Some purchases by bullish investors boosted the valuation in recent months, ahead of Neuralink's May 25 announcement that US regulators had approved a human trial on its brain chip, the sources said.

Reddit is facing a backlash after its CEO announced that third party app developers must pay to access its API and data. This has led to protests, with thousands of subreddits going 'dark.' Developers like Christian Selig, creator of Apollo, feel devastated. In an exclusive interview with CNBC-TV18, Selig talks about conflicting emotions, unviable finances and on a brighter note, his plans for a future with virtual pet app Pixel Pals.

According to Nvidia's 2023 annual report, Huang owns as many as 86.9 million shares of Nvidia, or about 3.5 percent of the company’s stake.

In a letter to TCS employees, new CEO Krithivasan said as the tech giant steps into the next phase, it will continue investments in areas like Cloud, Cyber Security, 5G, IoT, Generative Al, etc. with an unrelenting focus on customer relationships and impeccable delivery.