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ESDS Software raises Rs 216 crore from anchor investors ahead of IPO; Quant MF among top buyersESDS Software Solution raised Rs 216 crore from anchor investors ahead of its Rs 720 crore IPO, opening August 28. Priced at Rs 408-429, th...
Wipro ADRs rise 5% after company expands Google Cloud AI partnershipWipro ADRs gained 5% pre-market after expanding its Google Cloud partnership to scale Gemini Enterprise and agentic AI adoption. The compan...
CrowdStrike raises annual revenue forecast on strong cybersecurity demandCrowdStrike is a cloud-native cybersecurity software firm that helps businesses protect their computers, cloud systems, accounts and data ...
Nvidia rises after signaling longer AI spending runwayThe world's most valuable company projected 70% revenue growth next fiscal year and forecast current-quarter sales above Wall Street estima...
Nvidia forecasts 70% sales growth next year, signals AI spending boom has years left to run"AI has reached its inflection point. It's doing useful work. Its tokens are productive and profitable. Now, compute is revenue," Nvidia Ch...
China's Moonshot in talks with Microsoft, Amazon, Google over K3 revenue sharingThe discussions highlight how China's leading AI models, often far cheaper than Western offerings, are gaining traction in the US, despite ...
China's Moonshot in talks with Microsoft, Amazon, Google over K3 revenue sharing, sources sayMoonshot AI is negotiating revenue-sharing deals with Microsoft, Amazon, and Google. These talks could allow US cloud providers to host its...
US Stock Market: Nvidia earnings to test AI boom as markets brace for sharp moveNvidia options are pricing in a 5.4% post-earnings move, implying a potential $280 billion swing in market value after its Q2 results. The ...
AI data centre firm AMI orders 9,000 Nvidia Vera Rubin chipsAM Intelligence (AMI), promoted by Greenko founders, has ordered 9,000 Nvidia Vera Rubin chips as it builds a 5GW global data centre networ...
Microsoft salary leak reveals how much employees make, from six-figure pay to huge stock awardsA recently leaked Microsoft spreadsheet has unveiled the salary details for almost six hundred employees, revealing a broad spectrum of bas...
AI could become a new revenue engine for Indian telecom companies: SurveyIndian telecom providers see artificial intelligence as a major revenue growth driver. They will offer premium connectivity and advanced ne...
Google expands Gemini AI platform for law firms, lawyersThe new plug-in for Gemini Enterprise includes integration with legal software and data platforms and a stable of AI agents that Google sa...
Mukul Agrawal-backed ESDS Software Solution sets price band for Rs 720 crore IPO. Check key detailsESDS Software Solution Ltd has set the price range for its initial public offering, valued at Rs 720 crore. The IPO is set to open for publ...
Trump-linked RUM Group signs $13.7 billion AI deal with US-based cloud clientUnder the deal, the customer will get access to GPUs and related services from RUM Group's Maysville, Georgia site, which is currently un...
Global Market: Alibaba shares slide after $10.2 billion share placement to fund AI expansionAlibaba shares fell as much as 10% after the company launched a $10.2 billion share placement to fund AI expansion. The discounted offering...
Alibaba stock slumps in Hong Kong after $10.2 billion share placement to fund AIAlibaba said on Sunday its HK$80 billion ($10.21 billion) share placement finalised at HK$112.70 apiece - an 8.4% discount to its Friday cl...
Alibaba reports 9% rise in quarterly revenueAs businesses increasingly deploy artificial intelligence applications, demand for the cloud computing power needed to train and run those ...