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The third largest service provider outperformed its peers, Tata Consultancy Services and Wipro on the count of revenue and profit in its fourth quarter results for FY26 but missed street estimates and slashed its revenue guidance for FY27, triggering a selloff of its shares that fell over 10% on Wed
Microsoft is injecting $17.9 billion into Australia by 2029, significantly boosting AI and cloud computing. This major investment aims to expand supercomputing, enhance cybersecurity, and foster AI skills, positioning Australia as a key player in the global AI build-out and securing Microsoft's clou
Microsoft is integrating advanced AI, including Anthropic's Claude Mythos Preview, into its secure coding. Microsoft said it evaluated Mythos, using its own open-source benchmark for real-world detection engineering tasks, and the "results showed substantial improvements relative to prior models."
Nvidia's CEO believes perfect 3D digital twins are crucial for AI to activate products, from cars to perfumes. Adobe unveiled new AI systems to manage customer lifecycles and brand intelligence, emphasizing personalized, on-brand content at scale. This marks a significant shift in how businesses ope
Justin Sun is suing World Liberty Financial, a crypto venture co-founded by Donald Trump and his sons. Sun alleges the company illegally froze his token holdings, worth approximately $320 million. He claims World Liberty secretly installed tools to prevent him from selling his tokens. The company de
Daniel Shapero has been appointed the new CEO of LinkedIn, succeeding Ryan Roslansky. Shapero, an early employee who joined in 2008, previously served as LinkedIn's Chief Operating Officer. Roslansky will continue at Microsoft, taking on expanded responsibilities in the Office productivity group.
Google plans a massive $185 billion investment in artificial intelligence infrastructure this year. CEO Sundar Pichai highlighted AI's growing role in software development and security. New platforms like Gemini Enterprise Agent and advanced chips like TPU 8t and TPU 8i are being introduced. This si
Modern artificial intelligence chips, such as those made by Nvidia, are not single chips but several chips glued together with advanced packaging technologies, a step that has become a supply bottleneck for Nvidia and others. In a January earnings call, TSMC said it was applying for permits to be
Fintech startup M2P Fintech has appointed Vivek Seshadri as its group chief financial officer to drive capital discipline and strengthen internal systems as the company prepares for a potential public listing in India. Seshadri brings over 15 years of experience from leadership roles in investment b
The government can offer incentives and concessions to investors only within the framework of sectoral investment policies, and any demands or proposals over and above them will go to the cabinet sub-committee.
Nvidia's advanced H200 AI chips are not reaching Chinese companies. Commerce Department Secretary Howard Lutnick stated that the Chinese central government has not permitted these sales. This is to focus investment on their domestic industry. Shipments faced disagreements over sales terms. The Unite
New European Union merger rules are coming. Startups with innovative deals will get faster approval. This change aims to help companies grow and compete. However, big technology firms will not benefit from this speedy process. The overhaul is the first in over twenty years. It responds to calls from
The United States Department of Agriculture has partnered with Palantir Technologies. A $300 million agreement has been signed. This deal will modernize services for American farmers. It will also support the National Farm Security Action Plan. Palantir will provide operational software. This aims t
India's mobile app revenue surged 33% to $300 million in Q1, with non-gaming apps driving growth. Generative AI and short-drama platforms fueled a 44% rise in non-gaming revenue, contributing over $200 million. Downloads also saw significant increases, particularly in AI and short-drama categories.
Discount brokerage Zerodha has shut down its media initiative, Zero1 Network, due to regulatory uncertainty surrounding financial influencers. The company will now manage its content channels in-house to maintain full control. This move follows recent actions by Sebi to curb unlicensed finfluencers
At the three-day conference in Las Vegas that starts Wednesday, Pichai and key Google executives will seek to position the company's AI tools as production-ready infrastructure for enterprise customers who are emerging as the industry's most reliable revenue stream.
New regulations from MeitY will exempt online games without real money stakes from mandatory registration. Real-money games will undergo stricter evaluation, with banks and payment firms enforcing bans. Competitive e-sports receives a separate classification, and user safety features are mandated.