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Oracle stock jumps 9% on earnings beat a...

Oracle stock jumps 9% on earnings beat and increased guidance as cloud reve...

Oracle stock jumps 9% on earnings beat and increased guidance as cloud revenue climbs 44% **Oracle Surges on Robust Earnings and Upbeat Cloud Outlook** **Redwood City, CA – [Date]** – Oracle Corporation experienced a significant surge in its stock value today, with shares climbing approximately... read more »

Telecom major Bharti Airtel on Thursday announced it has acquired 100 per cent stake in Wireless Business Services (WBSPL), a company founded by U.S. chipmaker Qualcomm. The company had acquired a 49 per cent stake in WBSPL in May 2012 for $165 million. At that price, the additional stake purchase would have cost Airtel an estimated $165 million, or Rs. 1,008.1 crore at Friday’s exchange rate. However, the company did not disclose the financial details of the deal. In a statement, Airtel said that it has “completed the acquisition of 100 per cent equity shares of Wireless Business Services Private Limited, which holds BWA Spectrum in the Indian telecom circles of Mumbai, Delhi, Haryana and Kerala”. Airtel acquired a majority stake in WBSPL in July by increasing its stake to 51 per cent from 49 per cent. WBSPL has spectrum that can be used for high-speed 4G services in New Delhi, Mumbai, Haryana and Kerala. Airtel has the similar spectrum in Punjab, Maharashtra, Kolkata and Karnataka. Airtel has already launched 4G services in Bangalore, Pune, Kolkata, Chandigarh, Mohali and Panchkula. Shares of Airtel were trading at Rs. 353.80, up by 1.46 per cent, in the afternoon session at BSE.
AI chipmaker Cerebras namedropped by Ora...

AI chipmaker Cerebras namedropped by Oracle, alongside Nvidia and AMD

AI chipmaker Cerebras namedropped by Oracle, alongside Nvidia and AMD ## Cerebras Systems Gains Prominence with Oracle Cloud Integration **Emerging semiconductor firm Cerebras Systems is reportedly in discussions with Oracle Cloud Infrastructure (OCI) regarding a potential partnership, a... read more »

Donald Trump
Trump says U.S. will build first refiner...

Trump says U.S. will build first refinery in 50 years with investment by In...

Trump says U.S. will build first refinery in 50 years with investment by India's Reliance Industries ## Landmark Energy Investment Poised to Reshape U.S. Refining Landscape **WASHINGTON D.C.** – In a significant development for the American energy sector, the United States is set to welcome... read more »

Yann LeCun Raises $1 Billion to Build AI...

Yann LeCun Raises $1 Billion to Build AI That Understands the Physical Worl...

Yann LeCun Raises $1 Billion to Build AI That Understands the Physical World ### Yann LeCun’s New Venture Targets Embodied AI with $1 Billion Funding **[City, State] – [Date]** – A significant new player has emerged in the artificial intelligence landscape, aiming to redefine the path... read more »

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Donald Trump

Trump admin blacklists Anthropic as AI firm refuses Pentagon demands

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Trump says U.S. military has begun major combat operations in Iran

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OpenAI Fires an Employee for Prediction Market Insider Trading

OpenAI Fires an Employee for Prediction Market Insider Trading ## Tech Giant Takes Action Against Prediction Market Misconduct **A prominent artificial intelligence research laboratory has reportedly... read more »