Nutanix plans to reduce its global workforce by approximately five percent. This strategic move aims to enhance operational efficiency and ...

The commitments show that a substantial part of Big Tech's AI spending spree has already been locked in, without yet appearing as debt-like...

Meta's chief executive states artificial intelligence generates jobs via infrastructure demands. Thousands of corporate roles disappeared w...

Mohalla Tech will invest up to Rs 100 crore by 2026. This investment aims to scale AI-generated micro-drama production significantly. The c...

Amazon crossed a $3 trillion market valuation after strong earnings and robust cloud growth reinforced confidence in its AI investments. Sh...

Aschenbrenner's fund, Situational Awareness, massively grew to as big as $45 billion at the beginning of July before big losses took hold, ...

Wood’s long-standing view is that the “hyperscalers will end up blowing a lot of money on their capex binge” and that AI could resemble the...

Analysts soon began sounding the alarm over the massive AI spending and rising debt of the tech giants, questioning if they will actually b...

Semiconductor exports jumped 179% as memory chip prices continued to rise despite the issues of Apple's potential use of ⁠Chinese memory ch...

Amazon shares surged after robust cloud sales growth validated AI investments. The company posted its strongest cloud growth in over four y...

Amazon shares rose sharply on Fridat after stronger-than-expected growth at its cloud business reinforced investor confidence in the compan...

The European Union has launched a new team to regulate AI companies worldwide. This initiative aims to track AI model usage for violations ...

Amazon shares surged significantly after reporting robust cloud sales growth. This performance reinforced investor confidence in the compan...

At a bustling factory in western India, technicians work around the clock to turn glass into hair-thin fibre-optic strands destined for dat...

The Seattle-based company said Thursday that sales in its cloud computing unit called AWS rose 37% during the April-June period, faster tha...

Amazon Web Services cloud revenue surged significantly, surpassing market forecasts. This strong performance was fueled by increased enterp...

Wall Street banks are now creating AI bonds as a solution to manage credit risk, reflecting investor worries over extensive borrowing for A...