouses Walmart and Amazon are also the world's two largest retail media businesses, dominating the estimated $74.4 billion in US retail media spending with a combined 88% share of that market, according to projections from data firm Emarketer. But digital assistants could soon disrupt that business.
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