OpenAI's September annualized revenue nears $50 billion, less than previously indicated

The discrepancy mainly arose from an attempt to produce a direct comparison with figures from rival Anthropic, the person said on condition of anonymity.

from Tech-Economic Times
via IFTTT

Winners of The ET Startup Awards 2026 to be feted today

Happy Friday! The who's who of the startup ecosystem will come together in Bengaluru today to honour the winners of The Economic Times Startup Awards (ETSA) 2026.

from Tech-Economic Times
via IFTTT

Startups will crown new champions today at 12th ET Startup Awards in Bengaluru

Union minister for commerce and industry Piyush Goyal will be the guest of honour at the event, which will bring together a strong mix of past and present ETSA winners and nominees, alongside leading voices from India’s new-economy landscape. Goyal is expected to speak about the government’s efforts to deepen and expand the country’s emerging business ecosystem.

from Tech-Economic Times
via IFTTT

Trump AI task force leaders to meet on Thursday, vice chair says

Public uneasiness with AI, and the small group of people who seemingly hold sway over it, has risen in recent ⁠months. Most US voters think Trump's administration and Congress are not taking the risks of AI seriously enough and want the government to ​write new regulations for the technology, according to a Reuters/Ipsos poll published on Wednesday.

from Tech-Economic Times
via IFTTT

Amazon makes fresh job cuts, mainly in retail division

Amazon confirmed on Wednesday it had cut what it said were a small number of jobs, primarily in its Stores unit which oversees the main e-commerce

from Tech-Economic Times
via IFTTT

Startup of the Year Groww bets on scale; Qcomm sparks festive credit surge

Happy Thursday! Groww is betting its newer businesses will take a bigger slice of its income. This and more in today’s ETtech Morning Dispatch.

from Tech-Economic Times
via IFTTT

Anthropic launches third Claude 5.5 model, expanding AI lineup before planned IPO

Haiku 5.5 is built for tasks such as classification, summarization and extraction, including live support, voice agents and in-app assistants. It costs 75% less than its predecessor, Haiku 4.5.

from Tech-Economic Times
via IFTTT