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GENERATIVE AI SERVICES
Tesla cash burn to test investor faith in AI betsCEO Elon Musk has pivoted the electric-vehicle maker's focus from manufacturing cars to building so-called physical AI businesses such as s...- South Korea promises free homegrown AI chatbot this yearAs the technology has spread, countries have become increasingly concerned with so-called "AI sovereignty" -- developing domestic models se...
- Iren shares jump 16% as $2.8 billion AI cloud deals lift revenue targetIREN shares surged after the company secured $2.8 billion in AI cloud contracts and raised its 2026 revenue target. Strong demand for GPU i...
- Companies Are Laying Off Workers Because of AI’s Potential—Not Its PerformanceAI has been cited as a cause of layoffs, but is it actually displacing jobs? And if not, what’s going on? Based on a survey of 1,006 global...
- Hut 8 signs $9.8 billion AI data centre lease, fully commercialises Texas campusHut 8 signed a second 15-year lease worth $9.8 billion. This agreement fully commercialises their 1-gigawatt Beacon Point campus in Texas. ...
- Clients seek up to 40% discount on IT contractsThis trend is likely to persist for the next two-three years, according to industry watchers. It was also reflected in the flattish sequent...
- AI to fuel India's tech services growth; public cloud spending to reach USD 17.5 bn in 2026: ReportIndia's technology services sector is expected to see strong AI-led growth, with end-user spending on public cloud services projected to su...
- Startups bet on AI and a leaner futureWhen Eric Lauer needs to hire at Giftory, the online gift-giving platform he runs, he's no longer looking for eager young coders fresh out ...
- AI trade moves from chips to electricity: Why 7 power stocks are gaining Wall Street attention with gains up to 86%Wall Street’s AI trade is expanding beyond chipmakers to power producers, grid builders and equipment suppliers as surging data-centre elec...
- Snowflake unveils $448 million pay plan for CEO tied to ambitious stock targetsRamaswamy's award, totaling 1 million shares, is structured into five tranches, each with escalating stock price milestones, and is desig...
- Wipro Q1 Results: Profit flat YoY at Rs 3,352 crore; co declares Rs 2/share dividendWipro Q1 Results: Wipro reported a modest 1% year-on-year rise in June-quarter net profit to Rs 3,352 crore, while revenue grew 11%. The IT...
- Elon Musk's xAI sues Grok user over sexualised 'deepfakes'xAI alleged in the lawsuit, filed in federal court in Texas on Tuesday, that Terry Harwood violated the company's terms of service. The c...
- Music industry launches AI-generated content labelsSeveral major music industry organizations on Friday unveiled a labeling system for content created with generative artificial intelligence...
- Apple Intelligence AI service registered with China's cyberspace regulatorApple's new AI service, Apple Intelligence, has officially been registered with China's cyberspace regulator. This move is crucial for the ...
- Generative AI's power sparks fears of dumbing humans downOne American-British study of 1,222 people, still under peer review, found that using AI tools to solve arithmetic or reading comprehension...
- The great GCC reshuffle: Same people, new rolesMost lateral moves are not crossing industry lines at all. Talent is staying close to familiar sectors and moving mainly for better roles a...
- German media regulator says Google's AI Overviews subject to German media lawThe Commission for Licensing and Supervision, ZAK, which represents Germany's 14 state media authorities, said AI-generated news summaries...
- Karnataka CM Shivakumar announces India's first govt-driven AI UniversityKarnataka will establish India's first government-driven Artificial Intelligence University. An AI Hub will also be set up as an incubation...
- HCL Tech’s Rs 3,500 crore AI data centre foray: A new growth engine or capital-intensive diversion?HCL Technologies is investing up to Rs 3,500 crore in AI data centres to build a full-stack AI ecosystem spanning infrastructure, compute a...
- Music industry launches AI-generated content labelsMusic organisations have introduced a voluntary labeling system for AI-generated content. This system aims to inform listeners about the us...
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