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AI will expand opportunities for Indian IT; luxury housing demand remains strong: BofA SecuritiesAI presents significant new revenue streams for Indian IT services, despite job displacement concerns. Experts believe AI will expand beyon...
Anthropic leads new wave of tech listings as AI sector captivates investorsAI firm Anthropic is preparing for a major stock market debut. The company has filed confidentially for an initial public offering in the U...
Anthropic approaches $1T valuation; Google ads face heatAnthropic neared a trillion-dollar valuation following fresh funding. This and more in today's ETtech Top 5.
OpenAI reports nearly $6 billion Q1 revenue, $1 billion more than Anthropic: ReportOpenAI reported $5.7 billion in first-quarter revenue, leading Anthropic by $1 billion. However, Anthropic projects its second-quarter reve...
Nvidia Q1 earnings report preview: Can NVDA beat AI chip rivals AMD, Amazon, Google, and Cerebras again? The AI giant faces its most critical Wall Street moment of the yearNvidia Q1 earnings report: With $78.75B in expected revenue and rising competition from AMD, Cerebras, Amazon, and Google, Nvidia's Q1 FY20...
Lenskart, Ola’s Q4 scorecards; Visa maze for laid-off techiesLenskart has posted a sharp jump in its March-quarter revenue even as profit dipped marginally. This and more in today’s ETtech Top 5.
Infosys, OFSS, TechM, other IT stocks gain up to 3% despite weak market sentiment. Here's whyIT stocks such as Infosys and Oracle Financial Services Software gained, while LTIMindtree, Coforge, Tech Mahindra, Mphasis and Persistent ...
China tech giant Tencent sees Q1 profit jump after AI betsTencent reported a 21% surge in quarterly net profit, reaching 58.1 billion yuan, driven by significant investments in the booming artifici...
Fractal says enterprise AI market still wide open as Q4 profit more than doublesAI services firm Fractal Analytics saw net profit more than double to Rs 116 crore in Q4, driven by improved margins. CEO Srikanth Velamaka...
Groww investors reap bumper returns; Lightspeed’s India rethinkHappy Wednesday! Groww delivered strong gains to early investors after the IPO lock-in expired. This and more in today’s ETtech Morning Dis...
SoftBank's OpenAI-related debt in focus as another strong quarter expectedSoftBank anticipates a strong quarterly profit, largely driven by its significant investment in OpenAI, whose valuation has surged. However...
Cloudflare's slowing growth disappoints investors betting on AI boostCloudflare shares dropped significantly after its revenue forecast missed investor expectations. The company is also reducing staff by 20%,...
PoS terminal supply squeeze; Skyroot CEO on unicorn flightHappy Friday! The point-of-sale (PoS) supply has dried up in India as the West Asia conflict squeezes imports. This and more in today's ETt...
Tech services demand is changing, not weakening: Coforge CEOCoforge CEO Sudhir Singh asserts that demand for technology services is evolving, not declining, driven by new value pools. He emphasizes t...
Walmart self checkout: Why are Costco, Target removing self checkout?Self checkout means Customers could avoid long lines by scanning and bagging their own items, workers could be freed of doing those monoton...
AI spending boom soars but no returns for big tech giants, warns Jefferies’ Chris WoodRising AI investments by global tech giants are straining cash flows, with capex nearing record levels relative to operating cash flow. Des...
Infosys Q4 profit spikes; Flipkart mulls separate app for MinutesInfosys closed FY26 with strong numbers aided by a pickup in demand from its banking, energy and communication segments. This and more in...