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Business

Amazon Unveils AI Supercomputer with Apple as New Customer

Amazon's cloud unit has unveiled new data center servers packed with its own AI chips, challenging Nvidia's dominance in the AI chip market. Apple has come aboard as a customer to ...

Business

Meta Ventures into Nuclear Power: Seeking Developers for AI and Environmental Goals

Meta announced its plan to seek proposals from nuclear power developers to meet its AI and environmental goals, aiming to add 1 to 4 gigawatts of new U.S. nuclear generation capaci...

Business

Apple and Google Join Forces to Defend Search Deal Against Regulatory Scrutiny

Apple Inc. and Alphabet Inc.'s Google have agreed to 'support and defend' their lucrative search engine deal against government scrutiny, according to Apple's Senior Vice President...

Business

Gold Resists Hawkish Powell's Impact Amid Data-Heavy Week

Gold held its ground on Monday as investors digested hawkish comments from Federal Reserve Chair Jerome Powell before a slew of U.S. economic data this week that is expected to she...

Business

Amazon Unveils Cutting-Edge AI Models to Revolutionize Content Creation

Amazon has announced a new suite of AI platforms at its AWS conference, aiming to compete with rivals like Adobe and Meta in the AI-driven content creation market. The new 'Nova' m...

Business

Salesforce's Q3 Revenue Surges on Robust Cloud Demand

Salesforce reports a significant increase in third-quarter revenue, surpassing Wall Street estimates, driven by robust spending on its enterprise cloud portfolio. The company's new...

Business

Rohit Jetly Takes on Expanded Role at Fidelity International

Rohit Jetly, formerly the country head for India at Fidelity International, has been given additional responsibilities, now overseeing technology and operations for the company's g...

Business

Hyundai Motor Group Unveils Collaborative Research Initiative with Leading Indian Institutes

Hyundai Motor Group has partnered with IIT Madras, IIT Delhi, and IIT Bombay to establish a Hyundai Centre of Excellence focused on batteries and electrification technologies. The ...