Mor 
Taiwan Semiconductor Manufacturing Co. posted its slowest pace of monthly revenue expansion since October, highlighting the potential challenges of sustaining a torrid AI-fuelled pace of growth. Sales in April rose 17.5% to NT$410.7 billion ($13.1 billion), their smallest rise in about six months. While the rise reflects just 30 days of business and its revenue … Read more
Cloudflare said on Thursday it would cut about 20% of its workforce as the company restructures operations around the rapid adoption of artificial intelligence tools and forecast second-quarter revenue slightly below Wall Street expectations. The internet infrastructure and cybersecurity company plans to cut more than 1,100 jobs globally. It had 5,156 full-time employees at the … Read more
Former Army chief General VP Malik said future wars are likely to see a much greater role for drones and advanced technologies, as military conflicts become faster, more intense and increasingly unpredictable. Speaking to CNBC-TV18 on completion of one year of Operation Sindoor, Malik said recent conflicts across the world, including the Iran confrontation and … Read more
“Trust is built in drops and lost in buckets.” This old adage has never been more relevant than in India’s rapidly expanding digital financial ecosystem. As India leads global digital asset adoption, with participation spreading from metros to tier-3 towns, we face a critical question: can trust infrastructure scale as fast as adoption? This moment … Read more
R Srikrishna, CEO and Executive Director of Hexaware Technologies, expects growth to be driven largely by fresh business wins, even as some legacy accounts remain stable rather than expanding. The company expects demand recovery in the second half of the year to support operating leverage and improve profitability. While the company has seen minor delays … Read more
Noida-based IT service company Coforge expects AI-driven interventions to play a major role in expanding profitability over the next few years. Coforge CEO Sudhir Singh said the company’s FY27 EBITDA (earnings before interest, tax, depreciation, and amortization) margin guidance of 20.5% to 21% could be surpassed, supported by automation, tighter control on operating costs and … Read more
Indian mid-tier software firm Mphasis has filed a lawsuit against rival Coforge in a US court, claiming that the latter had hired its executives in violation of contract restrictions and gained access to confidential client information. In a filing dated March 31, Mphasis sought injunctive relief to prevent Coforge from employing two of its former … Read more
Anthropic has announced a partnership with SpaceX to significantly expand its compute capacity, a move that will also enable higher usage limits for Claude Code and the Claude API. In a post on X, Claude said the agreement, along with other recent compute deals, has allowed the company to increase its usage limits. The development … Read more
China’s frontier AI race is heating up, with DeepSeek in talks to raise fresh capital at a potential valuation of around $45 billion, as the state-backed China Integrated Circuit Industry Investment Fund (Big Fund) looks to lead its first external funding round, according to a Financial Times report. The proposed valuation marks a sharp jump … Read more
Alphabet Inc.’s Google, Microsoft Corp. and xAI have agreed to give the US government early access to their artificial intelligence models to assess the systems’ capabilities and help improve their security before the technology is released to the public. With the agreements, the AI developers join OpenAI and Anthropic PBC in allowing pre-release reviews of … Read more
