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A large housing project called “Life in Venice”, built as a replica of the Italian city of Venice on China’s eastern coast, now stands mostly quiet and empty. The multibillion-dollar complex in Jiangsu province has thousands of unfinished or vacant homes.However, in recent years, the area has started attracting young Chinese people looking for a…
Workday CEO Aneel Bhusri sought to claim investor concerns about the rise of AI-powered ‘agentic’ apps, telling analysts that Human Resources software providers like Workday remain essential. “No amount of vibe coding will replace the need for HR software providers like Workday,” Bhusri said on the company’s Q4 earnings call, pushing back against fears that…
Facebook parent company Meta is reportedly expanding its massive AI spending by striking a chip partnership with Google. Citing a report from The Information, news agency Reuters said that the Mark Zuckerberg-led company has signed a multi-billion dollar deal to rent Google’s specialised artificial intelligence (AI) chips to build its next generation of AI models….
When Intel CEO Lip-Bu Tan joined the company earlier this year, his appointment faced scrutiny over his investment in over 600 Chinese tech companies. Now, multi-billion dollar deals linked to the CEO have come under renewed attention after new details emerged about Intel’s attempted bid for AI chip startup Rivos. According to a report by…
Mehul Choksi (File photo) A court in Antwerp, Belgium, on Friday cleared the extradition of fugitive diamantaire Mehul Choksi, marking a major breakthrough for India in the Rs 13,000-crore Punjab National Bank (PNB) fraud case. Officials said the court upheld the validity of Choksi’s arrest made by Belgian authorities on India’s request earlier this year.“The…
