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Italy's competition watchdog has concluded probes into three AI firms. DeepSeek from China, Mistral AI from France, and Scaleup Yazilim Hizmetleri from Turkey faced scrutiny over AI hallucinations. The companies have committed to better informing users about inaccurate content. They will add disclai
Alphabet's cloud business is booming, outperforming rivals like Amazon and Microsoft. Tech giants are spending over $700 billion on AI this year. Google's AI tools are driving its cloud growth. Investors are watching closely as companies invest heavily in AI infrastructure. This spending is expected
TikTok can continue transferring data from the EU to China. This decision comes as the company appeals a regulator's order to stop these transfers. The Irish Supreme Court has allowed the transfers to proceed during the appeal process. The regulator had previously fined TikTok over privacy concerns.
Digital lending platform Kissht has secured Rs 278 crore from anchor investors. This comes ahead of its initial public offering scheduled to begin on April 30. The company aims to raise Rs 926 crore through the public issue. Kissht has shown significant growth in assets under management and revenue.
Meta Platforms reported a headcount of 77,986 as of March 31, 2026, a 1% year-on-year increase, despite ongoing workforce recalibration and cost-cutting measures. CEO Mark Zuckerberg highlighted the company's focus on strengthening infrastructure and rewarding high-impact contributors to foster inno
Technology startup Netomi has secured $110 million in a Series C funding round. Accenture Ventures led the investment. Netomi uses artificial intelligence to improve customer service for major companies. Recent advancements in large language models power their AI solutions. The company plans to inve
IT major Infosys is making a bold commitment to Visakhapatnam with the establishment of a sprawling 20-acre permanent campus. Designed to accommodate 7,000 professionals, this facility not only symbolizes the company's trust in the region's growth but also underscores the influx of skilled talent in
Nvidia's B300 servers have skyrocketed in price to around one million dollars each in China, fueled by an insatiable appetite for AI computing capabilities and increasingly stringent chip import laws. As Chinese tech giants race to secure the latest hardware, the rental market is witnessing unpreced
Mehul Agrawal, cofounder of used car marketplace Cars24, is stepping down from his operational role after over a decade. He will remain on the company's Board. This move follows cofounder Gajendra Jangid's recent exit as CMO, amidst Cars24's growth and preparations for an IPO.
Developer and creator Theo Browne of t3.gg has posted a public letter to Anthropic employees, escalating his criticism of the AI company and its chief executive, Dario Amodei.
Amazon Now's quick commerce orders are experiencing 25% month-on-month growth, with Prime members tripling their shopping frequency. The company plans to expand the service to 100 cities, supported by over 1,000 micro-fulfillment centers, as part of a significant investment in Indian infrastructure.
Despite Australia’s recent legislation prohibiting social media access for those under 16, user habits remain largely unchanged, as indicated by recent government reports. Dominance in app store rankings persists for major platforms, while there is a troubling rise in cyberbullying incidents, partic
French IT firm Capgemini saw its revenue climb seven percent year-on-year in the first quarter. This performance met the company's expectations. Growth was boosted by strong results in North America, partly due to a recent acquisition. The company has confirmed its revenue growth target for the year
Amazon Web Services (AWS) surpassed Wall Street's cloud revenue expectations, driven by increased enterprise spending on AI adoption. Despite strong cloud performance and significant AI partnerships, the company's stock dipped after projecting current-quarter operating income below estimates. Amazon
Alphabet's cloud unit revenue surged 63% to $20 billion, exceeding estimates and driven by strong enterprise spending on AI infrastructure. The company's overall revenue also beat expectations, with its cloud backlog nearly doubling. This performance highlights Alphabet's significant gains in the co
India's IT Ministry proposed stricter rules for AI-generated content, mandating continuous and clear visibility of labels. This move aims to enhance transparency and platform accountability but raises concerns about feasibility, costs for creators, and potential impacts on creative expression and us
Infosys CEO Salil Parekh anticipates AI will reshape India's IT talent pyramid, creating new opportunities and requiring specialized skills. While large-scale structural changes are gradual, the company is adapting hiring and training to integrate AI tools. Parekh emphasizes that AI's true impact li
Net profit was $663 million in the same period a year earlier. However, sequentially, net profit gained by 2.1%. Despite the flat profit growth, revenue for the quarter grew 5.8% YoY to hit $5.4 billion, beating its own forecast for the quarter. On a constant currency basis, revenue for the quarter
Mutual funds increased their stakes in new-age companies during the March quarter, despite falling share prices and overall portfolio value declines. This move by domestic institutional investors comes as foreign investors divest Indian equities, with funds showing confidence in listed peers' long-t
Instant domestic help platforms like Urban Company, Snabbit, and Pronto are experiencing worker shortages. This is causing limited availability for users in Delhi-NCR, Mumbai, and Bengaluru. Demand is surging, but a lack of workers is disrupting services. Platforms are working to add more supply to