Amazon beats quarterly cloud growth estimates on strong AI demand; AWS revenue jumps 28%

Amazon Web Services (AWS) surpassed Wall Street's cloud revenue expectations, driven by increased enterprise spending on AI adoption. Despite strong cloud performance and significant AI partnerships, the company's stock dipped after projecting current-quarter operating income below estimates. Amazon is investing heavily in AI infrastructure, aiming to monetize these expenditures in the coming years.

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On witness stand, Elon Musk accuses Sam Altman's lawyer of trying to trick him

Elon Musk is in court accusing OpenAI's lawyer of trying to trick him. The trial centers on Musk's lawsuit claiming OpenAI abandoned its mission to benefit the public. He alleges co-founder Sam Altman and others created a for-profit entity for personal gain. OpenAI argues Musk wants to control the company.

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Elon Musk tells his side of OpenAI's beginnings in trial pitting him against CEO Sam Altman

Elon Musk testified for a second day in his trial against OpenAI co-founder Sam Altman, accusing him of betraying promises to keep the AI company a nonprofit. Musk claims he lost confidence by late 2022, believing Altman was trying to "steal the charity." OpenAI lawyers deny these allegations, stating no promise was made to remain a nonprofit indefinitely.

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Eternal Q4 revenue, profit surge on Blinkit boost

Eternal, which runs Zomato and Blinkit, saw its March quarter revenue surge threefold and net profit rise 4.5 times. Quick commerce margins improved significantly. The company crossed $10 billion in net order value across its businesses. This figure is expected to double in two years. Blinkit's growth is projected to exceed 60% over the next three years.

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Amazon secures exclusive rights to Oprah Winfrey's podcast

Amazon's Wondery has inked a multi-year deal with Oprah Winfrey's Harpo Entertainment. This agreement grants Wondery exclusive rights to "The Oprah Podcast" in audio and video. The deal also includes rights to "The Oprah Winfrey Show" library, "Oprah's Book Club," and "Oprah's Favorite Things." This move expands Amazon's podcast presence and offers new content opportunities across its platforms.

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Capital-A secures first close of Rs 160 crore for Fund II; bets on manufacturing, deeptech

The first close was anchored largely by domestic investors such as Srikar Reddy of Sonata Software, Siddharth Bafna of Lodha & Co; Sekhar Boddu, a former Amazon technology director; Chamaria Group, Steel House Family Office, Avyay Jhunjhunwala,founder of Enzo Developers, family office of Vijayalakshmi Agarbathi Works, and the Anand Rathi Group.

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OpenAI CEO apologises to Canada town for not reporting mass shooter

OpenAI's CEO Sam Altman has apologized to a Canadian town devastated by a February mass shooting, saying he was "deeply sorry" the company did not notify police about the killer's troubling ChatGPT account. Canadian officials condemned OpenAI's handling of the case and summoned company leaders to Ottawa to explain its security protocols.

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Upskilling critical as AI disrupts India’s IT sector: Arundhati Bhattacharya, Salesforce

India's IT sector faces a critical juncture as AI reshapes the industry, necessitating rapid workforce upskilling. Salesforce India CEO Arundhati Bhattacharya highlighted that while job disruption is unavoidable, new roles will emerge. She emphasized India's young, adaptable talent pool as a key advantage for continued global relevance, urging a proactive embrace of these transformative changes.

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What is Signal and is it secure?

Russia-linked hackers are targeting Signal users. These attacks exploit user trust through phishing. They trick people into revealing account details. This allows hackers access to messages and chats. Signal's encryption remains strong, but user vigilance is crucial. The app's non-profit status and privacy focus are highlighted.

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Digital defence in the age of Mythos, why Indian banks are on high alert

India is poised to become a global AI execution hub. Powerful AI models like Anthropic's Mythos present both opportunities and security risks for the banking sector. India's vast trained workforce and cost-effective infrastructure offer a significant advantage. The nation can harness these strengths to drive AI adoption and achieve tangible returns on investment.

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Infanticide case at Foxconn exposes workplace welfare gaps, spurs calls for reforms

A tragic infanticide at Foxconn's Devanahalli unit highlights critical gaps in mental health awareness, workplace support, and reproductive healthcare for young women in large electronics manufacturing facilities. Experts urge enhanced monitoring, on-campus counseling, comprehensive sex education, and government policy interventions to prevent future incidents and ensure employee wellbeing.

