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Cognizant lifts annual profit forecast on strong financial services growthCognizant Technology forecasts third-quarter revenue below Wall Street estimates. Clients remain cautious on discretionary IT spending and ...- Tata Communications takes the Google Duplex playbook to India’s small and medium businessesThe company is betting that subscription-based AI agents, built for specific business tasks instead of replacing call-centre workers, can h...
- SK Hynix's record profit misses forecasts; shares slump 10% despite robust AI chip demandThe Nvidia supplier's quarterly operating profit soared more than sixfold to a record high, but it said delays in shipments of some advance...
- OpenAI's rogue agent compromised a customer at a second tech firmAccording to a timeline published by Hugging Face on Tuesday, the rogue agent broke into a sandbox, or an isolated testing environment, "...
- Nvidia-backed neoclouds hover over India to lease data centre capacityCoreWeave, Together AI, Nebius, Lambda Labs, Crusoe and Nscale are in various stages of discussions with companies such as Sify Technologie...
- Bitcoin miner and AI firm Ionic Digital valued at $2.25 billion in Nasdaq debutShares of the company, which went public through direct listing, opened at $50 apiece, down nearly 5.7% from a reference price of $53 set b...
- Amazon winds down most flagship AI models in strategy overhaul, Business Insider reportsAmazon is shifting its artificial intelligence strategy towards new frontier models. The company is deprecating many of its existing Nova A...
- FIIs triple stake in Sterlite Tech after a stellar 400% surge this year. More legs to the rally?Sterlite Technologies has surged over 400% in 2026, while FIIs nearly tripled their stake to 19.7% as of July 2026. The stock gained invest...
- Global Market: Samsung, SK Hynix plunge up to 11% as investors reassess AI chip boomSouth Korean chip stocks experienced sharp declines on Tuesday. Major companies like Samsung Electronics and SK Hynix saw significant drops...
- Nvidia in talks with OpenAI to guarantee $250 billion financing for data centre: WSJThe power for the project is controlled by the US government and funded separately by Japan under a recent trade deal, with US Commerce S...
- Sam Altman, Satya Nadella, Sundar Pichai, Elon Musk and Jensen Huang unite behind one AI vision: Why America's biggest tech billionaires are calling for open-weight AI modelsA coalition of 25 leading technology companies and organizations has urged US policymakers to support open-weight AI models, arguing they a...
- Private equity investors shift tech bets from IT services to AI startupsBankers and investors told ET that interest is expanding beyond capital-intensive AI infrastructure to applications that automate business ...
- Global Market Update | South Korea's Naver jumps 10% on Nvidia's $1 billion investment planNvidia will invest one billion dollars in Naver's new shares. This investment supports expanding an AI data center project in South Korea. ...
- Sterlite Tech Q1 Results: Profit skyrockets 870% YoY to Rs 197 crore as AI data centre orders lift earningsSterlite Technologies reported record quarterly revenue and profit, driven by strong AI-led demand for optical connectivity and data centre...
- Global Market: Nokia Q2 profit beats estimates on strong AI, cloud demand; raises full-year outlookNokia reported stronger second-quarter earnings, surpassing analyst expectations significantly. Robust demand from artificial intelligence ...
- India's data centre sector poised for growth, but land, power access issues remain: ReportIndia's data centre sector is set for significant expansion as rising artificial intelligence (AI) adoption, cloud computing and enterprise...
- Southern Company unit signs 25-year power deal with OpenAIOpenAI, which is expected to need about 3,200 megawatts (MW) of power for its new facility, has agreed to provide up to 1,000 MW to the Sou...
- US Stock Market: Big tech's AI spending boom raises cash flow concerns despite early returnsAmerica's biggest technology companies are beginning to generate meaningful AI-driven revenue, but surging infrastructure spending is putti...
- AI-focused E2E Networks shares hit 5% upper circuit as firm swings to black in Q1, revenue soars 334%AI-focused cloud provider E2E Networks hit the upper circuit after reporting a sharp turnaround in Q1FY27, posting a net profit of Rs 44 cr...
- Iren shares jump 16% as $2.8 billion AI cloud deals lift revenue targetIREN shares surged after the company secured $2.8 billion in AI cloud contracts and raised its 2026 revenue target. Strong demand for GPU i...
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