Tag: #AI
Infosys Launches AI and Cybersecurity Centre in Hubballi
Infosys has launched a new Centre for Advanced AI, Cybersecurity, and Space Technology in Hubballi, Karnataka, marking a strategic step in the company's decentralised expansion across tier-2 cities. The facility is part of Infosys Living Labs and aims to serve as both a client delivery unit and a hub for applied research and academic collaboration. Expanding innovation capacity beyond metros
The Hubballi centre reinforces Infosys’ strategy...
Meta Secures $29B for AI Data Centre Push
Meta has selected investment firms PIMCO and Blue Owl Capital to spearhead a $29 billion funding deal aimed at expanding its AI-focused data centre footprint in the United States. The financing will support major infrastructure projects in rural Louisiana and forms part of the company’s larger AI co-development strategy. $26B debt from PIMCO, $3B equity from Blue Owl
According to a source familiar with the matter,...
Institutional Investors Urged to Embrace AI: McKinsey
Institutional investors stand to unlock returns of up to 10 times their investment by adopting technology and artificial intelligence (AI) more strategically, according to...
Ericsson, Volvo, Airtel Partner on 5G XR Research
In a major push towards Industry 4.0 and 5.0 adoption in India, Ericsson, Volvo Group, and Airtel have announced a research collaboration to explore...
India Plans AI Oversight Board for Governance
The Indian government is taking a structured approach to artificial intelligence (AI) governance by proposing an AI oversight board and mandating AI training for...
NxtGen Expands AI Team with 400 New Hires
NxtGen Cloud Technologies, a leading data centre and cloud services provider, has announced plans to hire 400 AI engineers in the coming months to...
ServiceNow Nears $3B Moveworks Deal
ServiceNow is reportedly in the final stages of acquiring AI assistant provider Moveworks in a deal that could be worth nearly $3 billion, making...
Quantum Leap: Amazon Introduces Ocelot Chip
Amazon has introduced Ocelot, its first in-house quantum computing chip, marking a significant step in the company’s efforts to develop highly efficient quantum hardware....
Infosys Unveils Open-Source Responsible AI Toolkit
Infosys has introduced an open-source Responsible AI toolkit aimed at addressing AI-related risks and ethical concerns. This initiative is part of the Infosys Topaz...
Nvidia’s AI Chip Demand Faces DeepSeek Challenge
Nvidia’s artificial intelligence chip business is under scrutiny as the company prepares to report its quarterly earnings on Wednesday, with investors weighing the long-term...
Maharashtra Plans AI Policy, Innovation City, and GCC Hubs for Growth
The Maharashtra government is formulating a dedicated artificial intelligence (AI) policy and developing global capability center (GCC) parks to accelerate technological innovation in the...
Chegg Sues Google Over AI Overviews, Cites Content Undermining
US-based educational technology firm Chegg has filed a lawsuit against Google, accusing the tech giant of eroding demand for original content and undermining publishers'...
Apple Pledges to Invest $500 Billion for AI Expansion
Apple has announced plans to invest $500 billion in the United States over the next four years, reinforcing its commitment to domestic manufacturing, AI...
DBS to Cut 4,000 Temporary Jobs as AI Reshapes Workforce
DBS Group Holdings Ltd. plans to reduce its temporary and contract workforce by 4,000 over the next three years as artificial intelligence (AI) automates...
