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As Microsoft offers buyouts to 60,000 employees, a tech leader explains the hidden risks of such a large-scale offerMicrosoft's voluntary buyout offer to around 60,000 employees has led a technology advisor to flag two risks companies may overlook when ex...
AI startup Simplismart raises $14 million from Dallas Venture Capital, Nvidia as demand for inference growsAs enterprise adoption of AI models scales, companies are seeking more cost-efficient ways to operate AI tools. Simplismart, founded by for...
US wealthtech firm AssetMark opens GCC in HyderabadThe centre will support the company’s global technology and business operations, including engineering, operations and product management. ...
Anthropic IPO: Firm uses ‘catastrophic’ word 10 times in document to highlight ‘humanitarian’ AI risksAnthropic’s IPO filing highlights an unusual risk for investors, warning that its AI technology could pose “catastrophic or existential ris...
Blackstone opens second India office in BengaluruBlackstone has established its second office in India, specifically a global capability centre in Bengaluru. This centre aims to improve th...
What is the difference between buyout and layoff? Microsoft offers buyout to 60,000 employees; check what it means for workersMicrosoft buyout offer to 60,000 workers: Microsoft has introduced a Voluntary Exit Offer (VEO) for eligible employees in India, the US, Ca...
Why AI stocks rallied after Anthropic’s IPO filingAI stocks rallied after Anthropic disclosed IPO paperwork, with Nvidia gaining nearly 3% and the Philadelphia Semiconductor Index climbing ...
Is the AI boom real or a bubble? Nikhil Kamath asks Silicon Valley foundersThe artificial intelligence industry has attracted significant investments, reaching unprecedented valuation levels amid concerns. Discussi...
Wiscon Industries SME IPO opens today; check price band and other key detailsWiscon Industries’ Rs 110-crore IPO opened on October 27 and will close on October 29. The BSE SME issue, priced at Rs 194–204 per share, i...
Microsoft announces voluntary exit offer for 60,000 employees in India, 3 other countriesMicrosoft has announced a voluntary exit programme for eligible employees in multiple countries, including India. The offer is available to...
Oracle may extend US staff separation scheme to IndiaOracle’s India workforce has been shrinking over the past six months, with engineering departures running at roughly five times the pace of...
AI stocks rise as Anthropic nears Wall Street debut amid investor cautionA successful flotation by a pure-play AI giant such as Anthropic could reshape how markets value parts of the booming industry, including c...
Kerten Hospitality aims to operate 5000-7000 keys in India over the next five years: CEOIntroducing its first hotel in Shimla, Kerten Hospitality, an innovative Irish lifestyle brand, has officially launched in India. The compa...
The hidden cybersecurity risks behind the connected factoryConnected machinery and digital production systems have made manufacturing more efficient, but they have also exposed factories to new cybe...
L&T Technology Services signs five-year deal with Nokia for R&D support in IndiaL&T Technology Services (LTTS) on Monday announced a five-year contract with Nokia to support its engineering and research and development ...
L'Oreal bets on quick commerce, local products to accelerate India growthL'Oreal is seeing substantial growth in its Indian market, supported by enhanced team capabilities and localization strategies. The company...
AI is rewriting the rules of investment for India's big-ticket playersPrivate equity investors in India are integrating artificial intelligence into their investment analysis and strategies. AI is being utiliz...
Global Market: China's Lingjun Investment attracts $300 million from overseas investorsChina’s Lingjun Investment has raised at least $300 million from US and Southeast Asian investors as it resumes overseas fundraising. Stron...
Veolia opens India disaster hub as climate risks mount, commits over €1 million globally to emergency responseVeolia has opened a New Delhi hub to deploy mobile water-treatment units and trained personnel for disaster response across South and South...
The Pant Project raises Rs 109 crore to expand store networkThe startup plans to use the funding to scale its offline footprint, add more categories and expand its team, cofounder and CEO Dhruv Toshn...