Alphabet, Amazon, Intel shares slide as AI spending bites
Alphabet had its worst day ever after a second straight quarter of negative cash flow, while Intel fell 23% after hours on a weak PC outlook.
2 min readArtificial Intelligence
Microsoft offers voluntary exit to 60,000 staff, some in India
About a quarter of the company's workforce in the US, Canada, India and Britain is eligible, as Big Tech cuts costs while spending heavily on AI.
2 min read
IT stocks slip up to 3% as Anthropic files for IPO
TCS, Infosys and Wipro fell while AI chip stocks rallied in Seoul and Tokyo; the Claude maker's filing shows fast revenue growth and heavy losses.
2 min read
Big Tech results and a Fed decision put Wall Street to the test
Alphabet, Microsoft and Amazon report this week as investors question whether huge AI spending will pay off, while the Fed meets a week before the US midterms.
2 min read
MP acts against 392 civic officials after AI checks flag purchase irregularities
Seven have been dismissed and about ₹3–4 crore in excess payments recovered, a senior housing department official said.
2 min read
NCERT's new 20-hour AI module will teach Class 9–12 students to spot deepfakes
Built with IIT Madras and IIT Jodhpur, the activity-based course covers how AI learns, its limits, data privacy and checking what AI tells you.
1 min read
Infosys shares jump 3% ahead of Q2 earnings announcement. What to expect?
Brokerages expect revenue to grow 11% and profit 8%, but warn Infosys may cut its full-year growth forecast as clients hold back on spending.
2 min readYou're all caught up