Amazon soars as cloud revenue surge allays fears over ballooning AI betsAmazon shares surged significantly after reporting robust cloud sales growth. This performance reinforced investor confidence in the compan...
31 Jul, 2026, 05.49 PM IST
What are open weight AI models and why are they dividing Big Tech?AI models learn by adjusting billions of numerical parameters during training. These parameters, called weights, help the model understand ...
31 Jul, 2026, 12.59 PM IST
No chips, no models, no problem: Indian manufacturers strike gold in AI's infrastructure gold rushAt a bustling factory in western India, technicians work around the clock to turn glass into hair-thin fibre-optic strands destined for dat...
31 Jul, 2026, 10.15 AM IST
Amazon to boost spending on AI and other technology by $20 billion after strong Q2 resultsThe Seattle-based company said Thursday that sales in its cloud computing unit called AWS rose 37% during the April-June period, faster tha...
31 Jul, 2026, 08.09 AM IST
US stocks: Amazon beats estimates for quarterly cloud revenue growthAmazon Web Services cloud revenue surged significantly, surpassing market forecasts. This strong performance was fueled by increased enterp...
31 Jul, 2026, 01.43 AM IST
If CrAIze slows, India can play catch-upWall Street banks are now creating AI bonds as a solution to manage credit risk, reflecting investor worries over extensive borrowing for A...
31 Jul, 2026, 12.07 AM IST
Meta misses profit expectations, sticks to massive AI spendingThe Facebook and Instagram parent company reported free cash flow of $784 million in the second quarter ended June 30, down from $8.55 bill...
30 Jul, 2026, 05.28 PM IST
AI Big Short? Why rising credit default swaps are spooking investors and how is it similar to 2008 housing crisisRising credit default swaps on major technology companies are fuelling concerns over a potential AI-driven market correction. Investors are...
30 Jul, 2026, 05.00 PM IST
IT stocks on a roll: TCS, Infosys, Coforge and others rally up to 5% for second straight day. What's driving this surge?Indian IT stocks rallied for a second straight session, buoyed by strong Q1 earnings, optimism around AI-driven demand and improving invest...
29 Jul, 2026, 10.55 AM IST
Apple briefly becomes second company ever to notch $5 trillion market valueIts shares were last up 0.2% at $337.7, giving it a market capitalization of $4.96 trillion. At a session high of $342.89, Apple's market v...
28 Jul, 2026, 09.20 PM IST
Made by AI? EU tells firms to stick a label on it from SundayEuropean Union's new artificial intelligence rules mandate labeling of AI-generated content. These regulations aim to ensure users can dist...
28 Jul, 2026, 11.11 AM IST
New AI tools let readers talk to booksWith these tools, users get access to an e-book or audiobook alongside an AI chatbot. Readers can dig into a character's psychology, histor...
27 Jul, 2026, 08.30 AM IST
Alphabet's cash burn raises alarm for Big Tech as AI spending climbsAlphabet's significant cash burn highlights increasing artificial intelligence spending pressures. Big Tech firms now face higher outlays, ...
23 Jul, 2026, 05.41 PM IST
Warren accuses AI firms of trying to curb oversight in trade accordSenator Elizabeth Warren criticizes major AI firms for lobbying against transparency rules. These companies want to hide AI algorithms and ...
23 Jul, 2026, 03.55 PM IST
Uber cuts 10% customer service jobs as AI becomes latest driver of tech layoffsUber has cut 10% of its customer service workforce, marking the first time the company has directly linked layoffs to artificial intelligen...
23 Jul, 2026, 09.49 AM IST
AMD to invest up to $5 billion in Anthropic; AI startup to buy up to 2 GW of chipsAMD plans to invest up to $5 billion in Anthropic, alongside a major AI chip supply deal starting 2027. The move strengthens AMD’s position...
22 Jul, 2026, 08.23 PM IST
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...
22 Jul, 2026, 02.51 PM IST