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AI DEMAND IN IT
France’s Mistral in funding talks at about €20 billion valuationFrench AI startup Mistral AI is reportedly in talks to raise approximately €3 billion ($3.5 billion) at a valuation of around €20 billion. ...- South Korea's SK Hynix to opt for Nasdaq for planned US listing, sources saySK Hynix, a leading memory chip maker, plans a US listing on Nasdaq as early as August. This move aims to boost its global investor profile...
- The most important Apple iOS 27 feature may be the one many users can't accessApple’s AI ambitions are entering a new phase. Reports suggest that iOS 27 will introduce a new generation of advanced Apple Intelligence f...
- What enterprises are now demanding from AI, and who is actually meeting the markThe AI market has moved past potential. Enterprises are now evaluating products on a single metric: measurable business impact. The ET Most...
- Will SpaceX factor last after IPO? Mega listing plan sparks valuation debate amid AI boomSpaceX's huge IPO is set to launch, attracting record investor bids. This event will test the market's appetite for AI companies. Investors...
- AI-171 crash: Pilots' body renews judicial probe demand, opposes interim report releaseThe Federation of Indian Pilots is advocating for a comprehensive judicial probe into the AI-171 crash, which resulted in a staggering loss...
- Anthropic pursues data center leases, seeks financial backing from GoogleAI firm Anthropic is planning to lease and manage its own data centers. The company is seeking financial backing from Alphabet's Google for...
- OpenAI considers drastic price cuts, anticipating war for users with Anthropic: ReportThe ChatGPT-maker confidentially filed for an IPO earlier this week after archrival Anthropic did the same last week. OpenAI CEO Sam Altman...
- OpenAI expects to go public within the next year: ReportOpenAI, the maker of ChatGPT, is preparing for a stock market debut. CEO Sam Altman has indicated a public offering could happen within the...
- OpenAI expects to go public 'within the next year,' the Information reportsOpenAI CEO Sam Altman indicated an IPO within the next year, with the company having recently filed confidentially. While a timeline remain...
- Ernest AI: Lighthouse launches AI for hotel revenue teamsLighthouse has launched Ernest, an AI designed to support hotel commercial teams by connecting frontier AI with hospitality data and system...
- South Korea's SK Hynix eyes US listing as soon as August, sources sayThe US Securities and Exchange Commission is likely to approve SK Hynix's American depositary receipt listing application during the week...
- Samsung Electronics considers building chip packaging plant: ReportSamsung is expected to unveil the investment plan at a meeting between South Korean President Lee Jae Myung and the heads of the country's ...
- Super Micro Computer to raise $7 billion in equity offerings to meet AI server demandAI infrastructure firms have seen accelerated demand as tech companies and cloud providers ramp up investments in data centers to support ...
- Apollo, Blackstone back Anthropic's $35 billion capacity expansion in new Broadcom tie-upApollo and Blackstone are investing $35 billion to boost Anthropic's AI computing power. This expansion will utilize Broadcom's custom chip...
- US stocks: CrowdStrike shares fall as 'Mythos moment' fails to cheer investorsCrowdStrike experienced a stark decline in its share prices on Thursday, largely attributed to its quarterly guidance that failed to impres...
- Samsung Electronics considers building chip packaging plantSamsung Electronics is exploring a significant investment in Gwangju, South Korea. The company is considering a new advanced semiconductor ...
- AI-driven data centre demand far outstrips supply despite record hyperscaler spending: JefferiesGlobal demand for data centres continues to significantly outpace available supply, creating a structural shortage that is expected to pers...
- South Korea's Naver to build gigawatt-scale AI factories using Nvidia technologyThe project is aimed at serving growing global demand for AI services and physical AI applications, Nvidia said.
- AI will expand opportunities for Indian IT; luxury housing demand remains strong: BofA SecuritiesAI presents significant new revenue streams for Indian IT services, despite job displacement concerns. Experts believe AI will expand beyon...
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