Artifical Intelligence

Facebook owner Meta Platforms will buy artificial intelligence chips from Advanced Micro Devices in a deal that will also give it the opportunity to buy up to a 10 per cent stake of the chip company. Meta will buy AMD's latest chips, the MI450, to help power data centres. The 6-gigawatt agreement will see shipments supporting the first gigawatt deployment set to start during the second half of this year. The agreement could potentially be worth more than USD 100 billion. Shares of AMD jumped more than 9 per cent before the market opened on Tuesday. The companies said that AMD issued Meta a performance-based warrant for up to 160 million shares of its common stock at USD 0.01 a piece, structured to vest as long as certain milestones are achieved. The first tranche vests with the initial 1-gigawatt of shipments, with additional tranches vesting as Meta's purchases scale to 6 gigawatts. News of the AMD deal comes just days after Meta announced a long-term partnership where it will us

India's IT services sector is set to touch $315 bn in FY26, with AI revenues of $10-12 bn, modest headcount growth, and ER&D and GCCs driving expansion despite global headwinds

As AI drives power-hungry data centres, experts urge India to embed renewable and green norms into its data centre policy to ensure sustainable digital growth

AI capex boom may keep India markets under pressure as global funds shift to semiconductor-heavy markets like Taiwan and Korea, says Christopher Wood of Jefferies

Anthropic's new AI tool for finding and fixing code vulnerabilities has triggered sharp market reaction in select markets and renewed debate over how much AI can reshape application security industry

Speaking during his India visit, the OpenAI CEO said water claims are "totally untrue" but acknowledged that AI's rising power needs make nuclear and renewables more urgent

While AI will generate enormous profits, he cautioned that history suggests early pioneers are often displaced

Mid- to senior-level professionals drive surge in AI upskilling; platform partners with IIMs, IITs and OpenAI to expand agentic and generative AI programs

Unicorn creation has accelerated 40-fold worldwide in a decade, with AI startups reaching billion-dollar valuations faster and founder ages dropping significantly, an Antler report shows

Wipro, Cyient, Hexaware Technologies, KPIT Technologies and L&T Technology Services from the IT sector and Info Edge (India) and C.E. Info Systems from the IT-related sector hit 52-week lows on Monday

As on Q3FY26, STL's open order book stood at ₹5,325 crore, and a robust order pipeline provides strong revenue visibility and reinforces growth outlook for the year, the management said.

Prime Minister Narendra Modi on Monday said the entire world wholeheartedly praised India's potential at the just-concluded AI Impact Summit, demonstrating that the mindset of India's young talents in technology will be of great benefit to humanity. The AI Impact Summit 2026, held in New Delhi last week, concluded with the adoption of the New Delhi Declaration on AI Impact, marking a significant milestone in global cooperation on artificial intelligence (AI). "The entire world wholeheartedly praised India's potential at the historic AI Summit held in Delhi. This demonstrates that the mindset of our young talents in technology is going to be of great benefit to all of humanity," Modi wrote on X in Hindi. The New Delhi Declaration has been endorsed by 89 countries and international organisations, reflecting a broad-based global consensus on leveraging AI for economic growth and social good. Global leaders, including UN Secretary-General Antonio Guterres, French President Emmanuel ...

But Atal Innovation Mission faces utilisation, depth challenges as it turns a decade

At the AI Impact Summit in New Delhi, India unveiled indigenous LLMs and pushed for AI sovereignty as 89 nations backed broader, affordable access to AI

Martin, who was in India to attend the AI Impact Summit, also said the AI talent base in India was unparalleled

Addressing his monthly radio broadcast 'Mann Ki Baat', Modi also asked people to remain vigilant against online financial fraud and digital arrest

HCLTech chairperson Roshni Nadar Malhotra says AI will enhance per-employee productivity and transform entry-level roles, as the firm expands into new areas including semiconductor packaging

India's AI ambition, spanning the entire technology stack, aims to drive innovation across the domestic ecosystem while also contributing globally, Ericsson's senior Vice President and Chief Technology Officer Erik Ekudden has said. Ekudden told PTI that the evolution of networks will be central to the AI journey. While AI is already being used to optimise 5G networks today, the future will see the rise of agentic AI or AI agents, and eventually physical AI such as robots and humanoids. However, he underlined that full benefits of such advances will only be realised with robust, AI-powered connectivity, with 5G evolving toward AI-native 6G networks in the years ahead. Ekudden said diffusion of AI in telecom is aiding in operations, dimensioning and running the networks in the most efficient way, with humans in the loop. India's AI ambition reflects a clear push to drive innovation across the entire technology stack, not just domestically but with global impact, he said underlining

India joined the Pax Silica initiative and also signed a Joint Statement on the 'India-US AI Opportunity Partnership' as a bilateral addendum to the declaration

In China, the mood is far more upbeat. Instead of worrying about disruption, investors are chasing perceived winners, drawn by AI's growth prospects