All articles by Shivam Mishra
Shivam Mishra
ByteDance plans to invest $12bn in AI infrastructure
The development comes as the Beijing-based company faces pressure from the US government to sell its social media app TikTok.
OpenAI and SoftBank announce $500bn AI project
The Stargate project, announced at the White House, involves an initial investment of $100bn, with plans to increase this to $500bn over the next four years.
China launches $8.2bn AI investment fund as US tightens trade controls
The fund, named the National AI Industry Investment Fund, was incorporated in Shanghai.
TCS opens new AI-driven delivery centre in France
The new facility will utilise technologies such as AI, generative AI, machine learning, and data analytics to support customers in aerospace and related industries.
OpenAI’s o3 mini AI model is set for launch
The company announced it was testing advanced reasoning models, o3 and o3 mini, designed to address more complex tasks compared to earlier iterations.
Subscribe to our Newsletter
Get industry leading news, data and analysis delivered to your inbox
Starboard Value acquires 7.7% stake in chipmaker Qorvo
The acquisition comes as Qorvo grapples with stiff competition and slowing orders for its smartphone chips.
IBM to buy Oracle consultancy, and partner with L’Oréal
The acquisition aims to enhance IBM’s Oracle solutions across North America, the UK, and Ireland, addressing complexities in public sector cloud transformations.
China launches probe into US chip subsidies
The probe reflects Beijing’s response to US restrictions on China’s semiconductor industry.
Accenture and Telstra to form data and AI joint venture
The JV will be 60% owned by Accenture and 40% by Telstra, an Australian technology and telecommunications company.
Synthesia secures $180m for AI video expansion
London-based Synthesia’s platform uses generative AI software to create avatars for various enterprise video content purposes.