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Snorkel AI valued at $3.5 billion amid surging demand for complex AI training dataLed by Insight Partners and S32, the funding round included participation from existing investors Addition, Greylock and Wells Fargo, the c...- Addverb moves beyond warehouses, sees semiconductors as next big robotics opportunityAs semiconductor facilities become more sophisticated, Addverb sees demand for systems that can move, store and retrieve components with gr...
- India can become an AI infrastructure hub for Global South: Microsoft's Puneet ChandokMicrosoft has launched the India South Central Cloud Region in Hyderabad, its fourth in the country, following the existing ones in Mumbai,...
- Top IT's subcontractor costs creep up as volatile pipelines force flexible staffingSubcontractor costs as a share of revenue increased sequentially at most firms in the June quarter, Kotak Institutional Equities said in a ...
- Global AI trade roars back as Meta’s personal agent fuels optimismGlobal AI stocks and chipmakers rallied following the strong debut of Meta's Muse AI agent. The surge boosted semiconductor shares like Sam...
- Alibaba plans AI model with 5 trillion to 10 trillion parameters, unveils new chipSpeaking at Alibaba Cloud's annual Apsara Conference in Hangzhou, Wu said the company's Qwen team was continuing research into model archit...
- Global Market Today: Asian stocks climb after tech shares power Wall StreetMSCI Inc.’s gauge of Asian shares climbed 0.5%, with memory chipmakers Samsung Electronics Co. and SK Hynix Inc. the top contributors to ga...
- AMD becomes latest chipmaker to reach $1 trillion valuation on AI demandAdvanced Micro Devices soared past $1 trillion in market capitalisation for the first time on Monday, joining a small group of chipmakers t...
- Microsoft launches fourth India cloud region in Hyderabad to meet AI demandThe Hyderabad region has three availability zones and is built for AI workloads from day one, adding to Microsoft’s existing cloud regions ...
- Global Market: Micron earnings test looms as AI memory demand stays strongMicron’s September 30 earnings will test whether strong AI-driven memory demand can sustain elevated expectations, with investors watching ...
- US economy enters higher-rate era as inflation, AI boom persistThe US economy may be entering a prolonged period of higher interest rates as persistent inflation, government borrowing and massive AI inf...
- India’s young consumers are giving Samsung’s AI appliance bet a big boostSamsung sees significant AI appliance growth in India, driven by younger consumers. Connected Samsung appliances in India saw a nearly nine...
- ET AI Hackathon: Agentic Edition - 24 hours left to registerThe window to put your AI expertise to work on a national stage closes in 24 hours.
- AI could double US GDP growth to 4% next year amid capital hurdles, says Elon MuskThe projection comes at a time when the broader artificial intelligence investment landscape encounters its first major macroeconomic test,...
- AI infrastructure provider Crusoe valued at $30.9 billion in latest funding roundThe Series F round was co-led by Atreides Management, Mubadala Capital and Valor Equity Partners, alongside significant backing from new an...
- Micron to scale up India chip assembly multifold next year as semiconductor mission shifts to executionMicron CEO Sanjay Mehrotra said the company will scale up semiconductor assembly and testing at its Sanand facility multifold next year, as...
- The rise of an FDE signals a new era for engineering talentAs AI reshapes entry-level engineering jobs, employers are looking beyond degrees for talent that can turn models into measurable business ...
- Slow the AI race? Investors weigh the potential costCalls to rein in the development of ever more powerful AI models are fuelling fears over the massive capital outlays in the sector -- and t...
- AI infrastructure struggling to keep pace with surging demand; real economy holds bigger opportunity: Goldman SachsAt the same time, the technology industry is debating whether to slow the pace of AI development. Anthropic CEO Dario Amodei advocated slow...
- Oracle tops estimates as AI demand tempers cash-burn fearsShares of the company, which have slumped more than 21% this year, rose 4% in extended trading after Oracle reported a jump in revenue back...
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