UAE revises AI data center plan after Iranian attacks, sources sayIn light of recent attacks linked to Iran, the UAE is re-evaluating its extensive AI data center project. Officials are contemplating distr...
11 Sep, 2026, 02.59 PM IST
Oracle earnings show slower cash burn as AI spending starts to pay off; stock jumps 4% after marketOracle’s latest earnings offered investors relief as stronger-than-expected revenue and a smaller cash burn eased concerns over its heavy A...
11 Sep, 2026, 12.25 PM IST
Oracle tops estimates as AI demand tempers cash-burn fearsShares of the company, which have slumped more than 21% this year, rose 4% in extended trading after Oracle reported a jump in revenue back...
11 Sep, 2026, 08.33 AM IST
Too early to wave red flag over pink slipsIndia is witnessing a resurgence of job cuts in the multinational sector, particularly within the tech and electronics fields. However, the...
10 Sep, 2026, 11.50 PM IST
AI chip startup Positron's valuation skyrockets in latest funding roundThe rapidly growing AI inference market, focused on running trained AI models, has become a key battleground as companies develop specializ...
10 Sep, 2026, 10.59 PM IST
Making people redundant is a no-win: Revolut India CEO on AI job cutsAs large private banks and financial institutions trim headcount to automate their workforce, Revolut’s Paroma Chatterjee believes it is cr...
10 Sep, 2026, 12.23 PM IST
Kentucky mother, 82, rejects $26 million for family farm as AI data center plans advance: ‘Everything coming out of the data center is going to be poison and destructive’Kentucky woman rejected $26 million offer to turn her farm into a data center in a bid to preserve it. Ida Huddleston and her family declin...
08 Sep, 2026, 08.31 PM IST
AI's left hand begins to take away jobs before its right hand canIn response to soaring chip prices, Samsung India is downsizing its electronics division. The burgeoning demand for specialized chips fuele...
08 Sep, 2026, 03.26 PM IST
Coforge shares double from March low, outperform Nifty IT peers. Is more steam left in the rally?Coforge shares have experienced a remarkable resurgence, doubling since March and leaving its IT competitors behind. The company recently a...
08 Sep, 2026, 10.06 AM IST
Wall Street Week Ahead:Investors to pore over inflation data for signals on rate trajectoryInvestors await crucial inflation data next week which may decide the Fed's interest rate move. The S&P 500 index is nearing its record hig...
05 Sep, 2026, 09.17 AM IST
Suniel Shetty, Ghazal Alagh, and many serial Entrepreneurs to visit Odoo Experience, championing MSME digitisation.Odoo Experience India 2026 underscores a transformative approach to ERP accessibility for Indian MSMEs. The prevalent reliance on antiquate...
04 Sep, 2026, 05.28 PM IST
Can Big Tech’s $1-trillion AI bet pay off? Jefferies explains why it remains bullishJefferies remains bullish on Big Tech’s $1-trillion AI investment despite near-term financial pressure. Rising customer backlogs, strong cl...
04 Sep, 2026, 04.44 PM IST
AI startup Crusoe valued at $30 billion after new fundingSeparately, the startup has signed a five-year cloud contract with trading firm Jane Street Group valued at around $13 billion, Bloomberg ...
04 Sep, 2026, 09.40 AM IST
Oracle layoffs 2026 September 1 update: US employees ‘watch’ Slack counts after no 6 AM job-cut email — when could layoffs happen?Oracle layoffs 2026: The dreaded 6 am layoff email failed to arrive on September 1, leaving Oracle employees across the US and India watchi...
01 Sep, 2026, 10.11 PM IST
Oracle trims 3,000 India roles; Microsoft places 500 on PIPAround 2% of Microsoft India workforce, which translates to about 400-500 people, may be impacted by a global PIP exercise at the company, ...
01 Sep, 2026, 08.39 AM IST
Oracle 6 a.m. layoff notice: Will more employees get this letter on September 1 that 30,000 received on March 31 morning?On March 31, Oracle executed a massive layoff, affecting thousands of employees worldwide. Notices were sent through email, indicating that...
31 Aug, 2026, 04.23 PM IST
Oracle layoffs September 1: Will employees wake up to another ‘6 a.m. email’ tomorrow after 21,000 jobs were cut as AI spending soars?Oracle layoffs 2026: Employees are reportedly bracing for another round of job cuts after Oracle eliminated around 21,000 positions earlier...
31 Aug, 2026, 04.01 PM IST