Economic Times
Huawei posted sales of $58.72 billion in January-June, an on-year increase of 34.3 percent. That compares with 3.1 percent growth in the same period l
Consumers have been wrestling with high prices and elevated interest rates. The US government reported earlier this month that hiring was much weaker
Russia-born Pavel Durov is accused of "complicity" in running an online platform that allowed illicit transactions, child sex abuse images, and other
Increased investments by big tech companies in generative AI applications are driving cloud customers to develop new data centers. This trend fuels th
Dell Technologies servers are engineered to handle AI systems' intense computational demands, including training large language models. "Enterprise re
Accenture has appointed Arundhati Chakraborty as the new group chief executive of Accenture operations, effective September 1. She succeeds Yusuf Tayo
Darwinbox, a SaaS unicorn focused on HR services, has promoted its CTO, Vineet Singh, to cofounder. Singh aims to enhance their technological innovati
Chatbot startup Character.AI has laid off at least 5% of its workforce, mainly in marketing and recruiting, to align with a new focus on personalized
Morgan Stanley and Goldman Sachs Group Inc., Intel’s longtime bankers, have been providing advice on the possibilities, which could also include pot
Khosrowshahi said about 20% of South Korean taxi drivers were on the Uber Taxi platform, and that the number of passengers grew nearly 80% year-on-yea
Google announced it will open its second data center in Latin America in Uruguay's Canelones, investing over $850 million. This follows the first data
The Bengaluru-headquartered firm, which offers staffing, workforce management and technology outsourcing services, ended the June quarter with an empl
OpenAI's chatbot ChatGPT has doubled its user base to over 200 million weekly users. The AI startup has seen a surge in the use of its products among
Social media platform X, owned by Elon Musk, faces impending shutdown in Brazil after failing to comply with a Supreme Court order. The court also blo
Elon Musk and Tesla have won the dismissal of a federal lawsuit alleging they defrauded investors by promoting dogecoin and engaging in insider tradin
Besides the community platform Hugging Face, Llama was also being accessed through Meta’s cloud partners such as Amazon Web Services (AWS), Microsof
Happy Friday! Zepto has announced another $340 million fundraise, valuing it at $5 billion. More details on this and other updates in today’s ETtech
HGS CEO Partha DeSarkar cited examples of areas with lower productivity due to staff shortages, and mentioned that HGS is testing AI solutions with cl
Speaking at the Global Fintech Fest, Manish Gupta, Director of Google DeepMind, Google India, said 73 out of these 125 languages had zero corpus of di
To capitalise on new growth avenues, Shiv Nadar-founded IT services company HCLTech is looking to strategically expand its presence in markets like In
