Standard Chartered Plans 7,000 Job Cuts Amid AI and Automation Push
Standard Chartered is restructuring its global operations around artificial intelligence (AI) and automation, company plans to cut more than 7,000...
Google and Blackstone Form AI Cloud Venture as Demand for AI Data Centers Surges
Google and Blackstone have formed a new AI cloud venture at a moment when demand for compute, power and data...
Cisco to Cut About 4000 Jobs as AI-Focused Restructuring Accelerates
Cisco announced on Wednesday that it will cut fewer than 4,000 jobs, or less than 5% of its workforce, as...
OpenAI Caps Microsoft Revenue Share at $38 Billion in Major Deal Reset
OpenAI and Microsoft have reportedly agreed to cap the total revenue OpenAI shares with Microsoft at $38 billion. Reuters reported,...
Everpure Completes 1touch Acquisition to Strengthen AI-Ready Data Management
Everpure has completed its acquisition of 1touch, bringing data intelligence and orchestration into its storage platform. By integrating storage with...
AI-Powered Cyberattacks Pose Threat to Financial Markets, IMF Warns
May 7, 2026: The International Monetary Fund (IMF) warns that artificial intelligence is not only strengthening cyber defense, but it...
76% of Firms Now Have Chief AI Officers, IBM Research Shows
IBM’s latest CEO study finds that a vast majority of companies worldwide have now appointed Chief AI Officers (CAIOs). The...
IBM and MIT launch new research lab to merge AI and quantum computing in next phase of computing
IBM and MIT are now treating AI, algorithms, and quantum computing as connected parts of one research agenda, not separate...
Google Cloud India AI Hub Foundation Laid in Visakhapatnam: What the $15 Billion Project Means for India’s AI Infrastructure
The foundation stone for the Google Cloud India AI Hub was laid today in Visakhapatnam, turning a long-planned data centre...
Microsoft Offers Voluntary Buyouts to Thousands of US Employees Amid AI Shift
Microsoft offers voluntary buyouts; if the criteria are met, employees can retire. Is Microsoft adjusting its workforce structure? At the...