Cloud
E2E Networks Secures ₹177 Cr GPU Contract from IndiaAI Mission to Support Gnani.ai
Following the announcement, E2E Networks’ shares surged 10% to hit the upper circuit at ₹2,643 on NSE.
Latest
Expansion
Apple Opens New Flagship Store in Bengaluru
Apple Hebbal, like all Apple facilities, operates on 100 percent renewable energy and maintains a carbon-neutral footprint.
Big Tech
Amazon Launches Lens Live for Real-Time Visual Shopping with AI Assistant Rufus
Lens Live runs on AWS-managed Amazon OpenSearch and Amazon SageMaker services to deploy machine learning models at scale.
AI News
WordPress Unveils Experimental AI Tool ‘Telex’ to Simplify Website Building
Telex enables users to generate Gutenberg blocks — the modular components that make up WordPress sites — simply by typing a prompt
Indian IT
TCS Expands €550 mn Strategic Partnership with Tryg to Drive Digital Transformation Across Scandinavia
TCS will take full ownership of application development, infrastructure services, end-user services, and cybersecurity.
AI Developments
OpenAI Announces ‘OpenAI for Science’ to Accelerate Global Scientific Discovery with AI
This group will collaborate with OpenAI researchers to demonstrate how advanced AI models can meaningfully contribute to fundamental science.
Acquisition
OpenAI Acquires Statsig, Appoints Vijaye Raji as CTO of Applications
Raji will lead product engineering for ChatGPT and Codex, overseeing infrastructure, core systems, and product integrity.
Chips
Merck and Tata Electronics Join Forces to Accelerate India's Semiconductor Capabilities
The partnership will also focus on local supply chain development, warehousing, and talent cultivation.
Lay Offs
Salesforce Cuts 4000 Support Jobs as AI Handles Half of Customer Chats
AI now handles nearly half of Salesforce’s customer conversations, with human agents stepping in when tasks become too complex.
Gadgets
Around 77.8 million AI PCs will be Sold Worldwide This Year
By 2026, that number is expected to soar to 143 million, commanding a dominant 55% market share.
AI Startups
OpenAI Plans Data Center in India Amid Global AI Expansion: Report
In August, OpenAI confirmed plans to open its first India office in New Delhi later this year.
Chips
China’s Cambricon Records 4300% Revenue Surge as Nvidia Struggles With U.S. Export Curbs
The surge comes as U.S. chip giant Nvidia recorded no H20 chip sales to China in its latest quarter due to U.S. export restrictions.