
OpenAI May Slash AI Service Prices Amid Growing Rivalry With Anthropic
Jun 11, 2026 04:18 am UTC| Technology Business
OpenAI is reportedly considering major price cuts for its artificial intelligence services as competition in the AI industry continues to intensify. According to a Wall Street Journal report citing sources familiar with...

Oracle Stock Falls Despite Earnings Beat as Company Plans $40 Billion Financing for FY2027
Jun 10, 2026 23:40 pm UTC| Business Technology
Oracle Corporation (NYSE: ORCL) delivered stronger-than-expected fiscal fourth-quarter 2026 results, surpassing Wall Street estimates on both earnings and revenue. Despite the positive performance and improved annual...

Meta Partners With Reliance to Launch First AI-Powered Data Center in India
Jun 10, 2026 03:35 am UTC| Business Technology
Meta Platforms, the parent company of Facebook, has announced a major partnership with Reliance Industries to establish its first AI-enabled data center in India, marking a significant step in the companys expansion across...

OpenAI Eyes Massive 10GW Ohio Data Center Campus in Potential $500 Billion AI Infrastructure Deal
Jun 10, 2026 03:34 am UTC| Business Technology
OpenAI is reportedly in discussions to lease a proposed 10-gigawatt data center campus in Ohio, a project that could become one of the largest artificial intelligence infrastructure developments ever undertaken. According...

SpaceX IPO Demand Surges Past $250 Billion Ahead of Historic Market Debut
Jun 10, 2026 00:24 am UTC| Business Technology
SpaceX, the aerospace company founded by Elon Musk, is attracting unprecedented investor interest ahead of what could become the largest initial public offering (IPO) in history. According to a Reuters report, investor...

Trump Administration Defends Anthropic AI Restrictions in Ongoing Federal Lawsuit
Jun 09, 2026 04:16 am UTC| Politics Business Technology Law
The Trump administration has defended its decision to restrict the use of Anthropics artificial intelligence products, arguing in a new court filing that the federal government acted lawfully after the AI company resisted...

OpenAI Files Confidential IPO Draft as AI Giants Race Toward Public Markets
Jun 08, 2026 22:32 pm UTC| Business Technology
OpenAI has confidentially submitted a draft S-1 registration statement to the U.S. Securities and Exchange Commission (SEC), taking a major step toward a potential initial public offering (IPO). The move positions the...