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AI FINANCIAL PROJECTIONS
Tax project delay hurt Q1 results, AI-led deflation behind us, says LTM’s LambuFinancial services and technology, which together account for 57% of revenue for India’s sixth largest IT service firm, each grew more than...- SoftBank's Masayoshi Son says AI will need $5 trillion per year by 2040, dismisses bubble talk"The business model will be viable because by 2040, if AI revenue makes up 20% of global GDP, spending 800 trillion yen a year is a roundin...
- TCS’ annualised AI revenue rises to $2.6 billion in Q1The AI momentum came as TCS posted a 5% year-on-year rise in consolidated net profit to Rs 13,349 crore for the quarter ended June 30, whil...
- Canada regulator cited Anthropic's Claude Mythos in warning to banks on cyber risks, email showsThe regulator, the Office of the Superintendent of Financial Institutions, sent the email to chief technology officers, chief information s...
- HCLTech FY guidance stays muted despite $2.4 billion deal momentumHCL Technologies reported marginally better than anticipated financial performance for the June quarter. The company announced a significan...
- HCLTech’s Q1 net profit rises 20% to Rs 4,624 croreThe Noida-headquartered company reported a 12% growth in revenue year-on-year for the April-June period to Rs 34,579 crore, although it gre...
- HCLTech Q1 profit rises; Sops to fuel Indian chipsHCLTech began FY27 with a strong first-quarter performance. This and more in today's ETtech Top 5.
- HCLTech's workforce declines by 3,292 in Q1 FY27HCLTech's workforce shrank by a net 3,292 employees during the April-June quarter of FY2026-27, marking its sharpest quarterly decline in a...
- Exploring how AI fluency is enabling leaders to fine-tune strategic management and drive business growthArtificial intelligence is reshaping business decision-making and leadership expectations. Leaders must now embrace AI fluency to guide tea...
- White House to rally utilities, data centers over AI power costsThe White House plans a voluntary pledge for utility companies and data centers. This initiative aims to manage AI's growing electricity de...
- Global Market: SK Hynix warns of historic memory chip shortage by 2027 as AI demand soarsSK Hynix anticipates a severe global memory chip shortage extending beyond 2030. Accelerating artificial intelligence infrastructure demand...
- ETtech Q&A | TCS sees better Q2 show on stressed sectors’ turnaroundMacroeconomic uncertainties due to the West Asia conflict have led to project deferrals in key verticals at Tata Consultancy Services, whic...
- LTM profit jumps 17% to Rs 1,468 crore in April-June quarterLTM chief executive Venu Lambu declared AI revenue separately for the first time in the earnings call, at $150 million for the quarter, in ...
- India set to play larger role in building global fintech infrastructure, says PayoneerIndia's position as the world's third-largest fintech ecosystem is now translating into a larger platform-building role. Global financial t...
- Apple files lawsuit accusing ChatGPT maker OpenAI of stealing trade secretsApple has accused OpenAI of stealing its trade secrets for new hardware. Two former Apple employees now working for OpenAI are named defend...
- Christopher Wood warns of AI fatigue. Why Jefferies is turning to India and ChinaChristopher Wood of Jefferies warns that the AI trade is showing signs of fatigue as investors seek cheaper value opportunities. With India...
- Asia growth improves but ADB warns of persistent headwindsAsian economic growth is projected at 4.9% for 2026, a slight improvement from earlier forecasts. Lingering Middle East conflict impacts co...
- With AI, a movie trailer is now just a prompt awayIndian film producers now use generative AI for pitching ideas to investors. AI-assisted trailers and short films offer a glimpse of the fi...
- TCS braces for muted June quarter earnings; AI outlook and deal pipeline in focusTata Consultancy Services anticipates slower revenue and profit growth for June 2026 quarter. Client decision cycles are elongating, impact...
- Yotta raises $150 million at $3.9 billion valuation to fund AI infrastructure expansionYotta Data Services secured $150 million from investors for business expansion. The company plans to significantly increase its AI cloud ca...
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