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Google WIndsurf deal

Google Ropes-in Windsurf AI Talent on Board in $2.4 Billion Tech Licensing Deal Without Taking Ownership

Google has roped in talent from AI coding startup Windsurf in a surprise move that put it ahead of rival OpenAI. Rather than acquiring the company, Google is paying $2.4 billion in licensing fees to use Windsurf's tech in a non-exclusive manner. Windsurf stays separate, but its primary team—including CEO Varun Mohan—comes on board at Google DeepMind to develop next-level AI coding tools.
Jul 12, 2025
By Anshul Panda
Megnes Carlsen

Magnus Carlsen Beats ChatGPT in Chess Match Without Losing a Single Piece

World-class chess king Magnus Carlsen beats AI chatbot ChatGPT at an online game. He was victorious in 53 moves without dropping a piece. Carlsen shared the game on X, explaining that he was "bored while travelling." ChatGPT congratulated Carlsen's perfect play, and waved the white flag. The game was an illustration of how even sophisticated AI tools cannot keep pace with Carlsen's chess genius.
Jul 12, 2025
By Anshul Panda
Asian markets reference image

Wall Street Ends Lower as Trump Targets Canada with Tariffs, Nvidia Hits $4 Trillion

U.S. stocks fell Friday after President Trump said he would impose a 35% on some Canadian imports, spooking the markets. The S&P 500 declined 0.33 %, and the Dow fell 0.63 %. Nvidia hit a $4.02 trillion record valuation, while Meta stocks fell by 1.3%. Investors are no looking closely at second-quarter earnings and the effects of tariffs, with such companies as JPMorgan and Netflix reporting next week
Jul 12, 2025
By Anshul Panda
Aqua1

Who Is Behind Aqua 1? Mystery UAE Crypto Fund Sends $100M to Trump's Digital Wallet

A shadowy UAE-based fund named Aqua 1 Foundation has become the biggest known investor in Donald Trump's crypto venture, World Liberty, by purchasing $100 million worth of tokens. Despite its bold move, little is known about its founder Dave Lee or its true financial backers, raising concerns over transparency and foreign influence.
Jul 12, 2025
By IBT News Desk
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Poverty Porn: West's Selective Obsession and India's Economic Realities

Poverty Porn: West's Selective Obsession and India's Economic Realities

By IBTimes SG Desk