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Techmeme permalink: https://www.techmeme.com/261008/p42#a261008p42 <a href="https://www.cnbc.com/2026/10/08/open-ai-revenue-nvidia-oracle-coreweave.html"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/261008/i42.jpg" vspace="4" /></a> <p><a href="https://w

A little over a week ago, it was reported that OpenAI’s annualized revenue was approaching $70 billion, a figure that would have made it competitive with Anthropic’s reported run rate. Now, however, the AI lab is said to have told investors that the real revenue is some $20 billi

The Securities and Exchange Board of India (SEBI) has introduced a fresh set of rules aimed at making the regulatory framework for securities market violations simpler and more transparent. The changes cover how settlement amounts are calculated, how certain cases can be resolved

In his 1996 letter to Berkshire shareholders, Buffett wrote, “If you aren't willing to own a stock for ten years, don't even think about owning it for ten minutes.” This makes one consider, even before buying a stock, whether they are comfortable holding it for a longer duration,

Indian equities have become more attractive following a sharp valuation correction, with Motilal Oswal Financial Services (MOFSL) said in a recent report. The brokerage expects earnings growth to remain healthy despite global uncertainties, although it cautioned that stock select

Ukraine's harvest season is moving from wheat and barley into corn, soybeans and sunflower, and farmer Oleksandr Chumak has had a strong yield so far. That should be good news. Instead, after 11 years of growing a range of crops in the Odesa region of southern Ukraine, Chumak has

Artificial intelligence is now used by almost 90% of legal professionals in the U.K. and Ireland, and it's putting one of the profession's oldest conventions — the billable hour — under the microscope. That's according to legal software company Clio's U.K. & Ireland Legal Insight

Artificial intelligence is now used by almost 90% of legal professionals in the U.K. and Ireland, and it's putting one of the profession's oldest conventions — the billable hour — under the microscope. That's according to legal software company Clio's U.K. & Ireland Legal Insight

Listen to this article in summarized format Under the new measures, authorised dealers will not be permitted to allow users to rebook any foreign exchange derivative contract involving the rupee, whether deliverable or non-deliverable, if it was cancelled with any authorised deal

On Tuesday, the S&P 500 hit an all-time closing high, its first since mid-August. Its year-to-date gain has swelled to more than 14%. Wednesday's Consumer Price Index report, perhaps the most closely watched inflation gauge, is among the last key data releases before the Federal

Bank of Maharashtra has emerged as a stock pick this Navratri, with Sumeet Bagadia, Executive Director at Choice Broking, identifying a positive technical setup in the public sector lender. The brokerage's Navratri Pick 2026 report, dated October 9, recommended buying the stock a

The euro zone's currency hit a 17-month low of $1.1161 on Monday as investors worried about France's record public debt and the difficult political path to budget cuts, in contrast with a robust-looking US economy and currency. The dollar index, which measures the greenback again

OpenAI's lower-than-estimated revenue run rate and Tata Consultancy Services' relatively firm second-quarter results also helped boost sentiment in the sector, which has been beaten down by worries about AI-related disruptions to its business model. The Nifty IT index's rise on F

Spot gold rose 1.4% to $4,190.49 by 11:44 a.m. EDT (1544 GMT), heading for a weekly gain of about 1.2%. The metal fell to a two-month low on Wednesday as a stronger dollar and rising US Treasury yields weighed on the non-yielding metal. US gold futures for December delivery also

This week, 28 Indian startups raised $113.35 million across 3 growth-stage deals, 22 early-stage deals, and 3 undisclosed rounds. The week also saw 8 key appointments, 3 fund launches and 2 mergers & acquisitions. In contrast, 24 startups had collectively secured about $411.46 mi

The non-bank lender's profit after tax rose 405.2% year-on-year in the quarter ended September 30, from ₹74 crore a year earlier. Profit increased 21.8% quarter-on-quarter from ₹308 crore in the preceding quarter. Net interest income, including fees and other income, climbed 75.6

Traders said the central bank intervened heavily in the market, selling dollars through large state-owned banks, helping the rupee touch the intra-day high. "However there has been an underlying demand for dollars. Companies were seen covering their positions and buying dollars a

