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Nasdaq futures sink as Amazon, Intel intensify AI spending fearsShares of Amazon.com were down 6.3% in premarket trading after the company reported a sharp cash outflow in the third quarter and signaled ...
Microsoft expects to raise $25 billion in US bond sale, source saysThe world's largest tech firms have turned to selling bonds and raising equity over the past year to pay for their AI spending spree, a shi...
Amazon cloud business accelerates but shares drop on profit missAmazon experienced a notable decline of over seven percent in its shares following the release of its quarterly earnings, which failed to m...
D-St set for a cautious opening as GIFT Nifty signals muted startIn a significant trading session, benchmark indices registered solid gains, reflecting renewed market confidence following the Fed's intere...
Meet Lukas Biewald, who lost his CEO role at his first startup; how an unpaid internship at OpenAI helped him build an AI company behind a karate studio that sold for $1.7 billionAfter reportedly leaving the CEO role, Lukas Biewald felt that he needed to strengthen his technical knowledge as deep learning advanced. H...
Big Tech earnings: Microsoft, Google see cloud revenues surgeMicrosoft's total revenues hit $92.3 billion against expectations of $90.6 billion, with profits of more than $36.6 billion versus the $35....
Amazon layoffs to 'improve efficiency': What they mean for employees & how they compare with job cuts at Microsoft, Netflix and Oracle across Big TechAmazon layoffs: Amazon has cut around 250 jobs in its devices and services division, primarily in software development, as it looks to stre...
Microsoft beats expectations fueled by Azure cloud businessMicrosoft has unveiled its impressive financial performance, reporting a revenue of $92.3 billion and profits soaring past $36.6 billion. T...
AI is part of solution for climate change, COP31 pledge saysTurkey is set to introduce a pledge at the upcoming COP31 climate summit in Antalya. This pledge suggests that artificial intelligence can ...
Microsoft beats expectations fueled by Azure cloud businessMicrosoft shares popped more than five percent Wednesday afternoon after it reported better than expected revenue and profit, fueled by its...
Gulf AI buffering, but on-streamThe escalating tensions between the US and Iran have hindered the progress of AI infrastructure development throughout the Gulf. While Gulf...
Infosys, TechM, TCS, other IT stocks plunge up to 5%, extend losses as global AI trade rebounds. What lies ahead?Indian IT stocks fell sharply on Wednsday as renewed optimism around the global AI trade weighed on sentiment. Strong earnings from SK Hyni...
D-Street braces for weak opening on negative GIFT Nifty cuesMarkets experienced volatility on the monthly expiry day, resulting in a largely unchanged ending. Analysts suggest that a decisive move ab...
- AI kids need adult eyes in the lab
Satya Nadella and Sam Altman call for a crucial reassessment of AI safety frameworks. Advanced artificial intelligence presents significant...
Global bond issuance set to grow at slowest pace in five years in 2027, S&P Global Ratings saysIn 2027, global bond issuance is expected to rise by a mere 2.7%, marking a stark decline compared to this year's growth. According to S&P ...
Big Tech’s AI push faces a $1 trillion profit test, says UBSUBS Global Research indicates that major cloud companies must generate an additional $1 trillion in operating profits by 2031. They are exp...
Unacademy cofounder Gaurav Munjal pushes back against criticism of Indian VCsMunjal cited companies such as Astrotalk, Airbound and Sarvam AI as examples of startups that have been able to raise capital and grow quic...