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European chipmaker STMicroelectronics reported net revenues of $3.47 billion, marking an 18.4% decline compared to the same period last year. This downturn was particularly noticeable in the automotive and industrial sectors, although gains in personal electronics provided some balance.

The far-reaching influence AI has on information processing, national security, military operations, the economy, and strategic decision-making is set to reshape the geopolitical landscape and redefine the power dynamics between nations.

The acquisition, valued at approximately $28 billion, one of the largest in Cisco's history, signifies a strategic move to strengthen its software portfolio amidst the growing interest in artificial intelligence technologies. 

The new 12,000-square-foot facility represents a continuation and enhancement of Techwave's operations that began in Houston in 2015, said a statement.

For this purpose, HFCL will create a new stepdown subsidiary under HFCL B.V., its wholly-owned subsidiary in the Netherlands.

Ashish Devalekar has been appointed as the Head of Europe, while Anurag Bhatia, will take over the role of leading the Mphasis's Global Business Process Services (BPS) division.

ChatGPT’s impact has gone way beyond writing poems about Carol’s retirement in the style of Shakespeare. It has given many people a taste of our AI-powered future.

Garden Reach Shipbuilders and Engineers (GRSE) and DEMPO Group have signed an MoU to build commercial vessels in Goa and Bhavnagar. This aims to diversify GRSE's portfolio and increase India's share in the global shipbuilding market, currently less than 1%.

The Union Cabinet has approved the Digital Personal Data Protection (DPDP) Bill, marking a crucial step towards its introduction in the upcoming Monsoon Session of Parliament, which commences on July 20.

To comply with the European Union's (EU) increasingly stringent data privacy and sovereignty regulations, Oracle has launched its new EU Sovereign Cloud.