AI company Anthropic is reportedly negotiating a deal to purchase specialized AI inference chips from the British startup Fractile.
Résumé généré par IA
AI company Anthropic is reportedly negotiating a deal to purchase specialized AI inference chips from the British startup Fractile.
India's technology and software services sector may see up to 35,000 job eliminations this year due to increased focus on productivity and market competition. Staffing firms report 10,000-15,000 'silent layoffs' already occurred, with projections for the full year ranging from 25,000 to 35,000.
Global oil prices surged over 1% as US President Trump declared the ceasefire with Iran "over" and fresh US military strikes heightened fears of supply disruptions. Brent crude rose to $79.04 and WTI to $74.46.
Digital payments firm PayU anticipates a 25% expansion in total payment value and lending assets under management within 12-18 months, aiming for net profitability across its fintech operations. CEO Anirban Mukherjee projects Rs 6,700 crore revenue for FY26.
Girnar Software, the parent company of auto-tech platform CarDekho, is preparing to file draft papers for an IPO in Q3, aiming for an issue size of up to Rs 3,000 crore. The offering will primarily be an OFS, with a small fresh issue component, targeting a valuation of Rs 13,000 crore.
Several US states, led by California, are preparing to sue Paramount over its $110 billion acquisition of Warner Bros. Discovery, citing concerns about competition law violations. Hollywood actors and theater owners also oppose the deal, fearing job losses and reduced consumer choice.
India's ER&D service companies likely experienced a mixed start to fiscal 2027, with Q1 revenue estimates showing a sequential range from 0.9% contraction to 1.5% growth in constant currency. Analysts point to a weak automotive market as a significant drag on the sector.