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US Justice Department intervenes in xAI challenge to Colorado tech law

In its intervention, the Justice Department said the law violates the Fourteenth Amendment's equal protection ‌guarantee by ⁠requiring ⁠companies to guard against unintended discriminatory effects while allowing some discrimination ​aimed at promoting diversity.

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OpenAI offers $25,000 to anyone who can jailbreak its latest model GPT-5.5

OpenAI is offering $25,000 to security researchers who can bypass the safety guardrails of its new AI model, GPT-5.5, through a "bio bug bounty" programme. This initiative invites vetted experts to find universal "jailbreak" prompts, marking a significant step in external adversarial testing for AI safety.

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Nvidia becomes first company to cross $5 trillion in market value

Nvidia has achieved a historic milestone. The chipmaker is now the world's most valuable listed company. Its market capitalization has surpassed five trillion dollars. This surge places Nvidia ahead of tech giants like Alphabet and Apple. The company's success is driven by its crucial role in supplying GPUs for artificial intelligence models. Nvidia's stock performance reflects its strong market position.

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Thrive launches permanent capital arm, to buy stake in San Francisco Giants

Thrive Capital has unveiled Thrive Eternal, a new venture for long-term investments. This permanent capital holding company aims to acquire and manage significant assets for decades. Its first proposed partnership is with the San Francisco Giants baseball team. This move signifies Thrive Capital's expansion beyond technology into iconic franchises. The agreement awaits league approval.

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Infosys logs 21% jump in Q4 profit

Infosys, India's second-largest IT firm, announced robust revenue and net profit figures for the fourth quarter of FY26. Despite outperforming rivals, the company issued a wider annual revenue forecast for FY27. This cautious outlook reflects global economic shifts and the impact of artificial intelligence on the IT sector.

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Meta tells staff it will cut 10% of jobs in push for efficiency

Meta Platforms is set to lay off approximately 8,000 employees, about 10% of its workforce, on May 20. This significant workforce reduction aims to boost efficiency and offset substantial investments in artificial intelligence development. The company is also freezing 6,000 open positions. Affected employees will receive generous severance packages and support services.

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Sundar Pichai reaffirms $185 billion capex spending by Google in 2026

Google plans a massive $185 billion investment in artificial intelligence infrastructure this year. CEO Sundar Pichai highlighted AI's growing role in software development and security. New platforms like Gemini Enterprise Agent and advanced chips like TPU 8t and TPU 8i are being introduced. This significant spending signals Google's strong focus on enterprise AI solutions and future growth.

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Microsoft appoints Daniel Shapero as LinkedIn's new CEO

Daniel Shapero has been appointed the new CEO of LinkedIn, succeeding Ryan Roslansky. Shapero, an early employee who joined in 2008, previously served as LinkedIn's Chief Operating Officer. Roslansky will continue at Microsoft, taking on expanded responsibilities in the Office productivity group.

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Blockchain billionaire Sun takes Trump family's crypto firm to court

Justin Sun is suing World Liberty Financial, a crypto venture co-founded by Donald Trump and his sons. Sun alleges the company illegally froze his token holdings, worth approximately $320 million. He claims World Liberty secretly installed tools to prevent him from selling his tokens. The company denies the allegations, calling them meritless.

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Apple's Ternus era hints at renewed hardware focus, AI growth push

Ternus, a 25-year veteran who has overseen development of key products including multiple iPhone generations, will take the helm in September, succeeding Tim Cook after more than a decade of ‌strong growth that ⁠saw ⁠Apple's market value swell to around $4 trillion.

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AI platform NudgeBee raises $3 million in funding from Kalaari Capital

NudgeBee has raised $3 million in a funding round led by Kalaari Capital, betting on rising demand for AI-led automation in enterprise cloud operations. The company said it will deploy the fresh capital to strengthen its core platform, expand its enterprise context layer, and scale go-to-market efforts through partnerships as well as direct enterprise sales.

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Lovable denies data breach, says public settings are ‘intentional’

Lovable data breach: Stockholm-based AI app-building platform Lovable said it did not suffer a data breach after concerns surfaced over the visibility of chat messages and code in projects set to public.

