PERPLEXITY AI DOWN
Hyundai Motor India Q2 Results: Standalone profit falls 24% YoY to Rs 1,189 crore, but revenue rises 18%
Hyundai Motors India has reported a standalone net profit of Rs 1,189 crore for Q2 FY27, reflecting a notable decrease of 24% compared to Rs 1,570 crore during the same period last year. However, their operational revenue has grown to Rs 20,191 crore, representing an 18% increase from Rs 17,061 crore in the corresponding quarter of the previous fiscal year. This performance illustrates the company's resilience amidst shifting market conditions.
Global Market: Bank Indonesia defends policy mix after market confusion
Bank Indonesia has defended its latest policy package combining an unchanged benchmark rate, a higher deposit facility rate and reserve requirement cuts. The central bank says the measures aim to improve monetary policy transmission, boost banking liquidity and support credit growth.
Anthropic's Dario Amodei: AI's most visible CEO and enigma
The surge in artificial intelligence and the heated debate around its risks have made Anthropic CEO Dario Amodei the most visible tech leader -- though the 43-year-old remains an enigma. "I think he is one of the great legends in tech and business," says Alex Karp, CEO of data-analytics specialist Palantir.
AI Is Changing How Customers Choose Your Business
As AI increasingly mediates how customers research, evaluate, and choose suppliers, competitive advantage is shifting from direct customer understanding to managing AI-shaped interactions. Drawing on the experiences of three small-to-medium sized businesses they worked with, the authors show how firms can adapt. A manufacturer improved sales efficiency by screening AI-generated inquiries before investing engineering time in quotations. A boutique hotel learned to monitor how AI tools described its business and revised public content to improve accuracy and differentiation. A B2B software company replaced periodic customer reviews with continuous monitoring of customer feedback and AI-generated market perceptions. Across all three cases, the lesson is that firms must treat AI as a new intermediary in the customer relationship. Winning companies will not necessarily spend the most on technology; they will build systems for continuously listening, interpreting signals, and adapting strategy in markets where both customers and the information they rely on are increasingly AI-mediated.
IT mojo returns pre-Q4 results; Flipkart's AI sprint
IT stocks have gained momentum ahead of Q4 results. This and more in today's ETtech Top 5.
Execution is the new frontier: How Anthropic, Perplexity and Moltbook are reshaping AI
AI’s frontier has moved from beyond intelligence to orchestration. Autonomous agents, not just chatbots, are becoming the industry’s new power centre. Anthropic, Perplexity, and Moltbook are defining how autonomous systems will operate at scale.
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Krafton’s Rs 6,000 crore fund; India turns AI hotspot
Krafton is planning to double down on India with its new fund. This and more in today’s ETtech Top 5.
Meta partners with news outlets to expand AI content
Meta announced Friday it will integrate content from major news organizations into its artificial intelligence assistant to provide Facebook, Instagram and WhatsApp users with real-time information. The feature will allow users to access "more diverse content sources" and receive links to partner websites to dive deeper into stories, Meta said in a blog post.
Cloudfare down? Cloudflare outage hits these major platforms. Which sites are down? See full list of services affected, when will it be back up
Cloudfare down? Cloudflare outage hits these major platforms and causes disruption across X, ChatGPT, Spotify, Perplexity, Letterboxd and more. Many users report 500 errors and loading failures. Cloudflare confirms issues with its network, dashboard and API. The company continues investigations and says services may show high error rates during recovery.
Cloudfare outage impact: X, Perplexity, ChatGPT, Canva, Google Cloud inaccessible for millions
"Cloudflare is experiencing an internal service degradation. Some services may be intermittently impacted. We are focused on restoring service. We will update as we are able to remediate. More updates to follow shortly," Cloudflare's system status site showed, identifying the problem as a "global network issue" causing widespread API and dashboard failures.
Reddit accuses 'data scraper' companies of stealing its information
Reddit is taking a firm stand against four data scraping companies, including SerpApi, Oxylabs, and AWMProxy, by initiating legal proceedings. The allegation? That these companies pilfered Reddit's content via Google search result scraping and then sold that data to tech giants such as OpenAI and Meta to fuel their chatbot creations.
Roblox, Snapchat & Amazon down: Full list of online platforms facing issues amid AWS outage
Snapchat and Roblox Down: A widespread outage originating from Amazon Web Services disrupted numerous popular online platforms on Monday, including Roblox, Robinhood, Snapchat, and Perplexity AI. Users globally reported access issues, with some services beginning to recover. The cause and duration of the AWS-related disruption remain unconfirmed by Amazon.
Satya Nadella more than a tech titan, a mentor too: Perplexity’s Aravind Srinivas
In an interview with ET, Srinivas said that even amid competition in the artificial intelligence space with Perplexity going up against the likes of Copilot, Nadella still focuses on the big picture. He added that Perplexity’s success could create opportunities to partner with Microsoft.
Perplexity acquires Visual Electric to rival OpenAI’s Sora, Google’s Nano Banana
Perplexity AI has acquired Visual Electric, an AI-based image and video generation platform. The Visual Electric team will join Perplexity to develop new consumer product experiences, while Visual Electric winds down its current operations over 90 days, offering refunds and data export.
