Tag
Artificial Intelligence
14 articles
Investment in AI infrastructure and enterprise applications is accelerating, demonstrating the technology’s expanding footprint. Anthropic’s substantial $10 billion compute deal with Volta Infra, alongside Bitdeer’s related colocation agreement, highlights the surging demand for specialized AI hardware and data center capacity, particularly in Europe. Simultaneously, Darwinbox’s launch of Cortex, an AI-native HCM platform, exemplifies the integration of AI into core business functions, moving beyond superficial applications. These developments suggest that AI’s impact will extend beyond research and development, reshaping operational processes and driving demand for both computational resources and intelligent software solutions, though careful consideration of infrastructure scalability and responsible AI implementation will be vital.
Baidu Q2 Shares Drop 13% on Weak Ads
Baidu's shares fell 13% to HK$87.95, a near one‑year low, after Q2 results missed market expectations.
Q2 non‑GAAP net income was CNY2.6 bn, 16% below the CNY3.1 bn consensus, and revenue reached CNY3
Mobavenue AI Q1 FY27 Revenue Up 56.9% YoY
Mobavenue AI reported Q1 FY27 revenue of ₹728 million, up 56.9% YoY, with PAT surging 95% to ₹117 million.
The company launched its proprietary Mobavenue Neural Engine, a unified AI intelligence layer
Subex Limited Telecom AI Turnaround with 21.2% EBITDA
Subex Limited presents its AI-driven turnaround strategy focusing on telecom fraud and business assurance products.
Company reports FY27 YTD EBITDA of ₹79.45 crore at 21.2% margin and PAT margin of 17
Infosys and Knorr-Bremse AI Transformation Partnership
Infosys announces long-term collaboration with Knorr-Bremse AG to deliver end-to-end managed services for their Tech4Value IT transformation program.
The partnership will modernize Knorr-Bremse's enti
India's ₹1.27L Crore Semicon 2.0 and AI Mission Progress
India approved Semicon 2.0 with ₹1,27,500 crore outlay to scale semiconductor ecosystem across six strategic pillars including fabrication and design.
Twelve semiconductor projects approved with ₹1.64
India's ₹1.38 Lakh Crore Semiconductor and AI Push
India approved Semicon 2.0 with ₹1,27,500 crore outlay to expand semiconductor ecosystem across six strategic pillars including fabrication and design.
Twelve semiconductor projects approved with ₹1.6
Saksoft Q1 FY27 Revenue Flat at INR249 Crores
Saksoft held its Q1 FY27 earnings call, reporting flat revenue of INR249 crores and stable EBITDA margins of 18.26%.
Management cited a cautious demand environment but maintained FY27 revenue guidance
Sonata Software Appoints Hariprasad Rebala as Chief AI Officer
Sonata Software appointed Hariprasad Rebala as Chief AI Officer to lead AI strategy and transformation.
Rebala brings three decades of experience from Mindtree, Capgemini, Wipro, and AI startup roles.
Indegene FY26 Revenue Up 23.6% to ₹35.1B
Held 28th Annual General Meeting via video conference, presenting FY2025-26 financial results and strategic updates.
Reported revenue growth of 23.6% to ₹35,105 million with PAT of ₹4,011 million and
PM Modi to Inaugurate IIT Delhi AI Supercomputing Facility
PM Modi to address IIT Delhi's 57th convocation ceremony on August 8, 2026 as chief guest.
Will present prestigious gold medals including President's Gold Medal to 587 PhD scholars among 3000 graduate
Xelpmoc Q1 FY27 Investor Presentation Portfolio Update
Xelpmoc reported Q1 FY27 revenue of ₹9.6 million, up 22.5% YoY, with a PAT loss of ₹22.0 million.
Portfolio fair value surged to ₹726.8 million, driven by a ₹194.9 million quarterly gain in Mihup's va
MSDE Details AI and Emerging Tech Skilling Initiatives
MSDE outlines Skill India Mission programs like PMKVY and NAPS to bridge skill gaps in AI, robotics, and automation through 36 industry-led Sector Skill Councils.
NCVET has approved 10,209 industry-al
India Allocates ₹1 Lakh Crore for R&D Innovation Fund
Government outlines six major R&D schemes with total budget exceeding ₹1 lakh crore for AI, quantum, semiconductors, and biotechnology.
Gross R&D expenditure increased to 0.84% of GDP in 2023-24, reac
HCLTech Report Reveals 18% AI Revenue Impact Gap
HCLTech released a global AI research report revealing only 18% of enterprises achieve significant revenue impact from AI despite 90% adoption.
The study identifies a sharp divide between AI Leaders,