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ARTIFICIAL INTELLIGENCE INFRASTRUCTURE
Microsoft, Oracle outshine Alphabet as investors demand AI returnsWall Street increasingly favours technology companies demonstrating financial discipline in AI investments. Microsoft and Oracle gained on ...
Central Asia's biggest state makes renewed push for infrastructure & AI projectsKazakhstan President Kassym-Jomart Tokayev outlined plans to strengthen energy security, expand infrastructure, develop artificial intellig...
MSFT stock price today rises after Microsoft earnings beat Wall Street expectations, but is capex still a concern?Microsoft stock rose over 2% in after-hours trading after the company beat quarterly revenue and earnings expectations. Azure revenue grew ...
US Federal Reserve holds interest rates steady as stubborn inflation puts future rate hikes in focusThe US Federal Reserve has decided to keep its benchmark interest rate unchanged to evaluate inflation trends. Policymakers are assessing h...
AI makes continuous upskilling critical for IT professionals, says KhargeKharge noted that the unprecedented pace of AI adoption had created uncertainty over how job roles and skill requirements would evolve, mak...
Global Market: South Korean shares surge 6% as SK Hynix earnings fuel AI chip rallySouth Korean shares surged nearly 6% on Wednesday, driven by SK Hynix and Samsung Electronics following strong earnings and optimism over A...
Oracle expands chip supply deal with Nvidia, adds Google and Cerebras offeringsOracle and Nvidia said the cloud firm will expand to "multi-gigawatt scale" with Nvidia's newest generation of "Vera Rubin" AI servers. The...
'Involuntary entrepreneur era': Tech veteran's warning to IT workers as Microsoft offers buyouts to 60,000 employeesMicrosoft’s voluntary buyout offers to around 60,000 employees have raised concerns about job security across the technology sector. Tech v...
Sarvam enters defence AI with projects across Army, Navy and Air ForceChanakya, Sarvam's firewalled division for national security and defence, will carry out the projects. The unit will use Sarvam's AI stack,...
Global Market: China, Hong Kong stocks slip as technology shares extend lossesChina and Hong Kong stocks edged lower as weakness in technology and AI-related shares outweighed faster industrial-profit growth and fresh...
Australia warns of 'unprecedented' AI threatArtificial intelligence poses an "unprecedented" threat as foreign governments turn it loose to hack computer networks and critical infrast...
Elon Musk says SpaceX raised $40 billion in debt for GPUsMusk's post comes after Reuters reported earlier this month that SpaceX is in talks with banks and asset managers to raise $40 billion for ...
India must bolster tech, economic resilience: Dean Grandy, KPMG's global head for government and public sectorIndia is encouraged to boost its domestic technology capabilities and economic resilience to face geopolitical tensions. Strengthening self...
UPI handles nearly 80 crore transactions daily, says Nirmala SitharamanUnion Finance Minister Nirmala Sitharaman highlighted the impressive growth of India's digital payments ecosystem. The Unified Payments Int...
HKEX launches AI and semiconductor indexes, licenses AI index in ChinaHong Kong Exchanges and Clearing launched two new indexes that track AI and semiconductor companies. The HKEX Artificial Intelligence Index...
Meta’s bigger budget, Tesla’s smaller one leave Wall Street uneasyInvestors question how Meta will fund its AI push and whether Tesla’s smaller budget can deliver Musk’s ambitions.
Microsoft working to reduce AI costs, expand ecosystem as global adoption rises: Satya NadellaMicrosoft is prioritizing the development of a comprehensive artificial intelligence ecosystem and reducing AI-powered service costs. CEO S...
Tech giants' AI spending to exceed $1 trillion in 2027, lift US growth: UBSMajor technology companies are projected to invest more than USD 1 trillion in artificial intelligence infrastructure by 2027. Reports indi...
Santander builds AI capabilities using Nvidia AI infrastructureBanco Santander SA: * NEW AI COLLABORATION MILESTONE WITH NVIDIA * BUILDS AI CAPABILITIES USING NVIDIA AI INFRASTRUCTURE * HAS BEEN PROGRES...
AdaniConneX's Vizag data centres to use air cooling, cut freshwater consumptionThe facilities will have dedicated industrial water connections rather than draw supplies from municipal lines, a move aimed at preventing ...