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HCL Tech announces $1.14 billion AI partnership with European firmSources familiar with the matter told ET that the client is Mercedes-Benz, with HCLTech beating out Infosys, which was the incumbent vendor...- Chinese chip firm Biren Tech seeks up to $838 million in Hong Kong placement, term sheet showsChinese chip maker Biren Tech is reportedly looking to raise a substantial amount, aiming for up to $838 million through a placement in Hon...
- AI hiring outpaces overall IT recruitment in India: reportIndia's IT sector is prioritising artificial intelligence (AI) hiring, with AI roles seeing a 16% year-on-year surge in June, contrasting w...
- Indonesia detains former minister and Gojek founder as suspect in graft caseMakarim, education minister between 2019 and 2024, was accused of involvement in the procurement of Google's Chromebook laptops for use at ...
- HCL Tech surges 6% on $1.14 billion AI deal; Mercedes-Benz likely clientHCL Tech shares surged following a significant $1.14 billion deal with a European Fortune Global 50 firm to manage its digital workplace an...
- Infosys, TCS and other IT stocks jump up to 5% on dip buying. Is the worst over?IT stocks rebounded sharply on Thursday, with the Nifty IT index surging nearly 4% after a four-session slide that pushed it to a 52-week l...
- EU top court to rule on record 4.1 bn euro Google fineThe EU's top court will decide Thursday whether to uphold a record 4.1 billion euro ($4.7 billion) fine the bloc slapped on Google for anti...
- US Stocks: Meta building cloud business to sell AI computing, says report; shares riseMeta Platforms is reportedly exploring a move into the cloud computing business, aiming to lease out its surplus AI computing power. This s...
- Meta building cloud business to sell excess AI capacity, Bloomberg News reportsMeta Platforms is reportedly exploring a move into the cloud computing business, aiming to lease out its surplus AI computing power. This s...
- KPIT Tech shares sink 17%, see worst plunge since 2020 Covid crash. Time to buy or more pain ahead?KPIT Technologies shares dropped to a fresh 52-week low on Wednesday after the company warned of weaker-than-expected Q1 FY27 revenue and m...
- 'Built for parents, not students': Ankur Warikoo's take on why most Indian EdTech companies struggledEntrepreneur Ankur Warikoo has ignited a discussion on India's EdTech sector, asserting that many companies prioritized parents over studen...
- Dragon trails on AI bullet train as stocks shed most since 2001Chinese stocks are experiencing a significant downturn in 2026, with the MSCI China Index plummeting 15%, marking its worst performance glo...
- ET Graphics: Code takes over the cubicles as tech companies toss staff for AI growthSince the beginning of 2026, over 120,000 tech employees have been laid off across more than 200 companies including Meta, Amazon and Oracl...
- Vocus plans $343 million Sydney-Melbourne fibre link to meet AI demandMacquarie-backed Vocus is set to invest A$500 million in a new fibre network connecting Sydney and Melbourne by 2029. This pioneering ducte...
- China, India see top firms lose market cap share in AI lagMajor stock markets in China, India, and Hong Kong are lagging in the global AI race, with top companies now holding a smaller market share...
- Australia to give regulator more power to pursue Big Tech over under-16 banPrime Minister Anthony Albanese said there were still too many children on social media and tech firms were not doing enough to comply with...
- Tech equity sales renew AI debt-binge worriesTech giants are aggressively selling stock, raising billions, signaling a potential spending spree. While this boosts balance sheets, it al...
- Australia toughens kids' social media ban, doubles potential penalties for tech firmsAustralia is doubling penalties for tech firms failing to enforce its child social media ban, as evidence shows limited impact on teen usag...
- Chinese AI, chip firms are driving an onshore IPO reboundChina's tech IPOs are experiencing their strongest year since 2023, driven by Beijing's push for self-reliance in chip and AI sectors amid ...
- Legal tech firm sues US over order limiting foreign access to top-tier Anthropic modelsLegion LegalTech Corp, a legal tech firm based in the US, has initiated legal action against the federal government after a controversial d...
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