AI investments News

UK and OpenAI Forge Strategic AI Partnership to Revolutionize Security and Education

The UK government and OpenAI have signed a strategic partnership to boost AI research, investments, and integration into security and education, marking a significant step in AI de...

HCLTech Q1 FY26 Results: A 9.7% Drop in Net Profit Amid Rising Revenues and Strategic AI Investments

HCL Technologies reports a 9.7% drop in Q1 FY26 net profit to Rs 3,843 crore, with revenues up 8.1% to Rs 30,349 crore. The company is investing in AI and restructuring for future ...

Meta's Next-Gen AI 'Behemoth' Faces Delays Amid Internal Concerns Over Performance

Meta Platforms delays its next-gen AI model 'Behemoth' amid internal concerns over performance and strategic direction, with the release now expected in fall or later.

IBM CEO Urges Shift from AI Experimentation to Delivering Real Business Value Now

IBM CEO Arvind Krishna highlights the transition from AI experimentation to focusing on delivering real business value, with over 1 billion GenAI apps expected by 2028 and a call f...

US Markets Surge as AI Investments and Corporate Earnings Fuel Optimism

U.S. stock markets opened higher, driven by optimism over AI investments and corporate earnings. President Trump's $500 billion AI project and strong performances from companies li...

Adobe's Revenue Forecast Sparks AI Investment Return Concerns

Adobe's shares fell nearly 10% in premarket trading due to a downbeat revenue forecast, raising concerns about the returns from its AI investments. Analysts note a disconnect betwe...