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AI TECHNOLOGY CONCERNS
Explained: Why TCS, Infosys, Wipro & other IT stocks may tumble after IBM's historic 25% plungeIndian IT stocks such as TCS, Infosys, Wipro, HCLTech, Tech Mahindra, Persistent Systems and Coforge may face selling pressure after IBM pl...- Infosys, Wipro ADRs crash up to 7% as IBM warning sends ripples across IT sectorInfosys and Wipro ADRs fell after IBM forecast weaker-than-expected quarterly revenue, signalling enterprise spending is shifting from soft...
- Australia to establish government AI office to coordinate regulationThe "Office of AI" will be established within the Department of the Prime Minister and Cabinet and ensure a whole-of-government approach ...
- Global Market: CXMT set for July 27 Shanghai debut in Asia's biggest IPO of 2026China's leading memory chipmaker, CXMT, is set to debut on the Shanghai Stock Exchange on July 27 after launching a 29.5 billion yuan IPO, ...
- SoftBank's Masayoshi Son says AI will need $5 trillion per year by 2040, dismisses bubble talk"The business model will be viable because by 2040, if AI revenue makes up 20% of global GDP, spending 800 trillion yen a year is a roundin...
- Global Market: AI stocks take a breather after blistering rally as investors reassess valuationsAI-linked stocks are showing signs of fatigue as investors lock in profits. Semiconductor and memory-chip makers have seen sharp retreats f...
- Korea's Kospi hits 8% lower circuit, trading halted. What's rattling investors today?South Korea's benchmark Kospi index plunged 8% to lower circuit on Monday as rising tensions in the Gulf and soaring oil prices rattled glo...
- ETtech Q&A | TCS sees better Q2 show on stressed sectors’ turnaroundMacroeconomic uncertainties due to the West Asia conflict have led to project deferrals in key verticals at Tata Consultancy Services, whic...
- Tata Consultancy Services plans up to 8,900 AI deployment engineers, seeks AI acquisitionsTata Consultancy Services is building a large team of forward-deployed engineers. The company is also actively seeking artificial intellige...
- 'Gen Z is rejecting AI': Christopher Nolan makes big prediction about AI tech use in Hollywood. Why is it 'wrong time'?Christopher Nolan believes Gen Z is rapidly rejecting AI-generated content and says Hollywood is embracing the technology at the "wrong tim...
- Meta Muse Image: How to disable AI access to your Instagram photosMeta launched Muse Image, an AI tool for image generation and editing. This feature allows users to create images using public Instagram ph...
- UN digital tech agency launches initiative to improve trust in AI agentsThe United Nations digital agency is launching a new initiative to enhance trust in artificial intelligence agents. These autonomous AI sys...
- Italy privacy watchdog fines Character AI owner over age-check failuresThe regulator found several privacy violations, including shortcomings in information provided to users about the processing of their perso...
- Skilling vital in India's goal of becoming AI solutions capital: IT SecretarySpeaking at the CII GCC Business Summit, Krishnan noted that the deployment of AI in enterprises is still lagging across the world, not jus...
- Meta’s Muse in trouble within days of launch; government to review legal complianceThe government will examine whether Meta's Muse Image feature complies with India's legal framework after concerns emerged over privacy, co...
- Palantir shares fall 4% as AI software stocks come under pressurePalantir shares fell over 4% as investors sold high-valuation AI software stocks amid concerns over slower-than-expected AI adoption. Weak ...
- HSBC drops 'overweight' call on EM equities on AI spending fearsHSBC has reassessed its position on emerging markets equities, shifting to an 'overweight' stance due to rising volatility in Asian markets...
- Ingram bets big on India's AI, cloud pushIndia has become Ingram Micro's second-largest market globally. Accelerated AI adoption and data centre investments fuel this significant g...
- Micron, Intel shares crash up to 8% as Samsung fails to calm concerns over AIGlobal semiconductor stocks fell sharply as Micron and Intel dropped up to 8%, tracking weakness in Asian peers despite strong Samsung earn...
- Beijing is looking at curbing overseas access to China's top AI models, sources sayChinese authorities are meeting with tech firms about restricting AI model access. These discussions aim to protect advanced artificial int...
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