Tag: Tech Industry
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,...
Microsoft Plans More Layoffs, Focuses on Engineers
Microsoft is reportedly preparing for another round of layoffs by May, with the primary focus on reducing middle management and non-technical roles. The aim...
Tata Electronics, PSMC, Himax to Build Display Unit
Tata Electronics has signed a tripartite Memorandum of Understanding (MoU) with Taiwan’s Powerchip Semiconductor Manufacturing Corporation (PSMC) and Himax Technologies, Inc. to establish a...
Infosys Delays Trainee Assessments Amid Layoff Controversy
Infosys has postponed internal assessments for trainees by a week, citing the need to provide them with additional preparation time. The decision follows the...
Microsoft Enforces Performance-Based Layoffs
Microsoft has begun performance-based layoffs that result in immediate termination and no severance pay, a move aimed at strengthening its competitive edge. The action,...
