Microsoft to spend record $30b as AI investments pay off

US chipmaker Nvidia made history by becoming the first publicly traded company to reach a $4 trillion market capitalization. 

Microsoft announced on Wednesday that it will reduce its global workforce by approximately 4%. This decision comes as the technology giant seeks to manage expenses amidst significant investments in its artificial intelligence infrastructure.

NASA’s James Webb Space Telescope has, for the first time, discovered a previously unknown planet beyond our solar system. Since its launch in 2021, the powerful space observatory has delivered critical insights into the early universe and examined numerous known exoplanets. 

For years, India has been a global hub for IT services, supplying skilled talent and software solutions that have powered technological advancements worldwide. 

Elon Musk has reportedly submitted a $97.4 billion offer to take control of OpenAI`s nonprofit division, according to The Wall Street Journal.

The Indian Space Research Organisation (ISRO) has successfully carried out its first-ever space-docking operation, marking a significant achievement in the country’s space exploration journey. 

Microsoft has unveiled plans to allocate nearly $80 billion toward expanding its AI-focused data centers during fiscal year 2025.

India on Monday launched the Space Docking Experiment, a mission to establish the country`s `capability in orbital docking,` the country`s Space Research Organization (ISRO) said.

China is set to launch its Shenzhou-19 manned space mission on Wednesday at 4:27 am local time (2027 GMT Tuesday).

China successfully launched a new group of satellites on Wednesday, according to state media reports.

Apple has officially introduced the iPhone 16, marking its first smartphone specifically designed to leverage generative AI capabilities.

The United States, Britain and the European Union are expected to sign the first legally binding international treaty on artificial intelligence (AI), according to a report by the Financial Times on Thursday.

On Sunday, China successfully landed an uncrewed spacecraft on the far side of the moon, marking a significant milestone in space exploration. 

TikTok and its parent company ByteDance sued in US federal court on Tuesday seeking to block a law signed by President Joe Biden that would force the divestiture of the short video app used by 170m Americans or ban it.

Social media platform X (formerly known as Twitter) has acknowledged the removal of certain accounts and posts in compliance with an order from the Indian government, reportedly associated with the ongoing farmer protests advocating for higher crop prices.

Apple has claimed the top position in the global smartphone market, dethroning Samsung for the first time in a remarkable 12-year streak.