ARM TECHNOLOGY
Form of war rapidly transforming, will have to be ready to accept change: CDS Chauhan
Chief of Defence Staff Gen Anil Chauhan addressed a gathering of Army personnel from 18 Grenadiers on the 25th anniversary of the battles of Tololing and Tiger Hill, highlighting the evolving nature of warfare due to technological advancements. Commemorating India's victory in the 1999 Kargil war, he emphasized the need for readiness to adapt to these changes. Gen Chauhan stressed on the importance of trust and professionalism, stating that future conflicts will require flexibility, innovation, and integration across military domains including cyber and space. He underscored the role of the armed forces in upholding national trust and security.
SoftBank CEO Masayoshi Son talks up artificial super intelligence ambitions
"SoftBank Group has done many things until now that have all been a warm up for my great dream to realise artificial intelligence," Son told shareholders at the group's annual general meeting.
Armed with World Bank and Stanford cred, Nara Lokesh poised for key role in Andhra's development
In the earlier TDP government between 2014 and 2019, Lokesh served as minister for Information Technology, and he has been inducted again as a minister into the new NDA govt in the state. Lokesh, who has an MBA degree from Stanford, also worked briefly in the World Bank's e-governance initiative before plunging into Andhra Pradesh politics.
Tech Mahindra arm Comviva strengthens leadership in Europe, North America
Tech Mahindra said in a statement, "The new leaders will aim to support Comviva's strategic vision based on the new market expansion and deep client relationship." To enhance its focus on growth, the digital solutions provider has divided Europe into two sub-regions. Salah Rich, head of Europe 1 subregion, will lead the markets of Italy, Russia and France.
Elliott rebuilds stake in SoftBank and pushes for $15 billion buyback: Report
SoftBank Group's shares surged to a three-year high after activist investor Elliott Management proposed a $15 billion buyback. CEO Masayoshi Son's confidence in the strategy was highlighted. The financial boost was attributed to the success of British chip-designer Arm Holdings.
Cisco launches $1 billion AI fund and makes first investments
Cisco through its investment arm, is investing in Cohere, Mistral AI and Scale AI, among others, and has already committed nearly $200 million of the fund.
Arm aims to capture 50% of PC market in five years, CEO says
Demand for use of Arm's technology in personal computers got a boost after Microsoft unveiled ambitious plans last month to launch a new breed of PCs with artificial intelligence features to compete with Alphabet and Apple.
India-US discussions underway for $3.9 billion MQ-9B drones acquisition
A team from the United States is currently in India engaging in discussions regarding the acquisition of MQ-9B drones by the armed forces. The deal, estimated at $3.9 billion, has not been finalized as talks on technology sharing are still ongoing. Sources reveal that a team from General Atomics is in the capital for negotiations on the purchase of 31 drones, with 15 designated for maritime roles.
Arm offers new designs, software for AI on smartphones
Arm Holdings unveiled new chip blueprints and software tools to enhance smartphones for AI tasks, aiming to accelerate adoption with changes in blueprint delivery.
D2M tech pioneer takes on DoT arm
The Telecommunications Engineering Centre (TEC) report has suggested that 3GPP 5G broadcast standards - backed by global chipmakers Qualcomm and Samsung, telecom equipment vendors Nokia and Ericsson as well as Indian telecom operators - have superior ecosystem readiness for direct-to-mobile (D2M) broadcasting compared with the ATSC 3.0 protocols.
Army chief highlights rapidly changing nature of warfare
Army Chief Gen Manoj Pande emphasized the need for NDA cadets to enhance technical competencies for future battlefields during the passing out parade of the 146th course.
Nvidia adds over $200 billion in market value in post-earnings rally
Nvidia's shares surged over 9% on Thursday, adding $218 billion in market value, the second-largest single-day gain in history on Wall Street, fueled by a bumper revenue forecast reinforcing investor confidence in the AI-driven chip demand boom.
Nvidia's blowout forecast adds fresh fuel to AI rally; stock jumps 9%
Nvidia rallied 9% on Thursday as its bumper revenue forecast reinforced investor confidence in the AI-driven boom in chip demand, lifting shares across the semiconductor sector.
Create joint culture: CDS Gen Chauhan to armed forces as govt looks at rolling out theatre commands
Chief of Defence Staff Gen Anil Chauhan emphasized the significance of theatre commands, marking a milestone in India's military preparedness and warfighting capabilities. He urged the armed forces to foster a joint culture and embrace "jointness 2.0", aiming for integrated operations and optimal resource utilization amidst evolving security challenges.
Microsoft debuts 'Copilot+' PCs with AI features
At an event on its campus in Redmond, Washington, Chief Executive Satya Nadella introduced what Microsoft calls "Copilot+" PCs, saying that it and a range of manufacturers would sell them, including Acer and Asustek Computer.
India's defence capabilities boosted under Modi government, relying on imports only for immediate needs: NITI Aayog member VK Saraswat
India has significantly enhanced its defense capabilities over the past decade, with a focus on indigenous manufacturing and reducing reliance on arms imports. VK Saraswat, a member of NITI Aayog and former chief of the DRDO, highlighted that 60% of India's arms and ammunition are now domestically produced, with major corporations like Adani, Tata, and L&T contributing to radar systems and gun manufacturing. Saraswat also assured that India's power capacity is sufficient to meet its needs, minimizing the risk of significant power cuts. Companies like Hindustan Aeronautics (HAL) and Bharat Electronics are poised to benefit from these trends.
SoftBank swings to Q4 profit of $2.1 billion
SoftBank Group reported a 328.9 billion yen net profit, despite Vision Fund's 57.5 billion yen loss. Improved from last year due to capital raised using Alibaba Group stake to offset Vision Fund writedowns.
SoftBank Q4 Results: Co swings to profit, eyes on Arm unit
Technology investor SoftBank Group swung to a net profit in the final quarter of its financial year, it said on Monday, as the Japanese giant focuses on artificial intelligence to help fuel a return to growth.
SoftBank seen returning to loss in Q4 despite tech stock strength
SoftBank Group anticipates losses despite Arm Holdings' success, with potential new growth investments. The soaring Arm share price, driven by AI, doesn't directly impact SoftBank's profit. Other listed assets showed mixed performance, influencing SoftBank's financial outlook.
Load More
