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Verizon lifts annual forecasts, signs more than $2 billion AI infrastructure deal with AWSVerizon is feeling positive about the growth of its wireless subscribers, raising its expectations for postpaid phone additions. The compan...
Luis Ceze, a professor, turned his lab's project into a startup. Nvidia bought it, made him Vice President, and he kept teachingNvidia acquired OctoAI, a software startup founded in 2019, reportedly for $165 million. Following the acquisition, OctoAI was dissolved as...
Brookfield builds Qatar presence with Doha officeBrookfield has established a new office in Doha which focuses on its global credit platform and investment opportunities. This step aims to...
As the US and China form AI blocs, countries are increasingly torn between themCountries like Kazakhstan are trying to balance between U.S. and China AI initiatives for technological gains. Indonesia has expressed inte...
Meet Mahmoud Felfel and Hammad Syed, two Egyptian founders who built a text-to-speech tool; their voice AI startup was later acquired by MetaMahmoud Felfel and Hammad Syed are the founders of PlayAI. Both of them Egyptian entrepreneurs who had previously worked at Dubai-based cla...
HKEX launches AI and semiconductor indexes, licenses AI index in ChinaHong Kong Exchanges and Clearing launched two new indexes that track AI and semiconductor companies. The HKEX Artificial Intelligence Index...
Sterlite Technologies Q2 Results: Profit surges 12,817% YoY to Rs 517 crore, revenue jumps 145%Sterlite Technologies reported a 12,817% year-on-year jump in Q2 FY27 net profit to Rs 517 crore, while revenue surged 145% to a record Rs ...
Cognizant to buy Australia's DyFlex in its 3rd deal of 2026Cognizant Technology Solutions has signed an agreement to acquire DyFlex Solutions, enhancing its AI and SAP capabilities. This acquisition...
AI is rewriting the rules of investment for India's big-ticket playersPrivate equity investors in India are integrating artificial intelligence into their investment analysis and strategies. AI is being utiliz...
- Anthropic IPO stands alone as AI market jitters sideline others
Anthropic plans to move forward with its initial public offering next month, navigating a challenging IPO landscape. While many companies i...
Anthropic IPO stands alone as AI market jitters sideline othersAnthropic's planned IPO will test whether its position at the center of the booming AI business, which the company is believed to deem wort...
India's AI financing demand to shift towards data centres, but GPU, regulatory risks persist: ReportAs India embraces the AI revolution, the sector's growth is bolstered by a surge in internet and smartphone users, alongside a wave of gene...
Musk's mother of all mergers will birth a $3.5 trillion tech monsterElon Musk is considering merging Tesla and SpaceX, with both companies forming committees to evaluate the proposal. This merger could enhan...
Tesla-SpaceX deal: Wall Street says inevitable but Musk says it's not certainElon Musk considers the advantages of merging Tesla with SpaceX, particularly in light of escalating capital expenses. However, obstacles l...
US Market: Musk backs Tesla-SpaceX merger idea, envisioning a $3.5 trillion giantElon Musk backs the idea of a Tesla-SpaceX merger that could create a technology conglomerate valued at around $3.5 trillion. The combinati...
Why L&T Technology shares jumped 11% to hit the Rs 4,000 level afterQ2 resultsL&T Technology Services shares rose sharply past Rs 4,000 after Q2 results beat expectations, driven by margin expansion, AI-led deal wins ...
AI infra boom faces financing risks as data centre bond spreads widen: Goldman SachsThe report said high-yield bonds issued by data centre companies are facing pressure as investors assess the risks of financing the rapid e...