Meta to nearly double its investment in AI in 2026 as Mark Zuckerberg looks to build a ‘personal superintelligence’
In its Q4 earnings report released on Wednesday, Meta revealed that its capital expenditure on AI for 2026 would be…
Category: Business
Business
Kearney turns to AI to eliminate human bias in consulting hiring
Kearney is overhauling its hiring process by using AI to reduce human bias. Piloted in India, the firm is analysing…
Elon Musk says Tesla ending Models S and X production as Tesla reports its first annual revenue decline on record
Elon Musk announced the end of production for Tesla’s Model S and Model X. He added that the company’s Fremont…
Delhi high court summons Priya Kapur, others on Rani Kapur’s plea to cancel family trust
The Delhi high court has also issued summons to 23 other defendants named by Rani Kapur in her plea. These…
PE firm InvAscent writes bigger cheques in pharma as rising costs reset capital needs
This comes on the back of increased investor interest in the pharma and healthcare sectors, driven by higher income spends,…
Airtel partners Adobe to offer Express Premium access free to 360 mn customers
Bharti Airtel on Thursday said it will provide free access to Adobe Express Premium to 360 million customers, enabling them…
Amazon layoffs: India-based employees among those expected to be hit as e-commerce giant slashes 16,000 jobs—details
Initial reports about the latest round of job cuts had not provided specifics about the geographies and departments that are…
Piramal Pharma points to early recovery signs after seeing red in Q3
The company posted its results for the third quarter of FY26 late on Wednesday evening, with its revenue dipping 3%…
Nokia chair Sari Baldauf to step down, Vice chair Timo Ihamuotil to succeed. Details here
Nokia’s chair Sari Baldauf is resigning, to be replaced by Timo Ihamuotila. The company is pushing into AI to counteract…
Boeing unfazed by India-EU FTA, says maintenance cost unlikely to decline soon
Despite the India-EU FTA eliminating tariffs on aircraft parts, Boeing remains skeptical about significant cost reductions for maintenance in India.…