The new framework separately provides for disgorgement of wrongful gains, loss avoided or loss caused to investors, removing the existing double counting of such amounts while calculating settlement terms. Under the new framework, settlement terms will comprise the settlement amo

The BSE Sensex rose 879.09 points, or 1.23%, to close at 72,472.33, while the NSE Nifty 50 advanced 288.65 points, or 1.30%, to settle at 22,520.45. For the week, the Sensex gained 0.8%, and the Nifty rose 0.4%. "Global cues offered some relief as Brent crude eased from its recen

The public listing valued Airtel Mobile Commerce NV, its formal name, at around £5.3 billion, with shares priced at £1.96 apiece, according to a statement released Friday. An Airtel spokesperson said the offer was multiple times oversubscribed attracting strong demand from a broa

As SpaceX struggles to launch Starlink in India, Elon Musk has stepped up his attack on billionaire Mukesh Ambani, mockingly calling him the country’s “prime minister” to suggest he wields outsized control over its government and accusing him of blocking the satellite internet se

4 team rituals that drive AI adoption Elevating AI’s impact from individual productivity gains to team-wide wins requires meeting people where they are. Here’s how teams at Figma, Sephora, Mercari, and Atlassian are making it easier for people to drive real value with AI. Share 4

President Donald Trump's Friday announcement that Russia will supply diesel fuel to the global market marked an apparent pivot from recent efforts to pressure Moscow to end the Ukraine war by targeting Russian energy exports. Trump claimed the move, unveiled with less than a mont

Life-threatening Hurricane Isaias makes landfall in Florida - Published Hurricane Isaias has made landfall in the US state of Florida and is expected to bring life-threatening flooding and winds that have forced thousands to evacuate. The storm weakened slightly to a category 2 h

Indian defence stocks have faced periods of selling pressure over the past year after a strong multi-year rally. Concerns around elevated valuations, profit booking, execution delays, and supply-chain challenges have led to sharp corrections across several defence names, includin

Trump announces deal for Russian diesel as Zelensky calls it a gift to Putin - Published President Donald Trump has announced a deal to import Russian diesel into the US, as he faces mounting pressure to bring down fuel prices. Trump said Putin had agreed to release 300,000 tonne

Anthropic said its models exploited websites on the internet, including some run by U.S. government agencies, and it will turn off live internet access for all of its internal evaluations until the frontier lab is sure it can monitor and control its AI agents. The incidents, disc

US immigration officials defend ICE agents who shot man in same car as child - Published US immigration officials have defended officers who shot and wounded a man in his car in New York on Thursday while his five-year-old son was in the back seat. Department of Homeland Security

'Airlines sound alarm on costs crisis' and 'King's £1.5m bailout' Image caption, The weekend edition of the Financial Times highlights what it is calling a "mounting crisis" for airlines. It reports that persistently high fuel prices are forcing carriers to cut flights, axe costs

Sponsor the next email to 200,000+ entrepreneurs → My wife and I have a friend named Carol who always wants to know exactly how everything in her life is going to unfold. I like to describe her as thinking in “10-year plans.” She wants to know where she’ll live, what she’ll be do

Search fieldHome page Seeking Alpha - Power to InvestorsSearch for Symbols, analysts, keywordsAbout PremiumCreate free accountLog in Trump turns to Russia in bid to lower diesel prices, but analysts see minimal impact Oct 09, 2026, 7:50 PM ETUnited States Oil Fund LP ETF (USO),

Anthropic reports Florida woman’s Claude ‘diary’ threat to shoot up sheriff’s office, felony charge follows — it’s at least the third such conversation to reach police since August Investigators say a message the following day mentioned a new gun. A Lee County, Florida, woman was

Anthropic is making changes to its usage policy for the first time in over a year to reflect new and high-risk cases of misuse — including election interference, weapons development, surveillance, and health and financial uses. But one of the most significant changes prohibits “s

'Everyone hates the police' – what France's school protests reveal about a divided nation - Published As dustbins burn and students chant "everyone hates the police" in the French city of Lille, one teenager explains why he and his friends have taken to the streets. "There aren't

Thousands of security personnel deployed as Delhi braces for ‘cockroach’ protest - Published Parts of the Indian capital, Delhi, have been turned into a fortress, with tens of thousands of security forces deployed, as the influential Gen Z-led "cockroach" movement has called for