Adobe forecast fiscal 2026 revenue and profit above Wall Street expectations on Wednesday, signaling strong demand for the Photoshop maker’s design tools and increasing monetization for its artificial intelligence offerings.
Amazon plans to invest more than $35 billion in India by 2030 to expand its operations by boosting artificial intelligence capabilities and increasing exports, the U.S. e-commerce giant said on Wednesday, as global tech firms deepen their presence in Asia’s third-largest economy.
Chinese polysilicon makers have set up an acquisition company to help restructure an industry plagued by oversupply, local media reported on Wednesday, although it was unclear if the firm has concrete plans to buy and shut excess capacity.
Snowflake shares slumped 8% in premarket trading on Thursday after the cloud data analytics company forecast slower product revenue growth for the fourth quarter, partly hit by discounts offered on the large, long-term deals.
Meta Platforms was subject to another EU antitrust investigation on Thursday over its rollout of artificial intelligence features in its WhatsApp messenger that would block rivals, as Big Tech’s use of generative AI comes under increasing scrutiny.
Netflix’s proposed acquisition of Warner Bros Discovery’s studios and streaming unit is expected to reduce streaming costs for consumers by bundling Netflix and HBO Max, according to two people familiar with the proposal.
The safety practices of major artificial intelligence companies, such as Anthropic, OpenAI, xAI and Meta, are "far short of emerging global standards," according to a new edition of Future of Life Institute’s AI safety index released on Wednesday.
In a labour market where artificial intelligence is quickly transforming and sometimes replacing jobs, student Maryna Yaroshenko wanted to find a future-proof career that offered long-term stability.
Malaysian Prime Minister Anwar Ibrahim said U.S. chipmaker Intel has announced an additional investment of 860 million ringgit ($208 million) in the country for assembly and testing operations.
Amazon and Google introduced a jointly developed multicloud networking service on Sunday to meet growing demand for reliable connectivity the companies said in a statement, at a time when even brief internet disruptions can cause major outages.
SoftBank-backed Indian e-commerce firm Meesho is doubling down on artificial intelligence and new business lines to expand its user base and move towards profitability, founder and CEO Vidit Aatrey told Reuters in an interview.
Taiwan Semiconductor Manufacturing Co said on Tuesday it had filed a lawsuit in Taiwan’s Intellectual Property and Commercial Court against its former Senior Vice President Wei-Jen Lo, who recently joined Intel.
Meta Platforms is in talks with Google to spend billions of dollars on the Alphabet-owned company’s chips for use in its data centers starting from 2027, The Information reported, a move that would cast Google as a serious rival to semiconductor giant Nvidia.
Cybersecurity company Wiz has cleared a U.S. Justice Department (DOJ) antitrust review of its acquisition by Google-parent Alphabet, Wiz CEO said in a Wall Street Journal event on Tuesday.