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Red Hat sees an opening as Indian enterprises turn to AI sovereigntyIndian businesses are increasingly opting for Red Hat's open-source solutions to gain control over their AI and cloud infrastructure, said ...- US stocks: Oracle shares tumbles 12% as hefty AI spending, debt plans spook investorsOracle faced a sharp decline in stock prices on Thursday, triggering alarms among investors who are anxious about the company’s escalating ...
- Explained: Why Oracle shares crashed 10% in extended trading despite earnings beatOracle shares fell sharply in after-hours trading despite beating earnings estimates, as investors reacted to aggressive AI spending plans ...
- CoreWeave founders have dumped $2.3 billion in stock since IPOCoreWeave executives and a major investor have sold over $7.8 billion in stock since the company's March 2025 IPO. Despite this, CoreWeave'...
- Nvidia clinches deals with South Korean giants include SK Group to advance AI boomSpeaking to reporters in Seoul, Huang's remarks underscored Nvidia's continued cooperation with SK Hynix, a leading supplier of high-bandwi...
- Did this L&T-backed AI stock actually crash 90% in one day? Here's all you need to knowE2E Networks appeared to plunge nearly 90% in a day after its 1:10 stock split took effect, but the move was purely a price adjustment. The...
- The great $100-billion tech shift: GCCs tighten grip on India’s talent marketIndia's Global Capability Centres (GCCs) jobs: India's Global Capability Centres (GCCs) are rapidly outpacing traditional IT services, driv...
- Australia's Megaport secures four new AI infrastructure contracts, to raise $594 millionThe four contracts, all with U.S.-based technology providers running AI applications, are expected to start in the first half of 2027 and...
- US banks rely on a 65-year-old programming language; companies are paying a premium for developers who know itA 1959 programming language, COBOL, is powering global finance and government systems. As experienced programmers retire, companies face a ...
- Anant Raj shares rally 5% after signing Rs 25,000 crore Haryana Data Centre MoUAnant Raj's shares surged after announcing a significant partnership with the Government of Haryana to boost the state's digital infrastruc...
- AI could automate 50% of enterprise data work in 18 months: Salesforce SVP Gaurav PathakArtificial intelligence is poised to automate half of enterprise data tasks within 18 months. Salesforce's Gaurav Pathak highlights AI agen...
- Intel bets big on AI infrastructure with new Xeon chipsIntel has unveiled new data center products. This includes the next-generation Xeon 6+ processors and advanced AI accelerators. These innov...
- More than 120 deeptech startups head to France for Bharat InnovatesOver 120 Indian deeptech startups will showcase their innovations at the Bharat Innovates event in Nice, France, from June 14-16. This init...
- EU wants to break up with US techWary of being vulnerable to the whims of foreign governments, the European Union is preparing far-reaching new moves to ditch American digi...
- Dell shares soar more than 30% on strong earningsFollowing robust financial results, Dell's stock soared, reflecting a successful pivot toward AI servers that has truly paid off, surpassin...
- India’s tech sector grows with fewer freshers as AI reshapes hiringThe share of entry-level hiring in the sector has fallen to around 15% in 2025 from 28% in 2024 as companies focus more on AI, cloud, cyber...
- Nokia launches AI networking innovation lab to accelerate AI native data center infrastructureNokia has launched an AI Networking Innovation Lab to accelerate AI-native data center infrastructure and next-generation networking techno...
- UBS sees mixed outlook for Indian IT sector, mid-tier firms outperform large caps amid AI shiftIndian IT firms saw varied results in the last quarter. Mid-tier companies performed better than large ones. Artificial intelligence is cha...
- Google, Blackstone plan AI cloud venture with $5 billion backing: WSJGoogle and Blackstone are reportedly planning to launch a new AI cloud company, with Blackstone contributing $5 billion in equity for a maj...
- Baidu results beat estimates as AI cloud surge offsets ad slumpBaidu has announced strong quarterly results, surpassing market expectations. The company's cloud computing services showed significant gro...
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