AI could lift Sub-Saharan Africa economy 4% if power, internet improve, IMF saysAs countries and companies race to secure AI's economic benefits, investment in data centres, energy infrastructure and digital networks ...
21 Jul, 2026, 05.57 PM IST
Iren shares jump 16% as $2.8 billion AI cloud deals lift revenue targetIREN shares surged after the company secured $2.8 billion in AI cloud contracts and raised its 2026 revenue target. Strong demand for GPU i...
20 Jul, 2026, 08.49 PM IST
Downfall of a Wall Street darling: Why Oracle shares crashed 65% from peakOracle shares have dropped about 65% from their peak as investors shift focus from AI-driven cloud growth to rising capital expenditure, de...
20 Jul, 2026, 06.09 PM IST
UK government, Jeff Bezos back CuspAI's $450 million round as startup seeks to discover new materialsBritish startup CuspAI secured four hundred fifty million dollars from investors. This funding will advance its mission to discover new mat...
20 Jul, 2026, 05.10 PM IST
Global Market: ASML's AI-fuelled rally raises prospects of becoming Europe's first trillion-dollar companyThe artificial intelligence boom has propelled Dutch chip equipment maker ASML to become Europe's most valuable listed technology company, ...
20 Jul, 2026, 11.50 AM IST
Prysmian signs €5.5 billion Molex deal in data centre pushItalian cable maker Prysmian said on Monday it had signed a long-term agreement worth up to €5.5 billion ($6.4 billion) with Molex, a Koch-...
20 Jul, 2026, 11.16 AM IST
Global Market: AI chip rally faces valuation test as investors rotate towards hyperscalersAI chipmaker stock rallies are losing momentum as investors reassess valuations. Hyperscaler capital expenditure growth is projected to slo...
17 Jul, 2026, 12.41 PM IST
Among AI crowd, some investors position for slower hyperscaler spending growthFor most of the past two years, the opposite trade prevailed: investors piled into semiconductor and infrastructure companies on the assump...
17 Jul, 2026, 11.30 AM IST
India’s tech export story is entering a multi-corridor eraEurope is becoming a stronger corridor for Indian technology exporters, with demand led by cloud migration, cybersecurity, AI adoption, ent...
17 Jul, 2026, 09.52 AM IST
Manufacturing automation platform Groyyo raises $9.3 million led by Cornerstone VenturesGroyyo offers fashion brands and manufacturers software to manage apparel sourcing, including product design, costing, production planning,...
16 Jul, 2026, 09.22 PM IST
ETtech Explainer: Why AI startups like Emergent, Sarvam, UnifyApps are seeing bigger bets & soaring valuationsIndian artificial intelligence startups are experiencing significant funding and valuation surges. Emergent and Sarvam AI recently achieved...
16 Jul, 2026, 09.01 PM IST
Airbus picks Iliad's Scaleway for AI, defence work in sovereignty pushAirbus will use Scaleway's cloud infrastructure for sensitive industrial and defense applications. This partnership supports the deployment...
16 Jul, 2026, 11.28 AM IST
US-China tech rivalry explained: Why the AI and chip war mattersThe US and China are engaged in a significant technology competition. Artificial intelligence and semiconductor chips are central to this o...
15 Jul, 2026, 12.45 PM IST
AI startup UnifyApps eyes $120 million from EQT as valuation set to tripleThe investment, which comes less than a year after the New York and Gurgaon-based startup raised $50 million from WestBridge Capital, is ex...
15 Jul, 2026, 08.39 AM IST
Google AI Hub ecosystem in Vizag expands with ₹1,008-crore logistics park, 5,000 new jobsA new logistics and light industrial park will support Google's AI Hub in Visakhapatnam. This Ecobox development represents a significant R...
14 Jul, 2026, 02.19 PM IST
ET Graphics: Wall Street cuts AI giants’ paper valuation loopLast week, AI bellwethers including Nvidia, AMD and Intel came under renewed selling pressure, while semiconductor stocks such as Micron, B...
14 Jul, 2026, 06.00 AM IST
Global Market: Cerebras bets big on Europe with AI infrastructure expansion amid soaring demandCerebras is significantly increasing its European AI computing capacity. The company plans to reach 200 megawatts by next year. This expans...
09 Jul, 2026, 03.38 PM IST