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OpenAI CEO Sam Altman criticizes companies for ‘AI washing’ – falsely blaming AI for layoffs driven by cost-cutting. While genuine job displacement by AI is coming, many firms use it as a narrative shield for over-hiring or restructuring. High-profile companies have even walked back AI-centric layoff claims, revealing more mundane reasons. OpenAI CEO Sam Altman…
India likely to join US-led Pax Silica alliance (IANS) NEW DELHI: India is likely to formally join the US-led Pax Silica strategic alliance on Friday, amid efforts by New Delhi and Washington to finalise a proposed trade deal and advance other initiatives to strengthen ties.Pax Silica is an initiative aimed at building a secure, resilient…
CLSA has downgraded Dixon Technologies to hold from outperform with the target price cut to Rs 12,100 from Rs 15,800 earlier. Analysts said the memory industry is entering a super cycle, driven by AI’s appetite for high-bandwidth memory (HBM) and DDR5, while mainstream storage faces tightening supply and rising costs. India’s dependence on imports leaves…
Roshni Nadar (File photo-PTI) Artificial intelligence is forcing a structural rethink of India’s technology growth model, with HCL Technologies chairperson Roshni Nadar Malhotra on Thursday calling for a decisive transition from services-led expansion to intellectual property creation to remain globally competitive.Addressing the AI Impact Summit 2026, Malhotra said the next phase of economic value creation…
Bryan Johnson (Image source: Wikipedia) Social media is a big part of our daily lives now. Smartphones keep getting notifications, timelines never stop refreshing, and short videos are always trying to get your attention. Even though these platforms are supposed to connect people, researchers and technologists are starting to wonder how being on them all…
Warren Buffett reportedly sold two major technology stocks in his final quarter at Berkshire Hathaway before retiring as chief executive on December 31, 2025. According to an AOL report, in Berkshire Hathaway’s latest Form 13F filing with the US Securities and Exchange Commission, Buffett reported selling shares of Amazon and Apple during the fourth quarter…
Tesla CEO Elon Musk, Apple CEO Tim Cook, Xiaomi President Lu Weibing and many others are warning about a global crisis unfolding: Shortage of memory chips. The scarcity of memory chips led to their soaring costs. As a report in Bloomberg says it is beginning to hammer profits, derail corporate plans and inflate price tags…
Indian IT sector stocks have been bleeding for the last few days, facing a massive selloff on increasing fears that artificial intelligence (AI) tools and models will hit the basic revenue model of the technology sector. The index tracking Indian IT sector stocks such as Tata Consultancy Services Ltd. and Infosys Ltd. has lost a…
India plans to unveil a new “rail tech” policy in the coming weeks to boost domestic manufacturing of next-generation railway technology and equipment. Under the proposed framework, the Railway Board is expected to offer partial funding, technical support, and access to testing facilities to manufacturers. The policy is part of the government’s rail modernisation drive…
IT stocks have taken a massive hit, losing over Rs 6 lakh crore in market value across eight sessions, with the Nifty IT index dropping more than 8 per cent. The sell-off stems from fears that AI could automate core IT services like application development, maintenance, and testing – the backbone of Indian IT companies’…
