Broadcom's second-quarter revenue misses estimates as competition bitesSecond-quarter revenue came in at $22.19 billion, missing estimates of $22.27 billion, as Broadcom races with Nvidia whose dominant graphic...
Acko hires Meta, Junglee Games executives to lead health, auto insurance businessesThe appointment comes at a time when Acko is preparing for an initial public offering(IPO). In April, ET reported that the Bengaluru-based ...
After the AI binge, companies balk at soaring billsArtificial intelligence is becoming more expensive as companies rethink their initial embrace. The era of "subsidized intelligence" is endi...
Energy use forcing rethink of AI chip design, TSMC saysAI's massive electricity needs are now driving chip development. Energy efficiency is becoming more critical than raw computing power. TSMC...
Meta commits extra funding to oversight board until 2028Meta's Oversight Board has secured additional funding for its operations until 2028. This watchdog makes binding decisions on content moder...
Nvidia chief Jensen Huang to join board of Beijing's Tsinghua University: Financial TimesNvidia CEO Jensen Huang will join the advisory board of Tsinghua University's School of Economics and Management. This elite Chinese instit...
Data spills at home; Green card limbo deepensHappy Tuesday! Recent data-collection experiments by on-demand platforms have drawn attention to Indian physical AI startups. This and more...
Pope calls for robust regulation of AI in manifesto that ponders the future of humanityPope Leo XIV's encyclical, "Magnifica Humanitas," urges robust AI regulation and ethical development for humanity's good, not profit. He wa...
Mukesh Ambani’s $4 billion Jio IPO hits Iran war roadblockReliance Industries' planned IPO for its digital arm, Jio Platforms, faces significant hurdles due to geopolitical tensions and market vola...
Meta Layoffs 2026: Why Zuckerberg's AI bet is eliminating 7,900 jobs — and what it means for every tech workerMeta layoffs 2026 hit Silicon Valley hard as nearly 10% workforce reduction begins at Meta Platforms amid rising AI restructuring and cost ...
New York, California pension leaders oppose 'extreme' SpaceX control structureUS pension funds are raising significant red flags regarding SpaceX's imminent entry into the stock market. Leaders from California and New...
'It makes companies seem strong...': As LinkedIn announces layoffs, co-founder warns tech firms may be using AI as ‘excuse’ for job cutsMicrosoft LinkedIn layoffs: LinkedIn, owned by Microsoft, has announced layoffs impacting engineering, marketing, and other teams, with co-...
For Meta AI, India tops the global charts: Will CathcartIndia leads globally in Meta AI's monthly active users on WhatsApp, with conversations surging post-Muse Spark launch. To enhance privacy, ...
US, China inch toward managed trade deal on $30 billion in non-sensitive goods at Beijing summitThe United States and China are poised to create a managed trade system for non-sensitive items. This initiative could see tariffs reduced ...
US CEOs seek China business gains from Trump-Xi summitAmerican business leaders are heading to China for a summit with President Xi Jinping. They aim to resolve ongoing business challenges and ...
Ambani's Reliance Jio: Businesses and investors of the IPO-bound firmReliance Jio Platforms, owned by billionaire Mukesh Ambani, is preparing to seek approvals for a Mumbai IPO that could become India’s bigge...
Jio IPO set to be fully fresh funding; no OFSReliance Industries is shifting Jio Platforms' IPO from an offer for sale to a fresh issue due to investor disagreements on pricing. This m...