Infra.Market IPO; RBI Guv on UPI charges
Infra.Market has filed the draft papers for a public market listing. This and more in today's ETtech Top 5.
Browser battles: Chrome’s AI upgrade takes aim at Perplexity’s Comet
Currently available in the US, Gemini can clarify user queries on any webpage and even across multiple tabs on Mac, Windows desktop, and Android devices. The company said the feature will also be available to businesses in the coming weeks through Google Workspace, and added that Gemini will soon be built into iOS.
Perplexity to provide users live earnings call transcriptions for Indian stocks
US-based AI firm Perplexity has enhanced its Finance dashboard with live transcriptions and earnings call schedules for Indian companies. Following its launch of free access to Indian stock data, the move aims to simplify market research. Perplexity also partnered with Airtel to offer its AI search tool to millions of users.
FirstCry trims Q1 loss; Fractal's Rs 4,900-crore IPO
Mother-and-kids retailer FirstCry cut its Q1 FY26 losses as revenue climbed. This and more in today's ETtech Top 5.
Perplexity offers users free access to Indian stock market and crypto data
In a statement shared with ET, the company said that its Indian users can catch up on markets, deep-dive into BSE and NSE-listed stocks, and track Indian company earnings through Perplexity Finance. Users can search for stock prices of particular companies, search for historical data and also track company earnings. The company is hoping that retail investors can build their market positions on the basis of these data sets.
Major Japan newspaper sues 'free-riding' AI firm Perplexity
The lawsuit filed Thursday is one of a slew by media companies worldwide against AI firms using their material and is the first by a major Japanese news organisation, Yomiuri said. It accuses Perplexity of "free-riding on the results of the activities of news organisations, which have invested a great deal of effort and expense".
Airtel offers Perplexity Pro subscription worth ₹17,000/ year for free to all users
Airtel Perplexity Pro Free offer: Bharti Airtel has announced a partnership with Perplexity. Airtel will offer a free Perplexity Pro subscription to its users. This offer is for all Airtel mobile, Wi-Fi, and DTH subscribers. The Perplexity Pro subscription includes advanced AI tools. It provides enhanced search, research, and productivity features. Airtel users can avail this offer through the Airtel Thanks App.
As race for AI startups heats up, Apple, Meta mull Perplexity acquisition
While Apple’s internal discussions on potentially bidding for the AI startup are at an early stage, a Bloomberg News report said that Meta Platforms tried to buy Perplexity earlier this year. These actions are driven by the fact that while Google continues to dominate the search engine space globally, AI-powered alternatives like Perplexity and ChatGPT are gaining traction, particularly among younger users.
Apple executives held internal talks about buying Perplexity: Report
Big tech companies are doubling down on investments to enhance AI capabilities and support growing demand for AI-powered services to maintain competitive leadership in the rapidly evolving tech landscape. Meta announced a $14.8 billion investment in Scale AI last week and hired Scale AI CEO Alexandr Wang to lead its new superintelligence unit.
Chatgpt not working? From Gemini, Copilot to Grok, check list of Chatgpt AI alternative websites
ChatGPT Down: On Tuesday, numerous ChatGPT users worldwide encountered disruptions, facing error messages and sluggish responses. OpenAI confirmed investigating elevated error rates and latency, prompting users to seek alternative AI tools. Options like Google's Gemini, Microsoft Copilot, Claude, Perplexity AI, and You.com offer similar functionalities for writing, coding, and research, ensuring continued productivity during the outage.
Alphabet shares fall 9% as Apple looks to add AI search to Safari in potential blow for Google: Report
Apple is exploring AI search options for Safari. This could challenge Google's search dominance. Google currently pays Apple billions to be the default search engine. Apple is also partnering with OpenAI. Google is trying to integrate its Gemini AI into Apple devices. Analysts believe Google could face significant consequences if it loses its exclusivity on Safari.
Perplexity AI voice assistant comes to iPhones — Here’s what you can do with it
Perplexity AI has launched its voice-activated Perplexity Assistant for iOS, enabling users to perform tasks like playing media, drafting emails, and scheduling meetings on iPhones. The assistant utilises native Apple apps such as Apple Music and Apple Mail for various tasks. While it can't control certain iOS functions due to Apple SDK limitations, it offers a convenient way to manage various tasks hands-free.
Crypto traders on taxmen radar; Spinny fuels up
Indian tax authorities are scrutinising Binance traders over compliance concerns. This and more in today’s ETtech Top 5.
AI startup Perplexity confirms interest to buy TikTok
President Donald Trump earlier this month said the United States was in talks with four groups interested in acquiring TikTok, with the Chinese-owned app facing an uncertain future in the country. A US law has ordered TikTok to divest from its Chinese owner ByteDance or be banned in the United States.
Is the H-1B visa controversy just a distraction from US' real immigration problems?
Aravind Srinivas clarifies that the claims about H-1B visas and Indian immigrants taking American jobs are not data-driven. He points out that illegal immigration is the real concern. He also defends Sriram Krishnan's appointment as AI policy adviser. Srinivas believes the controversy will settle once people review the data. He also discusses the growing role of AI as executive assistants.
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