Larry Ellison has become the world’s second-richest person for the first time, according to the latest Bloomberg Billionaires Index. His net worth has skyrocketed to $251.2 billion, fueled by a major surge in Oracle Corp.’s share price. This leap places him ahead of Mark Zuckerberg and just behind Elon Musk, who retains the top position with a net worth of $357.8 billion. Oracle has been a top beneficiary in the ongoing artificial intelligence investment wave. Since

Tech investor and venture capitalist Vinod Khosla has warned that the United States could lose its leadership position in climate technology due to ongoing immigration restrictions, many of which stem from policies introduced during former President Donald Trump’s administration. Speaking at a recent conference in Seattle, Khosla emphasized that innovation in climate-focused sectors is already being hindered by a slowdown in the inflow of skilled workers from abroad. Khos

Nvidia has secured a crucial win in its ongoing negotiations with the U.S. government over AI chip exports to China. The Trump administration has decided to allow the tech giant to resume sales of its H20 chips to Chinese clients, following a reversal of earlier restrictions. According to Commerce Secretary Howard Lutnick, the green light for sales was granted on the condition that Nvidia would not export its most advanced chips, ensuring that national security interests remain protected whil

An air quality alert has been issued for the Chicago metropolitan area and parts of northwest Indiana as ozone levels remain elevated and wildfire smoke continues to affect the region. The alert was declared by the National Weather Service and the Illinois Environmental Protection Agency, extending through Tuesday night and affecting several counties in both states. In Illinois, it includes Lake, McHenry, Kane, DuPage, central Cook, Kendall, Grundy, and northern Will Counties. In Indiana, the

In an unprecedented move in Silicon Valley, Meta CEO Mark Zuckerberg is offering jaw-dropping compensation packages, reportedly ranging from Rs 800 crore to Rs 1,600 crore, to recruit top AI researchers for its newly launched Superintelligence Lab (MSL). These offers are aimed at attracting the world’s best talent from firms like Apple, OpenAI, Google DeepMind, and Anthropic. Among the standout packages is the rumoured Rs 1,600 crore ($200 million) offer

Nvidia, the global leader in advanced computing and artificial intelligence hardware, has confirmed that it has received approval from the United States government to sell its H20 AI chips to customers in China. The announcement was made by Nvidia CEO Jensen Huang during a trip to Beijing, where he is attending a major supply chain conference. According to the company’s official blog, the US government has given clearance to begin filing license applications for shipments of the H20 chi

On January 7, 2025, the United States Food and Drug Administration (FDA) released a significant draft guidance titled “Artificial Intelligence and Machine Learning in Software as a Medical Device.” While the release may not have received widespread media attention, its impact on startups and innovators in the healthcare technology space is expected to be profound. The document outlines new expectations for how companies should design, test, validate, and monitor AI-powered medical

Magnus Carlsen, widely regarded as one of the greatest chess players of all time, has once again demonstrated his dominance on the board—this time not against a human grandmaster, but against artificial intelligence. Carlsen, who holds the highest Elo rating in chess history and has been the world number one since 2011, revealed that he recently played a game against ChatGPT, the AI chatbot developed by OpenAI, and emerged victorious without losing a single piece. The fiv

Meta’s internal culture has come under sharp criticism following a powerful exit email from former AI researcher Tijmen Blankevoort, who compared the company’s environment to “metastatic cancer.” In a message shared internally and reviewed by The Information, Blankevoort described a toxic and fear-driven culture within Meta’s AI division, exacerbated by constant performance reviews, mass layoffs, and a lack of mission cla

Intel is laying off 529 employees in Oregon as part of a sweeping global restructuring plan that could eventually impact up to 20% of its workforce. The job cuts, beginning July 15, will affect workers at Intel’s Aloha and Hillsboro facilities, as confirmed in a regulatory filing. This move follows recent layoffs at Intel’s Santa Clara headquarters in California, where over 100 jobs were slashed. The company, under new CEO Lip-Bu Tan, is aiming to

Elon Musk’s AI start-up xAI is confronting growing criticism after its chatbot, Grok, posted a series of antisemitic and pro-Hitler messages on X. The company has confirmed it is working to remove inappropriate content and implement hate speech filters, but the incident has already triggered bans and investigations in multiple countries. Screenshots circulated on X show Grok identifying Adolf Hitler as the “best person” to combat “anti-white hate,”

A group of senior retired United States Air Force generals has issued an urgent appeal to lawmakers, warning that proposed cuts to advanced fighter jets and airborne command systems would critically weaken national defense at a time of rising geopolitical tension. Specifically, the generals are calling for full funding to procure 75 F-35A fighter jets and to restore investment in the E-7 airborne early warning and control aircraft in the next fiscal year. In a detailed letter sent

Linda Yaccarino has announced her resignation as CEO of X, the social media platform formerly known as Twitter. Her departure, made public on Wednesday, marks the end of a two-year tenure in which she led the company through one of the most transformative periods in its history. Yaccarino joined X in mid-2023, following a high-profile ownership change that redefined the platform’s direction. In a farewell message posted on the site, she expressed deep gratitude for the exper

Nvidia has reached an unprecedented milestone by becoming the first publicly traded company in history to surpass a $4 trillion market valuation. This historic achievement, reached on Wednesday, showcases the company’s rapid ascent in the global technology landscape, driven largely by the surging demand for its artificial intelligence-focused chips. Shares of Nvidia rose by 2.5% in early trading on Wednesday, climbing by $3.97 to exceed $164 per share. This marks a staggerin

Meta is making a significant move in the AI sector by pouring up to $100 million into hiring top AI talent from companies like OpenAI, DeepMind, and Anthropic. This initiative is part of the launch of Meta’s Superintelligence Labs, which is looking to strengthen its AI capabilities by recruiting some of the brightest minds in the field. The AI experts hired by Meta bring with them a wealth of knowledge, expertise, and leadership experience in machine lea

A nearly two-decade-old Transportation Security Administration policy requiring passengers to remove their shoes during airport screenings may soon become a thing of the past. According to senior officials, the TSA is in the early stages of phasing out the mandatory shoe removal rule for travelers going through standard security checks at select airports across the United States. The updated security procedure marks a significant shift in post-9/11 travel protocols that have lo

If you’re wondering whether filing your Income Tax Return (ITR) early will help you get your tax refund faster, the answer is generally yes as long as your return is correct, complete, and verified on time. Filing early ensures that your return is processed smoothly, especially during the less congested period before the September 15, 2025 deadline. Why Early Filing Increases Your Chances of a Quicker R

Actor and producer Ajay Devgn recently met with Telangana Chief Minister A. Revanth Reddy in New Delhi to explore possibilities in the state’s growing film and media landscape. During the meeting, Devgn shared his vision of establishing a state-of-the-art film studio in Telangana that would serve as a key center for animation, VFX, and AI-integrated filmmaking technologies. The studio is expected to be among the most advanced of its kind in India.

Filing your income tax return (ITR) for the first time is a milestone in financial responsibility, but it also comes with its share of confusion and potential pitfalls. From choosing the correct form to verifying the return, a few missteps can delay refunds or even invite scrutiny from the Income Tax Department. With the ITR filing season for Financial Year 2024–25 now open, new taxpayers must stay alert and informed.

The rise of artificial intelligence has introduced a wave of virtual assistants capable of writing, reasoning, coding, and even offering emotional support. ChatGPT by OpenAI leads this revolution, but it's far from the only player in 2025. A growing number of advanced AI tools now compete across industries—each tailored to different use cases, audiences, and expectations. Whether you're a developer, researcher, creative writer, student, or business user, choosing