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AI firm Databricks valued at $190 billion as it bags $5 billion in fundingThe funding comes six months after Databricks was valued at about $134 billion in a previous round, as investor demand for companies tied...- AI hardware finds new ground in Kochi through SFO Technologies and Smart IOPsIn a groundbreaking partnership, SFO Technologies and Smart IOPS are set to revolutionize AI data storage solutions through specialized har...
- Hon Hai to direct 2026 capital expenditure toward global AI expansionTaiwan-based Hon Hai Precision Industry Co. announced that its capital expenditure for 2026 will focus on expanding artificial intelligence...
- AI agents are getting smarter. But can they actually get work done?The AI race is moving beyond chatbots towards agents that can access data, use software and complete tasks. But smarter models alone may no...
- Nebius beats quarterly revenue estimates as AI demand fuels growthThe Amsterdam-based AI infrastructure firm reported total revenue of $582.3 million for the quarter ended June, compared with analysts' a...
- Character AI Down Today: Users report login issues, app problems and unexpected account logoutsCharacter AI down: On August 12, Character AI faced considerable access issues, leaving numerous users unable to log in or fully utilize it...
- Silicon Valley’s South Park Commons bullish on India's deeptech spaceAditya Agarwal, managing partner at SPC, and Prateek Mehta, general partner-India, told ET in an exclusive interaction that the firm is see...
- AvenuesAI Q1 PAT rises 45 percent; Company positions Rediff, US Payments and AI as next growth enginesAvenuesAI's consolidated revenue from operations more than doubling 109% year-on-year to Rs 2,680.4 crore and profit after tax rising 45% t...
- Super Micro forecasts upbeat annual revenue on data center adoptionAI infrastructure firms have seen demand surge as tech and cloud companies ramp up data center investments to support AI applications.
- RBI Governor Malhotra outlines which Indian banks will win the AI eraRBI Governor Sanjay Malhotra said banks that succeed in the AI era will be those that understand the technology they deploy and maintain cl...
- Samsung aims to train 20,000 youths in AI in IndiaThis will be carried out under the 2026 edition of Samsung Innovation Campus (SIC), the flagship CSR programme dedicated to equipping young...
- Chinese farmer trusted AI advice successfuly for a year, then one wrong suggestion destroyed his 25-acre crop in just 24 hoursAI advise gone wrong for farmer: A 67-year-old Chinese farmer trusted AI farming advice for nearly a year after finding it useful. But one ...
- ET Graphics: The brief life of frontier AIThis strategy helps reduce infrastructure costs and concentrate computing resources on newer frontier models, but it also forces developers...
- AI security emerging as separate budget line for Indian enterprises: Palo Alto Networks’ Swapna BapatPalo Alto Networks’ Swapna Bapat said awareness of the risks from unsecured AI is growing among chief information security officers. “If I ...
- Karnataka, Anthropic discuss AI partnership for governance, skilling, & deeptechKarnataka is discussing a long-term partnership with Anthropic for AI adoption. This collaboration aims to boost AI across governance, educ...
- Gracenote anchors global AI development in India, unveils MCP server for entertainment discoveryGracenote's India technology center is leading the company's artificial intelligence development efforts. This includes a new Model Context...
- Global Market: Europe’s tech giants emerge as surprise AI winners as enterprise adoption takes offEurope’s established technology companies are emerging as unexpected winners of the AI boom as enterprises move from experimentation to lar...
- Europe's established tech firms emerge as unexpected AI winnersSAP, Capgemini, Sopra Steria and OVHcloud have all reported stronger demand, faster growth or upgraded outlooks as companies move from expe...
- Anthropic's Claude to infer, process data locally on Indian servers for local customersAnthropic will offer its Claude AI service to Indian customers through local Amazon Web Services servers. This move addresses a key demand ...
- Everything Sarvam AI announced at its Epoch Builder EditionSarvam AI launched new models and infrastructure tools at its Epoch Builder Edition event. The company plans to develop a trillion-paramete...
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