Page 19 - Artifical Intelligence

What is CXMT and how did it become China's most valuable listed firm?

China's biggest memory chipmaker has stunned global markets with a blockbuster stock market debut. Here is what the company does and why investors are betting big on it

How agentic AI is changing who influences online shopping decisions

As AI shopping agents evolve from assistants to decision-makers, retailers may need to rethink how they reach customers, present products and compete online

Mphasis says clients more 'amenable' to outcome pricing amid AI-led deals

The IT services firm says AI-led transformation is driving greater client interest in outcome-based pricing, though such contracts still account for a small share of revenue

Facing roadblocks: The checkout question for AI commerce in India

Marketplaces fear autonomous agents could bypass discovery and recommendations

Dramatic rally elusive, but healthy returns within reach: Kunal Vora

BNP Paribas expects Indian equities to recover as earnings improve, with private banks, telecom and consumer staples favoured despite crude oil and geopolitical risks

India among top 5 growth markets, key to global strategy: Red Hat

India has emerged as one of the top five growth markets globally for open-source solutions provider Red Hat and its parent company IBM, driven by the country's deep-rooted embrace of open-source architecture and a burgeoning talent pool, a top company executive said. India is currently at the centre of the company's global strategy, both as a critical market and a hub for engineering excellence, Navtej Singh Bal, Vice President and General Manager, India and South Asia, Red Hat, noted. "India, what started as a business from scratch, has actually scaled up nicely to be one of our fastest-growing businesses globally, and this is primarily because India has actually embraced open-source software at its core. "I would say India would be, both for Red Hat and IBM, one of the top five growth markets globally," Bal said. Addressing concerns regarding AI-induced job losses in the IT sector, Bal stated that while the technology will unlock efficiency gains of 2-5 per cent year-on-year, ...

China's memory chip makers ride AI boom to new power and US scrutiny

Executives at the Huawei-connected equipment vendor, SiCarrier, concluded the confrontation was the result of the power struggle between CXMT and Huawei

IT firms Q1 growth not enough to offset AI's impact on traditional biz

Top IT firms reported muted growth as macroeconomic uncertainty, weak discretionary spending and AI-led disruption continued to weigh on traditional revenue streams

Fractal Analytics profit almost doubles to ₹74.2 crore in April-June

Artificial intelligence firm Fractal Analytics on Friday said its consolidated profit surged by nearly twofold to Rs 74.2 crore in the first quarter of the current fiscal. A year ago, the company had posted a profit of Rs 37.5 crore attributable to owners of the parent firm. The consolidated revenue of Fractal Analytics grew by about 20 per cent to Rs 912.5 crore during the reported quarter from Rs 760.5 crore in the June 2025 quarter, according to a regulatory filing. "Enterprises are putting real transformation budgets behind AI now, and we're seeing it directly in the size of the deals coming to us. TMT was the drag on our headline growth this quarter. Excluding TMT, our business grew 35 per cent year on year, which is a better read on the underlying demand we're seeing," Fractal Analytics Group CEO and Executive Vice-Chairman Srikanth Velamakanni said. He said higher capex spending by TMT players in the US and Asia Pacific led to lower growth in the segment, but there are signs

HCLTech announces first AI data centre in partnership with Sarvam in Odisha

HCLTech said the planned capital outlay for the project will be around ₹14,257 crore, including financial assistance from the Odisha government.

HCL Tech rallies 24% from July low; hits 3-month high on huge volume

HCL Tech expects demand to remain resilient as the industry transitions from AI disrupted to AI-native services, driven by ongoing modernization imperatives and AI-led transformation.

Jeff Bezos pushes Prime Video redesign focused on artificial intelligence

The Prime Video initiative grew out of an internal presentation the streaming service's executives made to Bezos last autumn that turned contentious

Inflation, AI-led job uncertainty weigh on some consumers: United Spirits

The liquor maker said premium demand remains healthy despite inflationary pressures and AI-driven employment uncertainty affecting sentiment in some consumer segments

How AI agent marketplaces could become the app stores of a new agentic era

OpenAI, Anthropic, Google and Microsoft are building directories for AI agents and connected tools, setting up a new battle over software discovery, payments and platform control

85% of Indian finance leaders under pressure to prove ROI on AI: Report

The survey also found that 76 per cent of finance teams lack dedicated in-house expertise to understand how AI agents work.

Why Moonshot AI's launch has put Chinese startups in US crosshairs

The US concerns come as Chinese AI artificial intelligence (AI) companies rapidly expand their presence in the global market

Govt to support 20 indigenous sovereign AI models under IndiaAI Mission

Govt has identified 20 indigenous sovereign AI models for support under the IndiaAI Mission, spanning LLMs, speech, video and domain-specific applications, while expanding AI infra and skilling

Payments firms build AI commerce rails, but ecom platforms stay guarded

Payments companies are building rails for autonomous AI-led shopping, but ecommerce platforms remain wary of losing control over discovery, recommendations and margins

How AI data centre spending is creating hidden debt for tech giants

AI spending by Alphabet, Microsoft, Amazon, Meta and Oracle is driving a surge in hidden debt, with off-balance-sheet commitments reaching $1.65 trillion

Samsung debuts AI-powered health assistant, joining packed market

Samsung Health Assistant pulls in data from the user's Galaxy smartphone, smartwatch or smart ring. Samsung also announced a series of other features coming to its health platform