CIMware, a Bengaluru-based data centre infrastructure startup, has secured $2.3 million in its first funding round led by Transition VC. Th...

In a conversation with Ali Ghodsi, founder and chief executive, Databricks, at the company’s annual conference in San Francisco on Thursday...

Alibaba executives expressed coolness about the near-term potential of IPOs for Cainiao logistics and Freshippo. Alibaba is considering sel...

01.AI drew recognition in the open-source LLM community in November, when its Yi-34B model became the first Chinese LLM to top the leaderbo...

The stock opened down 7.8% and then deepened its loss to 10.3% by mid-morning, heading for its biggest one-day drop in more than a year.

The U.S. decision last month to ban the export to China of more chips used in artificial intelligence (AI) has created major uncertainties ...

Cloud spending by businesses preparing to roll out AI features powered a rebound in growth for Microsoft's Azure platform in its first quar...

The impact of the impending recession and rising inflation will be different from what was experienced by IT service providers during 2008 ...

When the pandemic hit India in early 2020, the 150-year-old steel-to-airlines conglomerate scrambled to adapt to lockdown restrictions. Tat...

The funding will enable Databricks to expand its "lakehouse" architecture, which draws data from various sources to help improve analytics.

The money will be used mostly for expansion into international markets that have high SME density and fragmented distribution as well as co...

Alibaba's e-commerce platforms cater to both Chinese and global consumers, though the majority of its transactions are generated domestical...

Alibaba opened its second data center in Silicon Valley as it invests $1 billion in its cloud computing business globally to compete for cl...

The move is in line with Paytm's strategic plan to invest $150 million in a dozen Indian tech start-ups over the next few months, the compa...

Having tested waters with investment in Paytm and Snapdeal, Alibaba has now tasked bankers to scout for "more mature" entities in the India...

“According to our initial estimates, we’ll be able to double our gross merchandise within six months with the help of AliExpress integratio...

Wipro today said it has acquired a minority stake in cloud applications systems integrator Drivestream for $5 million.