AI Boom Triggers Global Memory Chip Shortage, DRAM Prices Surge 600%
SAN FRANCISCO: A global memory chip shortage is driving unprecedented price increases, with the Dynamic Random Access Memory (DRAM) spot…
Databricks Bags $7bn Funding, Valued at $134bn Amid Software Crash
SAN FRANCISCO: Databricks announced that it raised $7 billion at a $134 billion valuation, defying the software sector selloff that…
Amazon, Google, Microsoft and Meta Plan Massive $700 Bn AI Buildout
SAN FRANCISCO: Five leading technology companies collectively will spend approximately $700 billion on AI infrastructure in 2026, nearly doubling last…
AWS Posts Fastest Growth in Over Three Years as Cloud, AI Demand Surge
New York: Amazon Web Services (AWS) ended 2025 on a strong note, delivering its fastest quarterly growth rate in more…
OnGrid Buys Reczee to Bring Hiring, Background Checks Under One Roof
Bengaluru: Background verification startup OnGrid has acquired Reczee, an AI-led recruitment platform, to combine hiring and verification into a single,…
Anthropic Promises Claude Will Remain Ad-Free, Launches Super Bowl Campaign
SAN FRANCISCO: AI startup Anthropic has announced that its chatbot, Claude, will remain permanently free from advertising. The pledge was…
Anthropic’s Launch of New AI Productivity Tools Triggers $285 Billion Software Selloff
SAN FRANCISCO: Anthropic releases legal workflow plugins for its Claude Cowork AI assistant, sparking a $285 billion market capitalization wipeout…
Adobe Offers Unlimited Image and Video Generations for Firefly Users
SAN JOSE: Adobe is lifting generation limits on Firefly for subscribers who sign up before March 16, offering unlimited AI…
Nyca Partners Backs Loop With $14 Mn for Restaurant AI Expansion
New Delhi: Enterprise AI platform Loop has raised $14 million (over INR 126 crore) in a Series A funding round…
SpaceX Acquires xAI in $1.25 Trillion Merger, Targets Orbital AI Data Centers
HAWTHORNE: SpaceX confirmed that it has acquired Elon Musk’s artificial intelligence startup xAI, creating the world’s most valuable private company…