Walmart to cut 10 percent stake in PhonePe IPO

Walmart to cut 10 percent stake in PhonePe IPO

MUMBAI: Tiger Global and Microsoft will fully exit PhonePe as the Walmart-owned fintech gears up for a debut on Dalal Street in the coming months. The first Indian business from Walmart’s stable to go public, PhonePe is seeking to raise about Rs 12,000 crore ($1.3 billion) through an offer for sale (OFS). Walmart, which holds…

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After Microsoft, OpenAI makes a promise, tells Americans: We will be good, will not…

After Microsoft, OpenAI makes a promise, tells Americans: We will be good, will not…

OpenAI has pledged that its massive Stargate data center operations won’t drive up electricity costs for ordinary Americans, joining Microsoft in addressing mounting public concerns about AI infrastructure’s impact on utility bills. The ChatGPT maker announced Tuesday that it will “pay our own way on energy” across all its Stargate campuses, promising tailored solutions for…

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Microsoft is shutting down whose weight is said to have once caused a campus building to sink

Microsoft is shutting down whose weight is said to have once caused a campus building to sink

Microsoft is shutting down its physical and digital employee libraries, ending a decades-old tradition. These resources, including books and premium digital publications, are being replaced by an AI-powered learning experience via its Skilling Hub. This move also sees the cancellation of employee subscriptions to major news outlets and industry reports, sparking criticism from some quarters….

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Vibes in Silicon Valley are bad, even venture capitalists are exhausted as ..., warns CEO of $134 billion software company Databricks

Vibes in Silicon Valley are bad, even venture capitalists are exhausted as …, warns CEO of $134 billion software company Databricks

Databricks CEO Ali Ghodsi warns of an AI bubble, highlighting companies with billions in valuation but no revenue. He criticizes circular financing deals inflating valuations and predicts worsening market conditions. Ghodsi remains optimistic about AI agents, noting their significant use in database creation on Databricks, but sees revenue potential in applications, not commoditized foundation models….

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Two technology company CEOs whom Intel CEO Lip-Bu Tan called to vouch for him before meeting Donald Trump

Two technology company CEOs whom Intel CEO Lip-Bu Tan called to vouch for him before meeting Donald Trump

Intel CEO Lip-Bu Tan called upon two of Silicon Valley’s most influential leaders—Microsoft’s Satya Nadella and Nvidia’s Jensen Huang—to vouch for him with President Donald Trump after the president publicly demanded his resignation over alleged China ties, according to Reuters. The behind-the-scenes outreach, which occurred in August 2025 following Trump’s social media attack calling Tan…

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Phoebe Gates gets $30 million for Phia, that made father Bill Gates say: When your daughter asks if you’d be willing to work a shift in …

Phoebe Gates gets $30 million for Phia, that made father Bill Gates say: When your daughter asks if you’d be willing to work a shift in …

Microsoft founder Bill Gates‘ daughter Phoebe Gates has raised $30 million funding for her artificial intelligence (AI) shopping startup, Phia. The new funding values the company at $180 million. However, Phoebe Gates’ father has yet to invested in the venture. Instead, the Bill Gates donated his time and experience to her daughter’s startup. Earlier this…

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Microsoft  quietly make  big changes to its employee performance reviews, company has removed…

Microsoft quietly make big changes to its employee performance reviews, company has removed…

Microsoft has removed diversity and inclusion from mandatory employee performance reviews, a significant shift from its 2020 commitments. The company also won’t publish its annual diversity report this year, citing a move to more dynamic formats. This follows the disbanding of an internal DEI team and a focus solely on ‘inclusion’ in HR documentation, sparking…

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