IPO multibagger ESDS shares hit 5% lower circuit as Q1 net profit more than halves. Time to sell?Newly-listed ESDS Software Solution hit the 5% lower circuit at Rs 1,758 after Q1 FY27 net profit fell 57% sequentially to Rs 29.3 crore. D...
25 Sep, 2026, 10.36 AM IST
US Market: Meta shares rebound as Muse AI agent fuels revenue hopesMeta shares have rebounded as investor optimism grows around Muse, its AI agent aimed at creating revenue beyond advertising. The company f...
25 Sep, 2026, 09.54 AM IST
Dextr AI raises $6.7 million led by Elevation Capital to build AI workforce for hospitalityDextr sells AI agents to hotels, resorts and spas, with its platform handling voice AI, guest management, back-office operations, staff man...
24 Sep, 2026, 10.28 PM IST
China's DeepSeek annualised revenue run rate hits $1 billion: ReportThe figure underscores the rapid growth of the AI company that shook the tech industry last year after its models challenged US assumptions...
24 Sep, 2026, 03.29 PM IST
How AMD went from Intel’s smaller rival to a $1 trillion AI contenderAMD achieved a $1 trillion market capitalisation as of September 21. The company’s rise is attributed to its success in AI computing and pr...
24 Sep, 2026, 11.30 AM IST
AI products in India: What makes an enterprise AI solution stand out in 2026?Enterprise AI is moving beyond experimentation. Products that solve clear business problems, fit existing workflows, and show measurable va...
24 Sep, 2026, 07.00 AM IST
Treasury Secretary Bessent may become 'AI czar'Scott Bessent is being considered to take on the role of AI czar amid growing concerns. President Donald Trump has indicated plans to appoi...
24 Sep, 2026, 12.54 AM IST
Enterprise AI startup Ema raises $77 million led by CreaegisFounded in 2023 by former Coinbase chief product officer Surojit Chatterjee and Souvik Sen, Ema builds AI employees for enterprise function...
23 Sep, 2026, 09.23 PM IST
Big Tech’s AI switch may dent $20 billion of IT outsourcing revenueThis shift threatens revenues in the high-tech and communications segments of the $315 billion local IT industry as higher efficiencies and...
23 Sep, 2026, 04.37 PM IST
Nearly 70% of India's GCCs stuck at AI pilot stage: Dell-Zinnov reportThe report, titled 'India GCCs 2030: From Capability Centers to Agentic Transformation Engines', noted that while ambition remains high, ap...
23 Sep, 2026, 04.17 PM IST
Wall Street expects Meta's AI agent to shape into a new revenue engineMeta Platforms' new AI agent Muse is driving significant stock gains. The AI assistant offers a new revenue stream for the social media gia...
22 Sep, 2026, 08.07 PM IST
CoRover.ai, Tech Mahindra partner on India-origin AIThe partnership will combine CoRover’s BharatGPT, a generative AI platform focused on Indian languages and use cases, with Tech Mahindra’s ...
22 Sep, 2026, 07.18 PM IST
Snorkel AI valued at $3.5 billion amid surging demand for complex AI training dataLed by Insight Partners and S32, the funding round included participation from existing investors Addition, Greylock and Wells Fargo, the c...
22 Sep, 2026, 06.52 PM IST
Top IT's subcontractor costs creep up as volatile pipelines force flexible staffingSubcontractor costs as a share of revenue increased sequentially at most firms in the June quarter, Kotak Institutional Equities said in a ...
22 Sep, 2026, 10.19 AM IST
OpenAI forecasts cash burn near $280 billion by 2030: ReportThe projection highlights OpenAI's funding needs as it seeks fresh investment, with the FT reporting earlier this week that the ChatGPT mak...
19 Sep, 2026, 09.39 AM IST
Anthropic considers releasing new AI model ahead of IPO, sources sayAnthropic is considering rolling out a new AI model to counter OpenAI's momentum since its launch of GPT-6 Astra, according to three source...
19 Sep, 2026, 07.23 AM IST
Anthropic tells investors it will be profitable for second straight quarterAnthropic's gross margins are above 80% before accounting for revenue shared with distribution partners, including Amazon, and the cost o...
14 Sep, 2026, 09.49 AM IST