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Elon Musk skips hearing in French probe of X

Tech billionaire Elon Musk on Monday did not appear at a summons for questioning ​in a French probe into X and its ​AI chatbot, Grok, over alleged abuse of algorithms and fraudulent data extraction, the Paris prosecutor's ​office said.

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Senior IT executives join AI party as startup founders

Senior Indian IT executives are launching their own AI startups, leveraging years of client contacts and enterprise knowledge to offer cost-efficient AI-led services. This trend is accelerating as agentic AI allows smaller, agile teams to compete with larger IT incumbents, filling niche market demands and attracting venture capital.

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Blue Origin achieves first landing of reused New Glenn rocket booster

Blue Origin successfully landed its New Glenn rocket booster for the first time after launching AST SpaceMobile's BlueBird 7 satellite. This marks a significant step in demonstrating the heavy-lift rocket's booster reuse capability, aiming to compete with SpaceX.

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AI 'agent' fever comes with lurking security threats

Powerful AI agents, like those created with OpenClaw, are raising cybersecurity alarms. Researchers have observed these agents performing dangerous actions, from deleting inboxes to sharing personal data. As these tools gain access to sensitive accounts, they become prime targets for hackers seeking to exploit vulnerabilities and steal information.

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Nimble companies are succeeding in the AI era: YC's Jared Friedman

AI startup founders are pivoting faster and more often in the era of AI, and strong engineering talent in India gives them an edge, said Jared Friedman, managing partner, Y Combinator.

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Thousands of authors seek share of Anthropic copyright settlement

Nearly 120,000 authors and other copyright holders are seeking a share of a $1.5 ​billion class-action settlement with Anthropic over the ​company's unauthorised use of their books in artificial-intelligence training, according to a filing in ​California federal court.

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Former Meta contractor Sama to lay off more than 1,000 workers in Kenya

Facebook's parent company Meta has ended its contract with Kenyan firm Sama. This decision will lead to over 1,000 workers being laid off from Sama's Nairobi office. The company provided content moderation services for Meta. A lawsuit filed by former moderators over poor working conditions and mental health support is ongoing.

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Vibe coding startup Emergent launches AI agent Wingman

Emergent, backed by SoftBank, has launched Wingman, an AI agent to automate routine tasks across popular tools, aiming to boost productivity. Unlike competitors, Wingman prioritizes user confirmation for significant actions, while learning preferences over time. This move taps into the growing demand for AI that manages workflows independently, not just responds to commands.

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Anthropic appoints Indian-origin Novartis CEO Vas Narasimhan to its board

Anthropic’s Long-Term Benefit Trust is an independent governance body, designed to insulate key decisions as it scales its frontier AI systems. Narasimhan brings deep experience at the intersection of medicine, regulation, and global health. As the chief executive of Novartis, he has overseen the development and approval of more than 35 novel medicines.

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Indian companies turn to outsourced cybersecurity to bridge talent gap

India’s cybersecurity outsourcing market is growing as companies adopt SOC-as-a-service due to talent shortages, high costs, and complex threats. Mid-sized firms lead demand, especially in BFSI, telecom, and IT. Hybrid models dominate, with AI-driven automation improving efficiency, while human oversight remains essential in managing evolving cyber risks and responses.

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Trump posts AI image of himself as Jesus-like figure, drawing outrage

US President Donald Trump posted an AI-generated image of himself as a Jesus-like figure on Sunday, drawing widespread criticism ​even from some religious conservatives who typically support him, ​before deleting the post on Monday.

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Consumer company CTOs want engineers who can think, not just code

New-age companies are prioritizing senior engineers with creativity, curiosity, and ownership as they become AI-first. Hiring for engineering roles has surged, with a focus on system thinking and AI collaboration. Companies are shifting technology from a support function to a core business driver, demanding engineers engage with customers and co-own product outcomes.

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Israeli firm Black Cube confirms Cyprus sting to 'expose corruption'

A private Israeli intelligence firm, Black Cube, has admitted its role in a sting operation in Cyprus. The operation targeted state officials and private interests. Black Cube stated it aimed to expose corruption and foster a cleaner business environment. A senior aide to the Cypriot president resigned following the release of a video related to the operation.

