Brazil launches AI supercomputer push, splits projects between Chinese, US firmsJust over half the total, 1.3 billion reais, will fund a supercomputing infrastructure project in Rio de Janeiro developed in partnership w...
21 Aug, 2026, 02.26 PM IST
Missed the AI rally? After bumper 600% market debut, Chinese robot maker Unitree's CEO still feels a software leap is years awayChinese humanoid robot maker Unitree made a spectacular stock market debut in Shanghai, with shares soaring 600% over the IPO price. Howeve...
21 Aug, 2026, 02.15 PM IST
AI's Bar Mitzvah moment: Aswath Damodaran explains what AI means for businessesAswath Damodaran says AI’s investment debate should shift from hype and skepticism toward evaluating it as a business. He argues revolution...
21 Aug, 2026, 01.07 PM IST
Kakao to spin off chat app-based platform business into KakaoAI, relist in 2027The company expects the new entity to relist on the Korea Exchange on January 27, 2027, following a planned January 1 split.
21 Aug, 2026, 08.29 AM IST
With $9.3 billion existing Dubai investment, 55,274 jobs; new MoUs seek to expand India-UAE AI and trade tiesThe agreements were signed in Bengaluru between the Indian industry bodies and a delegation led by Dubai Chambers’ president and chief exec...
20 Aug, 2026, 06.35 PM IST
Nebius upsizes debt sale to $5 billion to fund data centres, AI platformThe Amsterdam-headquartered company plans to issue private convertible notes worth $3 billion maturing in 2030, and notes worth $2 billio...
20 Aug, 2026, 04.40 PM IST
Alibaba reports 9% rise in quarterly revenueAs businesses increasingly deploy artificial intelligence applications, demand for the cloud computing power needed to train and run those ...
20 Aug, 2026, 03.38 PM IST
Coforge shares jump 3% after IT major launches private equity unitCoforge shares climbed on Thursdat after the IT services company launched a dedicated Private Equity business unit to help funds drive oper...
20 Aug, 2026, 12.26 PM IST
Chip designer Velaura AI valued at more than $1 billion in funding roundThe funding round was led by Seligman Ventures, with participation from new investor Capricorn Investment Group. Existing investors Samsu...
19 Aug, 2026, 12.31 PM IST
Baidu CEO vows to return Ernie to AI frontier as revenue miss sinks sharesIts Ernie large language model has gone months without a major upgrade, while competitors such as Alibaba and Moonshot have continued to r...
19 Aug, 2026, 11.29 AM IST
Sridhar Vembu explains why phones and laptops are getting expensive in 2026Zoho founder Sridhar Vembu has warned that the massive AI investment boom is pushing up the cost of memory and other technology components,...
19 Aug, 2026, 10.17 AM IST
Oracle isn't alone: These companies have layoffs scheduled for September 2026 as AI, restructuring and cost-cutting reshape jobsIn September 2026, several prominent companies are set to implement significant workforce reductions. Both Oracle and Pinterest are letting...
18 Aug, 2026, 07.54 PM IST
Sonata Software appoints Hariprasad Rebala as chief AI officerSonata Software has appointed Hariprasad Rebala as its new chief AI officer. Rebala joins from Gnani.ai, bringing extensive AI and IT servi...
18 Aug, 2026, 02.45 PM IST
High tech, but low trust: Agentic tech meets old-school scepticism at AI checkoutAI’s ecommerce ambitions are hitting a reality check as trust and changing buying habits are holding back chatbot-led commerce, writes Swat...
18 Aug, 2026, 08.28 AM IST
Global Market: AI investment story shifts from spending to picking the winnersThe AI investment debate is shifting toward identifying sustainable winners as spending accelerates. Hyperscalers, semiconductor firms and ...
17 Aug, 2026, 01.01 PM IST
SIDBI backing is a ‘huge stamp of credibility’ for Cedar Hill Capital: Sahil AnandSIDBI’s backing of Cedar Hill Capital’s fund marks a strong vote of confidence in its strategy of investing in AI-first enterprise FinTech,...
17 Aug, 2026, 12.17 PM IST
Global AI investment $1 trillion in 2026, to reach 1.4% global GDP by 2028: Goldman SachsGlobal investment in artificial intelligence is projected to reach around $1 trillion in 2026, with AI-related capital expenditure expected...
17 Aug, 2026, 08.52 AM IST