Sushovan Nayak sees short-term AI jitters, long-term opportunities for IT giants

Indian IT stocks have felt pressure recently as global developments in artificial intelligence spark fresh concerns among investors. News of China ramping up its AI innovation, coupled with new product launches from international AI platforms, has triggered a wave of sentiment-driven selling in the sector. Speaking to ET Now, Sushovan Nayak from Anand Rathi highlighted […]

UK Supreme Court ruling on patents and AI is boost for innovation, lawyers say

LONDON, Feb 11 (Reuters) – An artificial neural network, a type of artificial intelligence which can engage in machine learning, can be patented, the ‌United Kingdom’s Supreme Court ruled on Wednesday in a decision welcomed by ‌lawyers as a boost for patenting AI innovations. Emotional Perception AI applied for a patent for an artificial ​neural […]

Ola gives up over 1.7 lakh sq ft of office space in Bengaluru amid AI automation and operational recalibration: Sources

Ola has surrendered more than 1.7 lakh sq ft of leased office space in Bengaluru as it accelerates the use of artificial intelligence and automation across its operations, people familiar with the matter said. Ola has surrendered over 1.7 lakh sq ft of office space in Bengaluru amid increased use of AI and automation, sources […]

Will Artificial Intelligence-era job uncertainty cool Bengaluru’s red-hot real estate market?

As fears grow that artificial intelligence could disrupt software jobs, a Reddit debate has revived a familiar question in Bengaluru’s property market: what happens to real estate if the city’s IT engine slows? The discussion was sparked by remarks attributed to Anthropic CEO Dario Amodei, who suggested that software engineers could become ‘largely obsolete’ within […]

Microsoft’s pivotal AI product is running into big problems| Business News

Microsoft’s Copilot chatbot has become central to its artificial-intelligence strategy as the company’s close partnership with OpenAI diminishes. But the effort to build it up as a ChatGPT alternative has been tough going. The stakes are high for Microsoft because Copilot is core to a push by Chief Executive Satya Nadella to transform Microsoft into […]

Oracle may slash up to 30,000 jobs amid AI data centre funding challenges

Oracle is contemplating substantial job cuts, potentially eliminating between 20,000 and 30,000 positions, as it grapples with challenges in securing funding for its artificial intelligence (AI) data centres. According to investment bank TD Cowen, the US tech firm aims to generate $8bn to $10bn in cash flow through these reductions. Additionally, Oracle is exploring the […]

The Worst Day for Silver in 46 Years Serves as a Warning for the Stock Market’s 2 Hottest Trends: AI and Quantum Computing

Over the last three years, the bulls have ruled the roost on Wall Street. All of the stock market’s major indexes have climbed to several record highs, with game-changing innovations and hot trends leading the way. This includes the rise of artificial intelligence (AI), the advent of quantum computing, and the precious metals bonanza that […]

This Artificial Intelligence (AI) Giant Is Up 72% Since the Start of 2025, and It Looks Even More Attractive in 2026 (Hint: Not Nvidia)

Artificial intelligence (AI) stocks had another strong year in 2025, and many are off to great start in 2026. Semiconductor stocks have been particularly strong, with the likes of Nvidia (NASDAQ: NVDA) and Broadcom (NASDAQ: AVGO) pushing the group higher. But one semiconductor stock that outperformed both of those behemoths is Taiwan Semiconductor Manufacturing (NYSE: […]

Singapore insists humans stay in charge| Business News

While artificial intelligence (AI) companies keep making impassioned pitches about the benefits of AI agents who can automate certain workflows in an enterprise environment, the Singapore government has released a new framework designed to safeguard against risks posed by the deployment of agentic AI, and to ensure responsible development of the technology. The Singapore’s Infocomm […]