Generative AI expanding role in shopping, to enable AI-led purchases: ReportGenerative AI is set to revolutionise consumer shopping, moving beyond discovery to completing transactions. Young shoppers, particularly G...
24 Jun, 2026, 11.31 AM IST
US remains global leader in AI, but China rapidly closing gap with cheaper models: JP MorganThe United States stands at the forefront of AI development, yet China is swiftly closing the gap with cost-efficient AI systems. Chinese c...
24 Jun, 2026, 10.54 AM IST
In supercomputer marathon, China tops US; but AI-high? NoChina's LineShine supercomputer has topped the global TOP500 list, utilizing domestically produced chips. However, experts suggest this ach...
24 Jun, 2026, 12.00 AM IST
A new bunch of AI spin-offs ripe for the pickingIndian tech unicorns are transforming their internal AI tools into independent businesses, mirroring successes like Amazon Web Services and...
23 Jun, 2026, 02.02 PM IST
Oracle layoffs 2026: Tech giant's headcount shrinks by 21,000 amid rapid AI adoptionAI adoption has led to a 13% decline in Oracle's total workforce. The company said in its filing that the workforce adjustments were in res...
23 Jun, 2026, 08.53 AM IST
Chevron signs pact with Microsoft for powering its Texas data centreChevron and Microsoft have partnered for a 20-year deal to power a Texas data center. The Kilby facility will supply 2.67 gigawatts using G...
22 Jun, 2026, 11.56 PM IST
ArcelorMittal partners with AWS to automate global operationsSteel giant ArcelorMittal is joining forces with Amazon Web Services (AWS) to revolutionize its global operations. By integrating AWS's clo...
22 Jun, 2026, 02.19 PM IST
Amazon MGM drops Luca Guadagnino's Sam Altman film 'Artificial'Luca Guadagnino's upcoming film 'Artificial,' starring Andrew Garfield as Sam Altman, has been dropped by Amazon MGM Studios despite nearin...
20 Jun, 2026, 02.25 PM IST
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...
20 Jun, 2026, 10.19 AM IST
Architect Labs raises $24 million to take on Broadcom, Marvell custom chip businessThe company plans to target chip companies to help accelerate the design process but also software companies that could use custom chips t...
20 Jun, 2026, 12.07 AM IST
Amazon points to water conservation steps in India amid data centre scrutinyAmazon has achieved a significant water conservation milestone in India, becoming "water positive" a year ahead of schedule. This means the...
19 Jun, 2026, 06.20 PM IST
Amazon in talks to sell custom AI chips in bid to cut Nvidia’s dominanceAmazon is planning to sell its custom artificial intelligence chips to other companies. This move aims to compete with Nvidia's strong hold...
18 Jun, 2026, 11.26 PM IST
Architect Labs raises $24 million to take on Broadcom, Marvell custom chip businessArchitect Labs has secured $24 million in seed funding. The company will leverage artificial intelligence to accelerate and simplify the de...
18 Jun, 2026, 06.34 PM IST
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...
17 Jun, 2026, 08.22 PM IST
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...
17 Jun, 2026, 06.48 PM IST
Europe frets about US AI as tech world flocks to France for G7, VivaTechEuropean leaders and tech executives are focusing on technological sovereignty. Discussions at G7 and VivaTech highlight concerns about Ame...
17 Jun, 2026, 10.36 AM IST
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 ...
11 Jun, 2026, 08.17 PM IST