Markets & Finance
Micron Posts Record Revenue on Surging AI Memory Demand
Micron posts record quarterly revenue as AI data-centre demand drives strong sales of high-bandwidth memory chips.
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AI
DeepSeek, Huawei Building China’s AI Alliance Against NVIDIA
DeepSeek and Huawei are building a strategic AI partnership pairing open-source models with Chinese chips, reports say.
AI
California Signs Law Banning AI-Only Firing of Workers
Governor Newsom signs SB 947, banning California employers from firing or disciplining workers using AI alone; takes effect July 1, 2027.
AI
US FTC Opens Product-Safety Probes Into OpenAI and Anthropic
The US FTC has opened product-safety investigations into OpenAI and Anthropic, focusing on chatbot safety risks for children and users.
Business & Economy
Companies Are Rehiring Workers They Laid Off for AI, Report Says
Firms that replaced workers with AI are rehiring staff after cost savings failed to materialise, Information Age reports.
Technology
Grokipedia Gets New Look as Encyclopaedia Updates Resume
Grokipedia rolls out a refreshed v0.3 design with a new logo and homepage as content updates resume after a freeze.
Business & Economy
Jio, Allianz Pump Rs 640 Crore Into Insurance JV; NCC Wins Orders
Jio Financial and Allianz Europe invest Rs 320.05 crore each in Jio Allianz General Insurance; NCC wins Rs 500.22 crore in fresh…
Markets & Finance
Fiscal Deficit at Rs 7.1 Lakh Crore in April-August
India's fiscal deficit reached Rs 7.1 lakh crore in April-August, 41.9% of the full-year target, per Controller General of Accounts data.
Markets & Finance
India Cuts Windfall Tax on Diesel, Aviation Fuel Exports from Oct 1
Government cuts windfall tax on diesel to Rs 16/litre and ATF to Rs 10.5/litre from Oct 1; petrol levy unchanged at Rs…
Business & Economy
Amazon Now Reaches 120+ Cities, Eyes 300 in Quick-Commerce Push
Amazon Now has expanded to 120+ Indian cities with 800 micro-fulfilment centres, targeting 300+ cities as quick-commerce rivalry heats up.