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2387 articles found
· 22 days ago· ET Tech
OpenAI, Microsoft expand cybersecurity partnership amid rising AI threats
OpenAI and Microsoft are joining forces to combat cyber threats. They will deploy advanced artificial intelligence tools to enhance security. OpenAI's powerful AI models will be accessible to Microsoft. Microsoft will use its cybersecurity expertise to protect OpenAI's systems and customers. This co
· 22 days ago· ET Tech
Brazil regulator approves deeper probe into Google's news content use
CADE's members backed a proposal from its interim chief Diogo Thomson de Andrade to return the case to its general superintendence for formal administrative proceedings, citing the evolution of Google's conduct since the 2019 inquiry began.
· 22 days ago· ET Tech
Huawei commits $10 billion to boosting computing power for smart driving
Huawei will ramp up investment in smart-driving research and development, including more than $10 billion over the next five years to boost computing power for training, a senior executive said on Thursday.
· 22 days ago· ET Tech
Lyft to buy Gett’s UK taxi business, marking its third international acquisition
Lyft is expanding its global reach by acquiring the UK business of London black cab app Gett. This move significantly boosts Lyft's driver base in the UK market, following recent acquisitions like Freenow and TBR Global Chauffeuring. The transaction is expected to close soon, with Gett's UK team joi
· 22 days ago· ET Tech
Meta tells staff it will cut 10% of jobs in push for efficiency
Meta Platforms is set to lay off approximately 8,000 employees, about 10% of its workforce, on May 20. This significant workforce reduction aims to boost efficiency and offset substantial investments in artificial intelligence development. The company is also freezing 6,000 open positions. Affected
· 22 days ago· YourStory
Amazon India to invest Rs 2,800 Cr to boost worker safety, expand logistics network
The planned investment comes as part of the company’s broader commitment to invest over $35 billion in India by 2030, with a focus on AI-led digitisation, export growth, and job creation.
· 22 days ago· ET Tech
Bescom launches portal for swift grievance redressal of industrial, enterprise consumers
The Karnataka government has launched Bescom's 'HT Mitra' portal. This new online platform offers faster grievance redressal for industries and commercial establishments with high tension electricity connections. Developed by Bescom engineers, it allows customers to register complaints and track the
· 22 days ago· ET Tech
White House accuses China of 'industrial scale' theft of AI technology: Report
The White House has accused China of stealing intellectual property from American artificial intelligence labs. This industrial-scale theft exploits US innovation. The White House plans to crack down on this practice. The Financial Times reported this development. This warning signals a significant
· 22 days ago· ET Tech
Reliance Enterprise Intelligence appoints Parminder Singh as CEO
Reliance Enterprise Intelligence Limited has appointed Parminder Singh as its Chief Executive Officer. The joint venture between Reliance Intelligence and Facebook aims to boost enterprise AI adoption in India. Singh brings extensive experience from tech giants like Google and Apple. He will lead th
· 22 days ago· ET Tech
FM Nirmala Sitharaman meets heads of banks on AI risks following concerns over Anthropic's Mythos
Finance Minister Nirmala Sitharaman met with bank leaders to address Artificial Intelligence risks. Concerns arose from Anthropic's Mythos AI model and its potential impact on financial system data security. Banks are urged to implement preemptive measures to safeguard systems and customer data. Off
· 22 days ago· ET Tech
Microsoft plans first voluntary employee buyout: Report
Microsoft is planning its first voluntary employee buyout in the Windows maker's 51-year history. Microsoft is also adjusting the way it doles out stock to employees for annual rewards, the report said. It will no longer make managers tie stock directly to cash bonuses.
· 22 days ago· ET Tech
In two Amazon units, 'builder' replaces traditional job titles
Amazon is changing job titles at its Ring and Blink units. Employees will now be called "builders" and their bosses "builder leaders." This move aims to create a more adaptable organization focused on customer value. While Amazon states compensation and growth paths remain unchanged, some employees
· 22 days ago· ET Tech
Bluestone Q4 revenues up 48%, swings to full-year profit
For the full year ending on March 31, 2026, its revenue from operations rose 38% to Rs 2,436 crore, from Rs 1,770 crore in FY25. On an annual basis, it posted a net profit of Rs 13 crore compared to Rs 222 crore net loss in the year prior. Bluestone posted its first-ever quarterly profit of Rs 68.8