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Ashiss Kumar Dash to be new Infosys CEO; Swiggy renews bid to go IndianInfosys announced on Thursday that company veteran Ashiss Kumar Dash will be the CEO from April 2027. This and more in today’s ETtech Top 5.- Alphabet's cash burn raises alarm for Big Tech as AI spending climbsAlphabet's significant cash burn highlights increasing artificial intelligence spending pressures. Big Tech firms now face higher outlays, ...
- Google Gemini app now has 950 million monthly active users: Sundar PichaiIn a blog post, Pichai said new features such as Daily Brief and the personalised Gemini Spark assistant have fuelled the company's rapid g...
- Cloud, AI & Capex: 5 big takeaways from Alphabet's Q2 earningsAlphabet beat Q2 revenue estimates on strong cloud and advertising growth, but higher AI spending and increased capital expenditure guidanc...
- Google increases capex forecast again after cloud-driven earnings beatThe search giant now expects to spend between $195 billion and $205 billion in capital expenditures, its finance chief Anat Ashkenazi said ...
- Alphabet's quarterly earnings beat Wall Street estimates, but here's what is spooking investorsAlphabet announced strong second-quarter earnings, but its shares declined significantly. The company plans to substantially increase its c...
- Pichai pushes back on claims Google is losing ground in AI raceThe latest setback has fueled worries that Google was losing momentum just as OpenAI and Anthropic and a host of Chinese rivals have acce...
- Google quarterly cloud revenue growth beats expectationsGoogle Cloud revenue surged eighty-two percent, fueled by strong enterprise demand for AI services. This significant growth helped offset c...
- Meta's Muse Spark edges past Google's Gemini on AI benchmarkMeta's new AI model has edged past Google's Gemini on a key benchmark. This development has sparked discussions among AI industry observers...
- US lawmakers urge Donald Trump to act against EU tech rules, suggest trade probesIn a letter, the lawmakers focused on the European Union's Digital Markets Act aimed at reining in the power of Amazon, Apple, Booking Hold...
- US ambassador sees $40 billion tech investment wave into Portugal by 2031Portugal anticipates significant US technology investment by 2031. This will establish it as Europe's primary hub for American AI infrastru...
- Alphabet's Gemini delay, spending worries loom over earningsThe Google parent - set to report second-quarter results on Wednesday - has delayed from June the launch of its next flagship model, Gemini...
- Google connects new transatlantic cable between Portugal and the USGoogle's Nuvem, named after the Portuguese word for "cloud", links Myrtle Beach, South Carolina, with Sines, south of Lisbon, via Bermuda a...
- Google plans new chip to run Gemini models more efficiently: ReportThe Alphabet-owned company expects the new chip, informally dubbed "Frozen v2," to help address an AI computing capacity crunch that has f...
- Downfall of a Wall Street darling: Why Oracle shares crashed 65% from peakOracle shares have dropped about 65% from their peak as investors shift focus from AI-driven cloud growth to rising capital expenditure, de...
- Larry Page, Sergey Brin get $15 billion richer as Warren Buffett says Alphabet bet was his callWarren Buffett revealed he personally initiated Berkshire Hathaway’s investment in Alphabet, lifting the stock nearly 4% and adding over $1...
- TCS and Google Cloud launch Gemini Experience Center in KolkataTata Consultancy Services and Google Cloud have opened a new Gemini Experience Center in Kolkata. This facility will help consumer business...
- Groww faces technical glitch, client withdrawals hitGroww experienced a temporary disruption affecting client fund withdrawals on Friday. This incident was attributed to an issue with its clo...
- UK to regulate cloud service providers Microsoft, Google and others to protect financial stabilityThe UK government has identified Microsoft, Google, Amazon, and Oracle as essential cloud providers, implying new regulatory measures for t...
- Google to plant its AI flag in India: What it means for the countryIn a major shift for India's AI ecosystem, Google Cloud is bringing its latest Gemini AI models to infrastructure located within the countr...
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