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News on Medial
Growing list of Indian-origin CEOs at top firms impresses Elon Musk
Economic Times
·
1y ago
Medial
At present, Micron Technology is led by CEO Sanjay Mehrotra, Adobe is headed by CEO Shantanu Narayen, Microsoft is overseen by Chairman and CEO Satya Nadella, Alphabet and Google are under the leadership of CEO Sunder Pichai, Zscaler, a cloud security company, is managed by CEO Jay Chaudhry, IBM is led by CEO Arvind Krishna, YouTube's CEO is Neal Mohan, and NetApp is helmed by CEO George Kurian, representing some of the prominent figures in the tech industry.
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Elon Musk, Sam Altman and other CEOs join Trump at US-Saudi lunch
Economic Times
·
2m ago
Medial
In Riyadh, Saudi Arabia, business leaders from major U.S. tech firms, banks, and other industries joined President Donald Trump and officials for a luncheon. This gathering aimed at securing Saudi investments, navigating U.S. trade policies, and exploring Saudi Arabia's growing influence in artificial intelligence. Key attendees included Elon Musk, Sam Altman, and other prominent CEOs from Nvidia, Alphabet, Amazon, Blackstone, BlackRock, and Citigroup, highlighting Saudi Arabia’s significance as a major global investment hub.
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Hurun Global Rich List 2025: Tech rules with Musk, Bezos, Zuckerberg leading wealth rankings
Economic Times
·
4m ago
Medial
The Hurun Global Rich List 2025 highlights the prominence of tech entrepreneurs among the world's wealthiest individuals, with Elon Musk, Jeff Bezos, and Mark Zuckerberg occupying the top three positions. Musk remains the richest, with a net worth of $420 billion, while Bezos and Zuckerberg follow with $266 billion and $242 billion, respectively. The list reflects the tech industry's growing influence, particularly in artificial intelligence (AI). Additionally, new billionaires emerged, and global billionaire numbers increased by 5%.
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10 Indian Startups Which Made Into WEF's Tech Pioneers Lis
Inc42
·
1y ago
Medial
The list of top technology companies includes nine Indian companies, such as Pixxel, Sarvam AI, and Cropin. These companies join notable names like Airbnb, Google, and Spotify. Interestingly, one-third of the companies on the list are led by women CEOs.
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Who's Srinivas, Indian-origin CEO who challenged Musk over USAID?
Inshorts
·
5m ago
Medial
Aravind Srinivas is an Indian-origin CEO of artificial intelligence firm Perplexity AI who recently challenged billionaire Elon Musk to stop him from raising $500 billion from USAID. Srinivas is an alumnus of IIT-Madras, who completed his PhD at University of California, Berkeley. He began his career as a research intern at OpenAI, later holding similar roles at Google and DeepMind.
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Who is Nikesh Arora? Indian origin executive who earned 2nd highest paycheck.
Livemint
·
1y ago
Medial
The Indian-origin CEO of Palo Alto Networks, Nikesh Arora, ranked second on the Wall Street Journal's list of highest-paid CEOs in the US in 2023. With a compensation of $151.43 million, Arora's earnings exceeded those of other prominent tech executives such as Mark Zuckerberg of Meta and Sundar Pichai of Google. Prior to his role at Palo Alto Networks, Arora had an impressive career at companies like Google and Softbank, where he received significant compensation packages. Palo Alto Networks justified Arora's high pay by highlighting his strong performance and the importance of retaining his talent.
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Need someone powerful like Musk to back our cause: Suchir's mother
Inshorts
·
6m ago
Medial
Indian-origin OpenAI whistleblower Suchir Balaji's mother, who has demanded an FBI probe into her son's death, said, "We need someone powerful like Elon Musk to support our cause." "We're fighting against the entire AI industry, which is worth over $100 billion," Poornima Ramarao said. Musk recently backed her claims, saying Suchir's death "doesn't seem like a suicide".
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‘Work culture is manic,’ says Indian-Origin OpenAI employee on joining AI firm
Livemint
·
11m ago
Medial
Pranav, an Indian-origin professional at OpenAI, shared his positive experience working at the company. He mentioned the fast-paced and dedicated work culture at OpenAI, expressing his excitement about working with a talented team on innovative projects. Pranav's remarks highlight the rigorous work ethic and dynamic environment at OpenAI, known for its advancements in AI. However, simultaneously, Elon Musk has initiated legal action against OpenAI, alleging that the company has prioritized profit over its initial commitment to serving the public interest. Musk claims that OpenAI misled him and took advantage of his philanthropic concerns about AI's potential threats.
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7 out of 10 Highest paid CEOs in India hail from IT sector
Livemint
·
1y ago
Medial
According to a report by the Economic Times, the IT sector dominates the list of highest paid CEOs in India, with 7 out of the top 10 belonging to the sector. CEOs from companies like Wipro, Infosys, and Tech Mahindra are among the top earners, with salaries ranging from ₹29 crore to ₹82 crore. The intense global competition faced by IT companies is cited as a key reason for the high executive remuneration in the sector. Additionally, founders of Zerodha, Nithin and Nikhil Kamath, collectively withdrew ₹195.4 crore as compensation in FY23, making them one of the top-earning CEOs.
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World’s Richest Families 2024: Waltons at 1 with $432.4 billion, Ambanis at 8, Shapoorji Pallonjis at 23. See list here
Livemint
·
7m ago
Medial
The Walmart Waltons top the list of the world's richest families in 2024 with a wealth of $432.4 billion, surpassing Elon Musk and Middle East royal families. Indian families, Ambani and Shapoorji Pallonji, secured the 8th and 23rd positions, respectively. The Waltons regained the number one spot due to the rise in Walmart shares, resulting in an increase of $172.7 billion in their combined fortune. Their wealth increased by approximately $473.2 million per day or $328,577 per minute.
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Musk’s rivals fear he will target them with his new power
Livemint
·
7m ago
Medial
Elon Musk's transformation into a prominent figure in US politics has caused concern amongst rival CEOs, who fear his newfound proximity to President Trump could lead to his influence being used against them. In the wake of the election, Musk has become a frequent presence at Trump's Mar-a-Lago club in Palm Beach, Florida. Executives at Facebook and Google worry that Musk may push for more aggressive regulation of their companies, while Boeing is concerned that SpaceX's success could hinder their use of launch sites.
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