Michael Burry’s AI crash warning grows louder: Is Nvidia-driven hype and record venture capital funding pushing Wall Street toward another dot-com disaster?Michael Burry’s AI bubble warning is shaking Wall Street after fresh data showed 87% of venture capital funding now flows into artificial i...
19 May, 2026, 08.19 PM IST
Workday to keep expanding Indian workforce, deepen AI investments, executive saysWorkday plans to continue its rapid hiring in India. The company is increasing investments in artificial intelligence and opening new offic...
19 May, 2026, 05.05 PM IST
Meta to lay off 8,000 employees on May 20: What will be the severance package for staff by Mark Zuckerberg's company?Meta layoffs: Meta is set to lay off approximately 8,000 employees, about 10% of its global workforce, on May 20. Meta said the company is ...
12 May, 2026, 11.59 AM IST
US stocks today: Nasdaq, S&P 500 hit fresh highs as US market extends gains after best month in yearsWall Street's major indexes opened higher on Friday, extending their strongest monthly gains in years. Investor confidence in robust earnin...
01 May, 2026, 08.10 PM IST
Meta tells staff it will cut 10% of jobs in push for efficiencyMeta Platforms is set to lay off approximately 8,000 employees, about 10% of its workforce, on May 20. This significant workforce reduction...
23 Apr, 2026, 11.25 PM IST
Software makers' best may not be good enough as AI fears mountSalesforce anticipates its fastest revenue growth in three years, yet investor confidence in software makers remains low due to AI disrupti...
22 Apr, 2026, 03.57 PM IST
Sequoia’s new leaders raise about $7 billion for firm’s biggest betsSequoia Capital, a major venture capital firm, has secured about $7 billion for a new fund, according to a report by Bloomberg. This signif...
17 Apr, 2026, 11.47 AM IST
Software companies fight back against fears that AI will kill themThose worries led to a nearly $1 trillion rout in software stocks last month after heavyweight AI startup Anthropic introduced AI plugins...
12 Mar, 2026, 05.18 PM IST
KPMG launches multi-agent AI platform, WorkbenchKPMG International launched KPMG Workbench, its AI platform. This launch is backed by a multibillion-dollar investment. The platform featur...
18 Jun, 2025, 04.49 PM IST
Microsoft layoffs hit coders hardest with AI costs on the riseMicrosoft's recent layoffs disproportionately affected software engineers, signalling AI's growing impact on even technical roles. As the c...
15 May, 2025, 04.19 PM IST
IBM CEO makes play for AI market and more US investmentIBM also announced in April that over the next five years, it would invest $150 billion in the United States, where it has manufactured mai...
06 May, 2025, 03.03 PM IST
Workday to establish GCC in Chennai with Rs 220 crore investmentTamil Nadu industries minister TRB Rajaa said on Monday that an MoU has been signed between the Fortune 500 company and Guidance, the state...
28 Apr, 2025, 09.28 PM IST
DeepSeek facing tough competition? Big Tech plans $325-billion AI investment in 2025Alphabet CFO Anat Ashkenazi says AI demand outpaces supply, driving massive investments in data centres and advanced GPUs to power next-gen...
08 Feb, 2025, 12.12 AM IST
Workday lays off 1,750 employees in a ‘difficult but necessary’ decisionWorkday has announced plans to cut 1,750 jobs, impacting around 8.5% of its workforce. The company stated that the move is aimed at priorit...
07 Feb, 2025, 09.04 PM IST
Indian knowledge workers advanced users of AI, outpacing global counterparts: SurveyA new survey reveals that nearly half of Indian knowledge workers are advanced AI users, outpacing global counterparts. These workers are e...
20 Nov, 2024, 12.50 PM IST
JPMorgan says every new hire will get training for AIIncoming asset-and wealth-management staff to get instruction; AI has saved the division time, helped grow revenue, says Erdoes
21 May, 2024, 04.28 PM IST
Biased bots? US lawmakers take on 'Wild West' of AI recruitmentDerek Mobley, a Black man with a finance degree, has filed a class action lawsuit against human resources platform Workday Inc, alleging th...
20 Oct, 2023, 07.23 PM IST