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India accounts for 15% of GitHub’s global user base, with 27 million developers on the platform

Kyle Daigle, CEO of GitHub, said in a post on X that India now accounts for one in seven new developers globally. India now makes up over 15% of GitHub’s global user base of over 180 million developers.

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SoftBank sets up company in Japan to develop AI domestically: Report

SoftBank has set up a company in Japan to develop AI domestically, Nikkei says

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xAI exodus: Why cofounders left and Musk’s comeback plan

xAI has seen a wave of cofounder exits this year as the company undergoes major internal changes and restructuring. While Elon Musk remains confident about rebuilding from the ground up, questions are growing about what is driving the departures. Here’s a closer look at what’s happening inside the company.

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Karnataka government ignores protests, notifies lifetime tax on EVs, spares two-wheelers

Karnataka has introduced a new lifetime road tax for electric cars, jeeps, and buses, excluding two-wheelers. This move aims to generate an additional Rs 250 crore for the state government. The decision has drawn criticism from Union Minister Pralhad Joshi and the EV industry, who fear it could increase crude oil imports and hinder climate goals.

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TCS and five other firms empanelled to build & run AI for govt departments

The Centre has empanelled six partner firms, including Tata Consultancy Services (TCS), to develop and deploy AI solutions across government departments. More than 80 companies had submitted bids for the request for empanelment (RFE), which closed last week, with firms such as KPMG, Deloitte, PwC, EY, Fractal Analytics, Gnani AI and Jio Haptik missing the final shortlist on February 27.

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xAI CFO Anthony Armstrong leaves the company: Report

Anthony Armstrong, xAI's Chief Financial Officer, has left the company. This departure is part of a larger trend of senior staff exits. Armstrong was instrumental in guiding X's finances back to stability. Meanwhile, SpaceX is preparing for a significant initial public offering. The space company aims to raise a substantial amount of capital.

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TCS Q4 Results: Profit jumps 12% YoY to Rs 13,718 crore; revenue rises 10%

TCS Q4 Results: Tata Consultancy Services announced a 12% year-on-year increase in its consolidated net profit, reaching Rs 13,718 crore for the fourth quarter. The IT services giant also reported a 10% YoY revenue growth to Rs 70,698 crore, bolstered by three mega deals worth $12 billion. The company declared a final dividend of Rs 31 per share.

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Tesla is developing a new smaller, cheaper EV, sources say

The effort follows a decision by chief executive Elon Musk to scrap a highly anticipated low-cost EV project in 2024 and pivot the company to focus on robotaxis and humanoid robots. A key question is whether this latest effort to develop a smaller SUV signals a strategy shift back to mass-market human-driven EVs or whether the new ‌model would align more with Tesla's ⁠vision for fully ⁠autonomous vehicles.

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PE-backed IT companies growing faster, thanks to costs control, ops shifts, say experts

Private equity backed IT firms are growing faster than public market companies. This is due to strong cost control and operational changes. These firms show higher risk appetite and focus on leadership. They are also quicker to adapt to AI-led disruption. This efficiency leads to higher market valuations. Investors are interested in their repeatable revenue and scalability.

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Citigroup says AI helps speed account openings and systems upgrades

US banks are embracing AI, the biggest technological upheaval to the world economy since the internet, to boost productivity and, in some cases, cut jobs.

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Digital lender Kreditbee in unicorn club with $280 million at $1.5 billion valuation

Digital lending firm Kreditbee has raised $280 million, becoming a unicorn with a $1.5 billion valuation. This funding marks their last private round before a planned public listing. The company is awaiting regulatory approval for its initial public offering. Kreditbee has expanded its offerings and is investing in new technology.

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Anthropic touts AI cybersecurity project with Big Tech partners

Under its "Project Glasswing", select organizations will be allowed to use the startup's unreleased and general-purpose AI model, "Claude Mythos Preview", for defensive ‌cybersecurity work, Anthropic ⁠said. ⁠Other partners include CrowdStrike, Palo Alto Networks, Google and Nvidia.

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Adobe debuts AI Student Spaces on Acrobat; enables podcasts, videos from study material

Amid rising competition, Adobe is positioning Student Spaces against tools like Google NotebookLM, GoodNotes, and Turbo AI to make Acrobat into a unified platform for both consuming and creating study material.

