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AI COST REDUCTION
AI's future lies in affordable, accessible intelligence, not just smarter modelsThe rapid reduction in costs associated with artificial intelligence will lead to its widespread adoption. This newfound accessibility will...- Etsy posts strong second quarter, then cuts 12% of workforce; CEO Kruti Patel Goyal says layoffs aren't driven by AI or cost-cuttingEtsy is reducing its global workforce by approximately twelve percent. This significant restructuring impacts around two hundred twenty emp...
- US productivity rises faster than expected in second quarterUS worker productivity saw a stronger than anticipated 1.4% rise last quarter. This growth follows a revised 0.8% increase in the prior per...
- Impact of MDR’s return; KKR veterans to anchor new fundHappy Thursday! Competition in the payments space may change with merchant fees on UPI potentially making a comeback. This and more in toda...
- He received a 100% salary hike and a salary of Rs 40 LPA. Yet, techie is far from pleased: ‘I think they are not telling…'A Reddit user revealed how he was feeling anxious even after he heard the best news possible for an employee: He had received a 100% hike. ...
- AI could slow affluent India; QSRs, credit cards may show stress first: BNP Paribas’ Kunal VoraComing to loans, personal loans increased by 13% in FY25 and FY26 which is softer versus the earlier years. Also, the recent resurgence in ...
- Companies Are Laying Off Workers Because of AI’s Potential—Not Its PerformanceAI has been cited as a cause of layoffs, but is it actually displacing jobs? And if not, what’s going on? Based on a survey of 1,006 global...
- FIIs build a new Banking XI without the usual heavyweights. Will the big banks return?Foreign investors reduced stakes in large banks during the June quarter. They simultaneously increased holdings in several mid-sized and sm...
- Google shaves $50 million off HCLTech deal; 1,000 staffers to be redeployedThis is part of the $200 million annual project that HCLTech managed for Google as part of the application development and engineering work...
- AI set to reshape insurance economics, push industry towards scale, specialisation: ReportArtificial intelligence is set to reshape the economics of the global insurance industry, with carriers, brokers and technology providers t...
- Trump administration explains how every highlighted African country was mislabeled on State Department map at global AIDS conferenceThe US State Department apologized for an inaccurate map shown at an international conference. Six African nations were incorrectly placed ...
- Global workforce layoffs now reach Indian shoresThe people said omnichannel retailer Walmart’s restructuring this May affected around 1,000 employees at Walmart Global Tech India, includi...
- Microsoft to build AI system that makes models substitutableMicrosoft CEO Satya Nadella announced record fiscal-year performance and future AI focus. The company is building a new AI model system for...
- Market wrap: Jio Financial, HUL among top gainers and losers on Nifty and Sensex on WednesdayIndian benchmark indices rallied over 1% as Sensex climbed 889 points and Nifty crossed 24,250, adding Rs 4 lakh crore in market value. Str...
- Why did market rise today? Sensex soars 890 pts, Nifty closes above 24,250; 4 factors behind Rs 4 lakh crore gains on D-StreetIndian stock markets experienced a significant surge on Wednesday. Benchmark indices Sensex and Nifty both rose over one percent. This occu...
- Why did market rise today? Sensex soars 890 pts, Nifty closes above 24,250; 4 factors behind Rs 4 lakh cr gains on D-StreetIndian stock markets experienced a significant surge on Wednesday, with Sensex and Nifty rising over one percent. This rise occurred despit...
- Some BS-III vehicles may need rubber parts replaced for E20 fuel, says GadkariOlder vehicles generally show no significant performance changes with E20 fuel. Some BS-III vehicles manufactured before 2016 may require m...
- Top 5 IT services companies see 3.3% staff productivity boost in Q1, as TCS, Infosys, HCLTech and Tech Mahindra log gainsIndia's leading IT firms witnessed a substantial rise in employee productivity over the past year, despite a decline in overall staff numbe...
- PayPal presses on with turnaround in pivotal quarter as sale questions lingerPayPal has detailed its cost-saving plans through 2029. The company also raised its 2026 profit forecast above market expectations. These r...
- From India to the UAE: Nawgati eyes global mobility infrastructure ambitionsWhat began as a solution to long queues at CNG stations has evolved into an AI-powered mobility infrastructure platform serving millions of...
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