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AI DRIVEN SYSTEMS
Chipmakers and other high-flying stocks slide as AI trade wobblesAs July commenced, global tech stocks faced a notable decline, predominantly driven by chip shares. This drop indicates investor profit-tak...- AI won't diminish IT services, will instead make it more vital: Anand Mahindra at Tech Mahindra AGMTech Mahindra Chairman Anand Mahindra said AI will not replace India's IT services industry but make it more important by driving enterpris...
- Wall Street banks are having their best trading year since 2009. Does that mean a crash is coming?Wall Street banks are on track for record trading revenue, driven by AI investing, dealmaking and active markets rather than crisis conditi...
- US companies face rise in cyber attacksCompanies worldwide are experiencing a rise in AI-driven cyberattacks and ransomware incidents. Fairlife, a Coca-Cola-owned dairy company, ...
- AI agent economics to shape next phase of enterprise GenAI adoption; 60% of agentic AI costs go to response refinement: McKinseyAs generative artificial intelligence (Gen AI) moves beyond experimentation into enterprise-scale deployment, business leaders are increasi...
- Wars shift focus from jets to weapons at Farnborough AirshowGlobal security risks are pushing defence to the forefront at Farnborough Airshow. Aerospace makers face demand for weapons while civil jet...
- Beyond code, 9,000 physical AI jobs open in India as global demand rises to 80,000India has a 370,000-strong talent pool with skills relevant to physical AI, spanning robotics, AI, machine learning, embedded systems, hard...
- Can America lag China in the AI race? A new threat is cropping upThe pause on data center construction in New York reveals a significant conflict between the accelerating demand for AI and the limitations...
- AI is changing hospitality careers: Top travel jobs and skills likely to survive in the age of Artificial IntelligenceArtificial intelligence is transforming travel operations and job roles. Many travel careers will remain resilient due to their human inter...
- Global Market: European shares slip as AI chip rally fails to offset Middle East concernsEuropean shares dipped slightly as Middle East tensions grew. Technology stocks advanced, boosted by ASML's positive financial forecasts. L...
- TCS, Infosys, Wipro & other IT stocks fall more than 2%. Here's whyIndian IT stocks such as TCS, Infosys, Wipro, HCLTech, Tech Mahindra, Persistent Systems and Coforge declined up to 2.5% after IBM plunged ...
- You can’t spell chai latte without AI. That will hurt IndiaThe AI adoption craze is looming over what’s promising to be another lackluster earnings season for IT services exporters. Last week, Tata ...
- Why IBM shares crashed 26%: CEO Arvind Krishna highlights customer spending shifts towards AIIBM's second-quarter results missed expectations, impacted by customer spending shifts, triggering one of the worst crashes in its stock. C...
- Meet DeepSeek's Liang Wenfeng, the Chinese entrepreneur who is now world's richest AI founder, surpassing Anthropic's Dario AmodeiDeepSeek founder Liang Wenfeng's net worth has significantly increased after a recent funding round. He is now the world's wealthiest creat...
- Tata Consultancy Services plans up to 8,900 AI deployment engineers, seeks AI acquisitionsTata Consultancy Services is building a large team of forward-deployed engineers. The company is also actively seeking artificial intellige...
- Karnataka IT minister Priyank Kharge, Anthropic India discuss AI collaboration for KarnatakaKarnataka's IT Minister met Anthropic India's MD to discuss the state's AI vision. Discussions focused on building advanced AI skillsets an...
- SmartWinnr welcomes Indian Air Force Wing Commander Jasween Kaur Sahani (Retd) as Senior Program Manager – APAC RegionSahani will focus on enhancing sales enablement and customer success initiatives. This appointment strengthens SmartWinnr's global growth a...
- MeitY empanels six tech firms including TCS and CoRover for Government AI MissionThe National e-Governance Division (NeGD) under the Ministry of Electronics and Information Technology (MeitY) has empanelled six technolog...
- China's MiniMax plans to launch giant 2.7 trillion parameter modelChinese AI firm MiniMax is developing a 2.7 trillion-parameter model. This new model could become the world's largest open-weight AI system...
- Bank of England sees growing risks to financial stability from AIThe Bank of England identifies artificial intelligence as a growing threat to financial stability. Investors are heavily betting on AI's su...
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