artificial intelligence

South Korea Exports Surge 30% in February on AI-Driven Semiconductor Boom February Exports Hit Record High Despite Fewer Working Days Seoul, March 1: South Korea’s exports surged nearly 30 percent year on year in February, reaching the highest level ever recorded for the month, as strong global...

Samsung Electronics to Transform Global Factories into AI-Driven Smart Manufacturing Hubs by 2030 Samsung Accelerates AI-Powered Manufacturing Innovation Seoul, March 1: Samsung Electronics announced on Sunday that it will convert its domestic and overseas production facilities into AI-driven...

OpenAI Secures U.S. Defense Department Deal to Deploy AI Models on Classified Network OpenAI has reached an agreement with the U.S. Department of Defense to deploy its artificial intelligence models across the agency’s classified network, marking a significant development in the integration of...

Anthropic to Challenge Pentagon Over ‘Supply Chain Risk’ Label on AI Technology Anthropic has announced it will challenge the United States Department of Defense in court after being designated a “supply chain risk,” a move that could sharply restrict its business with the US government and...

Thermax to Make Exactspace a Subsidiary Energy and environmental solutions provider Thermax Ltd on Friday announced that it has entered into a share subscription and share purchase agreement, along with a Shareholders' Agreement, with Exactspace Technologies Private Ltd, its promoters, and...

CoreWeave Shares Slide 13% After Wider Loss, Heavy Capex Plan Raises Investor Concerns CoreWeave Stock Drops Despite Revenue Beat Shares of CoreWeave Inc. fell as much as 13% in extended trading after the AI data center operator reported a wider-than-expected quarterly loss and unveiled a...

US Stock Market Today: Nvidia Slides 5.5%, S&P 500 and Nasdaq End Lower Despite Broad Gains US equity markets closed mixed on Thursday, February 26, as a sharp decline in chip heavyweight Nvidia Corp. weighed heavily on benchmark indices, overshadowing an otherwise resilient session marked by...

HDFC Bank Reworks Vendor Strategy Amid AI Push HDFC Bank is changing how it works with technology vendors as it accelerates the development of artificial intelligence capabilities internally, a move that could reshape the engagement models of Indian IT services firms.Ramesh Lakshminarayanan...

India could retain an estimated $113 billion in foreign currency by 2040 if it strengthens the domestic presence of foreign universities, according to a joint report released by Deloitte India and Knight Frank India on Thursday.The report states that enabling Foreign Higher Education...

Dipan Mehta Recommends Pharma and Specialty Chemicals; Advises Selective IT Exposure Amid AI Debate Dipan Mehta, Director at Elixir Equities, has advised investors to focus on sectors with clearer earnings visibility such as pharmaceuticals and specialty chemicals, while maintaining a selective...

India Concludes 9 FTAs Covering 38 Nations, Expands Preferential Access to Global Trade: Piyush Goyal FTAs Provide Indian Businesses Access to Nearly Two Thirds of Global Trade India has concluded nine Free Trade Agreements covering 38 nations, providing Indian businesses preferential access to...

Foreign Portfolio Investors Boost Indian Equities as February Inflows Top Domestic Buying Foreign inflows into Indian equities are gathering momentum, with overseas investors outpacing domestic institutions in February for the first time in 17 months. The renewed interest comes amid signs of...

Indian tech startups raised $9.1 billion in 2025, marking a 23 per cent year-on-year increase, even as investors adopted a more selective and milestone-linked funding approach, according to a joint report by Nasscom and Zinnov.The findings highlight a clear transition in India’s startup...

Shahzad Madon, Managing Director and CEO of TCG Asset Management, has reaffirmed his firm’s investment stance on IDFC First Bank, stating that recent developments surrounding the private lender have not altered its overall assessment.No Change in View on IDFC First Bank Addressing concerns...

Chennai, February 19: Artificial Intelligence driven platforms have moved beyond being optional enhancements to becoming core infrastructure for telecom operators, helping them counter complex fraud risks and unlock new digital revenue streams, according to Subex Ltd.The Bengaluru based...

TCS Embraces AI, Encourages Revenue Cannibalization to Drive Innovation: CEO K Krithivasan Mumbai, February 25India’s largest IT services company, Tata Consultancy Services (TCS), has made it clear that it is not intimidated by artificial intelligence. Instead, the company is actively...

Artificial Intelligence has rapidly shifted from being a futuristic concept to an immediate operational priority for Corporate Real Estate teams in India, according to a new report released on Wednesday.Data compiled by JLL shows that 91 percent of companies are currently piloting AI across...

AI Unicorn Boom: India Emerges as Key Hub as Startup Creation Accelerates A new report highlights a dramatic acceleration in the creation of unicorns, defined as startups valued at $1 billion and above, as artificial intelligence reshapes the global innovation landscape. The findings show that...

Bullion Holds Steady After Previous Session Decline Gold and silver prices stabilized in early trade on Wednesday, February 25, following a sharp decline in the previous session, as strength in the US dollar limited further upside and reduced demand for safe-haven assets.Spot gold was trading...

UBS Says Indian IT Sell-Off Is Misread, AI Seen as Opportunity Not Threat Indian IT stocks may be facing misplaced fears around artificial intelligence, according to UBS, which believes the recent correction in the sector is being misinterpreted by the market.Hartmut Issel, Head of APAC...