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AI boom heading for a dot-com-style bust? ‘Dean of Valuation’ Aswath Damodaran warns correction could be more painful than 2008Global finance expert Aswath Damodaran warns AI's massive infrastructure spending, funded by debt, poses a greater risk than the dot-com cr...- Jio evaluating sovereign LEO satellite constellation, to partner global providers in interimReliance Jio is venturing into space communication, planning a sovereign Low-Earth Orbit (LEO) satellite constellation for India. The compa...
- Forget chatbots, Ambani's Reliance wants to own India's entire AI economyReliance Industries is charting a unique AI strategy, aiming to democratise artificial intelligence in India by focusing on affordability a...
- Reliance Intelligence to make AI dramatically more affordable in India by 2030: Akash AmbaniReliance aims to revolutionize AI accessibility in India, mirroring its Jio data success. By decade's end, the company plans to make AI "dr...
- Reliance seeks to build India's sovereign AI backbone; unveils Jio call agent and AI home platformReliance Industries is building India's sovereign AI backbone. The company is partnering with Google and Meta. New AI-powered applications ...
- US Stock Market: Accenture’s AI transformation faces investor skepticism as stock plunges; CEO Julie Sweet remains confidentAccenture's shares plunged nearly 20% after its fiscal third-quarter results revealed weaker-than-expected bookings and a softer outlook. C...
- Data centres, AI infra become IT's next growth betIndia's software services industry is finding new growth in data centers and AI. Companies like HCLTech, TCS, Accenture, and Cognizant are ...
- Reliance AGM: A look back at 5 big moves announced by the Ambanis at 2025 annual meetingReliance Industries' 49th annual general meeting is highly anticipated. Investors await updates on the Jio Platforms IPO timeline. Plans fo...
- Accenture signals caution, but analysts see long-term IT opportunityAccenture's earnings signal tough times for IT services. Indian IT firms face weak demand and cautious client spending. While valuations ar...
- Hexaware to invest Rs 310 crore to expand UK operationsThe move is expected to create around 1,200 jobs in AI, digital services, and quantum computing alongside new research and development (R&D...
- AI company Dream triples value to $3 billion in funding roundBicycle Capital and Group 11 led the round, which nearly tripled its valuation from $1 billion in February 2025, Dream co-founders Shalev H...
- “I get no response at all”: Claude users report blank replies as AI platform appears to face outageClaude AI down: Anthropic's AI chatbot Claude appeared to suffer a disruption on Wednesday, with users reporting that prompts were either r...
- Claude down worldwide? Check the reason behind the latest outage affecting users across the globeClaude AI users worldwide are experiencing a second major service disruption this month, with many reporting failed requests and login issu...
- Microsoft makes big AI inroads in China by selling OpenAI modelsMicrosoft is significantly growing its AI business in China, with ByteDance reportedly spending over $1 billion annually on its cloud and A...
- AI startup Genspark valued at $2.6 billion in latest funding roundGenspark.ai secured $100 million in funding, valuing the company at $2.6 billion. This investment underscores strong investor confidence in...
- Allbirds rebrands as Smartbird in AI pivot, hires former AWS executive as CEOAllbirds is now Smartbird. The company has a new president and CEO, Nadia Carlsten. Smartbird is shifting focus to AI infrastructure and cl...
- South Park Commons backed Maya Research wants to build a voice interface that speaks like a localMaya Research is developing conversational AI models designed to speak and respond like native speakers across languages and cultural conte...
- HCLTech bets big on sovereign AI with strategic investment in Sarvam AIHCLTech strategically invested $1.5 billion in Indian AI startup Sarvam AI, acquiring a 10.5% stake. This partnership aims to address enter...
- India has wide AI talent gaps in deployment, governance, security: Quess reportIndia faces significant AI talent gaps in deployment, governance, and security roles, with GenAI deployment showing the widest deficit. Whi...
- French spies drop AI giant Palantir over US overreliance fearsFrance is moving away from American AI technology for its intelligence services. The government announced it will stop using Palantir's dat...
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