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TECHNOLOGY SPEND
Mongolian proverb of the Day: "Wise men talk about ideas, intellectuals about facts, and the ordinary man..." Powerful life lessons on maturity and wisdomMongolian proverb of the Day: The Mongolian proverb highlights three conversation levels: ideas, facts, and daily routines. It motivates pe...- British defence minister John Healey quits over defence spendingBritish Defence Minister John Healey resigned, citing Prime Minister Keir Starmer's failure to commit necessary resources for national defe...
- Weis Markets rolls out Instacart's AI-powered caper carts to reinvent in-store shoppingWeis Markets has partnered with Instacart to launch AI-powered Caper Carts, bringing smart shopping cart technology to select grocery store...
- Rivvun AI raises $7.55 million led by Sitara Capital, 3one4 CapitalRivvun AI, a Seattle and Pune-based startup, has secured $7.55 million in funding led by Sitara Capital and 3one4 Capital. The company leve...
- Stock-pay boom amplifies US economic drumbeat: Mike DolanRising stock prices are increasingly impacting U.S. worker compensation, particularly in the technology sector, where stock-based compensat...
- AI not a threat, but opportunity for IT services: TCS chairman N ChandrasekaranAddressing the concerns that AI could reduce demand for traditional IT services, Chandrasekaran said the market has misunderstood the relat...
- Will India's AI multibaggers face a reality check as global bubble fears test valuations?India's AI stocks are facing scrutiny as global concerns about a tech bubble grow. Companies linked to data centers and high-performance co...
- China prepares $295 billion plan to fund nationwide AI buildout: ReportNational Development and Reform Commission is among key government agencies drafting a blueprint to build a network of inter-connected co...
- Applied Digital signs $5.2 billion AI data center lease with US hyperscalerMajor technology companies are raising their spending on data centers to support powerful artificial intelligence models, boosting demand...
- As Apple's WWDC conference kicks off, investors want to know if AI will save SiriApple prepares to reveal its AI advancements. A revamped Siri and new developer tools are expected. This move aims to bridge the gap with c...
- Ray Dalio sees AI bubble bursting as wealth is converted into moneyBillionaire investor Ray Dalio said the artificial intelligence market is displaying characteristics of a bubble, despite its transformativ...
- Wipro shares plunge over 8%. What’s behind the selloff?Wipro shares dropped significantly on Monday. This decline follows the company's share buyback record date. Investors who bought shares for...
- TCS signs multi-million euro AI deal with Canada LifeUnder the partnership, TCS will use its artificial intelligence and digital capabilities to manage and modernise Canada Life's data centres...
- Avoid broad market bets now; focus on these 3 sectors instead: Shibani Sircar KurianIndian stock markets face ongoing volatility from West Asian geopolitical events. Despite this, earnings prospects remain strong. Investors...
- Hidden AI Winners: Little-known D-Street stocks soar up to 530%Indian industrial companies are experiencing significant growth by supplying components for data centers. These firms are crucial for build...
- Firms on AI spending spree: US tech companies cut most jobs in nearly 2 yearsThe tech sector said last month it planned to eliminate 38,242 positions, the most since August 2024, according to data from outplacement f...
- 5,100 employees won't get salary hikes as Tech CEO says company is spending on AI insteadTeradata salary hike 2026: Cloud software company Teradata has decided to freeze annual salary increases for its 5,100 employees in 2026 as...
- TCS, Infosys, other IT stocks crash up to 7% after 3-day rally. What top brokerages are saying?IT stocks, including TCS, Infosys, HCL Tech, Wipro and Tech Mahindra, fell sharply on Wednesday, following a three-day rally. Despite AI-re...
- Nifty IT logs best run in a year at 4%; TCS, Infosys lead wayIndian IT stocks surged for a third consecutive day. The Nifty IT index saw its largest single-day gain in a year. This rally is supported ...
- Profit boost: AI server demand sends Dell stock into overdriveDell Technologies delivered a strong quarter, driven by rising demand for AI servers powered by Nvidia chips. The company raised its full-y...
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