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Samsung flags eightfold jump in Q1 profit as AI chip demand drives up prices

Samsung estimated an operating profit of 57.2 trillion won ($37.92 billion) for the January ​to March period, compared with an LSEG SmartEstimate of 40.6 trillion won and a more than eight-fold jump from 6.69 trillion won a year earlier.

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Pine Labs’ Navin Chandani steps down as president, CBO of issuing business

The resignation is effective April 6, 2026, and no successor has yet been named. In his resignation letter, Chandani said he is leaving to ‘pursue career opportunities outside the company.' The company has, however, not yet named a successor.

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Platforms brace for impact as gig workforce returns home

According to industry executives, the daily active gig workers on quick commerce platforms are currently running 10-12% below early-2026 levels. The timing is particularly damaging. Typically, quick commerce as well as food delivery platforms see an uptick in demand during this period due to Indian Premier League (IPL) matches.

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Kremlin's drive for a state-backed messaging app touches a nerve for some

In ​what has been cast by diplomats as Russia's "great crackdown", Russia has repeatedly blocked mobile internet and ​granted sweeping powers to cut off mass communications while jamming messaging services and virtual private networks.

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Britain woos expansion effort by Anthropic after US defence clash: Report

Britain woos expansion effort by Anthropic after US defence clash, FT says

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Zaggle CFO Aditya Kumar steps down; Rajesh Tummalaganti named interim finance chief

Fintech firm Zaggle Prepaid Ocean Services on Friday said its chief financial officer Aditya Kumar has stepped down from his role, effective April 3, 2026. The company has appointed Rajesh Tummalaganti as interim CFO.

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Elon Musk asks SpaceX IPO banks to buy Grok AI subscriptions, NYT reports

Some banks ​have agreed to spend tens of millions of dollars a ​year on the chatbot and have begun integrating it into their IT systems, the ​report said.

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China moves to regulate digital humans, bans addictive services for children

The draft regulations would ​also ban the use of other people's personal information to create digital humans without ​consent, or using virtual humans to bypass identity verification systems, reflecting Beijing's efforts to maintain control in the face of advances in artificial intelligence.

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Karnataka: Pralhad Joshi fears taxes on EVs will derail India’s emission targets

Union Minister Pralhad Joshi criticized Karnataka's decision to withdraw road tax exemptions for electric vehicles, warning it could increase India's crude import bill and hinder climate goals. He argued the move, aimed at raising Rs 250 crore, is fiscally shortsighted and contradicts global clean mobility incentives.

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Trump administration appeals ruling that blocked Pentagon action against Anthropic over AI dispute

Department of Justice attorneys filed a notice in San Francisco federal court on Thursday of their intention to appeal last week's ruling by US District Judge Rita Lin. Lin last week said she was blocking the Pentagon from labelling Anthropic a supply chain risk. She also said she was blocking enforcement of President Donald Trump's social media directive ordering all federal agencies to stop using Anthropic and its chatbot Claude.

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SpaceX files initial paperwork to sell shares to the public and likely make Musk a trillionaire

A SpaceX IPO promises to be one of the biggest Wall Street events of the year, with several investment banks lining up to help raise tens of billions to fund Musk's ambitions to set up a base on the moon, put datacenters the size of several football fields in orbit and possibly one day send a man to Mars.

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SpaceX's business and finances: Rockets, satellite communications and budding AI

SpaceX is gearing up for a massive stock market debut, potentially the largest ever. The Elon Musk-led company is known for its rocket launches and Starlink internet service. SpaceX is also developing its Starship for lunar and Mars missions. Recent financial reports show significant revenue growth. The company's acquisition of xAI further expands its reach into artificial intelligence.

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Apple tests Siri feature that handles multiple commands at once: Report

The feature is ‌being built ⁠into iOS ⁠27, iPadOS 27 and macOS 27 operating systems, all ​of which are expected to launch later this year, Bloomberg said, ​citing people familiar with the matter.

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Union Cabinet appoints IndiaAI Mission CEO Abhishek Singh as the Director General of NTA

In a sweeping bureaucratic reshuffle on the last day of the financial year, the Appointments Committee of the Cabinet (ACC) has approved the appointment and transfer of over 40 senior officers across various central ministries and departments.

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