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Microsoft shares rise after Azure sales disclosure; AI cloud growth in focusMicrosoft has disclosed Azure’s quarterly and annual revenue for the first time, giving investors a clearer view of its position against Am...- Microsoft reveals Azure cloud sales in financial reporting shiftMicrosoft said that Azure had $29.4 billion in sales in its most recently ended quarter and $101.9 billion in sales in its most recent fi...
- Yotta targets Jan-March 2027 IPO, seeks up to $1.5 billion amid AI boomYotta Data Services is gearing up for an initial public offering scheduled for early 2027, aiming to secure as much as $1.5 billion to sett...
- Wipro shares gain 2% after IT major expands Google Cloud AI partnership. What investors should knowWipro's stock experienced an uptick following its announcement of an enhanced partnership with Google Cloud. The goal of this collaboration...
- Anthropic planned, then abandoned $7 billion purchase of MatXThe merger talks, which a third person said have evolved into a discussion about a partnership, underscore the AI lab's ambition to secure ...
- Wipro ADRs rise 5% after company expands Google Cloud AI partnershipWipro ADRs gained 5% pre-market after expanding its Google Cloud partnership to scale Gemini Enterprise and agentic AI adoption. The compan...
- Next market winners: Jefferies sees potential in data centers as hyperscalers race for AI capacityHyperscalers are accelerating data-centre leasing as power constraints and lengthy development timelines limit supply. North American non-c...
- China's Moonshot in talks with Microsoft, Amazon, Google over K3 revenue sharingThe discussions highlight how China's leading AI models, often far cheaper than Western offerings, are gaining traction in the US, despite ...
- China's Moonshot in talks with Microsoft, Amazon, Google over K3 revenue sharing, sources sayMoonshot AI is negotiating revenue-sharing deals with Microsoft, Amazon, and Google. These talks could allow US cloud providers to host its...
- Samsung, SK Hynix stand to benefit as Nvidia AI server costs surgeServer manufacturers notified major data center customers, including Microsoft, Google, and Oracle, that prices for Nvidia-based AI systems...
- Before the first server hums: India needs an impact test for the AI ageBefore advancing with AI infrastructure in India, it is crucial to conduct thorough impact assessments. Large data centres have high demand...
- India faces capital, talent gap in foundational AI race: Menlo Ventures’ Deedy DasIndia faces hurdles in building globally competitive foundational AI companies, with top research talent concentrated in San Francisco and ...
- India orders Google to take down hundreds of Firebase accounts over cyber fraudIndia has directed Google to remove hundreds of accounts on its Firebase platform after officials found scammers using the service to imper...
- India orders removal of Google Firebase accounts after spotting scam patternOnline scams have become one of India's most pressing law enforcement challenges, with Indians losing nearly $2.4 billion in alleged cyber ...
- Jio to relaunch Prime membership with 1-year price guarantee after Airtel plan changesReliance Jio is relaunching its Prime membership program soon. This offers customers a price guarantee for their plans. The company will al...
- Global Market: AI investment story shifts from spending to picking the winnersThe AI investment debate is shifting toward identifying sustainable winners as spending accelerates. Hyperscalers, semiconductor firms and ...
- Jefferies’ Chris Wood spots a hidden risk in Big Tech’s $165 billion AI capex raceBig Tech’s AI capex surge is putting pressure on free cash flow, with Microsoft, Amazon, Alphabet and Meta spending $165 bn in Q2 against j...
- Inside the Google executive moves that led to its big AI reshuffleOn August 5, the Mountain View, California, tech giant announced a sweeping leadership overhaul of its Google DeepMind AI division in which...
- US Stock Market: JP Morgan raises S&P 500 year-end target to 8,000 on AI, earnings optimismJ.P. Morgan raised its S&P 500 year-end target to 8,000, citing stronger corporate earnings and growing confidence in AI investments. The b...
- Microsoft could unveil Maia 300 AI chip as early as September: ReportMicrosoft plans to launch its new Maia 300 AI chip this autumn. The company is securing production capacity for over 300,000 chips by 2027....
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