Jefferies Warns AI Spending Could Keep US Inflation Elevated
Investment bank Jefferies warns that the huge AI spending spree on data centres and chips could keep US inflation high,…
From the newsroom
Agentic AI Replacing SaaS: Why the Old Software Playbook May Not Come Back
Software is moving from a tool you use to a worker that acts for you. This piece explains in easy…
AI Inflating Student Grades: New Study Says Marks Went Up, Not Learning
A UC Berkeley study of 500,000+ grades finds AI is inflating student grades, with top marks rising where AI can…
Sam Altman AI Scaling: OpenAI CEO Says Researchers Held AI Back
OpenAI CEO Sam Altman says researchers held AI back by doubting that scaling - making models bigger with more data…
Instagram TV App Goes After Netflix and YouTube With Episodic Video
Instagram is adding longer videos, shows in parts, and live video to its TV app. The plan takes on Netflix,…
Klue Hack and Data Breach Hits Several Top Cybersecurity Firms
Hackers broke into Klue, a market research software company, and stole customer contact data linked to several top cybersecurity firms.…
Lucid Motors Layoffs: New CEO Cuts 18% of Staff to Simplify the EV Maker
Lucid Motors is cutting about 18% of its staff (around 1,500 jobs). The new CEO wants to spend less, sell…
Persistent Systems AI Spending: Why It’s Betting on Cost Control
Indian IT firm Persistent Systems is keeping its costs low and its profits steady while big clients decide how much…
Onida Comeback: The ‘Devil’ Brand Bets on a New Run in India’s Appliances Market
Onida, the old Indian brand with the red 'Devil' mascot, is making a comeback. It has a new CEO, a…
Indian Startup Funding Roundup: 8 Early-Stage Deals From Late June 2026
India's young companies raised money again in late June 2026. Eight early-stage startups in music tech, haircare, money, software, scooters…