Tech giants commit billions to Indian AI as New Delhi pushes for superpower status

Tech giants have committed to funneling hundreds of billions of dollars into Indian AI efforts, against the backdrop of a major summit in the country that’s brought together world leaders and AI execs. Record sums are being ploughed into AI as governments and companies across the globe race to roll out the technology. Hyperscalers — … Read more

Microsoft Xbox chief Phil Spencer retires, replaced by AI executive Asha Sharma

Microsoft’s head of gaming, Phil Spencer, is leaving the software maker following a 38-year tenure, as the company’s Xbox business faces increased challenges. “Last year, Phil Spencer made the decision to retire from the company, and since then we’ve been talking about succession planning,” Microsoft CEO Satya Nadella wrote in a memo to employees that … Read more

National Parent Teacher Association breaks ties with Meta amid child-safety trials

Meta CEO Mark Zuckerberg leaves the Federal Courthouse in downtown Los Angeles after defending the company in a landmark social media addiction trial in Los Angeles, United States, on February 19, 2026. Jon Putman | Anadolu | Getty Images The National Parent Teacher Association is splitting with Meta as the social media giant’s high-profile child-safety … Read more

The NBA wants to embrace content creators without degrading its golden goose of live sports rights

The future of the NBA’s media strategy was taking shape at this year’s All-Star weekend. The fanfare has always been about showcasing the league’s best players. But this year, the event was as much about the league’s partnership with content creators as it was about on-the-court talent. More than 200 global creators took part in … Read more

Zuckerberg walks into court, flanked by entourage in Meta Ray-Ban AI smart glasses

Meta CEO and Chairman Mark Zuckerberg arrives at Los Angeles Superior Court ahead of the social media trial tasked to determine whether social media giants deliberately designed their platforms to be addictive to children, in Los Angeles, on Feb. 18, 2026. Frederic J. Brown | AFP | Getty Images Meta CEO Mark Zuckerberg walked into … Read more

OpenClaw creator Peter Steinberger joining OpenAI, Altman says

Illustration of OpenClaw logo on smartphone screen Sopa Images | Lightrocket | Getty Images OpenAI CEO Sam Altman said Sunday that the creator of the viral AI agent OpenClaw is joining the company, and that the service will “live in a foundation as an open source project that OpenAI will continue to support.” Previously called … Read more

Trump trade adviser Navarro says administration may force data center builders like Meta to ‘internalize’ costs

White House trade advisor Peter Navarro speaks to members of the media near the West Wing of the White House in Washington, D.C., U.S., August 21, 2025. Nathan Howard | Reuters President Donald Trump’s trade and manufacturing adviser Peter Navarro said on Sunday that the White House may force data center builders to absorb their … Read more

The AI trade has entered a puzzling phase. Do we know who the winners are anymore?

All hail Anthropic, the destroyer of everything. What an amazing service. It can wipe out Adobe by allowing you to design something better that has a much simpler commerce system, designed personally for you. That one is child’s play. ServiceNow may call itself the “AI Control Tower” to signify who is in charge, but the … Read more

Nvidia’s stock is down and AMD is up. The culprit may be Arista.

President and CEO of Arista Networks Jayshree Ullal Scott Mlyn | CNBC Shares of Nvidia and Advanced Micro Devices moved in opposite directions on Friday, after the CEO of Arista Networks told investors that her company is seeing some deployment shifting to AMD. Nvidia’s stock fell almost 3%, while AMD gained close to 1%. “A … Read more

Tech IPO hype gets drowned out on Wall Street by prospect of $1 trillion in debt sales

Magnificent 7 tech stocks on display at the Nasdaq. Adam Jeffery | CNBC While the prospect of a SpaceX initial public offering and the hopeful listings from OpenAI and Anthropic have juiced IPO excitement on Wall Street, the current action in tech capital markets has nothing to do with equity. Rather, it’s all about debt. … Read more